Vitals
  • Total Assets
    534.4M 3.1 %
  • Total Deposits
    460.3M 4.0 %
  • Total Net Loans
    294.3M 4.2 %
  • Net Income
    5.2M 11.6 %
  • Book Value
    61.5M -1.7 %
  • Book Value x2
    123.1M -1.7 %
  • Book Value x3
    184.6M -1.7 %
ROAA

.963

ROAE

8.196

Efficiency Ratio

68.688

Net Interest Margin

4.114

Balance Sheet Highlights
Financial Highlights First Security Bank All Insured Commercial Banks in Mississippi
Balance Sheet $(000)
Total Assets 534,367 525,484
Total Net Loans 294,304 348,104
Total Deposits 460,326 440,088
Total Equity 61,538 60,485
Profitability
Net Income 5,224 5,177
Return on Average Assets .963 .911
Return on Average Equity 8.196 8.357
Net Interest Margin 4.114 3.971
Efficiency Ratio 68.688 70.327
Noninterest Income/Revenue 24.405 22.171
Balance Sheet Ratios
Loan-to-Deposit 63.934 71.665
Securities/Assets .281 .197
Total Equity/Total Assets .115 .115
Tangible Equity/Tangible Assets .108 .102
Capital Adequacy
Tier 1 Common Capital 58,020 52,498
Tier 1 Capital 58,020 52,598
Tier 2 Capital 3,037 3,510
Total Capital 61,057 56,103
Total Risk Weighted Assets 344,094 380,206
Leverage Ratio 10.83 10.71
Common Equity Tier 1 Capital Ratio 16.86 16.284
Tier 1 Capital Ratio 16.86 16.342
Total Capital Ratio 17.74 17.377

Timeline for First Security Bank

Tunica Branch

Acquisition: First Security Bank acquired a new subsidiary, Tunica Branch , 24 years

View Profile Jul 22 1999

First Security Insurance, Inc.

First Security Insurance, Inc. became a new subsidiary organization for First Security Bank.

View Profile Aug 13 1998

First Leasing Company

First Leasing Company became a new subsidiary organization for First Security Bank.

View Profile Apr 18 1996

Bank Of Sardis

Acquisition: First Security Bank acquired a new subsidiary, Bank Of Sardis, 29 years

View Profile Oct 01 1994

Security Capital Corporation

Security Capital Corporation became a new parent organization for First Security Bank.

View Profile Dec 19 1983

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Complete timeline for First Security Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Tunica Branch Seller Acquisition Charter Retained 7/22/1999
Bank Of Sardis Seller 28,723 Discontinued 10/1/1994
Relationships Role Relationship Start Relationship End
Security Capital Corporation Parent 12/19/1983
First Security Insurance, Inc. Subsidary 6/30/2007
First Security Insurance, Inc. Subsidary 8/13/1998 6/29/2007
First Leasing Company Subsidary 4/18/1996 12/31/2000
Batesville Security Build Corp. Subsidary 3/1/1972 1/9/1984
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