Herrin Security Bank
Herrin, IL — Domestic Branch of a Domestic Bank
Acquired Dec 2014
Vitals
-
Total Assets101.9M -1.8 %
-
Total Deposits90.0M -3.1 %
-
Total Net Loans49.8M -3.1 %
-
Net Income892000.0000 -5.9 %
-
Book Value11.7M 9.9 %
-
Book Value x223.4M 9.9 %
-
Book Value x335.1M 9.9 %
Balance Sheet Highlights
Financial Highlights | Herrin Security Bank | All Insured Commercial Banks in Illinois |
Balance Sheet $(000) | ||
Total Assets | 101,914 | 247,551 |
Total Net Loans | 49,818 | 153,299 |
Total Deposits | 89,994 | 210,549 |
Total Equity | 11,712 | 25,930 |
Profitability | ||
Net Income | 892 | 1,598 |
Return on Average Assets | 1.154 | .813 |
Return on Average Equity | 10.698 | 7.826 |
Net Interest Margin | 3.896 | 3.46 |
Efficiency Ratio | 65.599 | 69.35 |
Noninterest Income/Revenue | 9.669 | 14.983 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 55.357 | 67.343 |
Securities/Assets | .437 | .221 |
Total Equity/Total Assets | .115 | .105 |
Tangible Equity/Tangible Assets | .115 | .101 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 11,295 | 24,180 |
Tier 2 Capital | 588 | 1,802 |
Total Capital | 11,883 | 25,995 |
Total Risk Weighted Assets | 52,659 | 169,410 |
Leverage Ratio | 10.79 | 10.23 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 21.45 | 16.618 |
Total Capital Ratio | 22.57 | 17.681 |
Timeline for Herrin Security Bank
First Southern Bank
Herrin Security Bank was acquired by First Southern Bank 9 years
View Profile Dec 06 2014Security Bancorp, Inc.
Security Bancorp, Inc. became a new parent organization for Herrin Security Bank.
View Profile Jan 02 1986Herrin Security Bank
Herrin Security Bank was established 66 years ago and is currently headquartered in Herrin, IL.
Aug 12 1957Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First Southern Bank | Buyer | 680,374 | Acquisition | Discontinued | 12/6/2014 |
Relationships | Role | Relationship Start | Relationship End |
Security Bancorp, Inc. | Parent | 12/31/1988 | 12/5/2014 |
Security Bancorp, Inc. | Parent | 1/2/1986 | 12/30/1988 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
New Jersey Community Bank
|
Freehold | NJ | 101.9M |
Merit Bank
|
Overland Park | KS | 102.1M |
Pioneer State Bank
|
Earlville | IL | 102.7M |
Oklahoma Heritage Bank
|
Roff | OK | 100.8M |
First Central Bank
|
Cambridge | NE | 100.7M |
Williamsville State Bank & Trust
|
Williamsville | IL | 103.4M |
The Tri-County Bank
|
Stuart | NE | 103.8M |
American Founders Bank, Inc.
|
Louisville | KY | 99.9M |
Farmers State Bank
|
Algona | IA | 104.0M |
The Citizens State Bank Of Ouray
|
Ouray | CO | 99.5M |