Vitals
  • Total Assets
    44.0M -6.6 %
  • Total Deposits
    36.3M -5.6 %
  • Total Net Loans
    18.9M -11.8 %
  • Net Income
    -387000.0000 -186.8 %
  • Book Value
    7.6M -11.9 %
  • Book Value x2
    15.1M -11.9 %
  • Book Value x3
    22.7M -11.9 %
ROAA

-.855

ROAE

-4.817

Efficiency Ratio

93.955

Net Interest Margin

4.208

Balance Sheet Highlights
Financial Highlights Security State Bank, National Association All Insured Commercial Banks in Texas
Balance Sheet $(000)
Total Assets 44,030 287,038
Total Net Loans 18,883 153,782
Total Deposits 36,346 249,529
Total Equity 7,558 29,096
Profitability
Net Income -387 2,895
Return on Average Assets -.855 .96
Return on Average Equity -4.817 9.326
Net Interest Margin 4.208 3.725
Efficiency Ratio 93.955 70.01
Noninterest Income/Revenue 15.871 17.002
Balance Sheet Ratios
Loan-to-Deposit 51.953 58.668
Securities/Assets .256 .244
Total Equity/Total Assets .172 .101
Tangible Equity/Tangible Assets .105 .098
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 4,800 28,263
Tier 2 Capital 277 1,894
Total Capital 5,077 30,164
Total Risk Weighted Assets 24,892 172,317
Leverage Ratio 11.79 10.12
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 19.28 18.279
Total Capital Ratio 20.4 19.356

Timeline for Security State Bank, National Association

The First National Bank Of Gilmer

Security State Bank, National Association was acquired by The First National Bank Of Gilmer 11 years

View Profile Jan 01 2014

First Gilmer Bankshares, Inc.

First Gilmer Bankshares, Inc. became a new parent organization for Security State Bank, National Association.

View Profile Jun 24 2009

First Gilmer (Delaware) Holdings, Ltd.

First Gilmer (Delaware) Holdings, Ltd. became a new parent organization for Security State Bank, National Association.

View Profile Jan 05 1999

Security State Bank, National Association

Security State Bank, National Association was established 113 years ago and is currently headquartered in Ore City, TX.

Jan 01 1912
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
The First National Bank Of Gilmer Buyer 310,037 Pooling of Interests Discontinued 1/1/2014
Relationships Role Relationship Start Relationship End
First Gilmer Bankshares, Inc. Parent 6/24/2009 12/31/2013
First Gilmer (Delaware) Holdings, Ltd. Parent 1/5/1999 6/23/2009
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