Vitals
  • Total Assets
    126.1M -4.3 %
  • Total Deposits
    98.4M -9.7 %
  • Total Net Loans
    90.8M 1.8 %
  • Net Income
    -885000.0000 -152.0 %
  • Book Value
    12.0M -10.2 %
  • Book Value x2
    24.0M -10.2 %
  • Book Value x3
    35.9M -10.2 %
ROAA

-.713

ROAE

-6.731

Efficiency Ratio

84.622

Net Interest Margin

4.587

Balance Sheet Highlights
Financial Highlights Security State Bank All Insured Commercial Banks in Texas
Balance Sheet $(000)
Total Assets 126,117 336,146
Total Net Loans 90,842 191,562
Total Deposits 98,361 288,342
Total Equity 11,982 36,343
Profitability
Net Income -885 3,624
Return on Average Assets -.713 1.021
Return on Average Equity -6.731 9.615
Net Interest Margin 4.587 3.74
Efficiency Ratio 84.622 67.473
Noninterest Income/Revenue 15.147 16.345
Balance Sheet Ratios
Loan-to-Deposit 92.356 63.142
Securities/Assets .142 .234
Total Equity/Total Assets .095 .108
Tangible Equity/Tangible Assets .095 .104
Capital Adequacy
Tier 1 Common Capital 11,166 33,902
Tier 1 Capital 11,166 33,942
Tier 2 Capital 1,037 2,284
Total Capital 12,203 36,244
Total Risk Weighted Assets 90,195 215,261
Leverage Ratio 8.78 10.3
Common Equity Tier 1 Capital Ratio 12.38 17.95
Tier 1 Capital Ratio 12.38 17.979
Total Capital Ratio 13.53 19.036

Timeline for Security State Bank

Wellington State Bank

Security State Bank was acquired by Wellington State Bank 8 years

View Profile Feb 20 2016

Wsb Bancshares, Inc.

Wsb Bancshares, Inc. became a new parent organization for Security State Bank.

View Profile Jan 01 2016

Xit Bancshares, Inc.

Xit Bancshares, Inc. became a new parent organization for Security State Bank.

View Profile Jan 01 2008

Xit Delaware, Inc.

Xit Delaware, Inc. became a new parent organization for Security State Bank.

View Profile Jul 01 1996

Independent Bankshares, Inc.

Independent Bankshares, Inc. became a new parent organization for Security State Bank.

View Profile Jan 31 1984

Want to see more?

Complete timeline for Security State Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Wellington State Bank Buyer 333,407 Pooling of Interests Discontinued 2/20/2016
Relationships Role Relationship Start Relationship End
Wsb Bancshares, Inc. Parent 1/1/2016 2/19/2016
Xit Bancshares, Inc. Parent 1/1/2008 12/31/2015
Xit Delaware, Inc. Parent 7/1/1996 12/31/2007
Independent Bankshares, Inc. Parent 9/19/1989 3/30/1990
Independent Bankshares, Inc. Parent 1/31/1984 9/18/1989
State Bancshares Parent 12/31/1982 1/30/1984
State Bancshares Parent 12/31/1980 12/30/1982
State Bancshares Parent 12/31/1979 12/30/1980
State Bancshares Parent 11/22/1978 12/30/1979
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