Security Bank of Kansas City

701 Minnesota Avenue
Kansas City, KS 66101

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 4705
Date Established 1933
Assets $3.08 billion
Loans $1.60 billion
Deposits $2.46 billion
Capital $0.46 billion

Security Bank of Kansas City is an FDIC insured institution located in Kansas City, KS. It was founded in 1933 and has approximately $3.08 billion in assets. Customers can open an account at one of its 44 branches.

For a more detailed analysis of Security Bank of Kansas City's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Security Bank of Kansas City’s loan portfolio are Commercial Real Estate, Construction and Development Loans, and Commercial and Industrial Loans.

Compared to other banks in Kansas, Security Bank of Kansas City has a significantly higher percent of Multifamily Mortgages, Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 5.39
Multifamily
Mortgages
7.67
Credit Card Loans 0.00
Consumer Auto Loans 0.15
Small Business Loans 4.57
Construction and Development Loans 25.81
Commercial Real Estate 46.82
Commercial and Industrial Loans 10.84
Farm Loans 0.11

Deposit Rates - March 22, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.35% $1,000 $9,999 Learn MoreShow Less
Money Market
0.50% $10,000 $24,999 Learn MoreShow Less
Money Market
0.65% $25,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.15% $1,000 - Learn MoreShow Less
6 Mo CD
0.20% $500 - Learn MoreShow Less
12 Mo CD
0.45% $500 - Learn MoreShow Less
18 Mo CD
0.60% $500 - Learn MoreShow Less
24 Mo CD
0.65% $500 - Learn MoreShow Less
36 Mo CD
0.80% $500 - Learn MoreShow Less
48 Mo CD
1.00% $500 - Learn MoreShow Less
60 Mo CD
1.15% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.45% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.60% $100 - Learn MoreShow Less
Checking Rates APY MIN FEE
Platinum Leaf Account 1.25% $0 $7.00 Learn MoreShow Less

Loan Rates - March 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Security Bank of Kansas City

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
4.560% 4.560% 0.00 $0 $1,276 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to Security Bank of Kansas City
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Branches

Security Bank of Kansas City branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Security Bank of Kansas City Locations


Financial Details

Security Bank of Kansas City Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Security Bank of Kansas City. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Security Bank of Kansas City U.S. Bank Average
3.85% 7.34%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2018, Security Bank of Kansas City had $5,488,000 in non-current loans and $13,456,000 in owned real estate. To cover these potential losses it had $462,934,000 in equity and $28,942,000 in loans loss reserves. That gives it a Texas Ratio of 3.85%.

Return on Equity
Security Bank of Kansas City U.S. Bank Average
9.39% 9.95%

Security Bank of Kansas City has a Return on Equity of 9.39% versus the BestCashCow average of 9.95%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Security Bank of Kansas City U.S. Bank Average
15.05% 12.19%

Security Bank of Kansas City has a Capitalization of 15.05% versus the BestCashCow average of 12.19. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Security Bank of Kansas City Balance Sheet Analysis

As of September 30, 2018, Security Bank of Kansas City had assets of $3,076,416,000, loans of $1,604,131,000, and deposits of $2,461,841,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

September 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.21 billion
Interest-bearing balances $0.17 billion
Total securities $1.09 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $1.60 billion
Loan loss allowance $0.03 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.07 billion
All other assets $0.04 billion
     Total Assets $2.61 billion
LIABILITIES
Total deposits $2.46 billion
      Interest-bearing deposits $1.73 billion
      Deposits held in domestic offices $2.46 billion
      % insured (estimated) 81.55%
Federal funds purchased and repurchase agreements $0.14 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $2.61 billion
      Shareholders’ Equity $0.46 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.08 billion
Total Interest Expense $0.01 billion
Net interest income $0.08 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.04 billion
Pre-tax Net Operating Income $0.04 billion

Frequently Asked Questions About Security Bank Of Kansas City

Branches and Savings

Is Security Bank Of Kansas City FDIC insured?

Yes. It is covered under FDIC Certificate #4705.

Why does Security Bank Of Kansas City pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Security Bank Of Kansas City CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Security Bank Of Kansas City a commercial bank?

Yes

Where are Security Bank Of Kansas City locations?

See branch locations nearby.

Is Security Bank Of Kansas City open on Saturdays?

Is Security Bank Of Kansas City open on Sundays?

What time does Security Bank Of Kansas City open?

What time does Security Bank Of Kansas City close?

Are Security Bank Of Kansas City ATMs Open 24/7?

Do Security Bank Of Kansas City ATMs accept cash deposits?

Can Security Bank Of Kansas City customers use other ATMs?

Do Security Bank Of Kansas City branches have notaries?

Will Security Bank Of Kansas City notarize my document?

What address for Security Bank Of Kansas City should I put for incoming ACH transfers?

Will the Security Bank Of Kansas City branch print checks?

Do Security Bank Of Kansas City checks expire?

Does Security Bank Of Kansas City require US citizenship to open account?

Can Security Bank Of Kansas City close my account?

Does Security Bank Of Kansas City Report to credit bureaus?

Does Security Bank Of Kansas City Use Equifax?

What is Security Bank Of Kansas City's ACH Routing Number?

What is Security Bank Of Kansas City's SWIFT code?

Products

Does Security Bank Of Kansas City offer mortgages?

Compare mortgage rates here.

Does Security Bank Of Kansas City offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Security Bank Of Kansas City offer personal loans?

Compare personal loan rates here.

Does Security Bank Of Kansas City offer student loans?

Will Security Bank Of Kansas City cash a check?

Will Security Bank Of Kansas City redeem a savings bond?

Does Security Bank Of Kansas City cash savings bonds?

Will Security Bank Of Kansas City cash money orders?

Can Security Bank Of Kansas City issue a money order?

Does Security Bank Of Kansas City do currency exchange?

Background on The Bank

Who owns Security Bank Of Kansas City?

How long has Security Bank Of Kansas City been around?

Can Security Bank Of Kansas City transfer to other banks?

Does Security Bank Of Kansas City have quick pay?

Does Security Bank Of Kansas City accept rolled coins?

Will Security Bank Of Kansas City accept loose change?

Where is Security Bank Of Kansas City headquarters?

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