401k Plan data: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS plan

SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 401k Plan overview

Plan Name	SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS
Plan identification number	001

SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Stock bonus
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

SECURITY BANCSHARES INC has sponsored the creation of one or more 401k plans.

Company Name: SECURITY BANCSHARES INC

Employer identification number (EIN): 481035227

NAIC Classification: 522120
NAIC Description: Savings Institutions

Additional information about SECURITY BANCSHARES INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2081839

More information about SECURITY BANCSHARES INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 DUANE RAMSEY
001 2017-01-01 DUANE RAMSEY
001 2016-01-01 DUANE RAMSEY
001 2015-01-01 DUANE RAMSEY
001 2014-01-01 DUANE RAMSEY
001 2013-01-01 DUANE RAMSEY
001 2012-01-01 DUANE RAMSEY
001 2011-01-01 DUANE RAMSEY
001 2010-01-01 DUANE RAMSEY
001 2009-01-01 DUANE RAMSEY DUANE RAMSEY 2010-06-11

Plan Statistics for SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS

401k plan membership statisitcs for SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS

Measure Date Value
2022: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2022 401k membership
Total participants, beginning-of-year 2022-01-01 112
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 82
Number of retired or separated participants receiving benefits 2022-01-01 30
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 112
Number of participants with account balances 2022-01-01 110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2021 401k membership
Total participants, beginning-of-year 2021-01-01 107
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 79
Number of retired or separated participants receiving benefits 2021-01-01 31
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 110
Number of participants with account balances 2021-01-01 104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2020 401k membership
Total participants, beginning-of-year 2020-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 70
Number of retired or separated participants receiving benefits 2020-01-01 33
Number of other retired or separated participants entitled to future benefits 2020-01-01 0
Total of all active and inactive participants 2020-01-01 103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 103
Number of participants with account balances 2020-01-01 98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2019 401k membership
Total participants, beginning-of-year 2019-01-01 101
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 69
Number of retired or separated participants receiving benefits 2019-01-01 30
Total of all active and inactive participants 2019-01-01 99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 99
Number of participants with account balances 2019-01-01 96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2018 401k membership
Total participants, beginning-of-year 2018-01-01 95
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 73
Number of retired or separated participants receiving benefits 2018-01-01 23
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 96
Number of participants with account balances 2018-01-01 91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2017 401k membership
Total participants, beginning-of-year 2017-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 76
Number of retired or separated participants receiving benefits 2017-01-01 19
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 95
Number of participants with account balances 2017-01-01 89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2016 401k membership
Total participants, beginning-of-year 2016-01-01 100
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 70
Number of retired or separated participants receiving benefits 2016-01-01 29
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 99
Number of participants with account balances 2016-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2015 401k membership
Total participants, beginning-of-year 2015-01-01 104
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 74
Number of retired or separated participants receiving benefits 2015-01-01 24
Number of other retired or separated participants entitled to future benefits 2015-01-01 0
Total of all active and inactive participants 2015-01-01 98
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 98
Number of participants with account balances 2015-01-01 93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2014 401k membership
Total participants, beginning-of-year 2014-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 71
Number of retired or separated participants receiving benefits 2014-01-01 30
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 101
Number of participants with account balances 2014-01-01 94
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2013 401k membership
Total participants, beginning-of-year 2013-01-01 97
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 75
Number of retired or separated participants receiving benefits 2013-01-01 27
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 102
Number of participants with account balances 2013-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2012 401k membership
Total participants, beginning-of-year 2012-01-01 94
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 75
Number of retired or separated participants receiving benefits 2012-01-01 22
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 97
Number of participants with account balances 2012-01-01 91
2011: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2011 401k membership
Total participants, beginning-of-year 2011-01-01 99
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 77
Number of retired or separated participants receiving benefits 2011-01-01 17
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 94
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 94
Number of participants with account balances 2011-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2010 401k membership
Total participants, beginning-of-year 2010-01-01 96
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 81
Number of retired or separated participants receiving benefits 2010-01-01 18
Number of other retired or separated participants entitled to future benefits 2010-01-01 0
Total of all active and inactive participants 2010-01-01 99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 99
Number of participants with account balances 2010-01-01 95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2009 401k membership
Total participants, beginning-of-year 2009-01-01 98
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 82
Number of retired or separated participants receiving benefits 2009-01-01 14
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 96
Number of participants with account balances 2009-01-01 93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2022: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2022 401k membership
Total participants, beginning-of-year	2022-01-01	112
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	82
Number of retired or separated participants receiving benefits	2022-01-01	30
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	112
Number of participants with account balances	2022-01-01	110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2021 401k membership
Total participants, beginning-of-year	2021-01-01	107
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	79
Number of retired or separated participants receiving benefits	2021-01-01	31
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	110
Number of participants with account balances	2021-01-01	104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2020 401k membership
Total participants, beginning-of-year	2020-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	70
Number of retired or separated participants receiving benefits	2020-01-01	33
Number of other retired or separated participants entitled to future benefits	2020-01-01	0
Total of all active and inactive participants	2020-01-01	103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	103
Number of participants with account balances	2020-01-01	98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2019 401k membership
Total participants, beginning-of-year	2019-01-01	101
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	69
Number of retired or separated participants receiving benefits	2019-01-01	30
Total of all active and inactive participants	2019-01-01	99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	99
Number of participants with account balances	2019-01-01	96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2018 401k membership
Total participants, beginning-of-year	2018-01-01	95
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	73
Number of retired or separated participants receiving benefits	2018-01-01	23
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	96
Number of participants with account balances	2018-01-01	91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2017 401k membership
Total participants, beginning-of-year	2017-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	76
Number of retired or separated participants receiving benefits	2017-01-01	19
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	95
Number of participants with account balances	2017-01-01	89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2016 401k membership
Total participants, beginning-of-year	2016-01-01	100
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	70
Number of retired or separated participants receiving benefits	2016-01-01	29
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	99
Number of participants with account balances	2016-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2015 401k membership
Total participants, beginning-of-year	2015-01-01	104
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	74
Number of retired or separated participants receiving benefits	2015-01-01	24
Number of other retired or separated participants entitled to future benefits	2015-01-01	0
Total of all active and inactive participants	2015-01-01	98
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	98
Number of participants with account balances	2015-01-01	93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2014 401k membership
Total participants, beginning-of-year	2014-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	71
Number of retired or separated participants receiving benefits	2014-01-01	30
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	101
Number of participants with account balances	2014-01-01	94
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2013 401k membership
Total participants, beginning-of-year	2013-01-01	97
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	75
Number of retired or separated participants receiving benefits	2013-01-01	27
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	102
Number of participants with account balances	2013-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2012 401k membership
Total participants, beginning-of-year	2012-01-01	94
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	75
Number of retired or separated participants receiving benefits	2012-01-01	22
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	97
Number of participants with account balances	2012-01-01	91
2011: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2011 401k membership
Total participants, beginning-of-year	2011-01-01	99
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	77
Number of retired or separated participants receiving benefits	2011-01-01	17
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	94
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	94
Number of participants with account balances	2011-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2010 401k membership
Total participants, beginning-of-year	2010-01-01	96
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	81
Number of retired or separated participants receiving benefits	2010-01-01	18
Number of other retired or separated participants entitled to future benefits	2010-01-01	0
Total of all active and inactive participants	2010-01-01	99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	99
Number of participants with account balances	2010-01-01	95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2009 401k membership
Total participants, beginning-of-year	2009-01-01	98
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	82
Number of retired or separated participants receiving benefits	2009-01-01	14
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	96
Number of participants with account balances	2009-01-01	93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS

Measure	Date	Value
2022 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2022 401k financial data
Total income from all sources	2022-12-31	$18,682
Expenses. Total of all expenses incurred	2022-12-31	$722,999
Benefits paid (including direct rollovers)	2022-12-31	$722,999
Total plan assets at end of year	2022-12-31	$17,800,055
Total plan assets at beginning of year	2022-12-31	$18,504,372
Value of fidelity bond covering the plan	2022-12-31	$4,750,000
Total contributions received or receivable from participants	2022-12-31	$402,253
Contributions received from other sources (not participants or employers)	2022-12-31	$18,639
Other income received	2022-12-31	$-679,161
Net income (gross income less expenses)	2022-12-31	$-704,317
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$17,800,055
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$18,504,372
Assets. Value of employer securities	2022-12-31	$9,735,930
Total contributions received or receivable from employer(s)	2022-12-31	$276,951
2021 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2021 401k financial data
Total income from all sources	2021-12-31	$2,893,365
Expenses. Total of all expenses incurred	2021-12-31	$1,301,897
Benefits paid (including direct rollovers)	2021-12-31	$1,301,897
Total plan assets at end of year	2021-12-31	$18,504,372
Total plan assets at beginning of year	2021-12-31	$16,912,904
Value of fidelity bond covering the plan	2021-12-31	$4,750,000
Total contributions received or receivable from participants	2021-12-31	$358,403
Contributions received from other sources (not participants or employers)	2021-12-31	$9,228
Other income received	2021-12-31	$2,278,711
Net income (gross income less expenses)	2021-12-31	$1,591,468
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$18,504,372
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$16,912,904
Assets. Value of employer securities	2021-12-31	$9,353,916
Total contributions received or receivable from employer(s)	2021-12-31	$247,023
2020 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2020 401k financial data
Total income from all sources	2020-12-31	$2,663,232
Expenses. Total of all expenses incurred	2020-12-31	$473,670
Benefits paid (including direct rollovers)	2020-12-31	$473,670
Total plan assets at end of year	2020-12-31	$16,912,904
Total plan assets at beginning of year	2020-12-31	$14,723,342
Value of fidelity bond covering the plan	2020-12-31	$4,750,000
Total contributions received or receivable from participants	2020-12-31	$324,886
Contributions received from other sources (not participants or employers)	2020-12-31	$2,322
Other income received	2020-12-31	$2,119,332
Net income (gross income less expenses)	2020-12-31	$2,189,562
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$16,912,904
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$14,723,342
Assets. Value of employer securities	2020-12-31	$8,716,659
Total contributions received or receivable from employer(s)	2020-12-31	$216,692
2019 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2019 401k financial data
Total income from all sources	2019-12-31	$2,946,014
Expenses. Total of all expenses incurred	2019-12-31	$771,074
Benefits paid (including direct rollovers)	2019-12-31	$770,949
Total plan assets at end of year	2019-12-31	$14,723,342
Total plan assets at beginning of year	2019-12-31	$12,548,402
Value of fidelity bond covering the plan	2019-12-31	$4,750,000
Total contributions received or receivable from participants	2019-12-31	$309,145
Other income received	2019-12-31	$2,424,585
Net income (gross income less expenses)	2019-12-31	$2,174,940
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$14,723,342
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$12,548,402
Assets. Value of employer securities	2019-12-31	$7,590,240
Total contributions received or receivable from employer(s)	2019-12-31	$212,284
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$125
2018 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2018 401k financial data
Total income from all sources	2018-12-31	$1,041,133
Expenses. Total of all expenses incurred	2018-12-31	$676,412
Benefits paid (including direct rollovers)	2018-12-31	$676,412
Total plan assets at end of year	2018-12-31	$12,548,402
Total plan assets at beginning of year	2018-12-31	$12,183,681
Value of fidelity bond covering the plan	2018-12-31	$4,750,000
Total contributions received or receivable from participants	2018-12-31	$319,066
Contributions received from other sources (not participants or employers)	2018-12-31	$7,785
Other income received	2018-12-31	$509,370
Net income (gross income less expenses)	2018-12-31	$364,721
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$12,548,402
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$12,183,681
Assets. Value of employer securities	2018-12-31	$6,605,480
Total contributions received or receivable from employer(s)	2018-12-31	$204,912
2017 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2017 401k financial data
Total income from all sources	2017-12-31	$2,314,573
Expenses. Total of all expenses incurred	2017-12-31	$1,034,274
Benefits paid (including direct rollovers)	2017-12-31	$1,033,344
Total plan assets at end of year	2017-12-31	$12,183,681
Total plan assets at beginning of year	2017-12-31	$10,903,382
Value of fidelity bond covering the plan	2017-12-31	$4,750,000
Total contributions received or receivable from participants	2017-12-31	$325,358
Other income received	2017-12-31	$1,792,961
Net income (gross income less expenses)	2017-12-31	$1,280,299
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$12,183,681
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$10,903,382
Assets. Value of employer securities	2017-12-31	$6,111,228
Total contributions received or receivable from employer(s)	2017-12-31	$196,254
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$930
2016 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2016 401k financial data
Total income from all sources	2016-12-31	$1,331,070
Expenses. Total of all expenses incurred	2016-12-31	$652,272
Benefits paid (including direct rollovers)	2016-12-31	$651,347
Total plan assets at end of year	2016-12-31	$10,903,382
Total plan assets at beginning of year	2016-12-31	$10,224,584
Value of fidelity bond covering the plan	2016-12-31	$4,750,000
Total contributions received or receivable from participants	2016-12-31	$278,181
Contributions received from other sources (not participants or employers)	2016-12-31	$293
Other income received	2016-12-31	$876,231
Net income (gross income less expenses)	2016-12-31	$678,798
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$10,903,382
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$10,224,584
Assets. Value of employer securities	2016-12-31	$5,580,540
Total contributions received or receivable from employer(s)	2016-12-31	$176,365
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$925
2015 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2015 401k financial data
Total income from all sources	2015-12-31	$1,185,196
Expenses. Total of all expenses incurred	2015-12-31	$420,205
Benefits paid (including direct rollovers)	2015-12-31	$420,205
Total plan assets at end of year	2015-12-31	$10,224,584
Total plan assets at beginning of year	2015-12-31	$9,459,593
Value of fidelity bond covering the plan	2015-12-31	$4,750,000
Total contributions received or receivable from participants	2015-12-31	$276,511
Contributions received from other sources (not participants or employers)	2015-12-31	$64,399
Other income received	2015-12-31	$672,113
Net income (gross income less expenses)	2015-12-31	$764,991
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$10,224,584
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$9,459,593
Assets. Value of employer securities	2015-12-31	$5,243,781
Total contributions received or receivable from employer(s)	2015-12-31	$172,173
2014 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2014 401k financial data
Total income from all sources	2014-12-31	$1,409,014
Expenses. Total of all expenses incurred	2014-12-31	$852,141
Benefits paid (including direct rollovers)	2014-12-31	$852,141
Total plan assets at end of year	2014-12-31	$9,459,593
Total plan assets at beginning of year	2014-12-31	$8,902,720
Value of fidelity bond covering the plan	2014-12-31	$4,750,000
Total contributions received or receivable from participants	2014-12-31	$287,910
Contributions received from other sources (not participants or employers)	2014-12-31	$533
Other income received	2014-12-31	$949,026
Net income (gross income less expenses)	2014-12-31	$556,873
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$9,459,593
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$8,902,720
Assets. Value of employer securities	2014-12-31	$4,754,575
Total contributions received or receivable from employer(s)	2014-12-31	$171,545
2013 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2013 401k financial data
Total income from all sources	2013-12-31	$1,501,565
Expenses. Total of all expenses incurred	2013-12-31	$414,966
Benefits paid (including direct rollovers)	2013-12-31	$413,560
Total plan assets at end of year	2013-12-31	$8,902,720
Total plan assets at beginning of year	2013-12-31	$7,816,121
Value of fidelity bond covering the plan	2013-12-31	$4,750,000
Total contributions received or receivable from participants	2013-12-31	$268,134
Other income received	2013-12-31	$1,075,692
Net income (gross income less expenses)	2013-12-31	$1,086,599
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$8,902,720
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$7,816,121
Assets. Value of employer securities	2013-12-31	$4,163,496
Total contributions received or receivable from employer(s)	2013-12-31	$157,739
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$1,406
2012 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2012 401k financial data
Total income from all sources	2012-12-31	$1,269,307
Expenses. Total of all expenses incurred	2012-12-31	$171,354
Benefits paid (including direct rollovers)	2012-12-31	$168,456
Total plan assets at end of year	2012-12-31	$7,816,121
Total plan assets at beginning of year	2012-12-31	$6,718,168
Value of fidelity bond covering the plan	2012-12-31	$4,750,000
Total contributions received or receivable from participants	2012-12-31	$288,596
Other income received	2012-12-31	$820,883
Net income (gross income less expenses)	2012-12-31	$1,097,953
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$7,816,121
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$6,718,168
Assets. Value of employer securities	2012-12-31	$3,691,591
Total contributions received or receivable from employer(s)	2012-12-31	$159,828
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$2,898
2011 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2011 401k financial data
Total income from all sources	2011-12-31	$760,526
Expenses. Total of all expenses incurred	2011-12-31	$196,808
Benefits paid (including direct rollovers)	2011-12-31	$190,300
Total plan assets at end of year	2011-12-31	$6,718,168
Total plan assets at beginning of year	2011-12-31	$6,154,450
Value of fidelity bond covering the plan	2011-12-31	$4,750,000
Total contributions received or receivable from participants	2011-12-31	$294,674
Other income received	2011-12-31	$301,447
Net income (gross income less expenses)	2011-12-31	$563,718
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$6,718,168
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$6,154,450
Assets. Value of employer securities	2011-12-31	$3,379,770
Total contributions received or receivable from employer(s)	2011-12-31	$164,405
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$6,508
2010 : SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2010 401k financial data
Total income from all sources	2010-12-31	$1,093,014
Expenses. Total of all expenses incurred	2010-12-31	$174,404
Benefits paid (including direct rollovers)	2010-12-31	$166,990
Total plan assets at end of year	2010-12-31	$6,154,450
Total plan assets at beginning of year	2010-12-31	$5,235,840
Value of fidelity bond covering the plan	2010-12-31	$4,750,000
Total contributions received or receivable from participants	2010-12-31	$290,097
Other income received	2010-12-31	$637,630
Net income (gross income less expenses)	2010-12-31	$918,610
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$6,154,450
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$5,235,840
Assets. Value of employer securities	2010-12-31	$2,953,968
Total contributions received or receivable from employer(s)	2010-12-31	$165,287
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$7,414

Form 5500 Responses for SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS

2022: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	This submission is the final filing	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SECURITY BANCSHARES INC
Employer identification number (EIN):	481035227
NAIC Classification:	522120
NAIC Description:	Savings Institutions

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2081839