Security Bank & Trust Company
Midwest City, OK · Owner: Midwest Bancshares Inc
$35.9M
total assets, March 31, 1985
$35.9M
total assets, March 31, 1985
Security Bank & Trust Company was a state nonmember bank in Midwest City, OK, owned by Midwest Bancshares Inc. It failed on Aug 8, 1985, and Security Bank Of MW Cty took over its deposits. At its last report it held $35.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- Aug 8, 1985
- Assets
- $35.0M
- Deposits
- $33.4M
- Estimated cost
- $6.9M
- Deposits went to
- Security Bank Of MW Cty, Midwest City, OK
Total assets
$35.9M
-17.6% in a year · -7.8% in a quarter
Deposits
$33.9M
-12.7% in a year · -3.6% in a quarter
Loans
$19.6M
-6.4% in a year · -1.7% in a quarter
Profit so far
-$1.6M
Jan 1 to Mar 31, 1985 · -460.4% in a year
Capital ratio
1.73%
-6.55 pts in a year
Return on assets
-17.15%
-21.24 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 301 North Air Depot Road, Midwest City, OK, 73110
- County
- Oklahoma
- Holding company
- Midwest Bancshares Inc
- Established
- Oct 3, 1963
- Failed
- Aug 8, 1985
- Employees
- 41
- Id
- b18907
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Security Bank & Trust Company?
$35.9 million in total assets and $33.9 million in deposits as of March 31, 1985, with assets down 17.6% from a year before. Its loans were $19.6 million.
Is Security Bank & Trust Company profitable?
No: it lost $1.60 million from January 1 to March 31, 1985. Its return on assets was -17.15% a year; about 1% is typical.
Who owns Security Bank & Trust Company?
Security Bank & Trust Company is owned by Midwest Bancshares Inc, its holding company.
When did Security Bank & Trust Company fail?
Aug 8, 1985. Security Bank Of MW Cty of Midwest City, OK took over its deposits. The estimated cost of the failure was $6.91 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.