Security Savings Association
Texarkana, TX
$430M
total assets, March 31, 1987
$430M
total assets, March 31, 1987
Security Savings Association was a savings and loan in Texarkana, TX. It failed on Jun 11, 1987, and its insured deposits were paid out. At its last report it held $429.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1987
This bank failed
- Failed on
- Jun 11, 1987
- Assets
- $430M
- Deposits
- $479M
- Estimated cost
- Not known
- Deposits went to
- assisted merger
Total assets
$430M
-7.7% in a year · -0.2% in a quarter
Deposits
$479M
+8.4% in a year · +1.9% in a quarter
Loans
$257M
-25.9% in a year · -5.3% in a quarter
Profit so far
-$11.7M
Jan 1 to Mar 31, 1987
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-10.88%
-9.41 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 2826 New Boston Road, Texarkana, TX, 75501
- County
- Bowie
- Established
- Jan 1, 1958
- Failed
- Jun 11, 1987
- Id
- b31055
Quarter by quarter
March 31, 1984 to March 31, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Security Savings Association?
$429.8 million in total assets and $478.7 million in deposits as of March 31, 1987, with assets down 7.7% from a year before. Its loans were $256.6 million.
Is Security Savings Association profitable?
No: it lost $11.7 million from January 1 to March 31, 1987. Its return on assets was -10.88% a year; about 1% is typical.
When did Security Savings Association fail?
Jun 11, 1987.
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.