Security State Bank
Oxford, NE · Owner: Oxford Agency Inc
$12.2M
total assets, June 30, 1987
$12.2M
total assets, June 30, 1987
Security State Bank was a state nonmember bank in Oxford, NE, owned by Oxford Agency Inc. It failed on Oct 1, 1987, and Union BANK&TRUST Co took over its deposits. At its last report it held $12.2 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Oct 1, 1987
- Assets
- $12.2M
- Deposits
- $11.7M
- Estimated cost
- $1.8M
- Deposits went to
- Union BANK&TRUST Co, Lincoln, NE
Total assets
$12.2M
-5.2% in a year · -3.4% in a quarter
Deposits
$11.7M
-3.5% in a year · -3.7% in a quarter
Loans
$8.0M
-2.5% in a year · +0.4% in a quarter
Profit so far
-$81K
Jan 1 to Jun 30, 1987 · -237.3% in a year
Capital ratio
3.69%
-1.60 pts in a year
Return on assets
-1.30%
-2.25 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Oxford, NE, 68967
- County
- Furnas
- Holding company
- Oxford Agency Inc
- Established
- Jan 1, 1892
- Failed
- Oct 1, 1987
- Employees
- 6
- Id
- b8605
Quarter by quarter
March 31, 1984 to June 30, 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 State Bank?
$12.2 million in total assets and $11.7 million in deposits as of June 30, 1987, with assets down 5.2% from a year before. Its loans were $8.03 million.
Is Security State Bank profitable?
No: it lost $81,000 from January 1 to June 30, 1987. Its return on assets was -1.30% a year; about 1% is typical.
Who owns Security State Bank?
Security State Bank is owned by Oxford Agency Inc, its holding company.
When did Security State Bank fail?
Oct 1, 1987. Union BANK&TRUST Co of Lincoln, NE took over its deposits. The estimated cost of the failure was $1.77 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.