The Security Bank
Warner, OK · Owner: Commercial Landmark Corp
$9.4M
total assets, June 30, 1988
$9.4M
total assets, June 30, 1988
The Security Bank was a state nonmember bank in Warner, OK, owned by Commercial Landmark Corp. It failed on Jul 14, 1988, and Vian State Bank took over its deposits. At its last report it held $9.37 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Jul 14, 1988
- Assets
- $9.4M
- Deposits
- $9.4M
- Estimated cost
- $601K
- Deposits went to
- Vian State Bank, Vian, OK
Total assets
$9.4M
-20.2% in a year · -2.8% in a quarter
Deposits
$9.4M
-14.2% in a year · -6.8% in a quarter
Loans
$4.0M
-45.9% in a year · -17.5% in a quarter
Profit so far
-$273K
Jan 1 to Jun 30, 1988
Capital ratio
-0.86%
-3.36 pts in a year
Return on assets
-5.55%
-0.51 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 810 North Campbell Street, Warner, OK, 74469
- County
- Muskogee
- Holding company
- Commercial Landmark Corp
- Established
- Jun 2, 1969
- Failed
- Jul 14, 1988
- Employees
- 9
- Id
- b19965
Quarter by quarter
March 31, 1984 to June 30, 1988
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 The Security Bank?
$9.37 million in total assets and $9.40 million in deposits as of June 30, 1988, with assets down 20.2% from a year before. Its loans were $3.98 million.
Is The Security Bank profitable?
No: it lost $273,000 from January 1 to June 30, 1988. Its return on assets was -5.55% a year; about 1% is typical.
Who owns The Security Bank?
The Security Bank is owned by Commercial Landmark Corp, its holding company.
When did The Security Bank fail?
Jul 14, 1988. Vian State Bank of Vian, OK took over its deposits. The estimated cost of the failure was $601,180.
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.