The Security State Bank
Comanche, OK · Owner: United Community Corp
$9.0M
total assets, June 30, 1988
$9.0M
total assets, June 30, 1988
The Security State Bank was a state nonmember bank in Comanche, OK, owned by United Community Corp. It failed on Sep 22, 1988, and American National Bank took over its deposits. At its last report it held $9.04 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Sep 22, 1988
- Assets
- $9.0M
- Deposits
- $8.9M
- Estimated cost
- $1.6M
- Deposits went to
- American National Bank, Ardmore, OK
Total assets
$9.0M
-19.8% in a year · +5.6% in a quarter
Deposits
$8.9M
-16.1% in a year · +6.0% in a quarter
Loans
$3.4M
-15.7% in a year · -8.4% in a quarter
Profit so far
-$402K
Jan 1 to Jun 30, 1988 · -6800.0% in a year
Capital ratio
1.20%
-4.74 pts in a year
Return on assets
-8.97%
-9.07 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 201 Oak Main Street, Comanche, OK, 73529
- County
- Stephens
- Holding company
- United Community Corp
- Established
- Jan 1, 1924
- Failed
- Sep 22, 1988
- Employees
- 8
- Id
- b9878
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 State Bank?
$9.04 million in total assets and $8.86 million in deposits as of June 30, 1988, with assets down 19.8% from a year before. Its loans were $3.44 million.
Is The Security State Bank profitable?
No: it lost $402,000 from January 1 to June 30, 1988. Its return on assets was -8.97% a year; about 1% is typical.
Who owns The Security State Bank?
The Security State Bank is owned by United Community Corp, its holding company.
When did The Security State Bank fail?
Sep 22, 1988. American National Bank of Ardmore, OK took over its deposits. The estimated cost of the failure was $1.64 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.