Security Bank

Status:Inactive as of 02/29/2020
 Absorption - Without Assistance
Successor Bank:American Momentum Bank
Headquarters:Security Bank
600 N Marienfeld Street, Suite 200
Midland, TX 79701
Established:02/10/1928
FDIC Insurance:01/01/1934
FDIC Cert:#13408
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$934,819,000
Total Deposits:$796,849,000

History

1928-02-10Institution established: Original name:Security State Bank
1991-10-03Acquired Reagan State Bank (20027) in BIG LAKE, TX
2001-07-20Moved bank headquarters from MCCAMEY, TX to ODESSA, TX
2008-12-18Changed name to Security Bank
2009-02-21Acquired First National Bank of Monahans (16770) in MONAHANS, TX
2011-10-28Acquired The Bank of Texas (26905) in DEVINE, TX
2013-08-10Moved bank headquarters from ODESSA, TX to MIDLAND, TX
2020-02-29Merged into and subsequently operated as part of American Momentum Bank (58309) in COLLEGE STATION, TX

Financial Information (2019-12-31 and Older)