The Graveyard › Banks › 1984
Security State Bank
Weatherford, OK · failed September 21, 1984 · FDIC certificate 2304
Security State Bank of Weatherford, OK failed on September 21, 1984. It opened in 1934, 50 years before. At its last report before that it held $50.1 million in assets and $48.5 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $20.4 million on it.
1984-031984-06
Assets at the end$50.1 millionlast report before September 21, 1984
Deposits at the end$48.5 million
Estimated loss to the fund$20.4 millionFDIC
Equity to assets-0.6%June 30, 1984
Loans not being repaid12.6%noncurrent, June 30, 1984
Return on assets-19.16%a year's rate, June 30, 1984
Staff37full time, June 30, 1984
Also ended in 1984
- Continental Illinois National Bank & Trust · Chicago · $40.0 billion in assets · assisted
- Continental Fs&La · Cleveland · $1.0 billion in assets · assisted
- San Marino S&LA · San Marino, CA · $856.8 million in assets
- Suburbia Fs&La · Garden City · $660.2 million in assets · assisted
- Century Fs&La · Cedarhurst · $651.7 million in assets · assisted
- Orange Savings Bank · Livingston · $513.4 million in assets · assisted
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.