Security State Bank

Status:Inactive as of 07/31/1998
 Merger - Without Assistance
Successor Bank:American State Bank
Headquarters:Security State Bank
402 Cypress Street
Abilene, TX 79601
Established:02/28/1977
FDIC Insurance:02/28/1977
FDIC Cert:#22424
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$283,863,000
Total Deposits:$244,991,000

History

1977-02-28Institution established: Original name:Security State Bank
1985-09-16Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1992-10-30Acquired The Farmers and Merchants National Bank of Merkel (3338) in MERKEL, TX
1995-03-31Acquired Citizens State Bank (26589) in GORMAN, TX
1995-10-27Acquired Security State Bank (17630) in BIG SPRING, TX
1998-07-31Merged into and subsequently operated as part of American State Bank (16701) in LUBBOCK, TX
2005-10-28Acquired First National Bank in Cisco (3137) in CISCO, TX
2012-07-01Merged into and subsequently operated as part of Prosperity Bank (16835) in EL CAMPO, TX
2012-10-01Acquired Community National Bank (57345) in BELLAIRE, TX
2013-01-01Acquired First Federal Bank Texas (30048) in TYLER, TX
2013-04-01Acquired Coppermark Bank (18957) in OKLAHOMA CITY, OK
2013-11-01Acquired First Victoria National Bank (5570) in VICTORIA, TX
2014-04-01Acquired The F&M Bank & Trust Company (16390) in TULSA, OK
2016-01-01Acquired Tradition Bank - Bellaire (23032) in HOUSTON, TX
2019-11-01Acquired LegacyTexas Bank (58006) in PLANO, TX

Financial Information (1997-12-31 and Older)