# THE SECURITY STATE BANK

> **Failed bank** · COMANCHE, OK · failed 1988-09-22 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

THE SECURITY STATE BANK of COMANCHE, OK was closed by regulators on **1988-09-22**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **AMERICAN NATIONAL BANK** (ARDMORE, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1931
- **FDIC Certificate:** 9878
- **FDIC FIN:** 2921
- **Bank name:** THE SECURITY STATE BANK
- **Location:** COMANCHE, OK
- **Failure date:** 1988-09-22
- **FDIC resolution date:** 1988-09-22
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $9M
- **Assets at failure:** $9M
- **Acquiring bank:** AMERICAN NATIONAL BANK (ARDMORE, OK)

## Other banks AMERICAN NATIONAL BANK has acquired in FDIC resolutions

- BANK OF WILSON (WILSON, OK) — failed 1990-07-26 — /failed-bank/2853
- AMERICAN NATIONAL BANK (PARMA, OH) — failed 1988-02-12 — /failed-bank/1626
- THE FIRST NATIONAL BANK OF HAMMON (HAMMON, OK) — failed 1987-09-03 — /failed-bank/1507
- THE BEDFORD NATIONAL BANK (BEDFORD, IA) — failed 1986-05-01 — /failed-bank/1189

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20SECURITY%20STATE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE SECURITY STATE BANK (FDIC ID 1931), failed 1988-09-22. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/1931.

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