Security Bank, Financial Information

AboutSecurity Bank

 Address:
110 East 7th Street
Odessa,TX
Midland County,Texas
 Established:
Feb 1928
 Number of domestic offices:
13
Total assets$762M
Net income$13M
Net income,quarterly$3M
Total deposits$668M
Domestic deposits$668M
Equity capital$85M
ROA1.9%
ROAQ,quarterly1.81%
ROA,pretax1.81%
ROAQ,quarterly,pretax1.81%
ROE16.75%
ROEQ,quarterly16.23%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Security Bank was founded in 1928 in the city of McCamey, Texas, at the onset of the Great Depression. Over the years, Security Bank has expanded into other communities and markets, growing to a total of 12 locations in 9 communities through the direction and insight of its Board of Directors. As the branches have grown, so has the institution. The bank currently employs over 130 team members and has been recognized as a Top Place to Work For in Texas 4 years in a row and a top 10 Best Bank to Work For in 2013.

Security Bank continues to exceed the market standard in its strength and stability and remains a leading small business bank. Ranked #13 among the Nations Top 100 Best Performing Community Banks of 2012 by SNL Financial of banks with assets between $500MM and $5B, Security Bank specializes in small business financing and is committed to meeting the needs of small businesses. The bank also provides a comprehensive array of products and services in personal banking to meet the ever changing needs of the communities served.

Midland - Corporate
600 N Marienfeld
Midland, TX 79701

Midland - West
5312 W. Wadley
Midland, TX 79707

Odessa - Billy Hext
4100 Billy Hext Rd.
Odessa, TX 79765

Odessa - East
4040 E. 42nd Street
Odessa, TX 79762

Odessa - West
2752 N. County Road West
Odessa, TX 79764

Big Lake
405 W. 2nd Street
Big Lake, TX 76932

McCamey
1001 Burleson
McCamey, TX 79752

Crane
211 Gaston Crane, TX 79731

Monahans
307 S Main, Monahans, TX 79756

Spring Branch
18966 Forty Six Parkway
Spring Branch, TX 78070

Devine
100 E. Hondo, Devine, TX 78016

San Antonio 1604
2526 North Loop 1604 West
San Antonio, TX 78248