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Overview
In an era where technology seems to have invaded every aspect of living, it may come as quite a shock to be able to pick up the telephone, dial your banking institution’s number and be greeted by the cheerful voice of a real live individual, as opposed to an automated phone system requiring you to “press one...”. At Security State Bank, Pearsall, Texas that is exactly the type of friendly, old-fashioned customer service you can expect to receive on a daily basis.
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Mike
Wilson,
President
& CEO
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History
Since our charter date in 1925, Security State Bank has grown from an institution with $140 thousand in total assets to one with
$360 million in assets in the year 2006 without compromising the basic fundamental principles that our customers have come to expect of a financial institution. Through the 80’s and early 90’s when many banks were becoming insolvent over the nation, our bank never failed to pay dividends to our stockholders or to maintain a strong capital position. Over the past
30 years, Security State Bank has averaged over 2% return on assets. This has been a recognized record for commercial banks.
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Leaders: Past & Present
Over the last 80 years, Security State Bank has continued to grow and prosper under the leadership and direction of
six remarkable presidents. The bank’s charter president was Mr. Walter Trickey, followed in 1934 by John E. Field and Frank Carter in 1949. John E. Field returned for a year in 1958. He was succeeded by A. B. Voss. In 1973, A. R. Galloway, the bank’s
previous president and CEO, was named the bank’s sixth president. These men believed in and firmly upheld the principles that set us apart from other financial institutions. These
principles: superior customer service, active community involvement, fair and honest business ethics and loyalty, remain an eminent cornerstone in our everyday business practices.
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Another pair of gentlemen that deserve to be credited with the integrity and success of this bank are our former and current chairmen of the board. R. L. Kirkwood purchased majority stock in 1959 and became chairman in 1961. In 1965, Dolph Briscoe, Jr. purchased the Kirkwood stock and became majority stockholder and inherited his current title of chairman of the board. Their leadership has been vital to the prosperity of this institution.
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