First Bank of Owasso

Owasso, OK
IDRSSD: 637554
Total Assets
$592.64M
Latest filing
Total Deposits
$497.95M
Latest filing
Net Interest Margin
5.25%
Profitability

Locations

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Main Office
First Bank of Owasso
8601 N Garnett Rd
Owasso, OK 74055
Full Service - Brick and Mortar
Updated 11/14/2025Established 09/08/1962FDIC Certificate 12478

Branches (2)

Page 1 of 1
NameAddressCity / State
First Bank of Owasso (Main)8601 N Garnett RdOwasso, OK
GARNETT ROAD BRANCH11550 N Garnett RdOwasso, OK
EAST SIDE BRANCH12814 E 86th St NOwasso, OK
Showing 2 of 2

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date09/08/1962
Community BankYes
Ownership TypeNot Mutual
ZIP74055
State and County Number40143
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number10
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameTulsa, OK

Operational Info

Number of Employees78
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance09/08/1962
Primary Insurance AgencyDIF
Websitehttp://www.firstbank.net
Data Updated11/14/2025
CERT18592
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$592.64M
Total Deposits$497.95M
Total Liabilities$499.05M
Total Equity Capital$93.60M
Net Income$4.84M
Net Loans and Leases$453.45M
Assets Per Employee ($Millions)$7.7M
Bank Premises and Fixed Assets$12.37M
Cash and Balances due from Depository Institutions$3.49M
Deposits Held in Domestic Offices$497.95M

Key Performance Ratios

Return on Assets (ROA)3.26%
Return on Equity (ROE)20.83%
Net Interest Margin5.25%
Efficiency Ratio40.77%
Tier 1 Risk-Based Capital Ratio18.523%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.1%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets15.793%
Earning Assets to total Assets96.75%

Income and Expense

Total Interest Income$10.29M
Total Noninterest Income$905.00k
Total Interest Expense$2.77M
Total Noninterest Expense$3.43M
Net Interest Income$7.52M
Pre-tax Net Operating Income$4.84M
Provision for Credit Losses$151.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$70.39M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.09M
Total Liabilities and Capital$592.64M

Securities

Securities$49.53M
Available-for-sale debt securities$49.53M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Bank of Owasso?
$592.64M as of the latest filing.
How much are First Bank of Owasso's total deposits?
$497.95M in total deposits.
Where is First Bank of Owasso located?
Owasso, OK.
What is the Net Interest Margin?
5.25%.
How many domestic offices does it operate?
3.
When was it established?
09/08/1962.
What is the Return on Assets (ROA)?
3.26%.
How much are total loans and leases?
$453.45M (latest filing).
What is the total interest income (latest filing)?
$10.29M.