First Option Bank
Osawatomie, KS
IDRSSD: 285852
Total Assets
$815.95M
Latest filing
Total Deposits
$735.37M
Latest filing
Net Interest Margin
2.97%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
101114109OSAWATOMIE, KS
Key People
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Locations
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Main Office
First Option Bank
601 Main St
Osawatomie, KS 66064
Full Service - Brick and Mortar
Updated 01/30/2026Established 09/06/1923FDIC Certificate 3163
Branches (9)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| First Option Bank (Main) | 601 Main St | Osawatomie, KS |
| SAINT JOSEPH BRANCH | 3702 Faraon St | Saint Joseph, MO |
| PAOLA BRANCH | 702 Baptiste Dr | Paola, KS |
| HORTON BRANCH | 1505 Central Ave | Horton, KS |
| ELWOOD BRANCH | 209 Roseport Roadelwood | Elwood, KS |
| 1ST BANK OF TROY BRANCH | 212 S Main St | Troy, KS |
| LACYGNE BRANCH | 506 E Market St | Lacygne, KS |
| LOUISBURG BRANCH | 103 Broadway | Louisburg, KS |
Showing 7 of 9
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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 09/06/1923 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 66064 |
| State and County Number | 20121 |
| Subchapter S Corporations | Yes |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 10 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Kansas City, MO-KS |
Operational Info
| Number of Employees | 112 |
| Domestic Offices | 10 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | http://www.firstoptionbank.com |
| Data Updated | 01/30/2026 |
| CERT | 4746 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $815.95M |
| Total Deposits | $735.37M |
| Total Liabilities | $766.20M |
| Total Equity Capital | $49.75M |
| Net Income | $2.13M |
| Net Loans and Leases | $462.20M |
| Assets Per Employee ($Millions) | $6.86M |
| Bank Premises and Fixed Assets | $12.39M |
| Cash and Balances due from Depository Institutions | $60.70M |
| Deposits Held in Domestic Offices | $735.37M |
Key Performance Ratios
| Return on Assets (ROA) | 1.1% |
| Return on Equity (ROE) | 17.51% |
| Net Interest Margin | 2.97% |
| Efficiency Ratio | 67.72% |
| Tier 1 Risk-Based Capital Ratio | 15.429% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.18% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 6.097% |
| Earning Assets to total Assets | 94.53% |
Income and Expense
| Total Interest Income | $8.89M |
| Total Noninterest Income | $2.55M |
| Total Interest Expense | $3.44M |
| Total Noninterest Expense | $5.43M |
| Net Interest Income | $5.45M |
| Pre-tax Net Operating Income | $2.22M |
| Provision for Credit Losses | $350.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $27.50M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $3.33M |
| Total Liabilities and Capital | $815.95M |
Securities
| Securities | $260.50M |
| Available-for-sale debt securities | $98.58M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $161.93M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Option Bank?
$815.95M as of the latest filing.
How much are First Option Bank's total deposits?
$735.37M in total deposits.
Where is First Option Bank located?
Osawatomie, KS.
What is the Net Interest Margin?
2.97%.
How many domestic offices does it operate?
10.
When was it established?
09/06/1923.
What is the Return on Assets (ROA)?
1.1%.
How much are total loans and leases?
$462.20M (latest filing).
What is the total interest income (latest filing)?
$8.89M.