First Bank of Owasso: how it compares with its peers
Against 56 OK banks with half to twice its assets, First Bank of Owasso's strongest measure in Q2 2026 is return on assets (2.80% vs. a 1.39% peer median). Its weakest relative measure is assets per employee ($8.0M vs. $6.5M).
| Measure | First Bank of Owasso | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.80% | 1.39% | Top third Ahead of 98% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.84% | 4.17% | Top third Ahead of 82% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 45.80% | 61.61% | Top third Ahead of 91% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.0M | $6.5M | Top third Ahead of 71% of peers |
| Loans to deposits Net loans and leases over total deposits. | 90.26% | 79.25% | Context |
What it means for lending operations
Its efficiency ratio of 45.80% is better than the 61.61% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- AVB Bank Broken Arrow, OK · $612M
- All America Bank Oklahoma City, OK · $611M
- Frontier State Bank Oklahoma City, OK · $609M
- Wisdom Heritage Bank Alva, OK · $601M
- Cattlemens Bank Altus, OK · $595M
- FirstBank Antlers, OK · $684M
Questions about First Bank of Owasso
How big is First Bank of Owasso?
First Bank of Owasso, established in 1962, is headquartered in Owasso, OK. It reported $639M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is First Bank of Owasso's return on assets?
2.80% annualized in Q2 2026, against a 1.39% median for 56 OK banks with half to twice its assets, ahead of 98% of them.
What is First Bank of Owasso's efficiency ratio?
45.80% in Q2 2026: it spent about 46 cents in noninterest expense for each dollar of revenue. The peer median is 61.61%, and lower is better.
Is First Bank of Owasso growing its loans?
Net loans grew 9.2% over the year to Q2 2026, while deposits grew 7.8%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are OK banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Oklahoma bank ranked.