The First State Bank: how it compares with its peers
Against 63 OK banks with half to twice its assets, The First State Bank's strongest measure in Q2 2026 is efficiency ratio (41.02% vs. a 60.76% peer median). Its weakest relative measure is net interest margin (4.05% vs. 4.26%).
| Measure | The First State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.21% | 1.52% | Top third Ahead of 89% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.05% | 4.26% | Middle third Ahead of 43% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 41.02% | 60.76% | Top third Ahead of 98% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.7M | $6.1M | Top third Ahead of 97% of peers |
| Loans to deposits Net loans and leases over total deposits. | 92.77% | 73.90% | Context |
What it means for lending operations
Its efficiency ratio of 41.02% is better than the 60.76% 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
- The Exchange Bank Skiatook, OK · $158M
- Carson Community Bank Stilwell, OK · $167M
- Security Bank and Trust Company Miami, OK · $167M
- The Peoples National Bank of Checotah Checotah, OK · $172M
- All Capital Bank Locust Grove, OK · $176M
- The Farmers Bank Carnegie, OK · $140M
Questions about The First State Bank
How big is The First State Bank?
The First State Bank, established in 1915, is headquartered in Boise City, OK. It reported $160M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is The First State Bank's return on assets?
2.21% annualized in Q2 2026, against a 1.52% median for 63 OK banks with half to twice its assets, ahead of 89% of them.
What is The First State Bank's efficiency ratio?
41.02% in Q2 2026: it spent about 41 cents in noninterest expense for each dollar of revenue. The peer median is 60.76%, and lower is better.
Is The First State Bank growing its loans?
Net loans grew 4.6% over the year to Q2 2026, while deposits grew 10.4%.
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.