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First State Bank, Financial Information

About First State Bank

 Address:
101 N Mickey Mantle Blvd
Commerce, OK
Ottawa County, Oklahoma
 Established:
Jun 1918
 Number of domestic offices:
1
Total assets$14M
Net income$0M
Net income, quarterly$0M
Total deposits$13M
Domestic deposits$13M
Equity capital$1M
ROA0.86%
ROAQ, quarterly0.18%
ROA, pretax0.18%
ROAQ, quarterly, pretax0.18%
ROE8.59%
ROEQ, quarterly1.8%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

First State Bank - locally owned and operated bank with a convenient location. First State Bank offers a variety of services: checking accounts, savings accounts, money market accounts, CD's, IRA's, loans, money orders e.t.c.

The First State Bank of Hockerville, Oklahoma, was issued a Certificate of Incorporation on June 10, 1918 in Hockerville, Oklahoma. The town of Hockerville came into existance in 1916 when lead and zinc were discovered there.

On August 15, 2007, the bank purchased and moved into the IBC Bank Branch Building at 101 North Mickey Mantle Blvd. in Commerce, Oklahoma. This move was necessary since the Lead Impacted Community Relocation Assistance Trust (LICRAT) was buying out all property in the City of Picher to help solve the lead and zinc contamination and subsidence problems caused by the heavy mining of the area. LICRAT was a joint effort by the State of Oklahoma and the U.S. Federal Government to solve this EPA contaminated site.

Historical Data