Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
220 West Main Street
Durant, OK 74701

First Texoma National Bank is headquartered in Durant and is the 100th largest bank in the state of Oklahoma. It is also the 3,645th largest bank in the nation. It was established in 1898 and as of December of 2013, it had grown to 66 employees at 6 locations. First Texoma National Bank has a B health rating.

Reviews (1)

Thi Bank Gives Small Banks A Bad Name

They are an Oklahoma bank that has come to Texas and has given up on the communities they are in. They cannot keep good employees and management stinks. I regret opening an account with them.



Health

Data for Q4 2013

Institution Health

B

Texas Ratio

GRADE:
C+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 First Texoma National Bank had $5.65 million in non-current loans and owned real-estate with $19.24 million in equity and loan loss allowances on hand to cover it. This gives First Texoma National Bank a Texas Ratio of 29.37% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for First Texoma National Bank decreased dramatically from 59.61% as of December 31, 2012 to 29.37% as of December 31, 2013, resulting in a positive change of 50.74%.This indicates that the balance sheet and financial strength for First Texoma National Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
D

In the past year, First Texoma National Bank has decreased its total deposits by -$9.47 million, resulting in -6.44% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Texoma National Bank has shown is below average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Texoma National Bank has $154.58 million in assets with $19.24 million in equity, resulting in a capitalization level of 12.44%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #13905
Year Established1898
Employees66
Primary RegulatorOCC
Assets and Liabilities
Assets$154.58 million
Loans$100.51 million
Deposits$137.45 million
Equity Capital$17.12 million
Loan Loss Allowance$2.12 million
Unbacked Noncurrent Loans$1.22 million
Real Estate Owned$4.43 million
Historic Data - December 2012
Assets$164.03 million
Equity Capital$17.02 million
Loan Loss Allowance$2.24 million
Unbacked Noncurrent Loans$1.22 million
Real Estate Owned$9.00 million
Profit Margin - Quarterly
Net Interest Margin4.07%
Return on Assets0.21%
Return on Equity1.95%
Interest Income$5.96 million
Rates

Sorry, we do not have rate data for First Texoma National Bank

Locations


First Texoma National Bank Locations
Northwest Heights Branch1825 West University BoulevardDurant, OK 74701
First Texoma National Bank220 West Main StreetDurant, OK 74701
Loy Lake Branch2626 Loy Lake RdSherman, TX 75091
Post Oak Crossing Branch3401 Highway 1417Sherman, TX 75092
Motor Bank Branch420 West Main StreetDurant, OK 74701
615 Hunter Branch615 HunterBoswell, OK 74727