First Option Bank
First Option Bank
Overview / Commentary
First Option Bank is headquartered in Osawatomie and is the 51st largest bank in the state of Kansas. It is also the 2,259th largest bank in the nation. It was established in 1923 and as of June of 2016, it had grown to 68 employees at 5 locations. First Option Bank has an A health rating.
Health
A
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4746 |
| Year Established | 1923 |
| Employees | 68 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.34% |
| Return on Equity - YTD | 14.75% |
| Annual Interest Income | $4.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $289.3MM$276.9MM |
| Loans | Q2 2016vs Q2 2015 | $122.8MM$117.3MM |
| Deposits | Q2 2016vs Q2 2015 | $257.0MM$252.0MM |
| Equity Capital | Q2 2016vs Q2 2015 | $28.1MM$23.7MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $1.5MM$1.7MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $201.00K$481.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $590.00K$590.00K |
Rates
Sorry, we do not have rate data for First Option Bank.
Locations
| First Option Bank Locations | ||
|---|---|---|
| Louisburg Branch | 103 Broadway | Louisburg, KS 66053 |
| 21101 W. 223rd St. Branch | 21101 W. 223rd Street | Spring Hill, KS 66083 |
| Lacygne Branch | 506 E Market St | Lacygne, KS 66040 |
| First Option Bank | 601 Main Street | Osawatomie, KS 66064 |
| Paola Branch | 702 Baptiste Drive | Paola, KS 66071 |