FirstOak Bank

Overview / Commentary

www.firstoakbank.com

620-331-2265

113 North Penn Avenue
Independence, KS 67301

FirstOak Bank is headquartered in Independence and is the 80^th largest bank in the state of Kansas. It is also the 2,993^rd largest bank in the nation. It was established in 1881 and as of March of 2020, it had grown to 44 employees at 5 locations. FirstOak Bank has an A health rating.

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Health

Data as of Q1 2020

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Health Grade Components

Overall
FDIC Certificate #	4660
Year Established	1881
Employees	44
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.91%
Return on Equity - YTD	17.61%
Annual Interest Income	$2.4MM

Assets and Liabilities
Assets	Q1 2020vs Q1 2019	$186.7MM$183.7MM
Loans	Q1 2020vs Q1 2019	$132.2MM$136.1MM
Deposits	Q1 2020vs Q1 2019	$165.0MM$162.8MM
Equity Capital	Q1 2020vs Q1 2019	$20.2MM$19.5MM
Loan Loss Allowance	Q1 2020vs Q1 2019	$1.6MM$1.6MM
Unbacked Noncurrent Loans	Q1 2020vs Q1 2019	$0$0
Real Estate Owned	Q1 2020vs Q1 2019	$910.00K$46.00K

Rates

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Money Market
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

FirstOak Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	$25	-	Young Savers Savings Account
0.10%	$100	-	Santa's Savings Account
0.03%	$100	-	Regular Savings Account

FirstOak Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.08%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.03% → $2.5k - $25k \| 0.05% → $25k - $100k

FirstOak Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%	$1k	-	60 Month CD
0.60%	$1k	-	48 Month CD
0.50%	$1k	-	36 Month CD
0.45%	$1k	-	30 Month CD
0.40%	$1k	-	24 Month CD
0.35%	$1k	-	18 Month CD
0.30%	$1k	-	12 Month CD
0.20%	$1k	-	6 Month CD
0.15%	$1k	-	3 Month CD

FirstOak Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$1k	-	48 Month IRA
0.50%	$1k	-	36 Month IRA
0.45%	$1k	-	30 Month IRA
0.40%	$1k	-	24 Month IRA
0.35%	$1k	-	18 Month IRA
0.30%	$1k	-	12 Month IRA
0.20%	$1k	-	6 Month IRA
0.15%	$1k	-	3 Month IRA

Locations

FirstOak Bank Locations
Firstbank Of Independence	113 North Penn Avenue	Independence, KS 67301
First National Bank Of Pueblo Branch	1419 W US Highway 50	Pueblo, CO 81008
Elk City Branch	106 E Hickory Street	Elk City, KS 67344
Drive-Thru Branch	1801 West Main Street	Independence, KS 67301
Fredonia Branch	501 Madison Street	Fredonia, KS 66736

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