Elevate Bank

Elevate Bank


Overview / Commentary
620-725-3106
101 West Main Street
Sedan, KS 67361

Elevate Bank is headquartered in SEDAN and is the 170th largest bank in the state of Kansas. It is also the 4,198th largest bank in the nation. It was established in 1874 and as of March of 2025, it had grown to 19 employees at 2 locations. Elevate Bank has an A health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Elevate Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #4770
Year Established1874
Employees19
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD3.57%
Return on Equity - YTD26.36%
Annual Interest Income$849K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$55.6MM$54MM
LoansQ1 2025vs Q1 2024$31.1MM$24.5MM
DepositsQ1 2025vs Q1 2024$47.5MM$46.9MM
Equity CapitalQ1 2025vs Q1 2024$7.8MM$7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$416K$401K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$44K$6K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Elevate Bank are currently being reviewed.

Locations


Elevate Bank Locations
The First National Bank Of Sedan101 W Main StSedan, KS 67361
The Bank Of Pawhuska1329 East Main StreetPawhuska, OK 74056

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