Overview / Commentary
The State Exchange Bank is headquartered in LAMONT and is the 120th largest bank in the state of Oklahoma. It is also the 3,690th largest bank in the nation. It was established in 1901 and as of March of 2024, it had grown to 13 employees at 1 location. The State Exchange Bank's savings rates are 10X the national average, and it has a B+ health rating.
Health
B+
Data as of Q1 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 13551 |
| Year Established | 1901 |
| Employees | 13 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.77% |
| Return on Equity - YTD | 18.83% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2024vs Q1 2023 | $121.3MM$109.2MM |
| Loans | Q1 2024vs Q1 2023 | $99.5MM$92.3MM |
| Deposits | Q1 2024vs Q1 2023 | $101.4MM$90.2MM |
| Equity Capital | Q1 2024vs Q1 2023 | $11.6MM$10.3MM |
| Loan Loss Allowance | Q1 2024vs Q1 2023 | $2.2MM$1.7MM |
| Unbacked Noncurrent Loans | Q1 2024vs Q1 2023 | $1.3MM$1.6MM |
| Real Estate Owned | Q1 2024vs Q1 2023 | $0$0 |