First Bank of Owasso
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Data as of · sourced from FFIEC call reports. How we update
First Bank of Owasso is an FDIC-insured commercial bank headquartered in Owasso, OK, established in 1962 (FDIC certificate 18592), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $639.3M, up 7.8% from Q2 2025, the 41st largest of 169 banks headquartered in Oklahoma. Its CET1 capital ratio was 18.22% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 18592
- Headquarters
- Owasso, OK
- Established
- 1962
- Total assets, Q2 2026
- $639.3M
- Assets vs Q2 2025
- +7.8%
- CET1 ratio, Q2 2026
- 18.22%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 103112853
- Latest call report
- Q2 2026, FFIEC 041 · First Bank of Owasso call report
- Asset rank in state
- 41st of 169 in Oklahoma
First Bank of Owasso is one of the more profitable banks of its size. Its balance sheet stood at $639 million at June 30, 2026, up 7.8% from a year earlier; it is based in Owasso, Oklahoma. It earns about $2.80 a year on every $100 of assets, about double the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also funds 15.67% of its assets with Tier 1 capital, higher than about three-quarters of banks its size (median 10.99%). Much of that comes from cost control: it spends about 45 cents to bring in each dollar of revenue.
Delinquency has appeared in its $82 million non-owner-occupied commercial real estate book: 5.76% of those loans are past due or on nonaccrual, against almost none a year earlier.
As of June 30, 2026, First Bank of Owasso reported a CET1 capital ratio of 18.22%, a return on assets of 2.80%, a nonperforming-loan ratio of 0.01% and a Texas ratio of 0.06%. The figures come from its call report filed with the FFIEC.
Of the 169 banks headquartered in Oklahoma, First Bank of Owasso is the 41st largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 1.2% to $639.3M, loans rose 2.2% and deposits fell 1.9%. Its loan book on June 30, 2026 was led by owner-occupied commercial real estate loans, at 59.1% of total loans, followed by non-owner-occupied commercial real estate loans at 16.7%. The FDIC Summary of Deposits lists 3 offices for it, in Owasso, OK. On its Q2 2026 call report, First Bank of Owasso meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 8601 N Garnett Rd, Owasso, OK 74055
- County
- Tulsa
- Metro Area
- Tulsa, OK
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- No
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- September 8, 1962
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 80
- Domestic deposits
- $538.7M
- Allowance for credit losses
- $6.8M
- Net charge-offs (YTD)
- $0
- Average total assets
- $646.3M
- Average total loans
- $489.1M
- Average interest-bearing deposits
- $435.5M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- September 8, 1962
- FDIC Cert
- 18592
- Fed RSSD
- 637554
- Website
- http://www.firstbank.net →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First Bank of Owasso's total assets ranged from $522.4M (Q4 2023) to $646.9M (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$639.3M total assets against $592.8M; $540.0M total liabilities against $500.6M.
$486.2M net loans and leases against $445.3M; $538.7M total deposits against $499.8M.
$36.6M securities against $53.3M; $101.0M cash and balances due against $77.6M.
$10.1M total interest income against $10.1M; $2.6M total interest expense against $2.9M.
$7.5M net interest income against $7.2M.
$1.0M total noninterest income against $848K; $3.9M total noninterest expense against $3.3M.
$150K provision for credit losses against $149K.
$4.5M net income against $4.6M.
2.80% return on assets against 3.03%; 4.81% net interest margin against 4.90%.
18.22% CET1 capital ratio against 18.76%; 15.67% tier 1 leverage ratio against 15.52%.
Inside the full First Bank of Owasso terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirst Bank of Owasso rankings
Its closest position to the top of a national ranking is 99 of 3,611, for ROA; its furthest is 3,270 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 2.64% (Q1 2026) to 4.51% (Q3 2024) and its net interest margin ran from 4.65% (Q1 2026) to 6.30% (Q3 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 18.22% | 2.80% | 0.01% | 0.06% | 4.81% |
| Q1 2026 | 17.98% | 2.64% | 0.01% | 0.07% | 4.65% |
| Q4 2025 | 18.61% | 3.24% | 0.01% | 0.07% | 5.23% |
| Q3 2025 | 18.52% | 3.23% | 0.02% | 0.08% | 5.16% |
| Q2 2025 | 18.76% | 3.03% | 0.02% | 0.09% | 4.90% |
| Q1 2025 | 17.91% | 2.97% | 0.02% | 0.09% | 4.91% |
| Q4 2024 | 18.79% | 3.81% | 0.02% | 0.09% | 5.77% |
| Q3 2024 | 19.66% | 4.51% | 0.21% | 0.92% | 6.30% |
Swipe the table sideways to see every column.
Branch Network
View all 3 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First Bank of Owasso (main office) | Owasso , OK | 74055 | $481.1M |
| East Side Branch | Owasso , OK | 74055 | $41.5M |
| Garnett Road Branch | Owasso , OK | 74055 | $16.0M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.4% of deposits in OK, rank 46 of 192 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 3 loans, $760K approved, $253K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First Bank of Owasso
What are First Bank of Owasso's total assets?
As of the Q2 2026 filing, First Bank of Owasso reported total assets of $639.3 million in its FFIEC call report.
Where is First Bank of Owasso headquartered?
It is headquartered in Owasso, OK, United States.
When was First Bank of Owasso founded?
It was established in 1962, per the FDIC institution directory.
Is First Bank of Owasso FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #18592). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Bank of Owasso?
First Bank of Owasso's primary federal regulator is the FDIC.
What is First Bank of Owasso's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 18.22% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First Bank of Owasso operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Bank of Owasso's Texas Ratio?
Its Texas Ratio is 0.06% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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