First Summit Bank
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Data as of · sourced from FFIEC call reports. How we update
First Summit Bank is an FDIC-insured commercial bank headquartered in Ryan, OK, established in 1894 (FDIC certificate 399), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $33.8M, up 4.9% from Q2 2025, the 162nd largest of 169 banks headquartered in Oklahoma. It reports no CET1 ratio; its Tier 1 leverage ratio was 13.68% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 399
- Headquarters
- Ryan, OK
- Established
- 1894
- Total assets, Q2 2026
- $33.8M
- Assets vs Q2 2025
- +4.9%
- Tier 1 leverage ratio, Q2 2026
- 13.68%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 103103503
- Asset rank in state
- 162nd of 169 in Oklahoma
Problem loans are rising at First Summit Bank. Its balance sheet stood at $34 million at June 30, 2026, up 4.9% from a year earlier; it is based in Ryan, Oklahoma. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 7.11% of loans from 0.00% a year earlier. It carries problem assets equal to 25.7% of the capital and reserves that would absorb them, 18.6 times the median of 1.4% for the 583 banks with less than $100 million in assets. On the other hand, it keeps 4.76 cents of net interest income on every dollar of earning assets, higher than about three-quarters of banks its size (median 3.87 cents).
Earnings fell sharply: quarterly net income of $27,000 was 46% below a year earlier. Profitability lags: it returns 2.3% a year on shareholders' equity, a small fraction of the median of 8.6% for banks its size.
As of June 30, 2026, First Summit Bank reported a return on assets of 0.32%, a nonperforming-loan ratio of 7.11% and a Texas ratio of 25.74%. The figures come from its call report filed with the FFIEC.
Of the 169 banks headquartered in Oklahoma, First Summit Bank is the 162nd largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 1.6% to $33.8M, loans fell 1.0% and deposits fell 2.0%. The largest part of its loan book on June 30, 2026 was farmland and other real estate loans, at 47.9% of total loans, ahead of owner-occupied commercial real estate loans at 20.8%. The FDIC Summary of Deposits lists 2 offices for it, in Ryan, OK and Weatherford, OK; its Ryan office books 76% of its branch deposits. Judged on its Q2 2026 call report, First Summit Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 527 Washington Street, Ryan, OK 73565
- County
- Jefferson
- 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
- June 1, 1894
- Former names
- The First State Bank (2012-2019)
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 11
- Domestic deposits
- $29.0M
- Allowance for credit losses
- $278K
- Net charge-offs (YTD)
- $0
- Average total assets
- $34.1M
- Average total loans
- $18.6M
- Average interest-bearing deposits
- $23.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 399
- Fed RSSD
- 514356
- Website
- www.fsbwford.com →
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, First Summit Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, First Summit Bank's total assets ran between $27.0M (Q3 2023) and $34.6M (Q4 2025), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$33.8M total assets against $32.2M; $29.0M total liabilities against $27.7M.
$17.8M net loans and leases against $17.1M; $29.0M total deposits against $27.6M.
$18K securities against $19K; $13.8M cash and balances due against $12.7M.
$479K total interest income against $494K; $118K total interest expense against $122K.
$361K net interest income against $372K.
$32K total noninterest income against $33K; $321K total noninterest expense against $358K.
$50K provision for credit losses against -$4K.
$27K net income against $50K.
0.32% return on assets against 0.62%; 4.76% net interest margin against 5.25%.
13.68% tier 1 leverage ratio against 13.78%.
Inside the full First Summit Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
First Summit Bank rankings
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.36% (Q4 2025) to 1.83% (Q3 2025) and its net interest margin ran from 3.81% (Q4 2025) to 5.87% (Q3 2024).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.68% | 0.32% | 7.11% | 25.74% | 4.76% |
| Q1 2026 | 13.49% | 1.05% | 5.15% | 19.11% | 4.71% |
| Q4 2025 | 13.45% | -0.36% | 3.81% | 14.51% | 3.81% |
| Q3 2025 | 14.21% | 1.83% | 0.00% | 0.00% | 5.17% |
| Q2 2025 | 13.78% | 0.62% | 0.00% | 0.21% | 5.25% |
| Q1 2025 | 14.26% | 1.79% | 0.00% | 0.22% | 5.46% |
| Q4 2024 | 13.77% | 0.92% | 0.90% | 4.13% | 5.62% |
| Q3 2024 | 14.52% | 1.07% | 0.12% | 1.08% | 5.87% |
Swipe the table sideways to see every column.
Branch Network
View all 2 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 Summit Bank (main office) | Ryan , OK | 73565 | $22.1M |
| Weatherford Branch | Weatherford , OK | 73096 | $6.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| November 15, 2012 | Structure Change | Acquired Ryan Bancshares, Inc. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 1 event.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in OK, rank 182 of 192 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, 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 Summit Bank
What are First Summit Bank's total assets?
As of the Q2 2026 filing, First Summit Bank reported total assets of $33.8 million in its FFIEC call report.
Where is First Summit Bank headquartered?
It is headquartered in Ryan, OK, United States.
When was First Summit Bank founded?
It was established in 1894, per the FDIC institution directory.
Is First Summit Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #399). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Summit Bank?
First Summit Bank's primary federal regulator is the FDIC.
How many branches does First Summit Bank operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Summit Bank's Texas Ratio?
Its Texas Ratio is 25.74% 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.
What was First Summit Bank previously called?
The charter now named First Summit Bank has also operated as The First State Bank (2012-2019), per FDIC structure-change records.
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