Frazer Bank
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Data as of · sourced from FFIEC call reports. How we update
Frazer Bank is an FDIC-insured commercial bank headquartered in Altus, OK, established in 1902 (FDIC certificate 4031), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $354.3M, up 1.8% from Q2 2025, the 71st largest of 169 banks headquartered in Oklahoma. Its CET1 capital ratio was 17.05% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 4031
- Headquarters
- Altus, OK
- Established
- 1902
- Total assets, Q2 2026
- $354.3M
- Assets vs Q2 2025
- +1.8%
- CET1 ratio, Q2 2026
- 17.05%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 103100959
- Holding company
- FIRST ALTUS BANCORP, INC.
- Asset rank in state
- 71st of 169 in Oklahoma
Frazer Bank spends more to run itself than most banks of its size. Based in Altus, Oklahoma, it had $354 million in assets at June 30, 2026, up 1.8% from a year earlier. It earns about $0.32 a year on every $100 of assets, a small fraction of the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 87 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
Earnings fell sharply: quarterly net income of $289,000 was 44% below a year earlier. Over the same year, loans shrank 10.8% and deposits grew 1.8%. Its margin is thin by comparison: it keeps 3.24 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
As of June 30, 2026, Frazer Bank reported a CET1 capital ratio of 17.05%, a return on assets of 0.32%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
Of the 169 banks headquartered in Oklahoma, Frazer Bank is the 71st largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 2.8% to $354.3M, loans rose 0.5% and deposits fell 3.2%. Non-owner-occupied commercial real estate loans made up 27.8% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 15.2%. Its 6 offices in the FDIC Summary of Deposits are in 5 cities in OK; its Altus 2 offices book 60% of its branch deposits. Judged on its Q2 2026 call report, Frazer Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 110 E Broadway St, Altus, OK 73521
- County
- Jackson
- Metro Area
- Altus, OK
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1902
- Former names
- The First National Bank in Altus (1947-2015)
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 52
- Domestic deposits
- $317.1M
- Allowance for credit losses
- $3.0M
- Net charge-offs (YTD)
- $0
- Average total assets
- $361.0M
- Average total loans
- $194.6M
- Average interest-bearing deposits
- $271.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 4031
- Fed RSSD
- 245351
- SEC CIK
- 1985287 → filed by FIRST ALTUS BANCORP, INC.
- Website
- www.frazerbank.com →
- Parent Holding Company
- FIRST ALTUS BANCORP, INC. (RSSD 1056134)
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, Frazer Bank's total assets ranged from $331.9M (Q3 2025) to $398.9M (Q3 2023), 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
$354.3M total assets against $347.8M; $317.9M total liabilities against $312.4M.
$193.3M net loans and leases against $217.1M; $317.1M total deposits against $311.5M.
$83.3M securities against $59.3M; $57.5M cash and balances due against $51.1M.
$4.3M total interest income against $4.2M; $1.5M total interest expense against $1.7M.
$2.8M net interest income against $2.5M.
$304K total noninterest income against $302K; $2.7M total noninterest expense against $2.1M.
$0 provision for credit losses against $0.
$289K net income against $514K.
0.32% return on assets against 0.60%; 3.24% net interest margin against 2.99%.
17.05% CET1 capital ratio against 16.08%; 11.21% tier 1 leverage ratio against 11.79%.
Inside the full Frazer Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFrazer Bank rankings
Its closest position to the top of a national ranking is 582 of 2,134, for CET1 ratio; its furthest is 3,423 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.12% (Q3 2024) to 0.93% (Q4 2024) and its net interest margin ran from 2.53% (Q3 2024) to 3.26% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 17.05% | 0.32% | 0.00% | 0.00% | 3.24% |
| Q1 2026 | 17.36% | 0.70% | 0.19% | 1.44% | 3.13% |
| Q4 2025 | 17.48% | 0.51% | 0.10% | 0.99% | 3.26% |
| Q3 2025 | 16.92% | 0.58% | 0.00% | 0.50% | 3.07% |
| Q2 2025 | 16.08% | 0.60% | 0.00% | 0.51% | 2.99% |
| Q1 2025 | 15.47% | 0.43% | 0.00% | 0.99% | 2.80% |
| Q4 2024 | 14.64% | 0.93% | 0.18% | 2.49% | 2.54% |
| Q3 2024 | 13.40% | 0.12% | 0.17% | 2.15% | 2.53% |
Swipe the table sideways to see every column.
Branch Network
View all 6 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 |
|---|---|---|---|
| Frazer Bank (main office) | Altus , OK | 73521 | $172.0M |
| Frazer Bank Branch | Edmond , OK | 73013 | $42.9M |
| Hobart Branch | Hobart , OK | 73651 | $40.7M |
| Frederick Branch | Frederick , OK | 73542 | $24.6M |
| Bunker Hill Branch | Altus , OK | 73521 | $19.1M |
| Grandfield Branch | Grandfield , OK | 73546 | $17.9M |
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 |
|---|---|---|---|
| March 28, 1992 | Structure Change | Acquired Red River Federal Savings and Loan Association, F.A. Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| September 4, 1987 | Structure Change | Acquired The First National Bank of Tipton Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| September 3, 1987 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 7, 1987 | Structure Change | Acquired Security State Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| August 6, 1987 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 5 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in OK, rank 74 of 192 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 5 loans, $2.6M approved, $527K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2019 (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 Frazer Bank
What are Frazer Bank's total assets?
As of the Q2 2026 filing, Frazer Bank reported total assets of $354.3 million in its FFIEC call report.
Where is Frazer Bank headquartered?
It is headquartered in Altus, OK, United States.
When was Frazer Bank founded?
It was established in 1902, per the FDIC institution directory.
Is Frazer Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #4031). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Frazer Bank?
Frazer Bank's primary federal regulator is the Federal Reserve.
What is Frazer Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 17.05% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Frazer Bank operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Frazer Bank's Texas Ratio?
Its Texas Ratio is 0.00% 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 Frazer Bank previously called?
The charter now named Frazer Bank has also operated as The First National Bank in Altus (1947-2015), per FDIC structure-change records.
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