First Option Bank: Call Report & UBPR Financial Data
Data as of · sourced from FFIEC call reports. How we update
Asset quality shifted last quarter, NPLs fell to 0.02% from 0.55% in the prior period. Operating from Osawatomie, KS, First Option Bank serves its local market as an FDIC-insured commercial bank, in the Kansas City metropolitan banking region. Total assets stand at $818M. Profitability is strong, 1.39% ROA, paired with 21.17% ROE and a 3.32% net interest margin. Regulatory capital is solid, 15.76% CET1 and 16.65% total risk-based capital ratio. Credit metrics are pristine, with nonperforming loans at just 0.02%. 10 branches make up the footprint.
As of June 30, 2026, First Option Bank reported a CET1 capital ratio of 15.76%, a return on assets of 1.39%, a nonperforming-loan ratio of 0.02%, a Texas ratio of 2.50%, per financial data filed with the FFIEC.
Headquarters Profile
- Address
- 601 Main St, Osawatomie, KS 66064
- County
- Miami
- Metro Area
- Kansas City, MO-KS
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- September 6, 1923
- Former names
- First National Bank and Trust, Osawatomie, Kansas (1982-1999)
- Offices
- 10 domestic
- Employees (FTE)
- 121
- Domestic deposits
- $722.1M
- Allowance for credit losses
- $3.5M
- Net charge-offs (YTD)
- $1.3M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 4746
- Fed RSSD
- 285852
- Website
- http://www.firstoptionbank.com →
- Parent Holding Company
- OSAWATOMIE AGENCY, INC., THE (RSSD 1053777)
Profitability
Capital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
The quarter's own net income, as filed. It needs no adjustment because the filing does not accumulate it through the year.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full First Option Bank terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock First Option 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.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Held-to-maturity securities carry unrealized losses worth 10–25% of book equity. Carried at amortized cost, they do not reduce reported capital, but they shrink the bank's true mark-to-market cushion if the securities ever have to be sold. BankRegReports analysis, HTM marks aren't a reported regulatory metric.
First Option Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 15.76% | 1.39% | 0.02% | 2.50% | 3.32% |
| Q1 2026 | 15.97% | 1.55% | 0.55% | 4.78% | 3.28% |
| Q4 2025 | 15.41% | 1.12% | 0.57% | 4.99% | 3.07% |
| Q3 2025 | 15.67% | 1.20% | 0.57% | 5.15% | 3.01% |
| Q2 2025 | 15.33% | 1.07% | 0.02% | 0.33% | 2.83% |
| Q1 2025 | 15.09% | 1.13% | 0.01% | 0.22% | 2.78% |
| Q4 2024 | 15.03% | 0.91% | 0.03% | 0.25% | 2.61% |
| Q3 2024 | 14.37% | 0.92% | 0.04% | 1.02% | 2.52% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, mapped, and listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 10 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Paola Branch | Paola , KS | 66071 | $247.4M |
| First Option Bank (main office) | Osawatomie , KS | 66064 | $134.3M |
| Louisburg Branch | Louisburg , KS | 66053 | $77.5M |
| 21101 W. 223rd St. Branch | Spring Hill , KS | 66083 | $73.0M |
| Overland Park Branch | Overland Park , KS | 66223 | $53.3M |
| Lacygne Branch | Lacygne , KS | 66040 | $33.0M |
| Elwood Branch | Elwood , KS | 66024 | $30.8M |
| Saint Joseph Branch | Saint Joseph , MO | 64506 | $25.3M |
| Horton Branch | Horton , KS | 66439 | $24.8M |
| 1st Bank of Troy Branch | Troy , KS | 66087 | $22.6M |
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 9, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 9, 2019 | Structure Change | Acquired Pony Express Community Bank 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 2 events.
Regulatory record
What the public regulatory sources show for First Option Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.7% of deposits in KS, rank 37 of 233 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- Not on file: no HMDA filing matched
- Period: not on file. Source: FFIEC HMDA loan application register.
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about First Option Bank
What are First Option Bank's total assets?
As of the Q2 2026 filing, First Option Bank reported total assets of $817.6 million in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is First Option Bank headquartered?
First Option Bank is headquartered in Osawatomie, KS, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was First Option Bank founded?
First Option Bank was established in 1923, per the FDIC institution directory.
Is First Option Bank FDIC-insured?
Yes. First Option Bank is an FDIC-insured commercial bank (FDIC Certificate #4746). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Option Bank?
First Option Bank's primary federal regulator is the Federal Reserve. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is First Option Bank's CET1 capital ratio?
First Option Bank reported a Common Equity Tier 1 (CET1) capital ratio of 15.76% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First Option Bank operate?
First Option Bank operates 10 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Option Bank's Texas Ratio?
First Option Bank's Texas Ratio is 2.50% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was First Option Bank previously called?
The charter now named First Option Bank has also operated as First National Bank and Trust, Osawatomie, Kansas (1982-1999), per FDIC structure-change records.
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