SeeBITDAOklahoma

Citizens Bank of Ada

Reported revenueReported figures
$20.3M
$19.3Mlikely range$21.3M
Revenue
$20.3M
a year
Profit (EBITDA)
$6.3M
31% of revenue
Employees
—
not reported
Leadership
Kassie Cothran
President, CEO · source · confirmed by 2 sources · LinkedIn
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $20.3M

Based on FDIC call report (2025).

Reported revenue, FDIC call report (2025)$20.3M
× 31% profit margin$6.3M

· Own this business? Correct these figures

Employees over time

▼ 18% since 2020
0501002020202120222023202420255545
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 550055$16.1M$5.0M
2021Form 550055$16.1M$5.0M
2022Form 550053$15.5M$4.8M
2023Form 550047$13.8M$4.3M
2024Form 550046$13.5M$4.2M
2025Form 550045$13.2M$4.1M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

No PPP loan
401(k) filing, 2025
Reported financials
Company website
Owner named

What they do

Citizens Bank of Ada is a bank in Ada, Oklahoma offering personal checking and savings accounts, loans, and commercial banking and merchant services. It serves individuals and businesses in Ada, OK.

Products & services
MortgageUSDA LoansFHA LoansConventional LoansPersonal LoansAuto LoansCommercial Real Estate LendingCheckingSavingsVisa Debit CardCD/IRAQuicken and Quickbooks Conversion
Markets served
Personal bankingCommercial bankingSmall and large businessesRetailInternetRestaurantLodging/hospitality
Service area
Ada, OKAda, Oklahoma
Certifications
NMLS #528131

From the company's website. Industry: Banks & credit unions.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Restaurants

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Citizens Bank of Ada
this business
$20.3M$6.3M—
Vision Bank
Ada
$60.4M$10.7M0.1 mi
Arbuckle Federal Credit Union
Ada
$936K$421K0.1 mi
Communication FCU
Ada
$1.8M$813K0.4 mi
Ada - 606 E. Main St.
Ada
$1.8M$813K0.5 mi
First United Bank
Ada
$1.8M$813K1.2 mi
Citizens Bank Of Ada
Ada
$5.4M$2.4M1.3 mi

The full calculation

These are the business's own reported figures, from its FDIC call report, not an estimate.

Revenue range$19.3M – $21.3M
EBITDA range$6.0M – $6.6M
Industry (NAICS)Depository credit intermediation (5221)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1967
“Citizens Bank of Ada was founded in 1967 by four of Ada's finest business and civic leaders, who between them had over 35 years of banking experience.”

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Public records

FDIC call report
Bank · owned by CITIZENSADA FINANCIAL CORP
Revenue (2025)$20.3M
Pre-tax income$6.3M
Assets$343.1M
Deposits$301.0M
Employees63
Branches3
Established1967
LinkedIn company page
Size as the company lists it
Employees51–200

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Citizens Bank of Ada

Citizens Bank of Ada is a banks & credit unions company in Ada, Oklahoma, in business since 1967. It is owned by Kassie Cothran (President, CEO). Its reported annual revenue is about $20.3M, with roughly $6.3M of EBITDA. It has about 45 employees.

Common questions

Who owns Citizens Bank of Ada?
Citizens Bank of Ada is owned by Kassie Cothran (President, CEO), according to public sources such as the company's website or filings.
How much revenue does Citizens Bank of Ada make?
Citizens Bank of Ada reported revenue of about $20.3M.
How many employees does Citizens Bank of Ada have?
About 45, from its 2025 retirement-plan filing.
When was Citizens Bank of Ada founded?
Citizens Bank of Ada has been in business since 1967.