First State Bank
- Reece RayPresident · Company website
How we got $3.0M
Based on FDIC call report (2025).
What we know
What they do
First State Bank is a bank in Noble, Oklahoma, serving its community with personalized service since 1902. It is a Member FDIC and Equal Housing Lender.
From the company's website. Industry: Banks & credit unions.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| First State Bank this business | $3.0M | — |
| Noble Bancshares Inc Noble | $1.8M | 0.0 mi |
| McClain Bank - Noble Branch Noble | $1.8M | 0.2 mi |
| Armstrong Bank Noble | $1.8M | 0.7 mi |
| City National Bank & Trust Norman | $1.8M | 2.5 mi |
| Tinker Federal Credit Union Norman | $1.8M | 4.5 mi |
| Arvest Bank Norman | $1.8M | 4.6 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
These are the business's own reported figures, from its FDIC call report, not an estimate.
| Revenue range | $2.8M – $3.1M |
| EBITDA range | $409K – $452K |
| Industry (NAICS) | Commercial Banking (522110) |
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
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 Roles are as stated there and may be out of date.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
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About First State Bank
First State Bank is a banks & credit unions company in Noble, Oklahoma, in business since 1902. It is owned by Kim King (Chairman and CEO). Its reported annual revenue is about $3.0M, with roughly $430K of EBITDA.
Common questions
- Who owns First State Bank?
- First State Bank is owned by Kim King (Chairman and CEO), according to public sources such as the company's website or filings.
- How much revenue does First State Bank make?
- First State Bank reported revenue of about $3.0M.
- When was First State Bank founded?
- First State Bank has been in business since 1902.