Citizens Bank of Ada
How we got $1.9M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 59 years (since 1967)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
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.
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.
- SANTIAGO-BRENNAN'S MCDONALD'S INC. · Edmond, 75 mi · $74.6M
- OZARK PIZZA COMPANY, LLC · Oklahoma City, 78 mi · $67.7M
- CB RESTAURANTS, INC. · Oklahoma City, 77 mi · $53.9M
- WICHITA SDI, LLC · Prague, 48 mi · $46.7M
- MAGNUM FOODS, INC. · Oklahoma City, 71 mi · $43.0M
- SKIRVIN PARTNERS, LLC · Oklahoma City, 68 mi · $34.2M
- OKC HOTEL VENTURES LLC · Oklahoma City, 68 mi · $30.4M
- SHIVAM HOTEL LLC · Edmond, 74 mi · $25.9M
- 21C OKC LLC · Oklahoma City, 68 mi · $23.4M
- MLCV OKLAHOMA, LLC · Oklahoma City, 70 mi · $17.2M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Citizens Bank of Ada this business | $1.9M | — |
| Tinker Federal Credit Union Ada | $1.9M | 0.2 mi |
| Chickasaw Community Bank Ada | $1.9M | 0.5 mi |
| Simmons Bank Ada | $1.9M | 0.5 mi |
| Oklahoma Hertiage Bank Ada | $1.9M | 0.6 mi |
| First United Bank Ada | $1.9M | 0.6 mi |
| Ada - 606 E. Main St. Ada | $1.9M | 1.3 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.
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Depository credit intermediation businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (45%). Treat these as a rough guide.
| Revenue range | $580K – $2.9M |
| EBITDA range | $261K – $1.3M |
| 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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“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.”
Leadership
- BCBill ClarkChairman · Company website · source
- CBC.C. Buxton IIIBoard Member · Company website · source
- MCMike CantrellBoard Member · Company website · source
- MGMary GarberBoard Member · Company website · source
- WGWendell GodwinBoard Member · Company website · source
- RPRandall PogueBoard Member · Company website · source
- MGMichael G. SmithBoard Member · Company website · source
- JTJohn TreatBoard Member · Company website · source
- JCJenny CypertAdvisory Board Member · Company website · source
- ALAlex LeachAdvisory Board Member · Company website · source
- SEScott EmersonAdvisory Board Member · Company website · source
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 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 and CEO). Its estimated annual revenue is about $1.9M, with roughly $863K of EBITDA.
Common questions
- Who owns Citizens Bank of Ada?
- Citizens Bank of Ada is owned by Kassie Cothran (President and CEO), according to public sources such as the company's website or filings.
- How much revenue does Citizens Bank of Ada make?
- SeeBITDA estimates Citizens Bank of Ada's annual revenue at about $1.9M (likely between $580K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- When was Citizens Bank of Ada founded?
- Citizens Bank of Ada has been in business since 1967.
- Is Citizens Bank of Ada for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 59 years (since 1967); no family successor named on its website.