Alva State Bank and Trust Company
How we got $1.8M
Based on typical figures for its industry (2022 Economic Census), not its own records.
Employees over time
▼ 12% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 81 | $23.8M |
| 2021 | Form 5500 | 80 | $23.5M |
| 2022 | Form 5500 | 75 | $22.0M |
| 2023 | Form 5500 | 76 | $22.3M |
| 2024 | Form 5500 | 68 | $19.9M |
| 2025 | Form 5500 | 71 | $20.8M |
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
Signs of a sale Unlikely to sell soon
- Family in the business (Peggy Wisdom, CEO & Board Chairman)
From public records and the company's website, not a statement that it's for sale.
What they do
Wisdom Heritage Bank, formerly Alva State Bank & Trust Co., is a bank with six branches in Oklahoma and Kansas that offers personal and business accounts, loans, and digital banking to its customers.
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.
- WINTER LIVESTOCK, INC · Enid, 51 mi · $60.2M
- BUFFALO FEEDERS LLC · Buffalo, 49 mi · $21.2M
- LANCE RHODES · Fairview, 35 mi · $10.9M
- Hanor · Enid, 54 mi · $9.6M
- CATTLEMAN'S CHOICE FEEDYARD, INC · Gage, 63 mi · $9.0M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Alva State Bank and Trust Company this business | $1.8M | — |
| Wisdom Heritage Bank Alva | $34.3M | 0.0 mi |
| BancCentral National Association Alva | $1.8M | 0.1 mi |
| Banccentral Financial Services Alva | $1.1M | 0.2 mi |
| Community Bank Alva | $1.8M | 1.0 mi |
| GRACE INVESTMENT COMPANY, INC. Alva | $23.1M | 6.7 mi |
| ACB Bank Cherokee | $9.6M | 17.4 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 | $570K – $2.6M |
| EBITDA range | $256K – $1.2M |
| 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
History & advisors
“The Wisdom family has been in the banking business since 1901 when C.C. Wisdom started at First National Bank in Okeene and later purchased the bank in 1925.”
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 Alva State Bank and Trust Company
Alva State Bank and Trust Company is a banks & credit unions company in Alva, Oklahoma, in business since 2026. It is owned by Dr. Peggy Wisdom (CEO & Board Chairman). Its estimated annual revenue is about $1.8M, with roughly $813K of EBITDA. It has about 71 employees.
Common questions
- Who owns Alva State Bank and Trust Company?
- Alva State Bank and Trust Company is owned by Dr. Peggy Wisdom (CEO & Board Chairman), according to public sources such as the company's website or filings.
- How much revenue does Alva State Bank and Trust Company make?
- SeeBITDA estimates Alva State Bank and Trust Company's annual revenue at about $1.8M (likely between $570K and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Alva State Bank and Trust Company have?
- About 71, from its 2025 retirement-plan filing.
- When was Alva State Bank and Trust Company founded?
- Alva State Bank and Trust Company has been in business since 2026.