Ameristate Bank South-Branch
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 120 years (since 1906)
- 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
AmeriState Bank is a bank offering personal and business banking products, including checking, savings, certificates of deposit, loans, and online and mobile banking services. The pages provided do not describe a specific customer base beyond general personal and business banking.
From the company's website. Industry: Banks & credit unions.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Ameristate Bank South-Branch this business | $1.9M | — |
| First Family FCU Atoka | $1.9M | 1.3 mi |
| AmeriState Bank Atoka | $31.1M | 1.4 mi |
| FirstBank Coalgate | $1.9M | 12.0 mi |
| Shamrock Bank NA Coalgate | $28.6M | 12.6 mi |
| SHAMROCK BANCSHARES, INC. Coalgate | $25.2M | 15.2 mi |
| First United Bank Bokchito | $1.9M | 24.3 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
“Leadership remained within the Memminger and Ray families until 1929, when the bank was sold to Hugh Halsell.”
Leadership
- GCGeorge ClarkExecutive Enterprise Risk Officer · Company website · source
- JMJodie MooreChief Operating Officer · Company website · source
- RWRon WesterveltRegional President, Texas · Company website · source
- CSChay ShockeyRegional President, Oklahoma · 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 Ameristate Bank South-Branch
Ameristate Bank South-Branch is a family-owned banks & credit unions company in Atoka, Oklahoma, in business since 1906. It is owned by Clay McCall (President). Its estimated annual revenue is about $1.9M, with roughly $863K of EBITDA.
Common questions
- Who owns Ameristate Bank South-Branch?
- Ameristate Bank South-Branch is owned by Clay McCall (President), according to public sources such as the company's website or filings.
- How much revenue does Ameristate Bank South-Branch make?
- SeeBITDA estimates Ameristate Bank South-Branch'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 Ameristate Bank South-Branch founded?
- Ameristate Bank South-Branch has been in business since 1906.
- Is Ameristate Bank South-Branch for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 120 years (since 1906); no family successor named on its website.