SeeBITDAOklahoma

First State Bank

  • 106 N Dalton Ave, Valliant, OK
  • Since 1911
  • NAICS 5221
Reported revenueReported figures
$7.5M
$7.1Mlikely range$7.9M
Revenue
$7.5M
a year
Profit (EBITDA)
$2.0M
27% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $7.5M

Based on FDIC call report (2025).

Reported revenue, FDIC call report (2025)$7.5M
× 27% profit margin$2.0M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
Reported financials
Company website
Owner not found

What they do

First State Bank is a bank in Valliant, OK offering personal and business banking, loans, and related services. Its pages describe Kasasa checking, mobile banking, and loan products for consumers and businesses.

Products & services
Kasasa Cash Back CheckingKasasa Cash CheckingKasasa SaverCheckingSavingsCDs & IRAsMobile DepositATM & Debit CardsSafe Deposit BoxesMobile BankingeStatements & Bill Pay24-7 Bank by Phone
Markets served
PersonalBusiness
Certifications
Member FDICEqual Housing Lender

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
First State Bank
this business
$7.5M$2.0M—
FirstBank
Wright City
$1.8M$813K6.7 mi
Mccurtain County National Bank
Idabel
$7.2M$3.3M17.3 mi
Farmers Bank and Trust
Idabel
$3.6M$1.6M17.3 mi
Idabel National Bank
Idabel
$13.9M$1.6M17.6 mi
FirstBank
Idabel
$1.8M$813K18.2 mi
First State Bank- Idabel
Idabel
$1.8M$813K18.5 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$7.1M – $7.9M
EBITDA range$1.9M – $2.1M
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 1911
“First State Bank was originally chartered as Bank of Valliant on December 3, 1911.”

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 FSB FINANCIAL CORP
Revenue (2025)$7.5M
Pre-tax income$2.0M
Assets$101.5M
Deposits$86.7M
Employees30
Branches4
Established1911

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 Valliant, Oklahoma, in business since 1911. Its reported annual revenue is about $7.5M, with roughly $2.0M of EBITDA.

Common questions

Who owns First State Bank?
The owner of First State Bank isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does First State Bank make?
First State Bank reported revenue of about $7.5M.
When was First State Bank founded?
First State Bank has been in business since 1911.