Midstate Bancorp, Inc.
- Josh BrackSigns company filings · Form 5500 (2022)
How we got $70.2M
Based on 174 employees on its 2024 401(k) filing.
What we know
Employees over time
▲ 39% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 125 | $34.1M |
| 2021 | Form 5500 | 113 | $30.8M |
| 2022 | Form 5500 | 115 | $31.4M |
| 2023 | Form 5500 | 134 | $36.5M |
| 2024 | Form 5500 | 174 | $47.4M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MIDSTATE BANCORP, INC. this business | $70.2M | — |
| RCB Bank Oklahoma City | $1.9M | 0.0 mi |
| City National Bank & Trust Oklahoma City | $1.9M | 0.2 mi |
| MidFirst Bank Oklahoma City | $1.9M | 0.3 mi |
| F & M BANCSHARES, INC. Oklahoma City | $33.6M | 0.4 mi |
| CU One of Oklahoma Oklahoma City | $1.9M | 0.5 mi |
| Municipal Employee's Credit Union of Oklahoma City Oklahoma City | $9.2M | 0.7 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Employees in its retirement plan (2024 Form 5500) | 174 |
| Industry revenue per employee | $273K |
| Revenue = employees × revenue per employee | $70.2M |
| EBITDA margin (industry, adjusted for size) | 45% |
| EBITDA = revenue × margin | $31.6M |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $45.9M – $86.0M |
| EBITDA range | $20.6M – $38.7M |
| 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. These are statistical estimates, not reported financials. Listing details come from the company's Form 5500 retirement-plan filing. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Midstate Bancorp, Inc.
Midstate Bancorp, Inc. is a banks & credit unions company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $70.2M, with roughly $31.6M of EBITDA. It has about 174 employees.
Common questions
- Who owns Midstate Bancorp, Inc.?
- The owner of Midstate Bancorp, Inc. 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 Midstate Bancorp, Inc. make?
- SeeBITDA estimates Midstate Bancorp, Inc.'s annual revenue at about $70.2M (likely between $45.9M and $86.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Midstate Bancorp, Inc. have?
- About 174, from its 2024 retirement-plan filing.