FNB Coweta is owned by Ulysses P. Phippin (President), according to public sources such as the company's website or filings.

How much revenue does FNB Coweta make?

FNB Coweta reported revenue of about $6.9M.

How many employees does FNB Coweta have?

About 18, from its 2025 retirement-plan filing.

When was FNB Coweta founded?

FNB Coweta has been in business since 1903.

FNB Coweta

Banks & credit unions

106 S Broadway, Coweta, OK
Since 1903
NAICS 5221

Company websitefnbcoweta.com Find on LinkedInSearch LinkedIn for this company

Reported revenueReported figures

$6.9M

$6.6Mlikely range$7.3M

Revenue

$6.9M

a year

Profit (EBITDA)

$2.3M

33% of revenue

Employees

—

not reported

Leadership

Ulysses P. Phippin

President · source · confirmed by 2 sources

W.S. Vernon
President · Company website
C.C. Hultquist
President · Company website
Lem Vernon
President · Company website
I.J. Vernon
President · Company website
Dan Garman
President · Company website

Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $6.9M

Based on FDIC call report (2025).

Reported revenue, FDIC call report (2025)$6.9M

× 33% profit margin$2.3M

· Own this business? Correct these figures

Employees over time

▲ 0% since 2020

401(k) / retirement-plan participants

Show as table

Year	Source	Employees	Est. revenue	Est. EBITDA
2020	Form 5500	18	$5.3M	$1.8M
2021	Form 5500	19	$5.6M	$1.9M
2022	Form 5500	17	$5.0M	$1.7M
2023	Form 5500	13	$3.8M	$1.3M
2024	Form 5500	16	$4.7M	$1.6M
2025	Form 5500	18	$5.3M	$1.8M

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

No PPP loan

401(k) filing, 2025

Reported financials

Company website

Owner named

What they do

FNB Coweta is a locally owned community bank in Coweta, OK, serving individuals and businesses in the Coweta area and surrounding communities since 1903.

Products & services

Commercial LendingCommercial Real Estate LoansOwner-Occupied RefinancingEquipment and Working CapitalConstruction Loans for Builders and DevelopersSBA LoansBusiness Deposit AccountsBusiness CheckingBusiness SavingsInsured Money Market AccountPersonal LoansMortgage Calculator

Markets served

Trade contractorsHome builders and developersCommercial buildersProfessional officesAgriculture and agricultural operationsLocal retail and service businessesManufacturing and industrialSole proprietors

Service area

CowetaBroken ArrowWagoner CountyOneta

Certifications

Member FDICEqual Housing Lender

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.

Home builders

SIMMONS HOMES, LLC · Owasso, 26 mi · $269.8M
SHAW HOMES, INC. · Broken Arrow, 12 mi · $240.3M
IRA M. GREEN CONSTRUCTION COMPANY · Claremore, 29 mi · $93.3M
FOREST RIDGE DEVELOPMENT · Broken Arrow, 8 mi · $61.8M
EXECUTIVE HOMES, LLC · Tulsa, 21 mi · $54.9M

Farms & ranches

DRUMMOND CATTLE LLC · Tulsa, 22 mi · $129.6M
BERRY & BERRY ACQUISITION · Tahlequah, 38 mi · $93.3M
LIVESAY ORCHARDS · Porter, 11 mi · $35.7M
GREEN ACRE SOD FARMS, INC · Bixby, 12 mi · $31.1M
SANDER'S NURSERY & DISBRIBUTION · Broken Arrow, 6 mi · $18.3M

Compared with similar businesses nearby

Business	Est. revenue	Est. profit	Distance
FNB Coweta this business	$6.9M	$2.3M	—
First National Bank of Coweta Coweta	$1.8M	$813K	0.1 mi
BancFirst Coweta	$1.8M	$813K	0.4 mi
RCB Bank Coweta	$1.8M	$813K	3.4 mi
Avb Bank (south Elm) Broken Arrow	$1.8M	$813K	8.6 mi
City National Bank & Trust Broken Arrow	$1.8M	$813K	8.9 mi
MidFirst Bank Broken Arrow	$1.8M	$813K	9.0 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	$6.6M – $7.3M
EBITDA range	$2.2M – $2.4M
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 1903

“On July 22, 1903 the First National Bank of Coweta officially opened its doors in a small frame building located on North Broadway.”

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 FIRST COWETA CORP

Revenue (2025)$6.9M

Pre-tax income$2.3M

Assets$124.3M

Deposits$113.5M

Employees20

Branches2

Established1903

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About FNB Coweta

FNB Coweta is a banks & credit unions company in Coweta, Oklahoma, in business since 1903. It is owned by Ulysses P. Phippin (President). Its reported annual revenue is about $6.9M, with roughly $2.3M of EBITDA. It has about 18 employees.

Common questions

Who owns FNB Coweta?: FNB Coweta is owned by Ulysses P. Phippin (President), according to public sources such as the company's website or filings.
How much revenue does FNB Coweta make?: FNB Coweta reported revenue of about $6.9M.
How many employees does FNB Coweta have?: About 18, from its 2025 retirement-plan filing.
When was FNB Coweta founded?: FNB Coweta has been in business since 1903.