First Texoma National Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

First Texoma National Bank has a growing tradition that dates back over 100 years. The bank began as The First National Bank and opened for business on Monday, July 11, 1898. A red brick landmark, located on the southwest corner of Main and Third streets, raised in 1897-98 housed The First National Bank until the end of World War I.

After moving to the corner of Main and Second Streets for a time, The First National Bank is now located on the northeast corner of Main and Third Streets, across from its original location. February 1942, the bank celebrated the opening of the bank in a new cream-colored, pressed brick building.

In 1982, The First National Bank opened the Motor Bank at the corner of Main and Fifth streets. The facility featured a new service for Durant residents, an ATM. The full service Northwest Heights Branch at 19th and University began operating in 1986. A remodel and expansion to the branch was completed in the spring of 2003 to accommodate a larger lending staff. Two major expansions have occurred since 1991 at the main branch, and the exterior was completely refurbished in 1994. The Boswell Bank was added to The First National family in August, 1997. The President is Durant native, Nathan Morrison.

“Texoma” was added to the name in December of 2004 to better reflect the region served. Two banks in Sherman, Texas located at 2626 Loy Lake Road and 3425 Hwy 1417 were also added to the banking family. First Texoma National Bank has over a 100-year history of being a steadfast and progressive financial institution. The Directors, Officers, and staff pledge to continue first-class service to its communities for many years to come.

Boswell, Oklahoma
615 Hunter Ave
Boswell, OK 74727
(580) 566-2226

Durant, Oklahoma
220 West Main
Durant, OK 74701
(580) 924-4242

Durant, Oklahoma
420 West Main
Durant, OK 74701
(580) 924-4244

Durant, Oklahoma
1825 West University
Durant, OK 74701
(580) 924-4245

Sherman, Texas
2626 Loy Lake Road
Sherman, TX 75091
(903) 813-4898

Sherman, Texas
3425 Heritage Parkway (Hwy 1417)
Sherman, TX 75092
(903) 957-949