National Bank of Sallisaw, Financial Information

AboutNational Bank of Sallisaw

 Address:
1000 South Kerr Boulevard
Sallisaw,OK
Sequoyah County,Oklahoma
 Established:
Apr 1928
 Number of domestic offices:
3
Agriculture bank
Total assets$121M
Net income$1M
Net income,quarterly$0M
Total deposits$107M
Domestic deposits$107M
Equity capital$14M
ROA1.11%
ROAQ,quarterly1.22%
ROA,pretax1.22%
ROAQ,quarterly,pretax1.86%
ROE9.35%
ROEQ,quarterly10.26%
UpdatedApr 11, 2013

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.

It was during the spring of 1928 when the hopes and aspirations of merchants were realized. To fill the much needed void for a bank in town, Sallisaw State Bank came into existence. The bank grew slowly, but steadily, making loans to farmers and local merchants.

Looking back on the history of the Sallisaw State Bank it reveals tremendous steady growth. The day the bank's purchase was made public, its resources and liabilities were also made public. Resources were listed at $353,611.86. Just over 12 years earlier when the bank opened its doors to the community for the first time resources had been $148,734.71. In 1965, in a condensed statement of the condition of Sallisaw State Bank, holdings were listed at $5,437,437.70, for an increase of $5,288,702.99 over the funds available at the bank's inception.

1997 saw yet another infusion of banking services offered to banks prized customers, banks parents and grandparents. The introduction of the new Prestige Platinum Club checking account. This being offered to our family of friends who are age 50 and older, to continue the travels of senior citizens, and the bank down the road of success.

In October, 2001, National Bank opened a full service branch in Roland, Oklahoma. The Roland Banking Center offers full service banking to customers in the Roland area.

Address: 1000 S. Kerr Blvd
Phone: 918.775.5501

Hours of Operation:
Main Lobby:
Mon - Thr 8:00am till 4:00pm
Fri 8:00am till 5:00pm

Drive Thru:
Mon - Fri 7:00am till 6:00pm
Sat 8:00am till 12:00pm (noon)