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The State Exchange Bank, Financial Information

AboutThe State Exchange Bank

 Address:
1280 Main Street
Lamont,OK
Grant County,Oklahoma
 Established:
Oct 1901
 Number of domestic offices:
1
Agriculture bank
Total assets$71M
Net income$1M
Net income,quarterly$0M
Total deposits$58M
Domestic deposits$58M
Equity capital$9M
ROA1.73%
ROAQ,quarterly2.02%
ROA,pretax2.02%
ROAQ,quarterly,pretax2.02%
ROE14.6%
ROEQ,quarterly17.11%
UpdatedMay 20, 2021

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.

The State Exchange Bank opened in Salt Fork, Oklahoma on October 1, 1901, and, as a result of circumstances brought about by the nation’s financial crisis in the early Thirties, was moved to Lamont in 1935. Since its beginning, the bank has remained a locally-owned independent community bank.

Main Office
1280 Main Street
Lamont, OK 74643
Telephone: 580-388-4345
Fax: 580-388-4376
TeleBank: 888-245-6089

Historical Data