Welch State Bank of Welch, Okla.BanksForge
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Welch State Bank of Welch, Okla., Financial Information

About Welch State Bank of Welch, Okla.

 Address:
396 S Commercial Street
Welch, OK
Craig County, Oklahoma
 Established:
Oct 1923
 Number of domestic offices:
4
Agriculture bank
Total assets$295M
Net income$6M
Net income, quarterly$2M
Total deposits$259M
Domestic deposits$259M
Equity capital$34M
ROA1.89%
ROAQ, quarterly2.44%
ROA, pretax2.44%
ROAQ, quarterly, pretax2.44%
ROE17.82%
ROEQ, quarterly21.53%
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.

Welch State Bank was formed in August of 1923 as a result of the merging of Oklahoma State Bank of Welch and Bank of Welch.В Those banks had served the community for many years.

In the early 1990s Welch State Bank furthered their agricultural focus by becoming a Farm Service Agency Lender. Currently Welch State Bank is one of only a handful of Oklahoma banks to attain the Farm Service Agency Preferred Lender accreditation.

Welch State Bank is owned between the Stoner and Cousatte families, with total assets of approximately $200 Million. Welch State Bank offers a variety of banking products and services to meet customers needs.

Welch Location
396 S Commercial Street
PO Box 129
Welch, OK 74369
Phone 918-788-3373
Fax 918-788-3364

Miami Location
2525 N Main
PO Box 1620
Miami, OK 74355
Phone 918-542-2000
Fax 918-542-2032

South Coffeyville Location
306 Willow Street
PO Box 609
South Coffeyville, OK 74072
Phone 918-255-6611
Fax 918-255-6688

Historical Data