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Welch State Bank of Welch, Okla.
Welch State Bank of Welch, Okla.
RSSD ID 416656 | CERTIFICATE 9472 | ABA NUMBER 103104942 |
396 S Commercial St |
Quarter Ended : |
2025-03-31 |
Welch, Oklahoma, 74369 |
Updated : |
2025-04-28 |
https://www.welchstatebank.com |
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Institution Profile |
Year Opened : |
1923 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
Yes |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Agricultural Specialization |
Number of Offices : |
6 |
Number of Employees : |
107 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 423,535 |
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Total Interest Income | 6,090 |
Total Liabilities | 386,226 |
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Total NonInterest Income | 1,143 |
Total Bank Equity Capital | 37,309 |
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Total Interest Expense | 1,897 |
Total Deposits | 368,235 |
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Total NonInterest Expense | 3,685 |
Net Loans & Leases | 278,980 |
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Net Income | 1,496 |
Loan Loss Allowance | 4,843 |
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Net Charge Offs | (20) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 245,348 |
Total assets for the leverage ratio | 417,964 |
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Loans secured by real estate: | 162,610 |
Tier 1 Leverage Ratio | 10.29 |
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Commercial and industrial loans | 23,172 |
Off Balance Sheet Exposures (%) | 3.89 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 22,316 |
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