Sovereign Bank
Shawnee, Oklahoma, Pottawatomie County
$1.5B in total assets, the 768th largest of 4,309 US banks and 17th of 171 headquartered in Oklahoma.
- FDIC certificate
- 25738
- Established
- 1984
- Owned by
- Sovereign Bcorp Inc
- Primary regulator
- FED
- Website
- WWW.BANKSOVEREIGN.COM
At a glance
Compared with 20 banks headquartered in Oklahoma with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.5B | 40% | $1.8B | |
| Loans | $1.2B | 50% | $1.4B | |
| Deposits | $1.2B | 50% | $1.2B | |
| Return on assets | 0.68% | 5% | 1.41% | |
| Net interest margin | 4.22% | 65% | 3.91% | |
| Efficiency ratio | 75.4% | 95% | 59.5% | |
| Equity to assets | 10.64% | 55% | 10.13% | |
| Loans to deposits | 101% | 90% | 94% |
Growth
Total assets grew 43.6% a year over the last 5 years and 19.2% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jul 2021 | The First State Bank Oklahoma City, OK | $421M |
| Jul 2006 | The Guarantee State Bank Lawton, OK | $54M |
Where they operate
9 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Pottawatomie County, OK | $609M | 32.7% | 1 of 10 |
| Oklahoma County, OK | $403M | 0.9% | 21 of 60 |
| Comanche County, OK | $74M | 3.3% | 8 of 10 |
| Hughes County, OK | $51M | 20.7% | 3 of 4 |
| Greer County, OK | $34M | 22.5% | 3 of 3 |
| Washita County, OK | $25M | 9.2% | 7 of 8 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 2 branches since 2016 (7 to 9, +28.6%). 1 opened, 3 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 7 | |||
| 2018 | Closed Shawnee | 0 | 1 | −1 | 6 |
| 2021 | Acquired The First State Bank | 3 | 0 | +3 | 9 |
| 2024 | Opened Edmond | 1 | 0 | +1 | 10 |
| 2025 | Closed Lawton | 0 | 1 | −1 | 9 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 40% | 36% | |
| Business (C&I) | 17% | 17% | |
| Construction and land | 15% | 12% | |
| 1-4 family residential | 13% | 19% | |
| Farmland | 4% | 3% | |
| Multifamily | 1% | 3% | |
| Consumer | 0% | 5% | |
| Agricultural | 0% | 2% | |
| Other | 9% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 65% | 50% | |
| Time deposits | 23% | 24% | |
| Noninterest-bearing | 11% | 26% |
Brokered deposits are 4.2% of deposits (peers 7.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.06% | 0.65% |
| Net charge-offs, annualized | -0.00% | 0.03% |
| Reserves to loans | 1.35% | 1.18% |
| Leverage ratio | 10.29% | 10.36% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Oklahoma
Largest competitors in Pottawatomie County, OK
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/sovereign