First Bank & Trust Co.
Duncan, Oklahoma, Stephens County
$952M in total assets, the 1,109th largest of 4,309 US banks and 27th of 171 headquartered in Oklahoma.
- FDIC certificate
- 27394
- Established
- 1988
- Owned by
- No holding company
- Primary regulator
- FDIC
- Website
- www.fb247.com
At a glance
Compared with 105 banks headquartered in Oklahoma with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $952M | 98% | $317M | |
| Loans | $710M | 96% | $199M | |
| Deposits | $802M | 96% | $269M | |
| Return on assets | 2.39% | 92% | 1.39% | |
| Net interest margin | 4.66% | 73% | 4.21% | |
| Efficiency ratio | 54.4% | 28% | 60.9% | |
| Equity to assets | 15.26% | 90% | 10.25% | |
| Loans to deposits | 89% | 69% | 80% |
Growth
Total assets grew 4.4% a year over the last 5 years and 5.0% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2024 | The First National Bank of Lindsay Lindsay, OK | $114M |
| Jun 2021 | Stroud National Bank Stroud, OK | $93M |
| Apr 2008 | The Waurika National Bank Waurika, OK | $17M |
| Dec 1999 | Lincoln Bank & Trust Company Ardmore, OK | $41M |
| Jan 1994 | Bank of Healdton Healdton, OK | $24M |
| Dec 1988 | First Bank & Trust Co. Duncan, OK | $42M |
Where they operate
14 branches in 8 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Stephens County, OK | $344M | 25.1% | 2 of 10 |
| Carter County, OK | $215M | 13.3% | 5 of 8 |
| Lincoln County, OK | $73M | 9.2% | 3 of 5 |
| Cleveland County, OK | $60M | 1.0% | 17 of 28 |
| Garvin County, OK | $41M | 3.8% | 6 of 11 |
| Jefferson County, OK | $33M | 17.1% | 3 of 5 |
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 4 branches since 2016 (10 to 14, +40.0%). 1 opened, 4 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 10 | |||
| 2016 | Opened Edmond | 1 | 0 | +1 | 11 |
| 2018 | Closed Yukon | 0 | 1 | −1 | 10 |
| 2021 | Acquired Stroud National Bank | 3 | 0 | +3 | 13 |
| 2024 | Acquired The First National Bank of Lindsay | 1 | 0 | +1 | 14 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 38% | 27% | |
| 1-4 family residential | 27% | 25% | |
| Construction and land | 15% | 9% | |
| Multifamily | 6% | 2% | |
| Farmland | 6% | 8% | |
| Business (C&I) | 5% | 14% | |
| Consumer | 3% | 4% | |
| Agricultural | 1% | 8% | |
| Other | 0% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 53% | 43% | |
| Noninterest-bearing | 27% | 23% | |
| Time deposits | 20% | 34% |
Brokered deposits are 0.0% of deposits (peers 5.3%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 5.22% | 0.67% |
| Net charge-offs, annualized | 0.68% | 0.02% |
| Reserves to loans | 1.30% | 1.34% |
| Leverage ratio | 14.89% | 10.77% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Oklahoma
Largest competitors in Stephens 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/banks/first-bank-trust-duncan-ok