Old Glory Bank
Elmore City, Oklahoma · FDIC Cert #18924
This is the FDIC profile for Old Glory Bank, an FDIC-insured bank (Certificate #18924) with $140M in total assets and $129M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Elmore City, Oklahoma, the bank maintains a Tier 1 capital ratio of 84.87% (Well-Capitalized) and a nonperforming loan ratio of 4.32%. BankHealthData assigns a composite Health Grade of C (64/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Old Glory Bank (FDIC cert 18924) is a community bank — $140M in total assets, $129M in deposits, serving the Elmore City, Oklahoma area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 84.87% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 4.32% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is very high: 75.5% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is negative: ROA of -11.44% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Old Glory Bank carries a composite BankHealth grade of C (64/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Old Glory Bank
- Total Assets
- $140M
- Total Deposits
- $129M
- Tier 1 Capital Ratio
- 84.87%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 4.32%
- Liquidity Ratio
- 75.46%
- Return on Assets
- -11.44%
- Headquarters
- Elmore City, Oklahoma
- FDIC Certificate
- #18924
- Health Grade
- C (64/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Old Glory Bank files quarterly Call Reports with the FDIC under Certificate #18924. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
Track Old Glory Bank
Subscribe for BankHealthData updates by email. No spam, unsubscribe anytime.
Capital & Safety Analysis
According to FDIC financial data, Old Glory Bank holds a Tier 1 capital ratio of 84.87%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Old Glory Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Old Glory Bank shows average financial health. While not alarming, its Health Score of 64/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Old Glory Bank Compares
Old Glory Bank’s Health Score of 64 is 13 points below the Oklahoma state average of 77 across 141 FDIC-insured banks. Its 84.87% Tier 1 capital ratio is 70.9 points above the US banking industry average near 14%. The 4.32% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of -11.44% is below the national ROA benchmark of ~1.1%. Among 1322 similarly-sized banks, the average Health Score is 82, meaning this bank ranks below its size cohort. Site-wide, Old Glory Bank is 16 points below the portfolio average of 80.
Frequently Asked Questions
Old Glory Bank has a Bank Health Score of C (64/100), placing it in average financial health. It holds a Tier 1 capital ratio of 84.87%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Old Glory Bank's Tier 1 capital ratio of 84.87% and nonperforming loan ratio of 4.32% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Old Glory Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #18924). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Old Glory Bank holds $140M in total assets and $129M in total deposits. It is headquartered in Elmore City, Oklahoma (FDIC Certificate #18924).
Old Glory Bank's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #18924 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Old Glory Bank has a Tier 1 capital ratio of 84.87%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 4.32%, and the return on assets is -11.44%.
Yes. Old Glory Bank is FDIC-insured (Certificate #18924). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Old Glory Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.