Panhandle First Bank
Guymon, Oklahoma · FDIC Cert #22340
Panhandle First Bank is an FDIC-insured bank (Certificate #22340) with $513M in total assets and $419M in total deposits as of the Q2 2024 Call Report. Headquartered in Guymon, Oklahoma, the bank maintains a Tier 1 capital ratio of 15.22% (Well-Capitalized) and a nonperforming loan ratio of 2.40%. BankHealthData assigns a composite Health Grade of B (76/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Panhandle First Bank (FDIC cert 22340) is a community bank — $513M in total assets, $419M in deposits, serving the Guymon, 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 15.22% 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 2.40% 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 comfortable: 25.5% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is solid: ROA of 0.86% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. 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. Panhandle First Bank carries a composite BankHealth grade of B (76/100) 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: Panhandle First Bank
- Total Assets
- $513M
- Total Deposits
- $419M
- Tier 1 Capital Ratio
- 15.22%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 2.40%
- Liquidity Ratio
- 25.47%
- Return on Assets
- 0.86%
- Headquarters
- Guymon, Oklahoma
- FDIC Certificate
- #22340
- Health Grade
- B (76/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Panhandle First Bank holds a Tier 1 capital ratio of 15.22%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Panhandle First Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Panhandle First Bank shows strong financial health indicators. With $513M in assets and a Health Score of 76/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
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 Panhandle First Bank Compares
Panhandle First Bank’s Health Score of 76 is 12 points above the Oklahoma state average of 64 across 141 FDIC-insured banks. Its 15.22% Tier 1 capital ratio is 1.2 points above the US banking industry average near 14%. The 2.40% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.86% is below the national ROA benchmark of ~1.1%. Among 1449 similarly-sized banks, the average Health Score is 70, meaning this bank ranks above its size cohort. Site-wide, Panhandle First Bank is 6 points above the portfolio average of 70.
Frequently Asked Questions
Panhandle First Bank has a Bank Health Score of B (76/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 15.22%, 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. Panhandle First Bank's Tier 1 capital ratio of 15.22% and nonperforming loan ratio of 2.40% indicate a low 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 Panhandle First Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #22340). 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.
Panhandle First Bank holds $513M in total assets and $419M in total deposits. It is headquartered in Guymon, Oklahoma (FDIC Certificate #22340).
Panhandle First Bank has a Tier 1 capital ratio of 15.22%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.40%, and the return on assets is 0.86%.
Yes. Panhandle First Bank is FDIC-insured (Certificate #22340). 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 B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Panhandle First Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.