Question 1

What is Ameristate Bank?

Accepted Answer

Ameristate Bank is a family-owned community bank headquartered in Atoka, Oklahoma. With assets exceeding $450 million and seven full-service branches across southeastern Oklahoma and North Texas, the bank specializes in agriculture lending, small business banking, and residential and commercial real estate services. Operating under the slogan "A Bank That Friends Built," Ameristate Bank emphasizes relationship banking and personalized customer service. The bank is a state-chartered commercial bank and a member of the Federal Reserve System, operating as an S-Corporation.

Question 2

When was Ameristate Bank founded?

Accepted Answer

Ameristate Bank was originally founded as Atoka State Bank on August 16, 1906, before Oklahoma achieved statehood. The charter of operation was granted in Federal Court at Fort Smith, Arkansas, because Atoka was located in Indian Territory at the time and fell under federal jurisdiction.

The original officers were President T.F. Memminger and Vice President John Ray. Construction of the first bank building began in 1905, overseen by building owners John Ray, S.B. Scratch, T.F. Memminger, and A.S. Burrows. Upon completion in 1906, Atoka State Bank opened for business on the northwest corner of East Court and Ohio Streets.

The bank remained under the leadership of the Memminger and Ray families until 1929 when it was sold to Hugh Halsell. In November 1940, C.C. Stephens of Walters, Oklahoma, purchased the bank and served as President until 1958. C.A. "Barney" McCall, who began working at the bank in 1933, was elected President in 1958 and later purchased Stephens' interest in 1967. He served until his passing in 2002.

Following changes in Oklahoma's branch banking laws, the bank officially changed its name to Ameristate Bank on May 30, 2001, reflecting its vision to compete more broadly in financial markets beyond Atoka.

Question 3

Where is Ameristate Bank headquartered?

Accepted Answer

Ameristate Bank is headquartered in Atoka, Oklahoma, at 131 South Pennsylvania Avenue. Atoka serves as the county seat of Atoka County in southeastern Oklahoma. The bank has maintained its headquarters in Atoka since its founding in 1906, having relocated to its current facility in 1964.

Question 4

Where does Ameristate Bank operate?

Accepted Answer

Ameristate Bank operates seven full-service branches across southeastern Oklahoma and North Texas, serving the Texomaland region:

Oklahoma locations:
• Atoka (headquarters and south branch locations)
• Antlers (Pushmataha County) - opened June 2001
• Hugo (Choctaw County) - opened 2021
• Tishomingo (Johnston County) - opened 2021

Texas locations:
• Sherman (North Texas) - opened June 2008
• Pottsboro (North Texas) - opened 2025

The bank's service area spans multiple counties in southeastern Oklahoma and extends across the Red River into North Texas, focusing on rural and small-town communities.

Question 5

What services does Ameristate Bank offer?

Accepted Answer

Ameristate Bank provides a comprehensive range of banking services tailored to its rural and small-town customer base:

Personal Banking:
• Checking and savings accounts
• Certificates of deposit
• Consumer loans
• Residential mortgages
• Credit services

Commercial Banking:
• Small business lending
• Agricultural financing and farm loans
• Commercial real estate loans
• Business checking and savings accounts

Specialized Lending:
• FSA (Farm Service Agency) partnership programs
• USDA (United States Department of Agriculture) loan programs
• SBA (Small Business Administration) financing

Digital Banking Services:
• ASB Everywhere mobile banking app for iOS and Android
• Online banking platform
• Mobile check deposit
• Bill pay services
• Account transfers
• Real-time balance checking
• 24-hour phone banking
• E-statements

The bank emphasizes its expertise in agriculture lending, reflecting its roots in rural Oklahoma communities.

Question 6

What makes Ameristate Bank unique?

Accepted Answer

Ameristate Bank stands out for several distinctive characteristics:

Multi-Generational Family Leadership: The bank has been led by the McCall family for over 90 years, with current leadership including Charles McCall III (CEO and Chairman), Clay McCall (President), and Charles McCall Sr. (Executive Vice President). This continuity has fostered deep community relationships spanning multiple generations.

Century-Plus Community Focus: Operating continuously since 1906, the bank has cultivated customer relationships that extend across generations. Many customers have remained loyal year after year, generation after generation, truly embodying the bank's slogan "A Bank That Friends Built."

Agricultural Expertise: Ameristate Bank specializes in agricultural lending and maintains partnerships with federal agencies like the FSA and USDA, positioning itself as a trusted financial partner for farming and ranching operations in southeastern Oklahoma.

Strategic Regional Expansion: Rather than rapid growth, the bank has pursued measured expansion into carefully selected communities that align with its relationship-banking philosophy, crossing state lines into North Texas while maintaining its community bank character.

Strong Financial Performance: The bank maintains solid financial metrics with a Return on Assets (ROA) of 1.23% and Return on Equity (ROE) of 12.78%, demonstrating effective management and profitability.

Question 7

What type of financial institution is Ameristate Bank?

Accepted Answer

Ameristate Bank is a state-chartered commercial bank with a focus on community banking. It is regulated by the Federal Reserve as a member bank and is organized as an S-Corporation owned by Atoka State Bancorporation, Inc., a one-bank holding company.

As a commercial bank, Ameristate Bank accepts deposits, makes loans, and provides a full range of banking services to individuals, small businesses, and agricultural operations. Its community bank designation reflects its local ownership, relationship-based approach, and commitment to serving the specific financial needs of southeastern Oklahoma and North Texas communities. The bank does not exercise fiduciary powers but specializes in commercial lending, particularly in agriculture and small business sectors.

Question 8

What is the history of the McCall family leadership?

Accepted Answer

The McCall family has been integral to Ameristate Bank's success for over 90 years. C.A. "Barney" McCall began working for the bank in April 1933, during the depths of the Great Depression, and was elected President in 1958. He guided the bank through decades of growth and stability until his passing in November 2002.

His son, Charles A. McCall, assumed the positions of President and CEO from 1981 to 2006, continuing the family's leadership legacy. Under his guidance, the bank navigated significant changes in Oklahoma banking laws that permitted branch banking, leading to the name change to Ameristate Bank in 2001 and subsequent expansion beyond Atoka.

Today, the third generation leads the bank with Charles McCall III serving as CEO and Chairman of the Board, while his brother Clay McCall serves as President. Charles McCall Sr. continues to contribute as Executive Vice President. The McCall family's roots in Tishomingo extend back four generations, and they have conducted business in southeastern Oklahoma for over 115 years, emphasizing relationships and fair business dealing.

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