[3][4] It is historically significant because it represents the economic growth and decline of Lehigh and exemplifies Late Victorian Renaissance architecture.

[2] On January 29, 1907, it was announced that the constructing contract for the bank's building had been awarded to Faudree Brothers of Atoka, Oklahoma.

[2] The new bank was built on the southwest corner of Katy Avenue and Main Street, and it was, architecturally, one of the most striking buildings in town.

[2] At the time it was built, the bank was located in Atoka County, a part of the Pushmataha District of the Choctaw Nation.

[5] The coal boom ended in the 1910s, as railroads switched to cheaper fuel oil to power their trains.

[2] During World War II, there was again a demand for coal in the area, and many of the town's buildings were torn down or moved so the ground underneath them could be readily mined.

[2] Along the roof of the building, there is a brick parapet on the north and east sides with a sandstone capstone and eight pilasters.