Omb Bank
Headquarters
3570 S National Ave
Springfield, MO 65807
See all branch locations →
Phone (417) 869-9000
2024 Overview
General Bank Information
Omb Bank is an FDIC insured institution located in Springfield, MO. It was founded in 1883 and has approximately $1.51 billion in assets. Customers can open an account at one of its 6 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 8252 |
| Date Established | 1883 |
| Assets | $ 1,511.47 million |
| Loans | $ 1,291.63 million |
| Deposits | $ 1,282.23 million |
| Capital | $ 124.66 million |
For a more detailed analysis of Omb Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - April 23, 2024
Your Current Location: Ohio, OH 43085
| CD Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| 12 Mo CD
|
5.08% | $5,000 | $250,000 |
Learn More
|
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| OMB Rewards Checking | 2.01% | $0 | $0.00 | Learn More |
Loan Rates - April 23, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Omb Bank
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Monthly Payment |
Learn More |
|---|---|---|---|---|
NMLS ID: 2059741 |
6.994% |
6.875% 0.63 points $3,885 fees |
$2,103 | Learn More |
NMLS ID: 3030 |
7.451% |
7.375% 0.75 points $2,400 fees |
$2,211 | Learn More |
NMLS ID: 491986 |
points fees |
Learn More | ||
NMLS ID: Not a Lender |
points fees |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to Omb Bank
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Omb Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
Omb Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
Add Your Review
or use your BestCashCow account
or
Financial Details
Omb Bank Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Omb Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.
Texas Ratio
| Omb Bank | U.S. Bank Average |
|---|---|
| 4.67% | 3.96% |
The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.
As of December 31, 2024, Omb Bank had $6,577,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $124,660,000 in equity and $16,072,000 in loans loss reserves. That gives it a Texas Ratio of 4.67%.
Return on Equity
| Omb Bank | U.S. Bank Average |
|---|---|
| 13.51% | 12.20% |
Omb Bank has a Return on Equity of 13.51% versus the BestCashCow average of 12.20%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.
Capitalization
| Omb Bank | U.S. Bank Average |
|---|---|
| 8.25% | 10.76% |
Omb Bank has a Capitalization of 8.25% versus the BestCashCow average of 10.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.
Omb Bank Balance Sheet Analysis
As of December 31, 2023, Omb Bank had assets of $1,511,465,000, loans of $1,291,632,000, and deposits of $1,282,234,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.
Summary Balance Sheet
December 31, 2024| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 131.15 million |
| Interest-bearing balances | $ 120.05 million |
| Total securities | $ 32.46 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 1,291.63 million |
| Loan loss allowance | $ 16.07 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 2.25 million |
| All other assets | $ 21.47 million |
| Total Assets | $ 1,386.81 million |
| LIABILITIES | |
|---|---|
| Total deposits | $ 1,282.23 million |
| Interest-bearing deposits | $ 1,187.76 million |
| Deposits held in domestic offices | $ 1,282.23 million |
| % insured (estimated) | 60.76% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 60.00 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 3.99 million |
| Total Liabilities | $ 1,386.81 million |
| Shareholders’ Equity | $ 124.66 million |
Summary Income Statement
December 31, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 82.67 million |
| Total Interest Expense | $ 38.63 million |
| Net interest income | $ 44.03 million |
| Provision for loan and lease losses | $ 4.67 million |
| Total non interest income | $ 8.70 million |
| Total non interest expense | $ 27.76 million |
| Pre-tax Net Operating Income | $ 7.01 million |
Bank Loan Profile?
The top three loan types in Omb Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.
Compared to other banks, Omb Bank’s loan portfolio does not show any specific loan specialty.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
| % Loans |
% Comparison to Other Banks |
|||
|---|---|---|---|---|
| Low | Med | High | ||
| 1-4 Family Residential Loans | 8.87 | ✓ | ||
| Multifamily Mortgages |
4.26 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.35 | ✓ | ||
| Small Business Loans | 4.20 | ✓ | ||
| Construction and Development Loans | 3.78 | ✓ | ||
| Commercial Real Estate | 23.10 | ✓ | ||
| Commercial and Industrial Loans | 11.04 | ✓ | ||
| Farm Loans | 5.80 | ✓ | ||
Omb Bank's History
For nearly 25 years, OMB has had a commitment to providing excellent service and building strong relationships.
At OMB, you will experience community banking at its best. You will work directly with the experienced professionals as they listen and learn what banking products and services suit your needs. While we believe in old-fashioned customer support, we welcome new technologies that streamline our customers' day-to-day transactions and make your banking more convenient.
*Should any logos, images or public notes appear on this page,they do so courtesy of Omb Bank and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.
Customer Reviews for Omb Bank
There are currently no comments for Omb Bank. Be the first to share your experience. Please provide comments that will help others.
Add Your Review
or use your BestCashCow account