Central Bank of Lake of the Ozarks

Headquarters

3848 Osage Beach Parkway
Osage Beach, MO 65065
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Central Bank of Lake of the Ozarks is an FDIC insured institution located in Osage Beach, MO. It was founded in 1906 and has approximately $0.77 billion in assets. Customers can open an account at one of its 10 branches.

FDIC Insured Yes
FDIC Certificate # 11000
Date Established 1906
Assets $ 774.01 million
Loans $ 468.17 million
Deposits $ 664.30 million
Capital $ 72.69 million
 

For a more detailed analysis of Central Bank of Lake of the Ozarks's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Central Bank of Lake of the Ozarks

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




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Note to Central Bank of Lake of the Ozarks
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Branches

Central Bank of Lake of the Ozarks 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:
Fairfield,Connecticut


Central Bank of Lake of the Ozarks Locations


Financial Details

Central Bank of Lake of the Ozarks Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Central Bank of Lake of the Ozarks. 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
Central Bank of Lake of the Ozarks U.S. Bank Average
2.18% 6.94%

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 March 31, 2020, Central Bank of Lake of the Ozarks had $1,729,000 in non-current loans and $37,000 in owned real estate. To cover these potential losses it had $72,693,000 in equity and $8,363,000 in loans loss reserves. That gives it a Texas Ratio of 2.18%.

Return on Equity
Central Bank of Lake of the Ozarks U.S. Bank Average
18.7% 7.80%

Central Bank of Lake of the Ozarks has a Return on Equity of 18.7% versus the BestCashCow average of 7.80%. 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
Central Bank of Lake of the Ozarks U.S. Bank Average
9.39% 12.68%

Central Bank of Lake of the Ozarks has a Capitalization of 9.39% versus the BestCashCow average of 12.68. 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.

Central Bank of Lake of the Ozarks Balance Sheet Analysis

As of March 31, 2020, Central Bank of Lake of the Ozarks had assets of $774,008,000, loans of $468,165,000, and deposits of $664,304,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 17.16 million
Interest-bearing balances $ 8.78 million
Total securities $ 266.02 million
Federal funds sold and reverse repurchase $ 4.52 million
Net loans and leases $ 468.17 million
Loan loss allowance $ 8.36 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.04 million
Goodwill and other intangibles $ 3.86 million
All other assets $ 8.07 million
     Total Assets $ 701.32 million
LIABILITIES
Total deposits $ 664.30 million
      Interest-bearing deposits $ 452.89 million
      Deposits held in domestic offices $ 664.30 million
      % insured (estimated) 80.87%
Federal funds purchased and repurchase agreements $ 9.46 million
Trading liabilities N.A.
Other borrowed funds $ 24.00 million
Subordinated debt N.A.
All other liabilities $ 3.55 million
      Total Liabilities $ 701.32 million
      Shareholders’ Equity $ 72.69 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 7.95 million
Total Interest Expense $ 0.89 million
Net interest income $ 7.06 million
Provision for loan and lease losses $ 0.15 million
Total non interest income $ 2.90 million
Total non interest expense $ 5.44 million
Pre-tax Net Operating Income $ 4.37 million

Bank Loan Profile?

The top three loan types in Central Bank of Lake of the Ozarks’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Missouri, Central Bank of Lake of the Ozarks has a significantly higher percent of Credit Card Loans, Small Business Loans, Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 36.20
Multifamily
Mortgages
3.31
Credit Card Loans 1.25
Consumer Auto Loans 1.64
Small Business Loans 16.17
Construction and Development Loans 11.84
Commercial Real Estate 31.04
Commercial and Industrial Loans 7.59
Farm Loans 0.33

Frequently Asked Questions About Central Bank Of Lake Of The Ozarks

Branches and Savings

Is Central Bank Of Lake Of The Ozarks FDIC insured?

Yes. It is covered under FDIC Certificate #11000.

Why does Central Bank Of Lake Of The Ozarks pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Central Bank Of Lake Of The Ozarks CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Central Bank Of Lake Of The Ozarks a commercial bank?

Yes

Where are Central Bank Of Lake Of The Ozarks locations?

See branch locations nearby.

Is Central Bank Of Lake Of The Ozarks open on Saturdays?

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Are Central Bank Of Lake Of The Ozarks ATMs Open 24/7?

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Can Central Bank Of Lake Of The Ozarks customers use other ATMs?

Do Central Bank Of Lake Of The Ozarks branches have notaries?

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Will the Central Bank Of Lake Of The Ozarks branch print checks?

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Does Central Bank Of Lake Of The Ozarks require US citizenship to open account?

Can Central Bank Of Lake Of The Ozarks close my account?

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Does Central Bank Of Lake Of The Ozarks Use Equifax?

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Products

Does Central Bank Of Lake Of The Ozarks offer mortgages?

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Does Central Bank Of Lake Of The Ozarks offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Central Bank Of Lake Of The Ozarks offer personal loans?

Compare personal loan rates here.

Does Central Bank Of Lake Of The Ozarks offer student loans?

Will Central Bank Of Lake Of The Ozarks cash a check?

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Does Central Bank Of Lake Of The Ozarks cash savings bonds?

Will Central Bank Of Lake Of The Ozarks cash money orders?

Can Central Bank Of Lake Of The Ozarks issue a money order?

Does Central Bank Of Lake Of The Ozarks do currency exchange?

Background on The Bank

Who owns Central Bank Of Lake Of The Ozarks?

How long has Central Bank Of Lake Of The Ozarks been around?

Can Central Bank Of Lake Of The Ozarks transfer to other banks?

Does Central Bank Of Lake Of The Ozarks have quick pay?

Does Central Bank Of Lake Of The Ozarks accept rolled coins?

Will Central Bank Of Lake Of The Ozarks accept loose change?

Where is Central Bank Of Lake Of The Ozarks headquarters?

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