Central Bank of The Ozarks
Our records indicate that this bank has been acquired by The Central Trust Bank.
Headquarters
1800 South Glenstone Avenue
Springfield, MO 65804
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2024 Overview
General Bank Information
Central Bank of The Ozarks is an FDIC insured institution located in Springfield, MO. It was founded in 1956 and has approximately $1.92 billion in assets. Customers can open an account at one of its 22 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 17633 |
| Date Established | 1956 |
| Assets | $ 1,845.87 million |
| Loans | $ 1,219.97 million |
| Deposits | $ 1,648.46 million |
| Capital | $ 179.92 million |
For a more detailed analysis of Central Bank of The Ozarks's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - April 18, 2024
Your Current Location: Ohio, OH 43085
Loan Rates - April 18, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Central Bank of The Ozarks
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: 3030 |
7.350% |
7.250% 1.00 points $3,200 fees |
$2,183 | Learn More |
NMLS ID: 1907 |
points fees |
Learn More | ||
NMLS ID: Not a Lender |
points fees |
Learn More | ||
NMLS ID: 491986 |
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 Central Bank of The Ozarks
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Branches
Central Bank 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:
Columbus,Ohio
Climate Policy and Initiatives
Central Bank of The Ozarks is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
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Financial Details
Central Bank of The Ozarks Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Central Bank 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 The Ozarks | U.S. Bank Average |
|---|---|
| 0.34% | 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, Central Bank of The Ozarks had $674,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $179,921,000 in equity and $18,816,000 in loans loss reserves. That gives it a Texas Ratio of 0.34%.
Return on Equity
| Central Bank of The Ozarks | U.S. Bank Average |
|---|---|
| 14.65% | 12.20% |
Central Bank of The Ozarks has a Return on Equity of 14.65% 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
| Central Bank of The Ozarks | U.S. Bank Average |
|---|---|
| 9.75% | 10.76% |
Central Bank of The Ozarks has a Capitalization of 9.75% 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.
Central Bank of The Ozarks Balance Sheet Analysis
As of September 30, 2021, Central Bank of The Ozarks had assets of $1,922,676,000, loans of $1,219,973,000, and deposits of $1,648,456,000. 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 | $ 278.40 million |
| Interest-bearing balances | $ 244.80 million |
| Total securities | $ 362.22 million |
| Federal funds sold and reverse repurchase | $ 6.97 million |
| Net loans and leases | $ 1,219.97 million |
| Loan loss allowance | $ 18.82 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 7.00 million |
| All other assets | $ 23.73 million |
| Total Assets | $ 1,742.76 million |
| LIABILITIES | |
|---|---|
| Total deposits | $ 1,648.46 million |
| Interest-bearing deposits | $ 999.55 million |
| Deposits held in domestic offices | $ 1,648.46 million |
| % insured (estimated) | 76.74% |
| Federal funds purchased and repurchase agreements | $ 24.51 million |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 56.00 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 13.79 million |
| Total Liabilities | $ 1,742.76 million |
| Shareholders’ Equity | $ 103.11 million |
Summary Income Statement
December 31, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 41.72 million |
| Total Interest Expense | $ 2.16 million |
| Net interest income | $ 39.56 million |
| Provision for loan and lease losses | $ 0.78 million |
| Total non interest income | $ 20.14 million |
| Total non interest expense | $ 33.91 million |
| Pre-tax Net Operating Income | $ 25.01 million |
Bank Loan Profile?
The top three loan types in Central Bank of The Ozarks’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.
Compared to other banks in Missouri, Central Bank of The Ozarks has a significantly higher percent of Multifamily Mortgages, Consumer Auto Loans, Commercial Real Estate 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 | 20.12 | ✓ | ||
| Multifamily Mortgages |
8.71 | ✓ | ||
| Credit Card Loans | 0.93 | ✓ | ||
| Consumer Auto Loans | 12.20 | ✓ | ||
| Small Business Loans | 5.11 | ✓ | ||
| Construction and Development Loans | 8.63 | ✓ | ||
| Commercial Real Estate | 31.13 | ✓ | ||
| Commercial and Industrial Loans | 12.63 | ✓ | ||
| Farm Loans | 1.35 | ✓ | ||
Customer Reviews for Central Bank of The Ozarks
tom.whitney@furniturerow.,com
December 22, 2016
My mother passed away in August, 2016. I was designated as her trustee and had to set up two accounts. One of the accounts was for my sister and I was named the trustee. I went to my branch of Central Bank of the Ozarks in Nixa and met with a young lady to set these accounts up. I had never been involved in this type of thing before and had no clue about everything that was needed to set these accounts up. Alison Doran spent the time necessary with me and walked me through each step on the various accounts. This was a difficult time for myself and my family and she took the time with me and demonstrated more compassion for our family than both my lawyer or any of the insurance companies had. I have had several questions and needed direction from her since opening the accounts and she is always eager to help me. She is a good balance of professionalism and caring customer service. I am a Regional Manager of a furniture company and deal with customers on a daily basis so I am very aware of what it takes to handle customer issues and follow through to satisfy my customers. I was so pleased with Alison's efforts that I actually tried to recruit her to my company as a Store Manager Trainee. She made sure that I knew that she loved her employer and is looking forward to her career with Central Bank. I have shared my positive experiences with my staff and will continue to refer your bank and especiall Alison Doran to anyone who asks.
Thanks again Alison.
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