O'Bannon Banking Company

Headquarters

1347 South Ash Street
Buffalo, MO 65622
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 1.05% →
1-Year CD 0.75% 0.95% →
2-Year CD 1.10% 1.05% →
5-Year CD 1.26% 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

O'Bannon Banking Company is an FDIC insured institution located in Buffalo, MO. It was founded in 1905 and has approximately $0.22 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 8295
Date Established 1905
Assets $ 221.23 million
Loans $ 176.64 million
Deposits $ 193.78 million
Capital $ 20.22 million
 

For a more detailed analysis of O'Bannon Banking Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 25, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $1 - Learn More
Money Market
0.20% $1,000 $10,000 Learn More
Money Market
0.23% $1,000 $10,000 Learn More
Money Market
0.29% $10,001 $25,000 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.50% $1,000 - Learn More
6 Mo CD
0.60% $1,000 - Learn More
12 Mo CD
0.75% $1,000 - Learn More
18 Mo CD
0.95% $1,000 - Learn More
24 Mo CD
1.10% $1,000 - Learn More
36 Mo CD
1.16% $1,000 - Learn More
48 Mo CD
1.21% $1,000 - Learn More
60 Mo CD
1.26% $1,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.20% $1 - Learn MoreShow Less

Loan Rates - September 25, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for O'Bannon Banking Company

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,102 $1,021 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
3.500 %
$25,000 Learn More
More Info

Note to O'Bannon Banking Company
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Branches

O'Bannon Banking Company 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:
Ashburn,Virginia


O'Bannon Banking Company Locations


Financial Details

O'Bannon Banking Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of O'Bannon Banking Company. 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
O'Bannon Banking Company U.S. Bank Average
4.49% 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, O'Bannon Banking Company had $954,000 in non-current loans and $27,000 in owned real estate. To cover these potential losses it had $20,221,000 in equity and $1,635,000 in loans loss reserves. That gives it a Texas Ratio of 4.49%.

Return on Equity
O'Bannon Banking Company U.S. Bank Average
11.35% 7.80%

O'Bannon Banking Company has a Return on Equity of 11.35% 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
O'Bannon Banking Company U.S. Bank Average
9.14% 12.68%

O'Bannon Banking Company has a Capitalization of 9.14% 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.

O'Bannon Banking Company Balance Sheet Analysis

As of March 31, 2020, O'Bannon Banking Company had assets of $221,231,000, loans of $176,636,000, and deposits of $193,780,000. 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 $ 5.31 million
Interest-bearing balances $ 0.11 million
Total securities $ 23.22 million
Federal funds sold and reverse repurchase $ 6.86 million
Net loans and leases $ 176.64 million
Loan loss allowance $ 1.64 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.03 million
Goodwill and other intangibles N.A.
All other assets $ 2.22 million
     Total Assets $ 201.01 million
LIABILITIES
Total deposits $ 193.78 million
      Interest-bearing deposits $ 162.14 million
      Deposits held in domestic offices $ 193.78 million
      % insured (estimated) 87.97%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 6.30 million
Subordinated debt N.A.
All other liabilities $ 0.93 million
      Total Liabilities $ 201.01 million
      Shareholders’ Equity $ 20.22 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.70 million
Total Interest Expense $ 0.57 million
Net interest income $ 2.13 million
Provision for loan and lease losses $ 0.07 million
Total non interest income $ 0.14 million
Total non interest expense $ 1.47 million
Pre-tax Net Operating Income $ 0.73 million

Bank Loan Profile?

The top three loan types in O'Bannon Banking Company’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, O'Bannon Banking Company’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 28.91
Multifamily
Mortgages
4.99
Credit Card Loans 0.00
Consumer Auto Loans 0.52
Small Business Loans 0.00
Construction and Development Loans 6.59
Commercial Real Estate 20.85
Commercial and Industrial Loans 10.60
Farm Loans 7.04

Frequently Asked Questions About O'bannon Banking Company

Branches and Savings

Is O'bannon Banking Company FDIC insured?

Yes. It is covered under FDIC Certificate #8295.

Why does O'bannon Banking Company pay such low interest on savings accounts?

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

Why are O'bannon Banking Company CD rates not competitive?

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

Is O'bannon Banking Company a commercial bank?

Yes

Where are O'bannon Banking Company locations?

See branch locations nearby.

Is O'bannon Banking Company open on Saturdays?

Is O'bannon Banking Company open on Sundays?

What time does O'bannon Banking Company open?

What time does O'bannon Banking Company close?

Are O'bannon Banking Company ATMs Open 24/7?

Do O'bannon Banking Company ATMs accept cash deposits?

Can O'bannon Banking Company customers use other ATMs?

Do O'bannon Banking Company branches have notaries?

Will O'bannon Banking Company notarize my document?

What address for O'bannon Banking Company should I put for incoming ACH transfers?

Will the O'bannon Banking Company branch print checks?

Do O'bannon Banking Company checks expire?

Does O'bannon Banking Company require US citizenship to open account?

Can O'bannon Banking Company close my account?

Does O'bannon Banking Company Report to credit bureaus?

Does O'bannon Banking Company Use Equifax?

What is O'bannon Banking Company's ACH Routing Number?

What is O'bannon Banking Company's SWIFT code?

Products

Does O'bannon Banking Company offer mortgages?

Compare mortgage rates here.

Does O'bannon Banking Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does O'bannon Banking Company offer personal loans?

Compare personal loan rates here.

Does O'bannon Banking Company offer student loans?

Will O'bannon Banking Company cash a check?

Will O'bannon Banking Company redeem a savings bond?

Does O'bannon Banking Company cash savings bonds?

Will O'bannon Banking Company cash money orders?

Can O'bannon Banking Company issue a money order?

Does O'bannon Banking Company do currency exchange?

Background on The Bank

Who owns O'bannon Banking Company?

How long has O'bannon Banking Company been around?

Can O'bannon Banking Company transfer to other banks?

Does O'bannon Banking Company have quick pay?

Does O'bannon Banking Company accept rolled coins?

Will O'bannon Banking Company accept loose change?

Where is O'bannon Banking Company headquarters?

Customer Reviews for O'Bannon Banking Company


  • December 08, 2016 |

    CDs 60 Month Rates

    Not a handicap friendly bank at main office. Customers must walk long distance to reach teller windows far from entrance. CD rates could be improved. Putman County Bank has 1 percent better on larger 5 yr CD's which amounts to thousands of dollars more for the depositor.

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