OMNIBANK, National Association

Headquarters

4328 Old Spanish Trail
Houston, TX 77021
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. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

OMNIBANK, National Association is an FDIC insured institution located in Houston, TX. It was founded in 1954 and has approximately $0.29 billion in assets.

FDIC Insured Yes
FDIC Certificate # 17325
Date Established 1954
Assets $ 285.24 million
Loans $ 165.27 million
Deposits $ 254.14 million
Capital $ 29.66 million
 

For a more detailed analysis of OMNIBANK, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 24, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 24, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for OMNIBANK, National Association

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
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 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
2.240 %
$0 Learn More
More Info

Note to OMNIBANK, National Association
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Branches

OMNIBANK, National Association 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


OMNIBANK, National Association Locations


Financial Details

OMNIBANK, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of OMNIBANK, National Association. 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
OMNIBANK, National Association U.S. Bank Average
61.97% 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, OMNIBANK, National Association had $14,495,000 in non-current loans and $7,153,000 in owned real estate. To cover these potential losses it had $29,659,000 in equity and $5,274,000 in loans loss reserves. That gives it a Texas Ratio of 61.97%.

Return on Equity
OMNIBANK, National Association U.S. Bank Average
-6.82% 7.80%

OMNIBANK, National Association has a Return on Equity of -6.82% 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
OMNIBANK, National Association U.S. Bank Average
10.4% 12.68%

OMNIBANK, National Association has a Capitalization of 10.4% 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.

OMNIBANK, National Association Balance Sheet Analysis

As of December 31, 2013, OMNIBANK, National Association had assets of $285,236,000, loans of $165,266,000, and deposits of $254,135,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 165.27 million
Loan loss allowance $ 5.27 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 7.15 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 254.14 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 285.24 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in OMNIBANK, National Association’s loan portfolio are Commercial Real Estate, Construction and Development Loans, and Commercial and Industrial Loans.

Compared to other banks in Texas, OMNIBANK, National Association has a significantly higher percent of Small Business Loans, Construction and Development 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 11.68
Multifamily
Mortgages
1.33
Credit Card Loans 0.00
Consumer Auto Loans 0.15
Small Business Loans 13.03
Construction and Development Loans 24.85
Commercial Real Estate 48.38
Commercial and Industrial Loans 14.79
Farm Loans 0.02

Frequently Asked Questions About Omnibank, National Association

Branches and Savings

Is Omnibank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #17325.

Why does Omnibank, National Association pay such low interest on savings accounts?

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

Why are Omnibank, National Association CD rates not competitive?

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

Is Omnibank, National Association a commercial bank?

Yes

Where are Omnibank, National Association locations?

See branch locations nearby.

Is Omnibank, National Association open on Saturdays?

Is Omnibank, National Association open on Sundays?

What time does Omnibank, National Association open?

What time does Omnibank, National Association close?

Are Omnibank, National Association ATMs Open 24/7?

Do Omnibank, National Association ATMs accept cash deposits?

Can Omnibank, National Association customers use other ATMs?

Do Omnibank, National Association branches have notaries?

Will Omnibank, National Association notarize my document?

What address for Omnibank, National Association should I put for incoming ACH transfers?

Will the Omnibank, National Association branch print checks?

Do Omnibank, National Association checks expire?

Does Omnibank, National Association require US citizenship to open account?

Can Omnibank, National Association close my account?

Does Omnibank, National Association Report to credit bureaus?

Does Omnibank, National Association Use Equifax?

What is Omnibank, National Association's ACH Routing Number?

What is Omnibank, National Association's SWIFT code?

Products

Does Omnibank, National Association offer mortgages?

Compare mortgage rates here.

Does Omnibank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Omnibank, National Association offer personal loans?

Compare personal loan rates here.

Does Omnibank, National Association offer student loans?

Will Omnibank, National Association cash a check?

Will Omnibank, National Association redeem a savings bond?

Does Omnibank, National Association cash savings bonds?

Will Omnibank, National Association cash money orders?

Can Omnibank, National Association issue a money order?

Does Omnibank, National Association do currency exchange?

Background on The Bank

Who owns Omnibank, National Association?

How long has Omnibank, National Association been around?

Can Omnibank, National Association transfer to other banks?

Does Omnibank, National Association have quick pay?

Does Omnibank, National Association accept rolled coins?

Will Omnibank, National Association accept loose change?

Where is Omnibank, National Association headquarters?

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