Origin Bank

Headquarters

3921 Elm Street
Choudrant, LA 71227
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.25% 0.95% →
2-Year CD 0.25% 1.05% →
5-Year CD 0.25% 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

Origin Bank is an FDIC insured institution located in Choudrant, LA. It was founded in 1912 and has approximately $6.02 billion in assets. Customers can open an account at one of its 48 branches.

FDIC Insured Yes
FDIC Certificate # 12614
Date Established 1912
Assets $ 6.02 billion
Loans $ 4.50 billion
Deposits $ 4.57 billion
Capital $ 578.24 million
 

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

Deposit Rates - September 28, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.25% $10,000 $14,999 Learn More
18 Mo CD
0.25% $100,000 $199,999 Learn More
24 Mo CD
0.25% $10,000 $14,999 Learn More
24 Mo CD
0.25% $100,000 $199,999 Learn More
30 Mo CD
0.25% $10,000 $14,999 Learn More
30 Mo CD
0.25% $100,000 $199,999 Learn More
36 Mo CD
0.25% $10,000 $14,999 Learn More
36 Mo CD
0.25% $100,000 $199,999 Learn More
48 Mo CD
0.25% $10,000 $14,999 Learn More
48 Mo CD
0.25% $100,000 $199,999 Learn More
60 Mo CD
0.25% $10,000 $14,999 Learn More
60 Mo CD
0.25% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Origin Bank

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

Note to Origin Bank
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Branches

Origin 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:
Ashburn,Virginia


Origin Bank Locations


Financial Details

Origin Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Origin 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
Origin Bank U.S. Bank Average
10.78% 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, Origin Bank had $63,158,000 in non-current loans and $5,195,000 in owned real estate. To cover these potential losses it had $578,244,000 in equity and $56,063,000 in loans loss reserves. That gives it a Texas Ratio of 10.78%.

Return on Equity
Origin Bank U.S. Bank Average
0.4% 7.80%

Origin Bank has a Return on Equity of 0.4% 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
Origin Bank U.S. Bank Average
9.61% 12.68%

Origin Bank has a Capitalization of 9.61% 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.

Origin Bank Balance Sheet Analysis

As of March 31, 2020, Origin Bank had assets of $6,019,234,000, loans of $4,500,443,000, and deposits of $4,567,468,000. 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 $ 560.18 million
Interest-bearing balances $ 469.08 million
Total securities $ 630.02 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 4.50 billion
Loan loss allowance $ 56.06 million
Trading account assets $ 36.45 million
Bank premises and fixed assets N.A.
Other real estate owned $ 5.20 million
Goodwill and other intangibles $ 28.86 million
All other assets $ 154.29 million
     Total Assets $ 5.44 billion
LIABILITIES
Total deposits $ 4.57 billion
      Interest-bearing deposits $ 3.44 billion
      Deposits held in domestic offices $ 4.57 billion
      % insured (estimated) 51.25%
Federal funds purchased and repurchase agreements $ 15.53 million
Trading liabilities $ 23.02 million
Other borrowed funds $ 701.38 million
Subordinated debt $ 68.86 million
All other liabilities $ 64.74 million
      Total Liabilities $ 5.44 billion
      Shareholders’ Equity $ 578.24 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 55.02 million
Total Interest Expense $ 12.07 million
Net interest income $ 42.95 million
Provision for loan and lease losses $ 18.40 million
Total non interest income $ 8.27 million
Total non interest expense $ 32.78 million
Pre-tax Net Operating Income $ 0.04 million

Bank Loan Profile?

The top three loan types in Origin Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Louisiana, Origin Bank has a significantly higher percent of Commercial and Industrial 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 13.45
Multifamily
Mortgages
3.85
Credit Card Loans 0.00
Consumer Auto Loans 0.06
Small Business Loans 4.28
Construction and Development Loans 11.44
Commercial Real Estate 28.94
Commercial and Industrial Loans 28.77
Farm Loans 0.06

Frequently Asked Questions About Origin Bank

Branches and Savings

Is Origin Bank FDIC insured?

Yes. It is covered under FDIC Certificate #12614.

Ralph | Nov 26, 2019

They might be covered but they do little to safeguard your money. I was hacked, the hackers posed as bank employees accessed my account and made payments to fraudulent accounts. I had to explain to them what happened they could not figure it out for weeks. The final result Curtis decided after 3+ weeks not to cover the loss - he felt the bank followed standard procedure and it was entirely my responsibility. Customer service stinks..

Why does Origin Bank pay such low interest on savings accounts?

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

Why are Origin Bank CD rates not competitive?

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

Is Origin Bank a commercial bank?

Yes

Where are Origin Bank locations?

See branch locations nearby.

Is Origin Bank open on Saturdays?

Is Origin Bank open on Sundays?

What time does Origin Bank open?

What time does Origin Bank close?

Are Origin Bank ATMs Open 24/7?

Do Origin Bank ATMs accept cash deposits?

Can Origin Bank customers use other ATMs?

Do Origin Bank branches have notaries?

Will Origin Bank notarize my document?

What address for Origin Bank should I put for incoming ACH transfers?

Will the Origin Bank branch print checks?

Do Origin Bank checks expire?

Does Origin Bank require US citizenship to open account?

Can Origin Bank close my account?

Does Origin Bank Report to credit bureaus?

Does Origin Bank Use Equifax?

What is Origin Bank's ACH Routing Number?

What is Origin Bank's SWIFT code?

Products

Does Origin Bank offer mortgages?

Compare mortgage rates here.

Does Origin Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Origin Bank offer personal loans?

Compare personal loan rates here.

Does Origin Bank offer student loans?

Will Origin Bank cash a check?

Will Origin Bank redeem a savings bond?

Does Origin Bank cash savings bonds?

Will Origin Bank cash money orders?

Can Origin Bank issue a money order?

Does Origin Bank do currency exchange?

Background on The Bank

Who owns Origin Bank?

How long has Origin Bank been around?

Can Origin Bank transfer to other banks?

Does Origin Bank have quick pay?

Does Origin Bank accept rolled coins?

Will Origin Bank accept loose change?

Where is Origin Bank headquarters?

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