OSB Community Bank

417 South Main Street
Brooklyn, MI 49230

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 1008
Date Established 1907
Assets $0.10 billion
Loans $0.08 billion
Deposits $0.08 billion
Capital $0.01 billion

OSB Community Bank is an FDIC insured institution located in Brooklyn, MI. It was founded in 1907 and has approximately $0.1 billion in assets. Customers can open an account at one of its 3 branches.

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

Bank Loan Profile?

The top three loan types in OSB Community Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Michigan, OSB Community Bank 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 24.16
Multifamily
Mortgages
2.86
Credit Card Loans 0.12
Consumer Auto Loans 0.01
Small Business Loans 31.57
Construction and Development Loans 11.74
Commercial Real Estate 48.93
Commercial and Industrial Loans 13.19
Farm Loans 0.04

Deposit Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $1,000 $4,999 Learn MoreShow Less
Money Market
0.15% $5,000 - Learn MoreShow Less
Premium Money Market Account
0.10% $10,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
6 Mo CD
0.30% $1,000 - Learn MoreShow Less
12 Mo CD
0.75% $1,000 - Learn MoreShow Less
Special: 15 Mo CD
2.42% $1,000 - Learn MoreShow Less
18 Mo CD
0.70% $1,000 - Learn MoreShow Less
24 Mo CD
1.00% $1,000 - Learn MoreShow Less
Special: 27 Mo CD
2.78% $1,000 - Learn MoreShow Less
30 Mo CD
0.80% $1,000 - Learn MoreShow Less
36 Mo CD
1.21% $1,000 - Learn MoreShow Less
48 Mo CD
1.41% $1,000 - Learn MoreShow Less
60 Mo CD
1.77% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.75% $1,000 - Learn MoreShow Less
Special: 15 Mo FIRA
2.42% $1,000 - Learn MoreShow Less
Special: 27 Mo FIRA
2.78% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.30% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 $2,500 Learn MoreShow Less
Int Ckg
0.10% $2,501 $7,500 Learn MoreShow Less

Loan Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for OSB Community 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.030% 4.000% 0.38 $892 $1,194 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to OSB Community Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

OSB Community 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


OSB Community Bank Locations


Financial Details

OSB Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of OSB Community 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
OSB Community Bank U.S. Bank Average
11.8% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2018, OSB Community Bank had $1,238,000 in non-current loans and $27,000 in owned real estate. To cover these potential losses it had $9,836,000 in equity and $883,000 in loans loss reserves. That gives it a Texas Ratio of 11.8%.

Return on Equity
OSB Community Bank U.S. Bank Average
0.7% 8.80%

OSB Community Bank has a Return on Equity of 0.7% versus the BestCashCow average of 8.80%. 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
OSB Community Bank U.S. Bank Average
9.6% 12.29%

OSB Community Bank has a Capitalization of 9.6% versus the BestCashCow average of 12.29. 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.

OSB Community Bank Balance Sheet Analysis

As of December 31, 2018, OSB Community Bank had assets of $102,449,000, loans of $75,852,000, and deposits of $84,374,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.08 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.09 billion
LIABILITIES
Total deposits $0.08 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.08 billion
      % insured (estimated) 96.48%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.09 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $-0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Osb Community Bank

Branches and Savings

Is Osb Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #1008.

Why does Osb Community Bank pay such low interest on savings accounts?

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

Why are Osb Community Bank CD rates not competitive?

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

Is Osb Community Bank a commercial bank?

Yes

Where are Osb Community Bank locations?

See branch locations nearby.

Is Osb Community Bank open on Saturdays?

Is Osb Community Bank open on Sundays?

What time does Osb Community Bank open?

What time does Osb Community Bank close?

Are Osb Community Bank ATMs Open 24/7?

Do Osb Community Bank ATMs accept cash deposits?

Can Osb Community Bank customers use other ATMs?

Do Osb Community Bank branches have notaries?

Will Osb Community Bank notarize my document?

What address for Osb Community Bank should I put for incoming ACH transfers?

Will the Osb Community Bank branch print checks?

Do Osb Community Bank checks expire?

Does Osb Community Bank require US citizenship to open account?

Can Osb Community Bank close my account?

Does Osb Community Bank Report to credit bureaus?

Does Osb Community Bank Use Equifax?

What is Osb Community Bank's ACH Routing Number?

What is Osb Community Bank's SWIFT code?

Products

Does Osb Community Bank offer mortgages?

Compare mortgage rates here.

Does Osb Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Osb Community Bank offer personal loans?

Compare personal loan rates here.

Does Osb Community Bank offer student loans?

Will Osb Community Bank cash a check?

Will Osb Community Bank redeem a savings bond?

Does Osb Community Bank cash savings bonds?

Will Osb Community Bank cash money orders?

Can Osb Community Bank issue a money order?

Does Osb Community Bank do currency exchange?

Background on The Bank

Who owns Osb Community Bank?

How long has Osb Community Bank been around?

Can Osb Community Bank transfer to other banks?

Does Osb Community Bank have quick pay?

Does Osb Community Bank accept rolled coins?

Will Osb Community Bank accept loose change?

Where is Osb Community Bank headquarters?

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