Bank of Oak Ridge (LA)

Bank of Oak Ridge (LA) is headquartered in Oak Ridge and is the 135^th largest bank in the state of Louisiana. It is also the 6,349^th largest bank in the nation. It was established in 1910 and as of December of 2011, it had grown to 3 employees at 1 location. Bank of Oak Ridge (LA) has a 5-star health rating.

Related Posts

Data for Q4 2011

Institution Statistics Bank of Oak Ridge FDIC Certificate # 21529 BankRate Report View Year Established 1910 Employees 3 Primary Regulator FDIC Assets and Liabilities Assets $51.04 million Loans $3.61 million Deposits $45.88 million Equity Capital $4.97 million Loan Loss Allowance $31,000 Unbacked Noncurrent Loans $6,000 Historic Data - December 2010 Assets $48.50 million Equity Capital $5.25 million Loan Loss Allowance $28,000 Unbacked Noncurrent Loans $2,000 Profit Margin - Quarterly Net Interest Margin 2.14% Return on Assets 0.66% Return on Equity 6.33% Interest Income $1.13 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bank of Oak Ridge (LA) had $6,000 in non-current loans and owned real-estate with $5 million in equity and loan loss allowances on hand to cover it. This gives Bank of Oak Ridge (LA) a Texas Ratio of 0.12% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of Oak Ridge (LA) held steady from 0.04% as of December 31, 2010 to 0.12% as of December 31, 2011, resulting in a negative change of 216.73%. This indicates that the balance sheet and financial strength for Bank of Oak Ridge (LA) has held steady in recent periods. Deposit Growth In the past year, Bank of Oak Ridge (LA) has increased its total deposits by $2.92 million, resulting in 6.79% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Oak Ridge (LA) has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Oak Ridge (LA) has $51.04 million in assets with $5 million in equity, resulting in a capitalization level of 9.80%, which is average.

No reviews have been left for this bank yet. Be the first to review.