OMNI Bank, National Association

OMNI Bank, National Association is headquartered in Alhambra and is the 139^th largest bank in the state of California. It is also the 2,895^th largest bank in the nation. It was established in 1980 and as of March of 2013, it had grown to 47 employees at 3 locations. OMNI Bank, National Association has a 5-star health rating.

Related Posts

Data for Q1 2013

Institution Statistics New OMNI Bank, National Association FDIC Certificate # 23086 BankRate Report View Year Established 1980 Employees 47 Primary Regulator OCC Assets and Liabilities Assets $217.93 million Loans $139.02 million Deposits $157.65 million Equity Capital $32.47 million Loan Loss Allowance $2.97 million Real Estate Owned $407,000 Historic Data - March 2012 Assets $178.23 million Equity Capital $25.12 million Loan Loss Allowance $2.93 million Unbacked Noncurrent Loans $1.08 million Real Estate Owned $504,000 Profit Margin - Quarterly Net Interest Margin 3.53% Return on Assets 0.54% Return on Equity 3.49% Interest Income $2.01 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 March 31, 2013 OMNI Bank, National Association had $407,000 in non-current loans and owned real-estate with $35.44 million in equity and loan loss allowances on hand to cover it. This gives OMNI Bank, National Association a Texas Ratio of 1.15% 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 OMNI Bank, National Association decreased significantly from 5.64% as of March 31, 2012 to 1.15% as of March 31, 2013, resulting in a positive change of 79.64%.This indicates that the balance sheet and financial strength for OMNI Bank, National Association has improved significantly in recent periods. Deposit Growth In the past year, OMNI Bank, National Association has increased its total deposits by $5.3 million, resulting in 3.48% 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 OMNI Bank, National Association has shown is above average. 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. OMNI Bank, National Association has $217.93 million in assets with $35.44 million in equity, resulting in a capitalization level of 16.26%, which is excellent.

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