Institution Statistics
| OmniBank | | FDIC Certificate # | 8871 | | BankRate Report | View | | Year Established | 1907 | | Employees | 45 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $75.08 million | | Loans | $42.87 million | | Deposits | $68.55 million | | Equity Capital | $6.11 million | | Loan Loss Allowance | $1.87 million | | Unbacked Noncurrent Loans | $3.84 million | | Real Estate Owned | $1.83 million |
Historic Data - March 2011 | | Assets | $88.37 million | | Equity Capital | $6.55 million | | Loan Loss Allowance | $782,000 | | Unbacked Noncurrent Loans | $2.91 million | | Real Estate Owned | $1.23 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.03% | | Return on Assets | -3.12% | | Return on Equity | -38.24% | | Interest Income | $746,000 |
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Institution Health
Overall Score:
2 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, 2012 OmniBank had $5.67 million in non-current loans and owned real-estate with $7.98 million in equity and loan loss allowances on hand to cover it. This gives OmniBank a Texas Ratio of 71.02% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend | | | The Texas Ratio for OmniBank increased slightly from 56.46% as of March 31, 2011 to 71.02% as of March 31, 2012, resulting in a negative change of 25.79%. This indicates that the balance sheet and financial strength for OmniBank has declined slightly in recent periods. | | Deposit Growth |  | | In the past year, OmniBank has decreased its total deposits by -$13 million, resulting in -15.94% 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 OmniBank has shown is poor. | | 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. OmniBank has $75.08 million in assets with $7.98 million in equity, resulting in a capitalization level of 10.63%, which is above average. |
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