2.5 star ratingAverage User Rating:
2.5 star rating based on 3 reviews.

ONB Bank and Trust Company

ONB Bank and Trust Company Locations
8908 South Yale Avenue, Suite 100
Tulsa, OK 74137
www.onbbank.com

FDIC


ONB Bank and Trust Company is headquartered in Tulsa and is the 17st largest bank in the state of Oklahoma. It is also the 1,099th largest bank in the nation. It was established in 2000 and as of December of 2012, it had grown to 107 employees at 10 locations. ONB Bank and Trust Company has a 4-star health rating.

Related Posts

ONB Bank And Trust RCA (3.0%,$25K) To (2.1%,$25K) (Forum) - 4/11/2013

Unfortunately the rate described in Ken's post on April 2 did not last.   I happened to call the bank this morning and learned that the interest paid on the MaxMoney Free Interest Checking has dropped from 3.0% to 2.1%.   The CSR could

Top Oklahoma Reward Checking Account at ONB Bank and Trust - 4/2/2013

ONB Bank and Trust in Oklahoma has a reward checking account that it calls MaxMoney Free+ Interest Checking. Hat tip to the reader who emailed me info on this account. The reader said he has the rewar ...

$100 Checking Account Bonus at ONB Bank & Trust in Oklahoma - 9/5/2012

ONB Bank and Trust Company is offering a $100 bonus for opening its MyChoice Checking Account. Unlike the typical checking account bonus, this one should be easy to earn. The only potential gotcha tha ...




ONB Bank and Trust Company Checking Account Rates

ApyMinMaxProduct
2.10%-$25kMaxMoney Free+ Interest Checking

Rates updated: 5/10/2013

Data for Q4 2012


Institution Statistics


ONB Bank and Trust Company
FDIC Certificate #35348
BankRate ReportView
Year Established2000
Employees107
Primary RegulatorFDIC

Assets and Liabilities

Assets$609.90 million
Loans$474.11 million
Deposits$478.86 million
Equity Capital$127.45 million
Loan Loss Allowance$10.77 million
Unbacked Noncurrent Loans$8.68 million
Real Estate Owned$10.82 million

Historic Data - December 2011

Assets$607.60 million
Equity Capital$123.51 million
Loan Loss Allowance$10.76 million
Unbacked Noncurrent Loans$23.45 million
Real Estate Owned$6.40 million

Profit Margin - Quarterly

Net Interest Margin4.3%
Return on Assets0.64%
Return on Equity3.09%
Interest Income$25.72 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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, 2012 ONB Bank and Trust Company had $19.5 million in non-current loans and owned real-estate with $138.22 million in equity and loan loss allowances on hand to cover it. This gives ONB Bank and Trust Company a Texas Ratio of 14.11% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for ONB Bank and Trust Company decreased slightly from 21.74% as of December 31, 2011 to 14.11% as of December 31, 2012, resulting in a positive change of 35.11%.This indicates that the balance sheet and financial strength for ONB Bank and Trust Company has improved slightly in recent periods.
Deposit Growth3
In the past year, ONB Bank and Trust Company has decreased its total deposits by -$3.19 million, resulting in -0.66% 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 ONB Bank and Trust Company has shown is average.
Capitalization5
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. ONB Bank and Trust Company has $609.9 million in assets with $138.22 million in equity, resulting in a capitalization level of 22.66%, which is excellent.
Write Review

AWESOME Bank
5 stars - roqitdog - Tuesday, July 24, 2012 - 6:36 PM

Very rarely does someone take the time to make a positive comment; all you ever hear are negative ones so I thought I would take a minute to share something positive!  ONB Bank has been great to me!  The people that work there are knowledgeable, helpful, nice, and are always smiling!  They even pay me interest on my checking account...who does that?  I recently had fraud on my account and they made it so easy for me to get that corrected!  I really appreciate my bank!

3

Double Charges - Inaccurate Postings
1 stars - sparks98 - Monday, July 9, 2012 - 10:11 PM

We have had nothing but problems since we opened our account at ONB as they have posted transactions multiple times, returned items then paid them. They have posted so many items on our account that I cannot even make sense of it.  Altogether they took us for over $300. Then I pulled $100 from the ATM and they posted $100 from the $100 and $100 for a cash withdrawal (WHICH NEVER OCCURED).  DO NOT TRUST THIS BANK.  If you have an account double check everything because they can be very creative.

2

Lien Release
1 stars - frobson - Thursday, December 13, 2012 - 4:45 PM

I paid off a loan to ONB bank and left instructions as to where to forward the lien release.  ONB certainly cashed my check and utilized my funds to close out their loan with their consumer.  However, it took me numerous attempts, multitudes of calls and endless headaches to actually receive the lien release from them.  It EVEN took an unnecessary trip from MY consumer to the bank to pick up the lien release.  If you are paying off a loan to this institution, please prearrange a receipt of the lien release prior to giving them money.

1