ONB Bank and Trust Company is headquartered in Tulsa and is the 17st largest bank in the state of Oklahoma. It is also the 1,107th largest bank in the nation. It was established in 2000 and as of December of 2013, it had grown to 103 employees at 10 locations. ONB Bank and Trust Company has a B+ health rating.
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!
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.
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.
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, 2013 ONB Bank and Trust Company had $14.24 million in non-current loans and owned real-estate with $138.1 million in equity and loan loss allowances on hand to cover it. This gives ONB Bank and Trust Company a Texas Ratio of 10.31% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for ONB Bank and Trust Company decreased slightly from 14.18% as of December 31, 2012 to 10.31% as of December 31, 2013, resulting in a positive change of 27.27%.This indicates that the balance sheet and financial strength for ONB Bank and Trust Company has improved slightly in recent periods.
In the past year, ONB Bank and Trust Company has decreased its total deposits by -$15.54 million, resulting in -3.25% 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 below average.
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 $597.98 million in assets with $138.1 million in equity, resulting in a capitalization level of 23.10%, which is excellent.
|FDIC Certificate #||35348|
|Assets and Liabilities|
|Equity Capital||$127.59 million|
|Loan Loss Allowance||$10.52 million|
|Unbacked Noncurrent Loans||$7.69 million|
|Real Estate Owned||$6.55 million|
|Historic Data - December 2012|
|Equity Capital||$127.45 million|
|Loan Loss Allowance||$10.77 million|
|Unbacked Noncurrent Loans||$7.69 million|
|Real Estate Owned||$10.82 million|
|Profit Margin - Quarterly|
|Net Interest Margin||4.25%|
|Return on Assets||0.83%|
|Return on Equity||3.96%|
|Interest Income||$24.79 million|
Sorry, we do not have rate data for ONB Bank and Trust Company
|ONB Bank and Trust Company Locations|
|Owasso Branch||12502 East 96th Street North||Owasso, OK 74055|
|Edmond Branch||1358 East 15th||Edmond, OK 73013|
|Web Branch||2116 Nelwood Drive||Columbia, MO 65202|
|Southwest Boulevard Branch||2420 Southwest Boulevard||Tulsa, OK 74107|
|Midtown Branch||2424 East 21st Street, Suite 100||Tulsa, OK 74114|
|South Tulsa Drive-Thru Branch||4708 E 91st Street||Tulsa, OK 74137|
|Sapulpa Branch||615 S. Mission||Sapulpa, OK 74066|
|ONB Bank and Trust Company||623 South Main Street||Stillwater, OK 74074|
|ONB Bank and Trust Company||8908 South Yale Avenue, Suite 100||Tulsa, OK 74137|
|East 61st Street Branch||9004 East 61st Street||Tulsa, OK 74133|