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Overview / Commentary
909 North 18th Street
Monroe, LA 71201

Ouachita Independent Bank is headquartered in Monroe and is the 21st largest bank in the state of Louisiana. It is also the 1,032nd largest bank in the nation. It was established in 1997 and as of December of 2013, it had grown to 180 employees at 13 locations. Ouachita Independent Bank's savings rates are 94% higher than the national average, and it boasts a A+ health rating.

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Updated Review of Ouachita Independent Bank’s Reward Checking and Savings Accounts - 9/5/2013

I first reviewed Ouachita Independent Bank ’s reward checking account over six years ago when it was paying 6.01% for balances up to $25K. As you might expect, the rate and balance cap have fallen. Ho ...

Reviews (2)

Not Necessarily

OIB temporarily limited their online account openings to customers in Arkansas, Louisiana, Mississippi and Texas during a recent switch-over to a new online account opening vendor. The switch has been made and account-openings for 7 (soon to be 8) deposit products are open to the continental US.

This Is Only Available For Local Deposits

This is only available for local deposits


Data for Q4 2013

Institution Health


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, 2013 Ouachita Independent Bank had $4.11 million in non-current loans and owned real-estate with $75.25 million in equity and loan loss allowances on hand to cover it. This gives Ouachita Independent Bank a Texas Ratio of 5.46% 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 Ouachita Independent Bank experienced no significant changes from 3.15% as of December 31, 2012 to 5.46% as of December 31, 2013, resulting in a negative change of 73.51%. This indicates that the balance sheet and financial strength for Ouachita Independent Bank has had no significant changes in recent periods.

Deposit Growth


In the past year, Ouachita Independent Bank has increased its total deposits by $38.88 million, resulting in 7.58% 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 Ouachita Independent Bank has shown is excellent.



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. Ouachita Independent Bank has $652.68 million in assets with $75.25 million in equity, resulting in a capitalization level of 11.53%, which is excellent.

Institution Statistics

FDIC Certificate #34332
Year Established1997
Primary RegulatorFDIC
Assets and Liabilities
Assets$652.68 million
Loans$472.49 million
Deposits$551.84 million
Equity Capital$69.97 million
Loan Loss Allowance$5.28 million
Unbacked Noncurrent Loans$3.52 million
Real Estate Owned$590,000
Historic Data - December 2012
Assets$622.23 million
Equity Capital$68.34 million
Loan Loss Allowance$4.85 million
Unbacked Noncurrent Loans$3.52 million
Real Estate Owned$120,000
Profit Margin - Quarterly
Net Interest Margin4.23%
Return on Assets1.81%
Return on Equity16.96%
Interest Income$28.29 million
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Ouachita Independent Bank Savings Account Rates

1.01%-$50kReward Plus Savings
0.51%$100k-OIB Health Savings Account
0.15%--OIB Regular Savings
0.15%--OIB Business Savings
0.05%--Reward Plus Savings

Ouachita Independent Bank Money Market Rates

0.45%$500k-OIB Money Market Checking

Ouachita Independent Bank Checking Account Rates

3.01%-$15kOIB Reward Checking
3.01%-$15kReward Plus Checking
0.55%$500k-OIB Ultra-Checking
0.45%$500k-OIB Premium Business Checking
0.05%--OIB Reward Checking
0.05%--OIB Interest Checking
0.05%--OIB Business Plus Checking
0.05%--Reward Plus Checking

Ouachita Independent Bank has 12 locations. Click to view all Ouachita Independent Bank locations.