Institution Statistics
| The Bank of Oswego | | FDIC Certificate # | 57877 | | BankRate Report | View | | Year Established | 2004 | | Employees | 29 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $157.05 million | | Loans | $126.13 million | | Deposits | $139.74 million | | Equity Capital | $14.38 million | | Loan Loss Allowance | $1.98 million | | Unbacked Noncurrent Loans | $1.35 million | | Real Estate Owned | $1.42 million |
Historic Data - March 2011 | | Assets | $169.32 million | | Equity Capital | $13.42 million | | Loan Loss Allowance | $1.90 million | | Unbacked Noncurrent Loans | $419,000 | | Real Estate Owned | $954,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.21% | | Return on Assets | 0.55% | | Return on Equity | 6.22% | | Interest Income | $2.09 million |
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Institution Health
Overall Score:
3 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 The Bank of Oswego had $2.77 million in non-current loans and owned real-estate with $16.36 million in equity and loan loss allowances on hand to cover it. This gives The Bank of Oswego a Texas Ratio of 16.95% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for The Bank of Oswego increased slightly from 8.96% as of March 31, 2011 to 16.95% as of March 31, 2012, resulting in a negative change of 89.26%. This indicates that the balance sheet and financial strength for The Bank of Oswego has declined slightly in recent periods. | | Deposit Growth |  | | In the past year, The Bank of Oswego has decreased its total deposits by -$13.38 million, resulting in -8.74% 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 The Bank of Oswego 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. The Bank of Oswego has $157.05 million in assets with $16.36 million in equity, resulting in a capitalization level of 10.42%, which is above average. |
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Average User Rating:
Liars And Flakes
I would think twice about doing business with these people. I have had one interaction with them and they wasted my time for weeks then when the deal was supposed to finish up and I came in to do so, they informed that the paperwork wasn't ready and the person i had been dealing with was too busy to see me or give me a time or date of when he would follow through on his promise. It is actually shocking that a business could be so flakey and waste someones time so blantanly. I am frankly disgusted with the disregard and lack of respect this person showed. I will never do business with these people again I would hightly discourage anyone else from any business dealings with them.