BOM Bank is headquartered in NATCHITOCHES and is the 17th largest bank in the state of Louisiana. It is also the 980th largest bank in the nation. It was established in 1903 and as of March of 2024, it had grown to 169 employees at 19 locations. BOM Bank has an A health rating.
I opened a checking account with BOM on Feb 1 2021. After a few weeks getting to know my way around the various banking procedures, I have now settled into a VERY pleasant banking experience. The online features for moving money in and out have been very convenient! Banking online has become a necessity, and BOM does a great job. Before this, I have had several accounts with other banks all over the country. To have a great account that pays rewards for your good banking practices is wonderful - and to have it locally is even better!
Just very impressed and enjoying being a customer.
I'm not a BOM customer but I get robo calls almost every day. I have called them and been told that my phone number belongs to a person with the same last name that they are trying to contact about his account. After 3 phone calls to BOM, they are still not able to fix the problem.
If BOM can't handle a phone number problem how can they be trusted with money?
I know they will never be responsible for any of my funds.
Customer be ware.
Overall | |
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FDIC Certificate # | 1373 |
Year Established | 1903 |
Employees | 169 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 2% |
Return on Equity - YTD | 18.76% |
Annual Interest Income | $14.9MM |
Assets and Liabilities | ||
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Assets | Q1 2024vs Q1 2023 | $1.03B$906.4MM |
Loans | Q1 2024vs Q1 2023 | $803MM$704.3MM |
Deposits | Q1 2024vs Q1 2023 | $918.6MM$773.5MM |
Equity Capital | Q1 2024vs Q1 2023 | $108MM$101.6MM |
Loan Loss Allowance | Q1 2024vs Q1 2023 | $6.5MM$5.1MM |
Unbacked Noncurrent Loans | Q1 2024vs Q1 2023 | $4.5MM$1.8MM |
Real Estate Owned | Q1 2024vs Q1 2023 | $422K$0 |
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APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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4.09% | $0 | $15k | BOM Premium Checking Account |