Omni Savings Bank, FSB in Columbia, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 31, 1993

  • Omni Savings Bank, FSB in Columbia, South Carolina (SC)
  • Show street view No street view available for this location

Omni Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 30396
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Bay Savings Bank FSB (#31258)
    Federal Reserve ID: 168870
    Date Established: March 21, 1949
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 5276
    FDIC's unique #: 43230
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: March 21, 1949
    Last Structure Change Effective Date: August 31, 1993
    Last Structure Change Process Date: October 22, 1993
    Last Data Update: December 20, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1940 Blossom Street, Columbia, SC 29205
    County: Richland
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Columbia Sc
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Columbia, SC (#1760)
    Combined Statistical Area (CSA): Columbia-Newberry, SC (#192)
    Core Based Statistical Area (CBSA): Columbia, SC (#17900)
    CBSA Metro Statistical Area: Columbia, SC (#17900)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $58.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $17Total assets
  • $75,748Cash and due from depository institutions
  • $1,552Interest-bearing balances
  • $2Securities
  • $21,823Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $42,666Loan loss allowance
  • $180Trading account assets
  • $0Bank premises and fixed assets
  • $130Other real estate owned
  • $344Goodwill and other intangibles
  • $3,003Life insurance assets
  • $6,230All other assets
  • $0Total liabilities and capital
  • $75,748Total liabilities
  • $58,623Total deposits
  • $43,024Interest-bearing deposits
  • $42,719Deposits held in domestic offices
  • 43024.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $15,286Subordinated debt
  • $0All other liabilities
  • $313Total equity capital
  • $313Total bank equity capital
  • $17,125Perpetual preferred stock
  • $0Common stock
  • $2Surplus
  • $12,898Undivided profits
  • Memoranda
  • $4,225Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $694Income earned, not collected on loans
  • $246Earning assets
  • $64,491Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $82,947Average Assets, quarterly
  • $79,252Volatile liabilities
  • $18,052Insider loans
  • $0FHLB advances
  • $14,991Loans and leases held for sale
  • $0Unused loan commitments
  • $294Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,590Total risk weighted assets
  • $30,233Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,696Total interest expense
  • $3,487Net interest income
  • $4,209Provision for loan and lease losses
  • $5Total noninterest income
  • $185Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $185Total noninterest expense
  • $1,925Salaries and employee benefits
  • $562Premises and equipment expense
  • $301Additional noninterest expense
  • $1,062Pre-tax net operating income
  • $2,464Securities gains (losses)
  • $0Applicable income taxes
  • $1,086Income before extraordinary items
  • $1,378Extraordinary gains - net
  • -$145Net income attributable to bank
  • $1,233Net charge-offs
  • $0Cash dividends
  • $6,000Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 10.78%Cost of funding earning assets
  • 4.88%Net interest margin
  • 5.90%Noninterest income to earning assets
  • 0.26%Noninterest expense to earning assets
  • 2.70%Net operating income to assets
  • 1.66%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 2.80%Return on equity (ROE)
  • 5.81%Retained earnings to average equity (YTD only)
  • -22.46%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 26,400Assets per employee
  • 4.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 486.62%Loss allowance to loans
  • 0.42%Loss allowance to noncurrent loans
  • 25.94%Noncurrent assets plus other real estate owned to assets
  • 1.37%Noncurrent loans to loans
  • 1.62%Net loans and leases to deposits
  • 99.17%Net loans and leases to core deposits
  • 105.98%Equity capital to assets
  • 22.61%Core capital (leverage) ratio
  • 16.67%Tier 1 risk-based capital ratio
  • 38.34%Total risk-based capital ratio
  • Memoranda
  • $39Average assets
  • $82,947Average earning assets
  • $21,228Average equity
  • $71,385Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Omni Savings Bank, FSB.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents