Orange Savings Bank, ssb in Orange, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Orange Savings Bank, ssb - Overview

  • General
  • FDIC Certificate #: 30696
    Status: Active
    Federal Reserve ID: 425975
    Bank Holding Company (Regulatory Top Holder): Osb Financial Services, Inc. (RSSDID: 2950257, Location: Orange, TX)
    Date Established: May 17, 1954
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 5761
    FDIC's unique #: 43530
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 17, 1954
    Last Structure Change Effective Date: October 16, 2008
    Last Structure Change Process Date: October 21, 2008
    Last Data Update: October 21, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 812 Sixteenth Street, Orange, TX 77630
    County: Orange
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Beaumont-Port Arthur, TX (#840)
    Core Based Statistical Area (CBSA): Beaumont-Port Arthur, TX (#13140)
    CBSA Metro Statistical Area: Beaumont-Port Arthur, TX (#13140)
  • Financial Summary
  • Total assets: $401.1 mil
    Equity capital: $41.5 mil
    Deposits held in domestic offices: $348.2 mil
    Return on assets (ROA): 1.27% ($5.1 mil)
    Quarterly return on assets: 1.09% ($4.4 mil)
    Return on Equity (ROE): 12.07% ($4.9 mil)
    Quarterly return on equity: 10.54% ($4.3 mil)
    Net income: $4.9 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 1.27% ($5,093.9 mil)
    Quarterly Pretax return on assets: 1.09% ($4,371.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 94Total employees (full-time equivalent)
  • $401,095Total assets
  • $12,432Cash and due from depository institutions
  • $8,303Interest-bearing balances
  • $128,892Securities
  • $500Federal funds sold & reverse repurchase agreements
  • $240,973Net loans & leases
  • $2,571Loan loss allowance
  • $0Trading account assets
  • $7,201Bank premises and fixed assets
  • $3,465Other real estate owned
  • $2,208Goodwill and other intangibles
  • $401,095Life insurance assets
  • $5,424All other assets
  • $359,645Total liabilities and capital
  • $348,243Total liabilities
  • $301,910Total deposits
  • $348,243Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,245Trading liabilities
  • $0Other borrowed funds
  • $1,157Subordinated debt
  • $41,450All other liabilities
  • $41,450Total equity capital
  • $41,450Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $20,430Surplus
  • $20,770Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $4,925Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $566Income earned, not collected on loans
  • $0Earning assets
  • $1,732Long-term assets (5+ years)
  • $378,668Average Assets, year-to-date
  • $220,950Average Assets, quarterly
  • $389,910Volatile liabilities
  • $402,179Insider loans
  • $236,364FHLB advances
  • $395,707Loans and leases held for sale
  • $1,109Unused loan commitments
  • $1,109Tier 1 (core) risk-based capital
  • $37,291Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $35,439Restructured Loans and leases
  • $7,660Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,567Total interest income
  • $3,225Total interest expense
  • $15,342Net interest income
  • $550Provision for loan and lease losses
  • $1,550Total noninterest income
  • $0Fiduciary activities
  • $1,543Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7Additional noninterest income
  • $11,500Total noninterest expense
  • $5,464Salaries and employee benefits
  • $1,354Premises and equipment expense
  • $4,682Additional noninterest expense
  • $4,842Pre-tax net operating income
  • $106Securities gains (losses)
  • $0Applicable income taxes
  • $4,948Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,948Net income attributable to bank
  • $0Net charge-offs
  • $4,948Cash dividends
  • $150Sale, conversion, retirement of capital stock, net
  • $4,500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 0.88%Cost of funding earning assets
  • 4.18%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 3.14%Noninterest expense to earning assets
  • 1.24%Net operating income to assets
  • 1.27%Return on assets (ROA)
  • 1.27%Pretax return on assets
  • 12.07%Return on equity (ROE)
  • 1.09%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 366.67%Credit loss provision to net charge-offs
  • 35.95%Efficiency ratio
  • 68,080Assets per employee
  • 4.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 90.95%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 454.24%Noncurrent assets plus other real estate owned to assets
  • 1.00%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 69.20%Net loans and leases to core deposits
  • 78.99%Equity capital to assets
  • 10.33%Core capital (leverage) ratio
  • 9.42%Tier 1 risk-based capital ratio
  • 15.78%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $389,910Average earning assets
  • $41,002Average equity
  • $366,760Average loans

List of branches

  • 6 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043530Orange Savings Bank, Ssb812 Sixteenth Street, Orange, TX 77630May 17, 1954Full Service Brick and Mortar
    1281716960 North Main Street Branch960 North Main Street, Vidor, TX 77662May 17, 1954Full Service Brick and Mortar
    2260034Mclewis Branch2668 Hwy 62 N, Orange, TX 77632October 01, 1997Full Service Brick and Mortar
    3260035Newton BranchRusk And Magnolia Streets, Newton, TX 75966April 13, 1998Full Service Brick and Mortar
    4433269Highway 12 And Johnson Road BranchHighway 12 And Johnson Road, Mauriceville, TX 77626November 16, 2004Full Service Brick and Mortar
    5527545Port Arthur Banch (Temporary Locatio3260 Central Mall Drive, Port Arthur, TX 77642October 31, 2011Full Service Brick and Mortar

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