Ouachita Independent Bank in Monroe, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Ouachita Independent Bank in Monroe, Louisiana (LA)
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Ouachita Independent Bank - Overview

  • General
  • FDIC Certificate #: 34332
    Status: Active
    Federal Reserve ID: 2454607
    Bank Holding Company (Regulatory Top Holder): Ouachita Bancshares Corp. (RSSDID: 2454586, Location: Monroe, LA)
    Date Established: March 03, 1997
    WWW: http://www.oibank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Domestic: 12, Interstate: No)
    FDIC's unique #: 57091
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: March 03, 1997
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 909 North 18th Street, Monroe, LA 71201
    County: Ouachita
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Shreveport
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Monroe, LA (#5200)
    Combined Statistical Area (CSA): Monroe-Bastrop, LA (#384)
    Core Based Statistical Area (CBSA): Monroe, LA (#33740)
    CBSA Metro Statistical Area: Monroe, LA (#33740)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $567.7 mil
    Equity capital: $64.2 mil
    Deposits held in domestic offices: $472.5 mil
    Return on assets (ROA): 1.86% ($10.6 mil)
    Quarterly return on assets: 1.96% ($11.1 mil)
    Return on Equity (ROE): 18.97% ($12.1 mil)
    Quarterly return on equity: 17.47% ($11.2 mil)
    Net income: $9.7 mil
    Quarterly Net income: $2.7 mil
    Pretax return on assets: 1.86% ($10,558.4 mil)
    Quarterly Pretax return on assets: 1.96% ($11,126.1 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
  • 169Total employees (full-time equivalent)
  • $567,658Total assets
  • $50,610Cash and due from depository institutions
  • $40,096Interest-bearing balances
  • $117,894Securities
  • $1,141Federal funds sold & reverse repurchase agreements
  • $371,430Net loans & leases
  • $3,983Loan loss allowance
  • $0Trading account assets
  • $15,348Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $567,658Life insurance assets
  • $11,235All other assets
  • $503,497Total liabilities and capital
  • $472,474Total liabilities
  • $338,313Total deposits
  • $472,474Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 25755.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,619Trading liabilities
  • $0Other borrowed funds
  • $3,649Subordinated debt
  • $64,161All other liabilities
  • $64,161Total equity capital
  • $64,161Total bank equity capital
  • $0Perpetual preferred stock
  • $2,000Common stock
  • $36,028Surplus
  • $26,133Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $5,688Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,100Income earned, not collected on loans
  • $0Earning assets
  • $2,334Long-term assets (5+ years)
  • $530,561Average Assets, year-to-date
  • $107,311Average Assets, quarterly
  • $524,374Volatile liabilities
  • $559,239Insider loans
  • $411,642FHLB advances
  • $562,122Loans and leases held for sale
  • $5,626Unused loan commitments
  • $980Tier 1 (core) risk-based capital
  • $58,794Tier 2 risk-based capital
  • $3,291Total risk weighted assets
  • $1,355Total unused commitments
  • $76,125Restructured Loans and leases
  • $1,350Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $25,209Total interest income
  • $3,645Total interest expense
  • $21,564Net interest income
  • $752Provision for loan and lease losses
  • $6,440Total noninterest income
  • $0Fiduciary activities
  • $2,053Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,387Additional noninterest income
  • $17,604Total noninterest expense
  • $10,450Salaries and employee benefits
  • $2,331Premises and equipment expense
  • $4,823Additional noninterest expense
  • $9,648Pre-tax net operating income
  • $89Securities gains (losses)
  • $0Applicable income taxes
  • $9,737Income before extraordinary items
  • $0Extraordinary gains - net
  • $9,737Net income attributable to bank
  • $0Net charge-offs
  • $9,737Cash dividends
  • $62Sale, conversion, retirement of capital stock, net
  • $8,522Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.18%Yield on earning assets
  • 0.75%Cost of funding earning assets
  • 4.43%Net interest margin
  • 1.32%Noninterest income to earning assets
  • 3.62%Noninterest expense to earning assets
  • 1.84%Net operating income to assets
  • 1.86%Return on assets (ROA)
  • 1.86%Pretax return on assets
  • 18.97%Return on equity (ROE)
  • 2.37%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 1212.90%Credit loss provision to net charge-offs
  • 167.74%Efficiency ratio
  • 62,216Assets per employee
  • 3.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 87.52%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 189.67%Noncurrent assets plus other real estate owned to assets
  • 0.37%Noncurrent loans to loans
  • 0.56%Net loans and leases to deposits
  • 78.61%Net loans and leases to core deposits
  • 84.53%Equity capital to assets
  • 11.30%Core capital (leverage) ratio
  • 10.46%Tier 1 risk-based capital ratio
  • 14.28%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $524,374Average earning assets
  • $51,325Average equity
  • $486,952Average loans

List of branches

  • 12 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    057091Ouachita Independent Bank909 North 18th Street, Monroe, LA 71201March 03, 1997Full Service Brick and Mortar
    1290542West Monroe Branch701 Mcmillan Road, West Monroe, LA 71291November 17, 1997Full Service Brick and Mortar
    2290543North 7th Street Branch2002 North 7th Street, West Monroe, LA 71291August 31, 1998Full Service Brick and Mortar
    3290544Lakeshore Branch7950 Desiard Street, Monroe, LA 71203January 24, 2000Full Service Brick and Mortar
    411012Bastrop Branch311 North Franklin, Bastrop, LA 71220August 21, 1950Full Service Brick and Mortar
    5239548East Madison Branch1503 East Madison Street, Bastrop, LA 71220October 11, 1977Full Service Brick and Mortar
    6418679Highway 165 North Branch4370 Sterlington Road, Monroe, LA 71203March 17, 2003Full Service Brick and Mortar
    7418684Fern Branch6801 Fern Avenue, Shreveport, LA 71105April 07, 2003Full Service Brick and Mortar
    8431549Ellerbe Road Branch9010 Ellerbe Rd, Shreveport, LA 71106April 15, 2004Full Service Brick and Mortar
    9439894Garrett Drive Branch800 Garrett Drive, Bossier City, LA 71111April 18, 2005Full Service Brick and Mortar
    12482165Benton Rd. Branch4200 Benton Road, Bossier City, LA 71111October 20, 2008Full Service Brick and Mortar
    13513632Drew Community Branch1270 Highway 15, West Monroe, LA 71292October 15, 2010Full Service Brick and Mortar

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