Omni Bank in Metairie, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2011

  • Omni Bank in Metairie, Louisiana (LA)
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Omni Bank routing number info

Omni Bank - Overview

  • General
  • FDIC Certificate #: 27397
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Iberiabank (#28100)
    Federal Reserve ID: 1229424
    Date Established: December 15, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 17 (Interstate: No)
    OTS Docket #: 10164
    FDIC's unique #: 39865
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 15, 1988
    Last Structure Change Effective Date: June 01, 2011
    Last Structure Change Process Date: June 08, 2011
    Last Data Update: June 08, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 2900 Ridgelake Drive, Metairie, LA 70002
    County: Jefferson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
    Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
    Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
    CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
  • Financial Summary
  • Total assets: $735.5 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, 2010)

  • Dollar figures in thousands
  • 242Total employees (full-time equivalent)
  • $734,702Total assets
  • $50,411Cash and due from depository institutions
  • $35,238Interest-bearing balances
  • $87,699Securities
  • $5,035Federal funds sold & reverse repurchase agreements
  • $516,995Net loans & leases
  • $7,879Loan loss allowance
  • $0Trading account assets
  • $33,327Bank premises and fixed assets
  • $17,358Other real estate owned
  • $0Goodwill and other intangibles
  • $8,795Life insurance assets
  • $23,877All other assets
  • $734,702Total liabilities and capital
  • $680,213Total liabilities
  • $646,235Total deposits
  • $502,808Interest-bearing deposits
  • $646,235Deposits held in domestic offices
  • 82.48%% insured (estimated)
  • $9,851Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $23,249Other borrowed funds
  • $0Subordinated debt
  • $878All other liabilities
  • $54,489Total equity capital
  • $54,489Total bank equity capital
  • $54,489Perpetual preferred stock
  • $0Common stock
  • $1,034Surplus
  • $29,519Undivided profits
  • Memoranda
  • $23,936Noncurrent loans and leases
  • $67,757Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $34,042Earning assets
  • $194Long-term assets (5+ years)
  • $2,331Average Assets, year-to-date
  • $644,967Average Assets, quarterly
  • $143,212Volatile liabilities
  • $749,190Insider loans
  • $740,167FHLB advances
  • $170,474Loans and leases held for sale
  • $18,847Unused loan commitments
  • $23,249Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $67,757Total unused commitments
  • $13,468Restructured Loans and leases
  • $6,792Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $38,537Total interest income
  • $7,380Total interest expense
  • $31,157Net interest income
  • $3,705Provision for loan and lease losses
  • $5,195Total noninterest income
  • $116Fiduciary activities
  • $3,275Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,804Additional noninterest income
  • $33,424Total noninterest expense
  • $15,178Salaries and employee benefits
  • $6,602Premises and equipment expense
  • $11,644Additional noninterest expense
  • -$777Pre-tax net operating income
  • $718Securities gains (losses)
  • -$213Applicable income taxes
  • $154Income before extraordinary items
  • $0Extraordinary gains - net
  • $154Net income attributable to bank
  • $0Net charge-offs
  • $154Cash dividends
  • $7,142Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.83%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 4.71%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 5.06%Noninterest expense to earning assets
  • -0.04%Net operating income to assets
  • 0.02%Return on assets (ROA)
  • -0.01%Pretax return on assets
  • 0.28%Return on equity (ROE)
  • 0.28%Retained earnings to average equity (YTD only)
  • 1.31%Net charge-offs to loans
  • 51.88%Credit loss provision to net charge-offs
  • 0.41%Efficiency ratio
  • 91,945Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 23.14%Noncurrent assets plus other real estate owned to assets
  • 7.00%Noncurrent loans to loans
  • 6.49%Net loans and leases to deposits
  • 80.00%Net loans and leases to core deposits
  • 102.45%Equity capital to assets
  • 7.42%Core capital (leverage) ratio
  • 7.43%Tier 1 risk-based capital ratio
  • 10.08%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $749,190Average earning assets
  • $55,758Average equity
  • $660,863Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $27,384Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 162Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $27,384Other retirement accounts
  • $1,195Corporate trust and agency accounts
  • $468Other fiduciary accounts
  • $2,347Fiduciary accounts held in foreign offices

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