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)
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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
    Corrections
  • 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

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