Serving and supporting the community of Oglesby and the surrounding area since 1925 stands Oglesby State Bank.  Oglesby State Bank is chartered as a Federal Reserve Non-member.  Therefore the primary regulator is the Federal Deposit Insurance Corporation (FDIC).  Oglesby State Bank has been FDIC insured since January 1, 1934.  The bank has approximately four full time employees.  As of December 31, 2008 the bank had total assets of $12,724,000 and total deposits of $11,651,000.  To end 2008, Oglesby State Bank had net income of $100,000.

Oglesby State Bank most recent performance ratios.
As of December 31, 2008:

Yield on earning assets 8.66% 
Cost of funding earning assets 3.03% 
Net interest margin 5.63%
Return on assets (ROA) 0.83%
Return on equity (ROE) 10.88%
Noncurrent loans to loans 0.83%
Equity capital to assets 7.62% 
Core capital (leverage) ratio 7.55% 
Tier 1 risk-based capital ratio 10.20% 
Total risk-based capital ratio 11.46%

Oglesby State Bank products and services:

Oglesby State Bank account options include checking accounts, senior checking accounts, NOW accounts, interest-bearing accounts, commercial checking, savings accounts, money market accounts, certificates of deposit accounts and IRA’s.  Oglesby State Bank offers numerous types of loans including: personal loans, personal credit cards, motor vehicle loans, construction loans, residential mortgage loans, home equity loans, home improvement loans, commercial loans and agricultural loans.  The bank also offers online banking features include 24-hour access to account information, account statements, in-bank transfers, detailed transaction histories and electronic bill payment through the FundsXpress Financial Network system.  Commercial customers benefit as well with cash management tools designed to streamline many of the tasks required to manage your business.  Businesses also receive all of the benefits of basic Internet banking, plus the following: ACH origination, payroll direct deposit, electronic federal tax payment system and wire transfers

Oglesby State Bank locations:

117 FM 1996
Oglesby, Texas 76561
254 470-2261
Fax 254 456-2517

Oglesby State Bank web address: www.oglesbysb.com

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