Osb Community Bank
Ottawa, Illinois · FDIC Cert #27989
Osb Community Bank is an FDIC-insured bank (Certificate #27989) with $353M in total assets and $279M in total deposits as of the Q2 2024 Call Report. Headquartered in Ottawa, Illinois, the bank maintains a Tier 1 capital ratio of 16.40% (Well-Capitalized) and a nonperforming loan ratio of 1.62%. BankHealthData assigns a composite Health Grade of C (62/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Osb Community Bank (FDIC cert 27989) is a community bank — $353M in total assets, $279M in deposits, serving the Ottawa, Illinois area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 16.40% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 1.62% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is thin: 8.9% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is minimal: ROA of 0.19% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Osb Community Bank carries a composite BankHealth grade of C (62/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Osb Community Bank
- Total Assets
- $353M
- Total Deposits
- $279M
- Tier 1 Capital Ratio
- 16.40%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.62%
- Liquidity Ratio
- 8.89%
- Return on Assets
- 0.19%
- Headquarters
- Ottawa, Illinois
- FDIC Certificate
- #27989
- Health Grade
- C (62/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Osb Community Bank holds a Tier 1 capital ratio of 16.40%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Osb Community Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Osb Community Bank shows average financial health. While not alarming, its Health Score of 62/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Osb Community Bank Compares
Osb Community Bank’s Health Score of 62 is 10 points below the Illinois state average of 72 across 333 FDIC-insured banks. Its 16.40% Tier 1 capital ratio is 2.4 points above the US banking industry average near 14%. The 1.62% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.19% is below the national ROA benchmark of ~1.1%. Among 1569 similarly-sized banks, the average Health Score is 69, meaning this bank ranks below its size cohort. Site-wide, Osb Community Bank is 8 points below the portfolio average of 70.
Frequently Asked Questions
Osb Community Bank has a Bank Health Score of C (62/100), placing it in average financial health. It holds a Tier 1 capital ratio of 16.40%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Osb Community Bank's Tier 1 capital ratio of 16.40% and nonperforming loan ratio of 1.62% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Osb Community Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #27989). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Osb Community Bank holds $353M in total assets and $279M in total deposits. It is headquartered in Ottawa, Illinois (FDIC Certificate #27989).
Osb Community Bank has a Tier 1 capital ratio of 16.40%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.62%, and the return on assets is 0.19%.
Yes. Osb Community Bank is FDIC-insured (Certificate #27989). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Osb Community Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.