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Bank of Okolona, Financial Information

AboutBank of Okolona

 Address:
227 West Main Street
Okolona,MS
Chickasaw County,Mississippi
 Established:
Jan 1931
 Number of domestic offices:
4
Total assets$227M
Net income$2M
Net income,quarterly$1M
Total deposits$198M
Domestic deposits$198M
Equity capital$24M
ROA0.92%
ROAQ,quarterly1.13%
ROA,pretax1.13%
ROAQ,quarterly,pretax1.13%
ROE8.77%
ROEQ,quarterly10.72%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Bank of Okolona - commercial bank, state charter and Fed nonmember, supervised by the FDIC. Operational for more than 75 years, Bank of Okolona is a full-service financial institution that offers a range of banking services and depository and lending products. It provides personal checking, savings and individual retirement accounts.

Bank of Okolona offers various consumers and construction loans, as well as several mortgage options. In addition, the bank provides telephone and Internet banking solutions and issues deposit certificates. It offers ATM and credit cards, as well as merchant services.

321 West Madison Street
Houston, MS 38851
Chickasaw County
(662) 447-1321
(662) 447-3707

Historical Data