And every good relationship begins with a conversation. That's our philosophy at Mutual of Omaha Bank. We strive to build strong relationships rooted in a good communication. Above all else, we keep our word.
This report highlights conversations with some of our valued clients. As you watch their stories, you'll see the impact of a bank that listens. And delivers.
Lone Star Investment Advisors isn’t your typical private equity firm. Their innovative partnership with Mutual of Omaha Bank is spurring economic growth in low-income communities across Texas.
Kevin Jones has built his career – in his words – by “teaming with the right people.” So when Papa John’s Salads & Produce needed a strong financial partner for a large expansion, he called Mutual of Omaha Bank.
Our results were strong and continued to prove our strategy. Deposits grew by 8 percent, while our loan portfolio grew by more than 14 percent. Assets and capital both increased as we continued on a path of safe, sound and profitable growth.
Our commercial bankers partnered with businesses to finance expansion, spurring economic growth and job creation in many of our markets. We closed nearly $1.5 billion in new mortgages in 2012, including loans to many first-time home buyers. We also focused on enhancing our client experience by streamlining processes, investing in new technology and strengthening our service model.
It’s fair to say our first five years exceeded even my highest expectations. In 2007, we set out to build a high performing, best-in-class bank. Five years later, I’m proud to say we’re achieving that goal. We’ve literally grown from a start-up into a $6 billion bank, reaching clients across the country with comprehensive banking solutions.
First and foremost, we’ve had a clear purpose from day one. We are a relationship bank. Every day, we work together to build value-added relationships with our clients. Second, we’ve assembled one of the most talented and experienced teams in the industry. Third, we’ve remained financially strong and secure, offering our clients peace of mind during a challenging economic climate. Finally, our brand and core values – which come from our highly-rated parent company – set us apart from our competition.
We will continue to enhance our product portfolio and service model. We will expand delivery channels and use emerging technologies to forge new client relationships. We will focus on our core competencies – community banking, mortgage lending and community association banking. Most of all, we will focus on our purpose – to build strong relationships with our clients, helping them achieve their financial goals.
| Assets | 2011 | 2012 | ||
|---|---|---|---|---|
| Cash & Due from Banks | 123,496 | 194,817 | ||
| Investments Securities | 1,068,282 | 804,994 | ||
| Total Loans Receivable | 4,018,488 | 4,607,126 | ||
| Goodwill & Intangibles | 199,105 | 195,383 | ||
| Other Assets | 147,097 | 120,498 | ||
Total Assets |
$5,556,468 |
$5,922,818 |
| Liabilities | 2011 | 2012 | ||
|---|---|---|---|---|
| Deposits | ||||
| DDA | 615,765 | 929,426 | ||
| NOW | 691,734 | 840,504 | ||
| Money Market | 2,095,718 | 2,218,621 | ||
| Savings | 54,849 | 60,445 | ||
| Time Accounts | 1,107,302 | 879,139 | ||
| Total Deposits | 4,565,368 | 4,928,135 | ||
| Borrowings & Other Liabilities | 362,340 | 312,049 | ||
| Total Liabilites | 4,927,708 | 5,240,184 | ||
| Capital | 628,760 | 682,634 | ||
Total Liabilites & Capital |
$5,556,468 |
$5,922,818 |
||
Community Banking
Our geographic footprint includes 49 full-service community bank locations and loan production offices in the following states: Arizona, California, Colorado, Florida, Hawaii, Iowa, Missouri, Nebraska, Nevada and Texas.
These locations are staffed by experienced local bankers committed to building long-term relationships and delivering comprehensive banking solutions.
National Banking
Through a national network of representatives, we are proud to serve homeowners, business owners and property management companies in all 50 states. Our national product portfolio includes:
Investing in our communities was a key priority for Mutual of Omaha Bank in 2012. Our employees volunteered their time and talents for a wide range of nonprofit organizations from coast to coast. Whether building a home, serving meals at a local shelter, raising money for cancer research, offering financial mentoring or conducting holiday toy drives, we were committed to lending a helping hand throughout the year.
Our support also included financial giving to our community partners. Our dollars were invested in the critical work that strengthens our communities, making them vibrant places to live and work.
Grow your business with customized solutions delivered by a team of experienced business experts.
Manage your personal finances with a full menu of banking solutions.
Build and protect your wealth with tailored solutions and dedicated advisor.
Finance your home with a loan that best fits your needs - from a strong lending partner.
Streamline your community association finances with the lender in homeowner association banking.