Owen County State Bank
Spencer, Indiana, Owen County
$389M in total assets, the 2,137th largest of 4,309 US banks and 53rd of 89 headquartered in Indiana.
- FDIC certificate
- 13112
- Established
- 1934
- Owned by
- Owen Financial Corp
- Primary regulator
- FDIC
- Website
- www.ocsbank.com
At a glance
Compared with 59 banks headquartered in Indiana with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $389M | 48% | $400M | |
| Loans | $270M | 51% | $265M | |
| Deposits | $324M | 46% | $345M | |
| Return on assets | 0.75% | 22% | 1.03% | |
| Net interest margin | 3.54% | 39% | 3.73% | |
| Efficiency ratio | 70.8% | 66% | 65.8% | |
| Equity to assets | 6.87% | 5% | 9.47% | |
| Loans to deposits | 83% | 54% | 82% |
Growth
Total assets grew 5.3% a year over the last 5 years and 7.1% a year over 10 years, without acquisitions.
Where they operate
7 branches in 5 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Owen County, IN | $194M | 73.1% | 1 of 2 |
| Monroe County, IN | $65M | 1.9% | 8 of 14 |
| Greene County, IN | $46M | 10.0% | 6 of 6 |
| Knox County, IN | $10M | 1.0% | 7 of 9 |
| Lawrence County, IN | $9M | 1.7% | 6 of 7 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 3 branches since 2016 (4 to 7, +75.0%). 5 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 4 | |||
| 2018 | Opened Linton | 1 | 0 | +1 | 5 |
| 2019 | Opened Bloomfield | 1 | 0 | +1 | 6 |
| 2020 | Opened Bedford | 1 | 0 | +1 | 7 |
| 2021 | Opened Bicknell and BloomingtonClosed Bloomington | 2 | 1 | +1 | 8 |
| 2025 | Closed Bloomfield | 0 | 1 | −1 | 7 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 44% | 43% | |
| Commercial real estate | 27% | 21% | |
| Construction and land | 10% | 6% | |
| Business (C&I) | 9% | 9% | |
| Multifamily | 7% | 3% | |
| Consumer | 2% | 3% | |
| Farmland | 1% | 9% | |
| Agricultural | 0% | 5% | |
| Other | 0% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 60% | 56% | |
| Time deposits | 25% | 27% | |
| Noninterest-bearing | 14% | 17% |
Brokered deposits are 4.6% of deposits (peers 2.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.62% | 0.59% |
| Net charge-offs, annualized | 0.01% | 0.01% |
| Reserves to loans | 1.32% | 1.25% |
| Leverage ratio | 8.55% | 10.22% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Indiana
Largest competitors in Owen County, IN
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/owen-county