Oakwood Bank, Financial Information

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.

The Oakwood State Bank is a commercial bank, state charter and Fed nonmember, supervised by the FDIC. The bank was established in 1900. It is called the smallest bank in the United States. It serves some six hundred accounts in the same manner that it did in the 1950s—without new banking conveniences of recent decades.Even account numbers are ignored, for the bank focuses on the customers' names.