Oostburg State 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.

By early 1908 the Oostburg State Bank was open for business with total capital of $25,000 ready to serve the 350 residents of the village. The original bank building was made of concrete blocks and was located on the corner of S. 10th Street and Center Avenue. Today the OSB has over 8,000 customers located throughout Sheboygan County and maintains total assets exceeding $180 million dollars. This continuing success can be attributed to bank’s excellent leadership, faithful employees, and the unfailing support of the communities it serves.

Oostburg State Bank offers customers the option of having a mortgage loan that is serviced by their local bank. Payments are made locally and servicing is done locally. Your entire borrowing experience from application to your final payment can be done with your hometown bank.

Oostburg Financial Services, located at Oostburg State Bank, is a full-service investment and retirement planning program with a wide variety of products to meet your investment needs.

Oostburg State Bank
905 Center Ave
PO Box 700198
Oostburg, WI 53070-0198

Oostburg State Bank
10 Phoenix Avenue
PO Box 356
Cedar Grove, WI 53013-0356