Announcements

Oakworth Capital Inc. Announces 29% Increase in 2018 Earnings

January 31, 2019, by Lindsey Owens Krausen

Oakworth Capital Inc. (“Oakworth”) reported record financial results in 2018 with net income of $7.0 million, a 29% increase over its 2017 net income of $5.4 million. Financial highlights include the following: Assets of $613 million at December 31, 2018, 17% higher than December 31, 2017’s $526 million Loans of $474 million at year-end 2018, 9% higher than year-end 2017’s $435 million Deposits of $533 million, 17% higher than year-end 2017’s $457 million Wealth assets...

4th Quarter Economic Update

January 23, 2019, by Lindsey Owens Krausen

Investors overreacted during the 4th Quarter, but for understandable reasons. There has been a lot of ‘uncertainty’ in the markets, and no one likes uncertainty. Unfortunately, all these worries seemed to hit at a time when standard negative seasonal factors were at play. As a result, the markets were still wringing their collective hands after the somewhat usual bad October. In simple terms, the buyers just didn’t show up in November and December like they...

American Banker names Oakworth Capital Bank the Best Bank to Work For in the Nation

August 28, 2018, by Lindsey Owens Krausen

Oakworth Capital Bank has been named to American Banker’s 2018 Best Banks to Work For, ranking first nationally. The ranking, which began in 2013, is a project of American Banker and Best Companies Group to recognize and honor the best banks to work for in the nation. This is Oakworth’s second consecutive year to make the list. “We are honored to be recognized by the American Banker in this prestigious ranking”, said CEO Scott Reed. ...

5 Ways to Make Your Debit Card Work for You

August 23, 2018, by Lindsey Owens Krausen

5 Ways to Get the Most from Your Oakworth Debit Card 1. Did you know your Debit Card has Rewards? Scorecard Rewards is an easy-to-use reward program. Register your debit card to start earning points by using the card as credit during the transaction. Reward points can be redeemed for thousands of items and services. Learn more and register your card here: https://www.oakworthcapital.com/debit-card-rewards 2. Mobile Wallet Capability Add your debit card to your Mobile Wallet on...

Oakworth Capital Bank Ranked Among America’s Fastest-Growing Private Companies for 2nd Year

August 15, 2018, by Lindsey Owens Krausen

Inc. Magazine Unveils Its 37th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000 For the 2nd Time, Oakworth Capital Bank Appears on the Inc. 5000 list, jumping over 500 spots to Rank No. 3798 Inc. magazine today ranked Oakworth Capital Bank No. 3798 on its 37th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most...

Introducing Trading Perspectives Podcast with John Norris

August 8, 2018, by Lindsey Owens Krausen

Trading Perspectives is a podcast designed to provide clients with education and a unique insight into specific factors that are currently driving our nation's economy. It is hosted by Oakworth Capital Bank's Chief Economist, John Norris. Welcome to the 1st episode of Trading Perspectives! Statistics show that only a very small amount of people think the world is becoming a better place. In this episode our host John Norris and co-host Sam Clement will be...

Meet the Oakworth Summer Intern Associates

July 31, 2018, by Lindsey Owens Krausen

Alexander Mitchell This summer at Oakworth I was able to truly be a part of the team and see all the different facets and roles of each department. Over the course of the internship I took on various projects and was given real responsibilities. In my first rotation I was able to dive into the three different financial statements paired with Moody’s Analytics software for asset base lending. This project was something that I found...

Oakworth Capital Bank Named Among Top 200 Healthiest Banks in America

April 23, 2018, by Lindsey Owens Krausen

Oakworth Capital Bank has been named to the 2018 DepositAccounts Top200 list of Healthiest Banks in America. Oakworth ranked 28th nationally and 1st in Alabama. This marks the 4th consecutive year in a row that Oakworth has been in the Top 200 and has achieved an “A+” in the annual health rating for 15 consecutive quarters, ranking it as one of the healthiest FDIC insured banks in the United States. “We are proud to...

Oakworth Capital Bank Celebrates 10 Years of Growth with Move to Shades Creek

April 6, 2018, by Lindsey Owens Krausen

Oakworth Capital Bank recently moved its headquarters to 850 Shades Creek Parkway. The move marks 10 years of successful operations. To celebrate, Oakworth held a ribbon cutting ceremony at the new building in conjunction with an open-house for clients and guests to tour the building. Oakworth was founded on March 30, 2008 by financial industry veterans who believed in redefining financial services. [caption id="attachment_3317" align="aligncenter" width="800"] Oakworth Capital Bank Ribbon Cutting Ceremony[/caption] “Ten years...

The Oakworth Commitment

March 23, 2018, by Lindsey Owens Krausen

Oakworth began operation at the beginning of the Great Recession as interest rates were falling. During that period of falling rates, we were mindful that our clients count on us to pay competitive interest rates on their deposits. We lowered deposit rates at the slowest possible pace while maintaining a prudent approach to managing our business. As I am sure you are aware, interest rates are rising as a result of the Federal Reserve raising...