American Community Bank, National Association in Lima, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 05, 1998

  • American Community Bank, National Association in Lima, Ohio (OH)
  • Show street view No street view available for this location

American Community Bank, National Association - Overview

  • General
  • FDIC Certificate #: 15001
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Sky Bank (#5982)
    Federal Reserve ID: 782221
    Date Established: January 01, 1903
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 13 (Interstate: No)
    OTS Docket #: 10305
    FDIC's unique #: 9403
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 23, 1935
    Last Structure Change Effective Date: December 05, 1998
    Last Structure Change Process Date: January 07, 1999
    Last Data Update: January 07, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 West Market Street, Lima, OH 45802
    County: Allen
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Lima, OH (#4320)
    Combined Statistical Area (CSA): Lima-Van Wert-Wapakoneta, OH (#338)
    Core Based Statistical Area (CBSA): Lima, OH (#30620)
    CBSA Metro Statistical Area: Lima, OH (#30620)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $370.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 155Total employees (full-time equivalent)
  • $377,891Total assets
  • $12,201Cash and due from depository institutions
  • $124Interest-bearing balances
  • $65,540Securities
  • $1,067Federal funds sold & reverse repurchase agreements
  • $282,556Net loans & leases
  • $3,369Loan loss allowance
  • $0Trading account assets
  • $7,535Bank premises and fixed assets
  • $0Other real estate owned
  • $4,305Goodwill and other intangibles
  • $0Life insurance assets
  • $4,687All other assets
  • $377,891Total liabilities and capital
  • $347,789Total liabilities
  • $324,122Total deposits
  • $299,383Interest-bearing deposits
  • $324,122Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $15,245Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,158Other borrowed funds
  • $0Subordinated debt
  • $1,264All other liabilities
  • $30,102Total equity capital
  • $30,102Total bank equity capital
  • $30,102Perpetual preferred stock
  • $0Common stock
  • $7,566Surplus
  • $21,703Undivided profits
  • Memoranda
  • $833Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,064Earning assets
  • $0Long-term assets (5+ years)
  • $2,025Average Assets, year-to-date
  • $349,287Average Assets, quarterly
  • $60,209Volatile liabilities
  • $377,357Insider loans
  • $377,647FHLB advances
  • $42,864Loans and leases held for sale
  • $2,265Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,116Total risk weighted assets
  • $41,726Total unused commitments
  • $0Restructured Loans and leases
  • $286,049Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $28,785Total interest income
  • $14,403Total interest expense
  • $14,382Net interest income
  • $830Provision for loan and lease losses
  • $3,589Total noninterest income
  • $0Fiduciary activities
  • $1,428Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,161Additional noninterest income
  • $12,765Total noninterest expense
  • $4,552Salaries and employee benefits
  • $1,523Premises and equipment expense
  • $6,690Additional noninterest expense
  • $4,376Pre-tax net operating income
  • -$394Securities gains (losses)
  • $1,170Applicable income taxes
  • $2,812Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,812Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $215Sale, conversion, retirement of capital stock, net
  • $5,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.20%Yield on earning assets
  • 4.11%Cost of funding earning assets
  • 4.10%Net interest margin
  • 1.02%Noninterest income to earning assets
  • 3.64%Noninterest expense to earning assets
  • 0.82%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.06%Pretax return on assets
  • 8.89%Return on equity (ROE)
  • -6.91%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 386.05%Credit loss provision to net charge-offs
  • 24.21%Efficiency ratio
  • 68,460Assets per employee
  • 2.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 177.81%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 163.23%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 87.18%Net loans and leases to core deposits
  • 95.30%Equity capital to assets
  • 7.97%Core capital (leverage) ratio
  • 6.97%Tier 1 risk-based capital ratio
  • 9.13%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $377,357Average earning assets
  • $31,648Average equity
  • $350,831Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with American Community Bank, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents