FDIC Certificate #: 28705 Status: Inactive Closing history: Corrections Acquiring institution:Sky Bank (#5982) Federal Reserve ID: 140876 Date Established: January 01, 1894 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 7 (Interstate: No) OTS Docket #: 2189 FDIC's unique #: 41539 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) Insured commercial Banks: Yes FDIC Insured: Yes SAIF Insured: Yes State Chartered: No Date of Deposit Insurance: November 15, 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: 36 North Detroit Street, Xenia, OH 45385 County: Greene 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): Dayton-Springfield, OH (#2000) Combined Statistical Area (CSA): Dayton-Springfield-Greenville, OH (#212) Core Based Statistical Area (CBSA): Dayton, OH (#19380) CBSA Metro Statistical Area: Dayton, OH (#19380)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $244.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
86Total employees (full-time equivalent)
$195,907Total assets
$2,925Cash and due from depository institutions
$0Interest-bearing balances
$33,274Securities
$300Federal funds sold & reverse repurchase agreements
$151,048Net loans & leases
$1,673Loan loss allowance
$0Trading account assets
$3,955Bank premises and fixed assets
$0Other real estate owned
$1,603Goodwill and other intangibles
$0Life insurance assets
$2,802All other assets
$195,907Total liabilities and capital
$178,221Total liabilities
$128,111Total deposits
$114,850Interest-bearing deposits
$128,111Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$44,850Other borrowed funds
$0Subordinated debt
$5,260All other liabilities
$17,686Total equity capital
$17,686Total bank equity capital
$17,686Perpetual preferred stock
$0Common stock
$3,460Surplus
$12,277Undivided profits
Memoranda
$1,949Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,379Earning assets
$0Long-term assets (5+ years)
$1,045Average Assets, year-to-date
$184,622Average Assets, quarterly
$28,776Volatile liabilities
$218,802Insider loans
$202,836FHLB advances
$41,268Loans and leases held for sale
$1,275Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$739Total risk weighted assets
$37,406Total unused commitments
$0Restructured Loans and leases
$137,706Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$17,132Total interest income
$9,285Total interest expense
$7,847Net interest income
$420Provision for loan and lease losses
$10,815Total noninterest income
$0Fiduciary activities
$477Service charges on deposit accounts
$0Trading account gains & fees
$10,338Additional noninterest income
$8,115Total noninterest expense
$2,949Salaries and employee benefits
$893Premises and equipment expense
$4,273Additional noninterest expense
$10,127Pre-tax net operating income
-$91Securities gains (losses)
$3,576Applicable income taxes
$6,460Income before extraordinary items
$0Extraordinary gains - net
$6,460Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$842Sale, conversion, retirement of capital stock, net
$9,000Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.34%Yield on earning assets
4.52%Cost of funding earning assets
3.82%Net interest margin
5.27%Noninterest income to earning assets
3.95%Noninterest expense to earning assets
2.98%Net operating income to assets
2.95%Return on assets (ROA)
4.59%Pretax return on assets
37.13%Return on equity (ROE)
-14.60%Retained earnings to average equity (YTD only)
0.50%Net charge-offs to loans
49.88%Credit loss provision to net charge-offs
12.53%Efficiency ratio
40,006Assets per employee
2.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
139.32%Loss allowance to loans
1.10%Loss allowance to noncurrent loans
121.32%Noncurrent assets plus other real estate owned to assets
0.70%Noncurrent loans to loans
0.90%Net loans and leases to deposits
117.90%Net loans and leases to core deposits
125.00%Equity capital to assets
9.03%Core capital (leverage) ratio
8.06%Tier 1 risk-based capital ratio
11.79%Total risk-based capital ratio
Memoranda
$13Average assets
$218,802Average earning assets
$17,398Average equity
$205,314Average loans
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