FDIC Certificate #: 28111 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Provident Bank (#744) Federal Reserve ID: 661876 Date Established: January 01, 1876 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 15 (Interstate: No) OTS Docket #: 913 FDIC's unique #: 40945 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: April 06, 1961 Last Structure Change Effective Date: Febuary 05, 2000 Last Structure Change Process Date: May 15, 2000 Last Data Update: May 15, 2000 Data Source Date: April 05, 2012
Location
Address: 5535 Glenway Avenue, Cincinnati, OH 45238 County: Hamilton 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): Cincinnati, OH-KY-IN (#1640) Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21) Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178) Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140) CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
Financial Summary
Total assets: $811.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
72Total employees (full-time equivalent)
$811,266Total assets
$15,513Cash and due from depository institutions
$3,811Interest-bearing balances
$88,131Securities
$2,009Federal funds sold & reverse repurchase agreements
$682,421Net loans & leases
$3,192Loan loss allowance
$0Trading account assets
$12,123Bank premises and fixed assets
$129Other real estate owned
$6,722Goodwill and other intangibles
$0Life insurance assets
$4,218All other assets
$811,266Total liabilities and capital
$715,719Total liabilities
$596,190Total deposits
$580,794Interest-bearing deposits
$596,190Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$117,723Other borrowed funds
$0Subordinated debt
$1,806All other liabilities
$95,547Total equity capital
$95,547Total bank equity capital
$95,547Perpetual preferred stock
$0Common stock
$2Surplus
$53,620Undivided profits
Memoranda
$41,925Noncurrent loans and leases
$62,532Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,517Earning assets
$0Long-term assets (5+ years)
$3,382Average Assets, year-to-date
$776,372Average Assets, quarterly
$465,112Volatile liabilities
$808,382Insider loans
$806,894FHLB advances
$135,206Loans and leases held for sale
$1,656Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$62,532Total unused commitments
$0Restructured Loans and leases
$3,192Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$57,065Total interest income
$32,182Total interest expense
$24,883Net interest income
$255Provision for loan and lease losses
$1,689Total noninterest income
$0Fiduciary activities
$827Service charges on deposit accounts
$0Trading account gains & fees
$862Additional noninterest income
$16,583Total noninterest expense
$7,666Salaries and employee benefits
$2,397Premises and equipment expense
$6,520Additional noninterest expense
$9,734Pre-tax net operating income
$0Securities gains (losses)
$3,720Applicable income taxes
$6,014Income before extraordinary items
$0Extraordinary gains - net
$6,014Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$23Sale, conversion, retirement of capital stock, net
$3,371Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.36%Yield on earning assets
4.15%Cost of funding earning assets
3.21%Net interest margin
0.22%Noninterest income to earning assets
2.14%Noninterest expense to earning assets
0.74%Net operating income to assets
0.74%Return on assets (ROA)
1.20%Pretax return on assets
6.44%Return on equity (ROE)
2.83%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
1108.70%Credit loss provision to net charge-offs
434.30%Efficiency ratio
59,570Assets per employee
11.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.05%Loss allowance to loans
0.47%Loss allowance to noncurrent loans
90.76%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
0.51%Net loans and leases to deposits
114.46%Net loans and leases to core deposits
127.77%Equity capital to assets
11.78%Core capital (leverage) ratio
11.25%Tier 1 risk-based capital ratio
18.55%Total risk-based capital ratio
Memoranda
$19Average assets
$808,382Average earning assets
$93,434Average equity
$775,327Average loans
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