Colonial Federal Savings Bank in Bellefontaine, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 06, 1993

Colonial Federal Savings Bank in Bellefontaine, Ohio (OH)
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Colonial Federal Savings Bank - Overview

General
FDIC Certificate #: 28450
Status: Inactive
Closing history: Corrections
Acquiring institution: American Community Bank, National Association (#15001)
Federal Reserve ID: 348878
Date Established: January 01, 1894
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 1620
FDIC's unique #: 41284
Numeric code: 34
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: August 09, 1935
Last Structure Change Effective Date: July 06, 1993
Last Structure Change Process Date: October 07, 1993
Last Data Update: July 27, 1994
Data Source Date: April 05, 2012
Location
Address: 201 East Columbus Avenue, Bellefontaine, OH 43311
County: Logan
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
Core Based Statistical Area (CBSA): Bellefontaine, OH (#13340)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $78.9 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$25Total assets
$80,221Cash and due from depository institutions
$3,127Interest-bearing balances
$1,951Securities
$11,404Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$63,482Loan loss allowance
$442Trading account assets
$0Bank premises and fixed assets
$707Other real estate owned
$0Goodwill and other intangibles
$1,433Life insurance assets
$68All other assets
$0Total liabilities and capital
$80,221Total liabilities
$73,321Total deposits
$72,137Interest-bearing deposits
$71,468Deposits held in domestic offices
72137.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,184Total equity capital
$1,184Total bank equity capital
$6,900Perpetual preferred stock
$0Common stock
$2Surplus
$1,747Undivided profits
Memoranda
$5,151Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$592Income earned, not collected on loans
$403Earning assets
$76,837Long-term assets (5+ years)
$0Average Assets, year-to-date
$82,119Average Assets, quarterly
$80,208Volatile liabilities
$5,119Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,039Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,314Total risk weighted assets
$50,574Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$6,867Total interest expense
$3,712Net interest income
$3,155Provision for loan and lease losses
$300Total noninterest income
$290Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$290Total noninterest expense
$2,639Salaries and employee benefits
$958Premises and equipment expense
$302Additional noninterest expense
$1,379Pre-tax net operating income
$506Securities gains (losses)
$24Applicable income taxes
$571Income before extraordinary items
-$41Extraordinary gains - net
-$203Net income attributable to bank
-$244Net charge-offs
$89Cash dividends
$85Sale, conversion, retirement of capital stock, net
$56Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.73%Cost of funding earning assets
4.72%Net interest margin
4.01%Noninterest income to earning assets
0.37%Noninterest expense to earning assets
3.35%Net operating income to assets
-0.07%Return on assets (ROA)
-0.30%Pretax return on assets
0.40%Return on equity (ROE)
-3.31%Retained earnings to average equity (YTD only)
-4.46%Net charge-offs to loans
0.14%Credit loss provision to net charge-offs
337.08%Efficiency ratio
76,604Assets per employee
3.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
-34.84%Loss allowance to loans
0.69%Loss allowance to noncurrent loans
74.66%Noncurrent assets plus other real estate owned to assets
0.74%Noncurrent loans to loans
0.93%Net loans and leases to deposits
88.00%Net loans and leases to core deposits
94.72%Equity capital to assets
8.60%Core capital (leverage) ratio
7.91%Tier 1 risk-based capital ratio
12.48%Total risk-based capital ratio
Memoranda
$13Average assets
$82,119Average earning assets
$7,377Average equity
$78,662Average loans

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