FDIC Certificate #: 27803 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Advantage Bank (#27642) Federal Reserve ID: 665379 Date Established: January 01, 1884 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 308 FDIC's unique #: 40637 Numeric code: 33 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: July 24, 1936 Last Structure Change Effective Date: November 15, 2001 Last Structure Change Process Date: December 05, 2001 Last Data Update: December 05, 2001 Data Source Date: April 05, 2012
Location
Address: 2497 Dixie Highway, Fort Mitchell, KY 41017 County: Kenton Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Dallas FDIC Field Office: Lexington Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast 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: $110.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
36Total employees (full-time equivalent)
$110,969Total assets
$5,044Cash and due from depository institutions
$4,111Interest-bearing balances
$30,861Securities
$0Federal funds sold & reverse repurchase agreements
$71,170Net loans & leases
$300Loan loss allowance
$0Trading account assets
$1,480Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,414All other assets
$110,969Total liabilities and capital
$84,925Total liabilities
$80,402Total deposits
$79,669Interest-bearing deposits
$80,402Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,000Other borrowed funds
$0Subordinated debt
$523All other liabilities
$26,044Total equity capital
$26,044Total bank equity capital
$26,044Perpetual preferred stock
$0Common stock
$1Surplus
$12,740Undivided profits
Memoranda
$13,303Noncurrent loans and leases
$1,630Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$85Earning assets
$0Long-term assets (5+ years)
$471Average Assets, year-to-date
$106,142Average Assets, quarterly
$0Volatile liabilities
$112,629Insider loans
$111,312FHLB advances
$11,669Loans and leases held for sale
$431Unused loan commitments
$4,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,630Total unused commitments
$0Restructured Loans and leases
$300Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$7,999Total interest income
$3,986Total interest expense
$4,013Net interest income
$0Provision for loan and lease losses
$207Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$207Additional noninterest income
$3,023Total noninterest expense
$2,156Salaries and employee benefits
$425Premises and equipment expense
$442Additional noninterest expense
$1,197Pre-tax net operating income
$0Securities gains (losses)
$497Applicable income taxes
$700Income before extraordinary items
$346Extraordinary gains - net
$1,046Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$2,481Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.43%Yield on earning assets
3.70%Cost of funding earning assets
3.73%Net interest margin
0.19%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
0.62%Net operating income to assets
0.93%Return on assets (ROA)
1.37%Pretax return on assets
3.81%Return on equity (ROE)
-5.22%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
71,635Assets per employee
3.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
237.19%Loss allowance to loans
0.42%Loss allowance to noncurrent loans
352.94%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.12%Net loans and leases to deposits
88.52%Net loans and leases to core deposits
97.85%Equity capital to assets
23.47%Core capital (leverage) ratio
23.47%Tier 1 risk-based capital ratio
53.13%Total risk-based capital ratio
Memoranda
$54Average assets
$112,629Average earning assets
$27,488Average equity
$107,691Average 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 Columbia Federal Savings Bank.
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.
Comment about this bank, ask questions, or add new information about it: