FDIC Certificate #: 741 Status: Active Federal Reserve ID: 978417 Date Established: January 01, 1907 WWW:http://www.myfirstcitybank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 9425 FDIC's unique #: 470 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 1885 Northwest Boulevard, Columbus, OH 43212 County: Franklin 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): Columbus, OH (#1840) Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198) Core Based Statistical Area (CBSA): Columbus, OH (#18140) CBSA Metro Statistical Area: Columbus, OH (#18140)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $62.7 mil Equity capital: $6.2 mil Deposits held in domestic offices: $50.8 mil Return on assets (ROA): 0.69% ($0.4 mil) Quarterly return on assets: 0.97% ($0.6 mil) Return on Equity (ROE): 7.12% ($0.4 mil) Quarterly return on equity: 9.54% ($0.6 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.69% ($432.8 mil) Quarterly Pretax return on assets: 0.97% ($608.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2011)
Dollar figures in thousands
11Total employees (full-time equivalent)
$62,731Total assets
$6,427Cash and due from depository institutions
$5,458Interest-bearing balances
$11,375Securities
$0Federal funds sold & reverse repurchase agreements
$43,538Net loans & leases
$669Loan loss allowance
$0Trading account assets
$493Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$62,731Life insurance assets
$898All other assets
$56,534Total liabilities and capital
$50,835Total liabilities
$47,973Total deposits
$50,835Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,408Trading liabilities
$1,000Other borrowed funds
$291Subordinated debt
$6,197All other liabilities
$6,197Total equity capital
$6,197Total bank equity capital
$0Perpetual preferred stock
$116Common stock
$1,391Surplus
$4,690Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,358Income earned, not collected on loans
$0Earning assets
$193Long-term assets (5+ years)
$60,371Average Assets, year-to-date
$17,762Average Assets, quarterly
$60,412Volatile liabilities
$60,468Insider loans
$39,092FHLB advances
$59,084Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,153Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,564Restructured Loans and leases
$1,410Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,069Total interest income
$669Total interest expense
$2,400Net interest income
$113Provision for loan and lease losses
$24Total noninterest income
$0Fiduciary activities
$8Service charges on deposit accounts
$0Trading account gains & fees
$16Additional noninterest income
$1,893Total noninterest expense
$930Salaries and employee benefits
$158Premises and equipment expense
$805Additional noninterest expense
$418Pre-tax net operating income
$1Securities gains (losses)
$0Applicable income taxes
$419Income before extraordinary items
$0Extraordinary gains - net
$419Net income attributable to bank
$0Net charge-offs
$419Cash dividends
-$5Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.29%Yield on earning assets
1.15%Cost of funding earning assets
4.14%Net interest margin
0.04%Noninterest income to earning assets
3.26%Noninterest expense to earning assets
0.69%Net operating income to assets
0.69%Return on assets (ROA)
0.69%Pretax return on assets
7.12%Return on equity (ROE)
7.12%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-2260.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
78,094Assets per employee
5.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
49.26%Noncurrent assets plus other real estate owned to assets
2.16%Noncurrent loans to loans
3.07%Net loans and leases to deposits
85.65%Net loans and leases to core deposits
85.65%Equity capital to assets
9.88%Core capital (leverage) ratio
10.41%Tier 1 risk-based capital ratio
15.74%Total risk-based capital ratio
Memoranda
$18Average assets
$60,412Average earning assets
$5,884Average equity
$58,006Average loans
List of branches
1 Ohio Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
470
First City Bank
1885 Northwest Boulevard, Columbus, OH 43212
January 01, 1907
Full Service Brick and Mortar
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