First Federal Bank of Ohio in city_name, state_name - Detailed Financial Reports, Location

First Federal Bank of Ohio in Galion, Ohio (OH)
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First Federal Bank of Ohio - Overview

General
FDIC Certificate #: 27643
Status: Active
Federal Reserve ID: 207470
Date Established: January 01, 1891
WWW: http://www.firstfederalbankofohio.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 41
FDIC's unique #: 40477
Numeric code: 38
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: August 26, 1935
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
Location
Address: 140 North Columbus Street, Galion, OH 44833
County: Crawford
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): Mansfield, OH (#4800)
Combined Statistical Area (CSA): Mansfield-Bucyrus, OH (#360)
Core Based Statistical Area (CBSA): Bucyrus, OH (#15340)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $255.5 mil
Equity capital: $39.4 mil
Deposits held in domestic offices: $196.7 mil
Return on assets (ROA): -0.10% (-$0.3 mil)
Quarterly return on assets: 0.09% ($0.2 mil)
Return on Equity (ROE): -0.62% (-$0.2 mil)
Quarterly return on equity: 0.58% ($0.2 mil)
Net income: -$0.2 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: -0.14% (-$357.7 mil)
Quarterly Pretax return on assets: 0.13% ($332.1 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
70Total employees (full-time equivalent)
$255,500Total assets
$84,533Cash and due from depository institutions
$76,277Interest-bearing balances
$31,180Securities
$0Federal funds sold & reverse repurchase agreements
$116,092Net loans & leases
$1,230Loan loss allowance
$0Trading account assets
$3,254Bank premises and fixed assets
$824Other real estate owned
$449Goodwill and other intangibles
$255,500Life insurance assets
$19,168All other assets
$216,079Total liabilities and capital
$196,711Total liabilities
$175,041Total deposits
$196,711Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$11,000Trading liabilities
$0Other borrowed funds
$8,368Subordinated debt
$39,421All other liabilities
$39,421Total equity capital
$39,421Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$39,421Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,954Income earned, not collected on loans
$0Earning assets
$576Long-term assets (5+ years)
$223,549Average Assets, year-to-date
$0Average Assets, quarterly
$252,068Volatile liabilities
$254,276Insider loans
$136,802FHLB advances
$254,374Loans and leases held for sale
$9,905Unused loan commitments
$0Tier 1 (core) risk-based capital
$39,492Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$11,729Restructured Loans and leases
$3,331Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,315Total interest income
$2,446Total interest expense
$5,869Net interest income
$572Provision for loan and lease losses
$1,899Total noninterest income
$0Fiduciary activities
$729Service charges on deposit accounts
$0Trading account gains & fees
$1,170Additional noninterest income
$7,546Total noninterest expense
$4,052Salaries and employee benefits
$919Premises and equipment expense
$2,575Additional noninterest expense
-$350Pre-tax net operating income
$0Securities gains (losses)
-$103Applicable income taxes
-$247Income before extraordinary items
$0Extraordinary gains - net
-$247Net income attributable to bank
$0Net charge-offs
-$247Cash dividends
-$45Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.76%Yield on earning assets
1.11%Cost of funding earning assets
2.66%Net interest margin
0.86%Noninterest income to earning assets
3.42%Noninterest expense to earning assets
-0.10%Net operating income to assets
-0.10%Return on assets (ROA)
-0.14%Pretax return on assets
-0.62%Return on equity (ROE)
-0.62%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
-1271.11%Credit loss provision to net charge-offs
0.00%Efficiency ratio
97,142Assets per employee
3.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.05%Loss allowance to noncurrent loans
24.83%Noncurrent assets plus other real estate owned to assets
2.26%Noncurrent loans to loans
4.22%Net loans and leases to deposits
59.02%Net loans and leases to core deposits
61.62%Equity capital to assets
15.43%Core capital (leverage) ratio
15.53%Tier 1 risk-based capital ratio
28.87%Total risk-based capital ratio
Memoranda
$30Average assets
$252,068Average earning assets
$39,723Average equity
$220,879Average loans

List of branches

9 Ohio Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	40477	First Federal Bank Of Ohio	140 North Columbus Street, Galion, OH 44833	January 01, 1891	Full Service Brick and Mortar
1	262536	1748 W Fourth St Branch	1748 W Fourth St, Mansfield, OH 44906	January 01, 1891	Full Service Brick and Mortar
2	262537	70 N Main St Branch	70 N Main St, Mount Gilead, OH 43338	January 01, 1891	Full Service Brick and Mortar
3	262538	1495 Lexington Ave Branch	1495 Lexington Ave, Mansfield, OH 44907	January 01, 1891	Full Service Brick and Mortar
4	262539	Bucyrus Road Branch	901 Bucyrus Road, Galion, OH 44833	January 01, 1891	Full Service Brick and Mortar
100	262540	Shelby Branch	200 Mansfield Avenue, Shelby, OH 44875	January 01, 1891	Full Service Brick and Mortar
101	359167	Cardington Branch	123 South Marion Street, Cardington, OH 43315	November 16, 1999	Full Service Brick and Mortar
102	464012	5502 Milan Road Branch	5502 Milan Road, Sandusky, OH 44870	November 24, 2003	Full Service Brick and Mortar
103	464013	1660 W Market Street Branch	1660 W. Market Street, Suite A, Tiffin, OH 44883	July 01, 2004	Limited Service Loan Production

First Federal Bank of Ohio in Galion, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Bank of Ohio - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Federal Bank of Ohio in Galion, Ohio (OH)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Bank of Ohio - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Federal Bank of Ohio in Galion, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches