FDIC Certificate #: 32287 Status: Active Federal Reserve ID: 291273 Date Established: August 30, 1983 WWW:http://www.geaugasavings.com Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 8095 FDIC's unique #: 45121 Numeric code: 41 Regulator: FDIC 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: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: March 25, 1985 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: 10800 Kinsman Road, Newbury, OH 44065 County: Geauga 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): Cleveland-Lorain-Elyria, OH (#1680) Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28) Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184) Core Based Statistical Area (CBSA): Cleveland-Elyria-Mentor, OH (#17460) CBSA Metro Statistical Area: Cleveland-Elyria-Mentor, OH (#17460)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $418.6 mil Equity capital: $43.5 mil Deposits held in domestic offices: $257.8 mil Return on assets (ROA): 0.24% ($1.0 mil) Quarterly return on assets: -0.21% (-$0.9 mil) Return on Equity (ROE): 2.41% ($1.0 mil) Quarterly return on equity: -2.02% (-$0.9 mil) Net income: $1.0 mil Quarterly Net income: -$0.2 mil Pretax return on assets: 0.33% ($1,381.5 mil) Quarterly Pretax return on assets: -0.25% (-$1,046.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
41Total employees (full-time equivalent)
$418,626Total assets
$11,195Cash and due from depository institutions
$11,091Interest-bearing balances
$175,497Securities
$0Federal funds sold & reverse repurchase agreements
$211,686Net loans & leases
$6,802Loan loss allowance
$0Trading account assets
$147Bank premises and fixed assets
$7,193Other real estate owned
$0Goodwill and other intangibles
$418,626Life insurance assets
$12,908All other assets
$375,158Total liabilities and capital
$257,787Total liabilities
$253,877Total deposits
$257,787Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$115,063Trading liabilities
$0Other borrowed funds
$2,308Subordinated debt
$43,468All other liabilities
$43,468Total equity capital
$43,468Total bank equity capital
$0Perpetual preferred stock
$2,555Common stock
$20,465Surplus
$20,448Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$18,113Income earned, not collected on loans
$0Earning assets
$1,638Long-term assets (5+ years)
$398,274Average Assets, year-to-date
$152,101Average Assets, quarterly
$421,561Volatile liabilities
$420,256Insider loans
$207,903FHLB advances
$420,161Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$43,094Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,107Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$19,435Total interest income
$6,467Total interest expense
$12,968Net interest income
$2,409Provision for loan and lease losses
-$1,341Total noninterest income
$0Fiduciary activities
$40Service charges on deposit accounts
$0Trading account gains & fees
-$1,381Additional noninterest income
$8,150Total noninterest expense
$2,961Salaries and employee benefits
$481Premises and equipment expense
$4,708Additional noninterest expense
$1,068Pre-tax net operating income
$306Securities gains (losses)
$347Applicable income taxes
$1,027Income before extraordinary items
$0Extraordinary gains - net
$1,027Net income attributable to bank
$0Net charge-offs
$1,027Cash dividends
$4,007Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.85%Yield on earning assets
1.61%Cost of funding earning assets
3.24%Net interest margin
-0.33%Noninterest income to earning assets
2.03%Noninterest expense to earning assets
0.19%Net operating income to assets
0.24%Return on assets (ROA)
0.33%Pretax return on assets
2.41%Return on equity (ROE)
2.41%Retained earnings to average equity (YTD only)
1.68%Net charge-offs to loans
60.12%Credit loss provision to net charge-offs
0.87%Efficiency ratio
70,095Assets per employee
10.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.11%Loss allowance to noncurrent loans
37.55%Noncurrent assets plus other real estate owned to assets
6.05%Noncurrent loans to loans
8.29%Net loans and leases to deposits
82.12%Net loans and leases to core deposits
96.77%Equity capital to assets
10.38%Core capital (leverage) ratio
10.26%Tier 1 risk-based capital ratio
20.73%Total risk-based capital ratio
Memoranda
$22Average assets
$421,561Average earning assets
$42,548Average equity
$400,526Average loans
List of branches
1 Ohio Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
45121
Geauga Savings Bank
10800 Kinsman Road, Newbury, OH 44065
August 30, 1983
Full Service Brick and Mortar
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