Mutual Federal Savings Bank, A FSB in Sidney, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Mutual Federal Savings Bank, A FSB in Sidney, Ohio (OH)
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Mutual Federal Savings Bank, A FSB - Overview

  • General
  • FDIC Certificate #: 30001
    Status: Active
    Federal Reserve ID: 790972
    Bank Holding Company (Regulatory Top Holder): First Mutual Of Richmond, Inc. (RSSDID: 2624398, Location: Richmond, IN)
    Date Established: January 01, 1922
    WWW: http://www.mutualbancorp.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 4519
    FDIC's unique #: 42835
    Numeric code: 33
    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: Commercial Lending Specialization
    Date of Deposit Insurance: July 26, 1940
    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: 121 South Ohio Avenue, Sidney, OH 45365
    County: Shelby
    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): Sidney, OH (#43380)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $116.0 mil
    Equity capital: $11.4 mil
    Deposits held in domestic offices: $102.2 mil
    Return on assets (ROA): -0.06% (-$0.1 mil)
    Quarterly return on assets: 0.26% ($0.3 mil)
    Return on Equity (ROE): -0.51% (-$0.1 mil)
    Quarterly return on equity: 2.61% ($0.3 mil)
    Net income: -$0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.09% (-$104.4 mil)
    Quarterly Pretax return on assets: 0.38% ($440.9 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
  • 36Total employees (full-time equivalent)
  • $116,015Total assets
  • $6,508Cash and due from depository institutions
  • $5,099Interest-bearing balances
  • $25,352Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $78,684Net loans & leases
  • $1,800Loan loss allowance
  • $0Trading account assets
  • $1,877Bank premises and fixed assets
  • $360Other real estate owned
  • $1,316Goodwill and other intangibles
  • $116,015Life insurance assets
  • $1,918All other assets
  • $104,593Total liabilities and capital
  • $102,169Total liabilities
  • $96,923Total deposits
  • $102,169Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,875Trading liabilities
  • $0Other borrowed funds
  • $549Subordinated debt
  • $11,422All other liabilities
  • $11,422Total equity capital
  • $11,422Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $18,990Surplus
  • $-7,568Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,217Income earned, not collected on loans
  • $632Earning assets
  • $421Long-term assets (5+ years)
  • $109,135Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $116,638Volatile liabilities
  • $115,747Insider loans
  • $74,336FHLB advances
  • $114,552Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,009Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,676Restructured Loans and leases
  • $114Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,586Total interest income
  • $1,493Total interest expense
  • $4,093Net interest income
  • $820Provision for loan and lease losses
  • $589Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $589Additional noninterest income
  • $3,968Total noninterest expense
  • $2,050Salaries and employee benefits
  • $653Premises and equipment expense
  • $1,265Additional noninterest expense
  • -$106Pre-tax net operating income
  • $5Securities gains (losses)
  • -$33Applicable income taxes
  • -$68Income before extraordinary items
  • $0Extraordinary gains - net
  • -$68Net income attributable to bank
  • $0Net charge-offs
  • -$68Cash dividends
  • $1,055Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 1.39%Cost of funding earning assets
  • 3.80%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 3.69%Noninterest expense to earning assets
  • -0.06%Net operating income to assets
  • -0.06%Return on assets (ROA)
  • -0.09%Pretax return on assets
  • -0.51%Return on equity (ROE)
  • -0.51%Retained earnings to average equity (YTD only)
  • 1.26%Net charge-offs to loans
  • 77.73%Credit loss provision to net charge-offs
  • 0.68%Efficiency ratio
  • 79,710Assets per employee
  • 3.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.24%Loss allowance to noncurrent loans
  • 55.95%Noncurrent assets plus other real estate owned to assets
  • 3.08%Noncurrent loans to loans
  • 4.00%Net loans and leases to deposits
  • 77.01%Net loans and leases to core deposits
  • 78.11%Equity capital to assets
  • 9.85%Core capital (leverage) ratio
  • 8.74%Tier 1 risk-based capital ratio
  • 13.46%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $116,638Average earning assets
  • $13,427Average equity
  • $107,579Average loans

List of branches

  • 4 Ohio Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    042835Mutual Federal Savings Bank, A Fsb121 South Ohio Avenue, Sidney, OH 45365January 01, 1922Full Service Brick and Mortar
    1278133Piqua Branch138 N Sunset Dr, Piqua, OH 45356May 19, 1994Full Service Brick and Mortar
    2278134Sidney Branch2140 Michigan Street, Suite A, Sidney, OH 45365December 20, 1996Full Service Brick and Mortar
    3518101Troy Branch1867 West Main Street, Troy, OH 45373November 12, 2004Full Service Brick and Mortar

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