FDIC Certificate #: 7005 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Bank, National Association (#6989) Federal Reserve ID: 174406 Date Established: January 01, 1907 WWW:http://www.onb-link.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) OTS Docket #: 12337 FDIC's unique #: 4688 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 01, 2006 Last Structure Change Process Date: December 08, 2006 Last Data Update: December 08, 2006 Data Source Date: April 05, 2012
Location
Address: 26 East Main Street, Clifton Springs, NY 14432 County: Ontario Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Syracuse Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Rochester, NY (#6840) Combined Statistical Area (CSA): Rochester-Batavia-Seneca Falls, NY (#464) Core Based Statistical Area (CBSA): Rochester, NY (#40380) CBSA Metro Statistical Area: Rochester, NY (#40380)
Financial Summary
Total assets: $93.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
42Total employees (full-time equivalent)
$93,733Total assets
$5,678Cash and due from depository institutions
$0Interest-bearing balances
$15,660Securities
$3,038Federal funds sold & reverse repurchase agreements
$66,662Net loans & leases
$676Loan loss allowance
$0Trading account assets
$1,046Bank premises and fixed assets
$0Other real estate owned
$63Goodwill and other intangibles
$0Life insurance assets
$1,586All other assets
$93,733Total liabilities and capital
$84,627Total liabilities
$78,340Total deposits
$64,847Interest-bearing deposits
$78,340Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,000Other borrowed funds
$0Subordinated debt
$287All other liabilities
$9,106Total equity capital
$9,106Total bank equity capital
$9,106Perpetual preferred stock
$0Common stock
$375Surplus
$128Undivided profits
Memoranda
$8,603Noncurrent loans and leases
$10,337Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$709Earning assets
$0Long-term assets (5+ years)
$366Average Assets, year-to-date
$85,360Average Assets, quarterly
$37,658Volatile liabilities
$97,482Insider loans
$95,827FHLB advances
$9,338Loans and leases held for sale
$1,487Unused loan commitments
$6,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,337Total unused commitments
$0Restructured Loans and leases
$825Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$5,521Total interest income
$1,467Total interest expense
$4,054Net interest income
$144Provision for loan and lease losses
$844Total noninterest income
$0Fiduciary activities
$386Service charges on deposit accounts
$0Trading account gains & fees
$458Additional noninterest income
$3,596Total noninterest expense
$1,700Salaries and employee benefits
$818Premises and equipment expense
$1,078Additional noninterest expense
$1,158Pre-tax net operating income
$6Securities gains (losses)
$397Applicable income taxes
$767Income before extraordinary items
$0Extraordinary gains - net
$767Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$145Sale, conversion, retirement of capital stock, net
$274Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.07%Yield on earning assets
1.61%Cost of funding earning assets
4.46%Net interest margin
0.93%Noninterest income to earning assets
3.95%Noninterest expense to earning assets
0.78%Net operating income to assets
0.79%Return on assets (ROA)
1.19%Pretax return on assets
8.75%Return on equity (ROE)
5.62%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
99.31%Credit loss provision to net charge-offs
8.98%Efficiency ratio
73,418Assets per employee
2.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.72%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
95.35%Noncurrent assets plus other real estate owned to assets
0.76%Noncurrent loans to loans
1.05%Net loans and leases to deposits
85.09%Net loans and leases to core deposits
92.58%Equity capital to assets
9.71%Core capital (leverage) ratio
9.50%Tier 1 risk-based capital ratio
13.75%Total risk-based capital ratio
Memoranda
$15Average assets
$97,482Average earning assets
$8,770Average equity
$90,962Average loans
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