FDIC Certificate #: 27989 Status: Active Federal Reserve ID: 725077 Date Established: January 01, 1871 WWW:http://www.ottawasavings.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 17997 FDIC's unique #: 40823 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: Mortgage Lending Specialization Date of Deposit Insurance: April 03, 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: 925 La Salle St, Ottawa, IL 61350 County: La Salle Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Princeton Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Core Based Statistical Area (CBSA): Ottawa-Streator, IL (#36860) CBSA Micro Statistical Area: Yes
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $182.7 mil Equity capital: $19.8 mil Deposits held in domestic offices: $160.4 mil Return on assets (ROA): -0.67% (-$1.2 mil) Quarterly return on assets: 0.19% ($0.3 mil) Return on Equity (ROE): -6.07% (-$1.2 mil) Quarterly return on equity: 1.72% ($0.3 mil) Net income: -$1.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: -1.15% (-$2,100.7 mil) Quarterly Pretax return on assets: 0.31% ($566.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
22Total employees (full-time equivalent)
$182,670Total assets
$2,668Cash and due from depository institutions
$1,003Interest-bearing balances
$33,007Securities
$1,627Federal funds sold & reverse repurchase agreements
$127,972Net loans & leases
$4,747Loan loss allowance
$0Trading account assets
$6,801Bank premises and fixed assets
$542Other real estate owned
$154Goodwill and other intangibles
$182,670Life insurance assets
$9,899All other assets
$162,900Total liabilities and capital
$160,357Total liabilities
$155,910Total deposits
$160,357Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$476Trading liabilities
$0Other borrowed funds
$2,067Subordinated debt
$19,770All other liabilities
$19,770Total equity capital
$19,770Total bank equity capital
$0Perpetual preferred stock
$22Common stock
$7,423Surplus
$12,325Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6,512Income earned, not collected on loans
$145Earning assets
$691Long-term assets (5+ years)
$163,609Average Assets, year-to-date
$0Average Assets, quarterly
$187,603Volatile liabilities
$182,743Insider loans
$109,025FHLB advances
$179,083Loans and leases held for sale
$1,557Unused loan commitments
$0Tier 1 (core) risk-based capital
$16,183Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$13,708Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$8,567Total interest income
$2,602Total interest expense
$5,965Net interest income
$5,179Provision for loan and lease losses
$161Total noninterest income
$0Fiduciary activities
$289Service charges on deposit accounts
$0Trading account gains & fees
-$128Additional noninterest income
$3,386Total noninterest expense
$1,618Salaries and employee benefits
$830Premises and equipment expense
$938Additional noninterest expense
-$2,439Pre-tax net operating income
$276Securities gains (losses)
-$915Applicable income taxes
-$1,248Income before extraordinary items
$0Extraordinary gains - net
-$1,248Net income attributable to bank
$0Net charge-offs
-$1,248Cash dividends
$5,135Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.09%Yield on earning assets
1.55%Cost of funding earning assets
3.55%Net interest margin
0.10%Noninterest income to earning assets
2.01%Noninterest expense to earning assets
-0.76%Net operating income to assets
-0.67%Return on assets (ROA)
-1.15%Pretax return on assets
-6.07%Return on equity (ROE)
-6.07%Retained earnings to average equity (YTD only)
3.78%Net charge-offs to loans
100.86%Credit loss provision to net charge-offs
0.53%Efficiency ratio
55,273Assets per employee
8.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.58%Loss allowance to noncurrent loans
72.90%Noncurrent assets plus other real estate owned to assets
3.86%Noncurrent loans to loans
4.91%Net loans and leases to deposits
79.80%Net loans and leases to core deposits
87.03%Equity capital to assets
10.82%Core capital (leverage) ratio
9.04%Tier 1 risk-based capital ratio
14.84%Total risk-based capital ratio
Memoranda
$16Average assets
$187,603Average earning assets
$20,567Average equity
$168,185Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
40823
Ottawa Savings Bank
925 La Salle St, Ottawa, IL 61350
January 01, 1871
Full Service Brick and Mortar
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