FDIC Certificate #: 33487 Status: Inactive Federal Reserve ID: 1885848 Date Established: September 04, 1991 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 47211 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: September 04, 1991 Last Structure Change Effective Date: October 30, 2009 Last Structure Change Process Date: November 12, 2009 Last Data Update: November 12, 2009 Data Source Date: April 05, 2012
Location
Address: 1103 Allen Drive, Milford, OH 45150 County: Clermont 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): Cincinnati, OH-KY-IN (#1640) Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21) Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178) Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140) CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
History of Changes
Other Liquidations and Closings
Change in Insurance Status
Office Sold
Financial Summary
Total assets: $35.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
8Total employees (full-time equivalent)
$30,383Total assets
$400Cash and due from depository institutions
$400Interest-bearing balances
$29,079Securities
$0Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$904All other assets
$30,383Total liabilities and capital
$10,804Total liabilities
$6,773Total deposits
$6,773Interest-bearing deposits
$6,773Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$4,031All other liabilities
$19,579Total equity capital
$19,579Total bank equity capital
$19,579Perpetual preferred stock
$0Common stock
$4,000Surplus
$4,000Undivided profits
Memoranda
$11,579Noncurrent loans and leases
$9,163,753Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$25Average Assets, year-to-date
$29,479Average Assets, quarterly
$0Volatile liabilities
$37,029Insider loans
$34,927FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,163,753Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$699Total interest income
$354Total interest expense
$345Net interest income
$0Provision for loan and lease losses
$26,953Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$26,953Additional noninterest income
$4,181Total noninterest expense
$525Salaries and employee benefits
$5Premises and equipment expense
$3,651Additional noninterest expense
$23,117Pre-tax net operating income
$0Securities gains (losses)
$8,378Applicable income taxes
$14,739Income before extraordinary items
$0Extraordinary gains - net
$14,739Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$15,063Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.92%Yield on earning assets
0.97%Cost of funding earning assets
0.95%Net interest margin
73.93%Noninterest income to earning assets
11.47%Noninterest expense to earning assets
39.80%Net operating income to assets
39.80%Return on assets (ROA)
62.43%Pretax return on assets
67.57%Return on equity (ROE)
-1.49%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
15,316Assets per employee
3.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
102.20%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
64.44%Core capital (leverage) ratio
47.79%Tier 1 risk-based capital ratio
366.82%Total risk-based capital ratio
Memoranda
$367Average assets
$37,029Average earning assets
$21,811Average equity
$36,455Average loans
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