FDIC Certificate #: 10265 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Citizens Savings Bank (#9463) Federal Reserve ID: 583428 Date Established: January 01, 1900 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 12457 FDIC's unique #: 6578 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: April 21, 1999 Last Structure Change Process Date: June 18, 1999 Last Data Update: June 18, 1999 Data Source Date: April 05, 2012
Location
Address: 202 North Wooster Avenue, Strasburg, OH 44680 County: Tuscarawas 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): New Philadelphia-Dover, OH (#35420) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $74.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
25Total employees (full-time equivalent)
$74,215Total assets
$3,327Cash and due from depository institutions
$47Interest-bearing balances
$23,112Securities
$0Federal funds sold & reverse repurchase agreements
$45,223Net loans & leases
$927Loan loss allowance
$0Trading account assets
$1,629Bank premises and fixed assets
$0Other real estate owned
$81Goodwill and other intangibles
$0Life insurance assets
$843All other assets
$74,215Total liabilities and capital
$68,168Total liabilities
$61,444Total deposits
$54,002Interest-bearing deposits
$61,444Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,314Other borrowed funds
$0Subordinated debt
$410All other liabilities
$6,047Total equity capital
$6,047Total bank equity capital
$6,047Perpetual preferred stock
$0Common stock
$800Surplus
$2,750Undivided profits
Memoranda
$2,497Noncurrent loans and leases
$0Noncurrent 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)
$229Average Assets, year-to-date
$68,382Average Assets, quarterly
$24,291Volatile liabilities
$69,018Insider loans
$70,573FHLB advances
$8,087Loans and leases held for sale
$1,154Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,459Total unused commitments
$0Restructured Loans and leases
$44,914Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$5,451Total interest income
$2,457Total interest expense
$2,994Net interest income
$54Provision for loan and lease losses
$304Total noninterest income
$0Fiduciary activities
$188Service charges on deposit accounts
$0Trading account gains & fees
$116Additional noninterest income
$1,859Total noninterest expense
$866Salaries and employee benefits
$180Premises and equipment expense
$813Additional noninterest expense
$1,385Pre-tax net operating income
$4Securities gains (losses)
$385Applicable income taxes
$1,004Income before extraordinary items
$0Extraordinary gains - net
$1,004Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$7Sale, conversion, retirement of capital stock, net
$490Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.51%Yield on earning assets
3.84%Cost of funding earning assets
4.68%Net interest margin
0.47%Noninterest income to earning assets
2.90%Noninterest expense to earning assets
1.45%Net operating income to assets
1.45%Return on assets (ROA)
2.01%Pretax return on assets
17.13%Return on equity (ROE)
8.77%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-771.43%Credit loss provision to net charge-offs
0.00%Efficiency ratio
55,337Assets per employee
2.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.80%Loss allowance to loans
2.01%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
73.60%Net loans and leases to core deposits
80.00%Equity capital to assets
8.15%Core capital (leverage) ratio
8.47%Tier 1 risk-based capital ratio
13.36%Total risk-based capital ratio
Memoranda
$15Average assets
$69,018Average earning assets
$5,860Average equity
$64,041Average loans
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