FDIC Certificate #: 395 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:The Citizens National Bank of Chillicothe (#6547) Federal Reserve ID: 647919 Date Established: November 20, 1911 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 302 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: September 07, 2007 Last Structure Change Process Date: September 25, 2007 Last Data Update: September 25, 2007 Data Source Date: April 05, 2012
Location
Address: 10820 Main Street, Clarksburg, OH 43115 County: Ross 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 Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198) Core Based Statistical Area (CBSA): Chillicothe, OH (#17060) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $17.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
8Total employees (full-time equivalent)
$16,773Total assets
$990Cash and due from depository institutions
$3Interest-bearing balances
$2,418Securities
$752Federal funds sold & reverse repurchase agreements
$11,934Net loans & leases
$68Loan loss allowance
$0Trading account assets
$371Bank premises and fixed assets
$24Other real estate owned
$0Goodwill and other intangibles
$3Life insurance assets
$284All other assets
$16,773Total liabilities and capital
$15,014Total liabilities
$14,954Total deposits
$13,277Interest-bearing deposits
$14,954Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$60All other liabilities
$1,759Total equity capital
$1,759Total bank equity capital
$1,759Perpetual preferred stock
$0Common stock
$250Surplus
$250Undivided profits
Memoranda
$1,259Noncurrent loans and leases
$748Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$184Earning assets
$0Long-term assets (5+ years)
$176Average Assets, year-to-date
$15,107Average Assets, quarterly
$332Volatile liabilities
$16,186Insider loans
$16,327FHLB advances
$1,125Loans and leases held for sale
$416Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$748Total unused commitments
$0Restructured Loans and leases
$68Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$1,086Total interest income
$284Total interest expense
$802Net interest income
$10Provision for loan and lease losses
$105Total noninterest income
$0Fiduciary activities
$81Service charges on deposit accounts
$0Trading account gains & fees
$24Additional noninterest income
$840Total noninterest expense
$393Salaries and employee benefits
$152Premises and equipment expense
$295Additional noninterest expense
$57Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$57Income before extraordinary items
$0Extraordinary gains - net
$57Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$7Sale, conversion, retirement of capital stock, net
$25Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.42%Yield on earning assets
1.94%Cost of funding earning assets
5.48%Net interest margin
0.72%Noninterest income to earning assets
5.74%Noninterest expense to earning assets
0.35%Net operating income to assets
0.35%Return on assets (ROA)
0.35%Pretax return on assets
3.31%Return on equity (ROE)
1.86%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
142.86%Credit loss provision to net charge-offs
9.57%Efficiency ratio
92,613Assets per employee
2.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
43.86%Loss allowance to loans
0.57%Loss allowance to noncurrent loans
36.96%Noncurrent assets plus other real estate owned to assets
1.24%Noncurrent loans to loans
1.53%Net loans and leases to deposits
79.80%Net loans and leases to core deposits
86.30%Equity capital to assets
10.49%Core capital (leverage) ratio
10.61%Tier 1 risk-based capital ratio
15.03%Total risk-based capital ratio
Memoranda
$16Average assets
$16,186Average earning assets
$1,722Average equity
$14,633Average loans
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