FDIC Certificate #: 750 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Federal Bank of the Midwest (#29845) Federal Reserve ID: 934114 Date Established: March 27, 1877 WWW:http://www.commercialbank.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 5 (Interstate: No) OTS Docket #: 13713 FDIC's unique #: 477 Numeric code: 13 Regulator: FED 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: January 21, 2005 Last Structure Change Process Date: Febuary 09, 2005 Last Data Update: Febuary 09, 2005 Data Source Date: April 05, 2012
Location
Address: 230 East Second Street, Delphos, OH 45833 County: Allen 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): Lima, OH (#4320) Combined Statistical Area (CSA): Lima-Van Wert-Wapakoneta, OH (#338) Core Based Statistical Area (CBSA): Lima, OH (#30620) CBSA Metro Statistical Area: Lima, OH (#30620)
Financial Summary
Total assets: $199.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
79Total employees (full-time equivalent)
$199,160Total assets
$8,311Cash and due from depository institutions
$210Interest-bearing balances
$55,812Securities
$10,069Federal funds sold & reverse repurchase agreements
$116,155Net loans & leases
$3,729Loan loss allowance
$0Trading account assets
$4,168Bank premises and fixed assets
$120Other real estate owned
$513Goodwill and other intangibles
$0Life insurance assets
$4,012All other assets
$199,160Total liabilities and capital
$177,803Total liabilities
$166,029Total deposits
$146,870Interest-bearing deposits
$166,029Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,170Other borrowed funds
$1,500Subordinated debt
$1,104All other liabilities
$21,357Total equity capital
$21,357Total bank equity capital
$21,357Perpetual preferred stock
$0Common stock
$1,237Surplus
$6,513Undivided profits
Memoranda
$13,607Noncurrent loans and leases
$21,204Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,451Earning assets
$0Long-term assets (5+ years)
$797Average Assets, year-to-date
$182,246Average Assets, quarterly
$32,491Volatile liabilities
$206,346Insider loans
$201,886FHLB advances
$23,461Loans and leases held for sale
$4,533Unused loan commitments
$3,131Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$76Total risk weighted assets
$21,204Total unused commitments
$0Restructured Loans and leases
$3,027Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$10,191Total interest income
$2,848Total interest expense
$7,343Net interest income
$60Provision for loan and lease losses
$1,122Total noninterest income
$0Fiduciary activities
$557Service charges on deposit accounts
$0Trading account gains & fees
$565Additional noninterest income
$7,258Total noninterest expense
$4,045Salaries and employee benefits
$730Premises and equipment expense
$2,483Additional noninterest expense
$1,147Pre-tax net operating income
$12Securities gains (losses)
$239Applicable income taxes
$920Income before extraordinary items
$0Extraordinary gains - net
$920Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$156Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.41%Yield on earning assets
1.51%Cost of funding earning assets
3.90%Net interest margin
0.60%Noninterest income to earning assets
3.85%Noninterest expense to earning assets
0.44%Net operating income to assets
0.45%Return on assets (ROA)
0.56%Pretax return on assets
4.39%Return on equity (ROE)
4.39%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
38.46%Credit loss provision to net charge-offs
7.74%Efficiency ratio
85,139Assets per employee
2.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.11%Loss allowance to noncurrent loans
257.00%Noncurrent assets plus other real estate owned to assets
0.79%Noncurrent loans to loans
1.21%Net loans and leases to deposits
69.96%Net loans and leases to core deposits
78.14%Equity capital to assets
10.72%Core capital (leverage) ratio
10.32%Tier 1 risk-based capital ratio
17.45%Total risk-based capital ratio
Memoranda
$20Average assets
$206,346Average earning assets
$20,963Average equity
$188,375Average loans
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