The Farmers and Savings Bank, Loudonville, Ohio in Loudonville, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 30, 1997

The Farmers and Savings Bank, Loudonville, Ohio in Loudonville, Ohio (OH)
Show street view No street view available for this location

The Farmers and Savings Bank, Loudonville, Ohio - Overview

General
FDIC Certificate #: 8959
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First-Knox National Bank (#6651)
Federal Reserve ID: 679022
Date Established: January 01, 1930
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 10926
FDIC's unique #: 5722
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: December 30, 1997
Last Structure Change Process Date: January 21, 1998
Last Data Update: January 21, 1998
Data Source Date: April 05, 2012
Location
Address: 120 North Water Street, Loudonville, OH 44842
County: Ashland
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): Ashland, OH (#11740)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $59.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$31Total assets
$60,428Cash and due from depository institutions
$1,822Interest-bearing balances
$23Securities
$11,857Federal funds sold & reverse repurchase agreements
$2,900Net loans & leases
$42,834Loan loss allowance
$623Trading account assets
$0Bank premises and fixed assets
$500Other real estate owned
$0Goodwill and other intangibles
$515Life insurance assets
$0All other assets
$0Total liabilities and capital
$60,428Total liabilities
$55,704Total deposits
$54,660Interest-bearing deposits
$48,261Deposits held in domestic offices
54660.00%% insured (estimated)
$86Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$684Subordinated debt
$0All other liabilities
$360Total equity capital
$360Total bank equity capital
$4,724Perpetual preferred stock
$0Common stock
$300Surplus
$700Undivided profits
Memoranda
$3,724Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$290Income earned, not collected on loans
$252Earning assets
$57,614Long-term assets (5+ years)
$13,664Average Assets, year-to-date
$57,510Average Assets, quarterly
$59,785Volatile liabilities
$9,811Insider loans
$977FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,236Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,569Total risk weighted assets
$39,743Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$4,618Total interest expense
$2,082Net interest income
$2,536Provision for loan and lease losses
$84Total noninterest income
$180Fiduciary activities
$0Service charges on deposit accounts
$126Trading account gains & fees
$0Additional noninterest income
$54Total noninterest expense
$1,569Salaries and employee benefits
$945Premises and equipment expense
$168Additional noninterest expense
$456Pre-tax net operating income
$1,063Securities gains (losses)
$0Applicable income taxes
$236Income before extraordinary items
$827Extraordinary gains - net
$0Net income attributable to bank
$827Net charge-offs
$27Cash dividends
$414Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.47%Cost of funding earning assets
3.82%Net interest margin
4.65%Noninterest income to earning assets
0.33%Noninterest expense to earning assets
2.88%Net operating income to assets
1.44%Return on assets (ROA)
1.44%Pretax return on assets
1.85%Return on equity (ROE)
18.36%Retained earnings to average equity (YTD only)
9.17%Net charge-offs to loans
0.06%Credit loss provision to net charge-offs
311.11%Efficiency ratio
57,769Assets per employee
1.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.06%Loss allowance to loans
1.43%Loss allowance to noncurrent loans
214.83%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
0.67%Net loans and leases to deposits
78.36%Net loans and leases to core deposits
94.07%Equity capital to assets
7.82%Core capital (leverage) ratio
7.60%Tier 1 risk-based capital ratio
11.50%Total risk-based capital ratio
Memoranda
$13Average assets
$57,510Average earning assets
$4,504Average equity
$54,506Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Farmers and Savings Bank, Loudonville, Ohio.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.