FDIC Certificate #: 398 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The First National Bank of McConnelsville (#6637) Federal Reserve ID: 201124 Date Established: January 01, 1910 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) OTS Docket #: 14605 FDIC's unique #: 305 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: January 01, 1934 Last Structure Change Effective Date: October 03, 2008 Last Structure Change Process Date: December 03, 2008 Last Data Update: December 03, 2008 Data Source Date: April 05, 2012
Location
Address: 11 Public Square, Nelsonville, OH 45764 County: Athens 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): Athens, OH (#11900) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $54.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
20Total employees (full-time equivalent)
$51,816Total assets
$1,901Cash and due from depository institutions
$0Interest-bearing balances
$2,359Securities
$10Federal funds sold & reverse repurchase agreements
$45,439Net loans & leases
$132Loan loss allowance
$0Trading account assets
$721Bank premises and fixed assets
$4Other real estate owned
$0Goodwill and other intangibles
$590Life insurance assets
$1,382All other assets
$51,816Total liabilities and capital
$47,893Total liabilities
$46,667Total deposits
$41,602Interest-bearing deposits
$46,667Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$917Other borrowed funds
$0Subordinated debt
$309All other liabilities
$3,923Total equity capital
$3,923Total bank equity capital
$3,923Perpetual preferred stock
$0Common stock
$250Surplus
$250Undivided profits
Memoranda
$3,423Noncurrent loans and leases
$1,686Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$615Earning assets
$0Long-term assets (5+ years)
$220Average Assets, year-to-date
$47,808Average Assets, quarterly
$10,498Volatile liabilities
$53,825Insider loans
$52,230FHLB advances
$8,294Loans and leases held for sale
$1,872Unused loan commitments
$917Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,686Total unused commitments
$0Restructured Loans and leases
$132Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$3,347Total interest income
$1,410Total interest expense
$1,937Net interest income
$50Provision for loan and lease losses
$501Total noninterest income
$0Fiduciary activities
$384Service charges on deposit accounts
$0Trading account gains & fees
$117Additional noninterest income
$1,952Total noninterest expense
$995Salaries and employee benefits
$260Premises and equipment expense
$697Additional noninterest expense
$436Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$436Income before extraordinary items
$0Extraordinary gains - net
$436Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$29Sale, conversion, retirement of capital stock, net
$378Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.73%Yield on earning assets
2.84%Cost of funding earning assets
3.90%Net interest margin
1.01%Noninterest income to earning assets
3.93%Noninterest expense to earning assets
0.81%Net operating income to assets
0.81%Return on assets (ROA)
0.81%Pretax return on assets
11.18%Return on equity (ROE)
1.49%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
172.41%Credit loss provision to net charge-offs
16.76%Efficiency ratio
80,066Assets per employee
2.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
86.70%Loss allowance to loans
0.29%Loss allowance to noncurrent loans
21.46%Noncurrent assets plus other real estate owned to assets
1.19%Noncurrent loans to loans
1.35%Net loans and leases to deposits
97.37%Net loans and leases to core deposits
118.41%Equity capital to assets
7.57%Core capital (leverage) ratio
7.42%Tier 1 risk-based capital ratio
13.94%Total risk-based capital ratio
Memoranda
$14Average assets
$53,825Average earning assets
$3,899Average equity
$49,711Average loans
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