FDIC Certificate #: 28668 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Cheviot Savings Bank (#27946) Federal Reserve ID: 621076 Date Established: January 01, 1883 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 2092 FDIC's unique #: 41502 Numeric code: 35 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: August 20, 1951 Last Structure Change Effective Date: March 17, 2011 Last Structure Change Process Date: April 06, 2011 Last Data Update: April 06, 2011 Data Source Date: April 05, 2012
Location
Address: 4750 Ashwood Drive, Cincinnati, OH 45241 County: Hamilton 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): Cincinnati, OH-KY-IN (#1640) Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21) Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178) Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140) CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
Financial Summary
Total assets: $270.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
93Total employees (full-time equivalent)
$270,711Total assets
$8,924Cash and due from depository institutions
$7,161Interest-bearing balances
$19,661Securities
$0Federal funds sold & reverse repurchase agreements
$215,570Net loans & leases
$2,837Loan loss allowance
$0Trading account assets
$2,357Bank premises and fixed assets
$2,818Other real estate owned
$313Goodwill and other intangibles
$6,274Life insurance assets
$21,068All other assets
$270,711Total liabilities and capital
$249,995Total liabilities
$225,659Total deposits
$219,118Interest-bearing deposits
$225,659Deposits held in domestic offices
94.40%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$22,952Other borrowed funds
$0Subordinated debt
$1,384All other liabilities
$20,716Total equity capital
$20,716Total bank equity capital
$20,716Perpetual preferred stock
$0Common stock
$622Surplus
$5,943Undivided profits
Memoranda
$14,151Noncurrent loans and leases
$19,497Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$8,124Earning assets
$0Long-term assets (5+ years)
$996Average Assets, year-to-date
$242,392Average Assets, quarterly
$0Volatile liabilities
$282,826Insider loans
$272,531FHLB advances
$68,382Loans and leases held for sale
$1,012Unused loan commitments
$22,952Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$19,497Total unused commitments
$4,826Restructured Loans and leases
$2,435Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$13,489Total interest income
$6,365Total interest expense
$7,124Net interest income
$1,967Provision for loan and lease losses
$4,457Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$4,457Additional noninterest income
$11,136Total noninterest expense
$6,055Salaries and employee benefits
$1,574Premises and equipment expense
$3,507Additional noninterest expense
-$1,522Pre-tax net operating income
$23Securities gains (losses)
-$779Applicable income taxes
-$720Income before extraordinary items
$0Extraordinary gains - net
-$720Net income attributable to bank
$0Net charge-offs
-$720Cash dividends
$1,560Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.33%Yield on earning assets
2.52%Cost of funding earning assets
2.82%Net interest margin
1.76%Noninterest income to earning assets
4.40%Noninterest expense to earning assets
-0.26%Net operating income to assets
-0.25%Return on assets (ROA)
-0.53%Pretax return on assets
-3.40%Return on equity (ROE)
-3.40%Retained earnings to average equity (YTD only)
0.68%Net charge-offs to loans
126.09%Credit loss provision to net charge-offs
0.29%Efficiency ratio
96,157Assets per employee
2.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
34.92%Noncurrent assets plus other real estate owned to assets
4.04%Noncurrent loans to loans
3.72%Net loans and leases to deposits
95.53%Net loans and leases to core deposits
119.61%Equity capital to assets
7.65%Core capital (leverage) ratio
7.40%Tier 1 risk-based capital ratio
10.27%Total risk-based capital ratio
Memoranda
$12Average assets
$282,826Average earning assets
$21,178Average equity
$253,017Average loans
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