FDIC Certificate #: 29767 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Southern Hills Community Bank (#29749) Federal Reserve ID: 354477 Date Established: January 01, 1922 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 4059 FDIC's unique #: 42601 Numeric code: 36 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 27, 1937 Last Structure Change Effective Date: April 05, 2011 Last Structure Change Process Date: April 07, 2011 Last Data Update: April 07, 2011 Data Source Date: April 05, 2012
Location
Address: 223 No Main St, Lynchburg, OH 45142 County: Highland 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
Financial Summary
Total assets: $26.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
4Total employees (full-time equivalent)
$25,535Total assets
$1,986Cash and due from depository institutions
$1,848Interest-bearing balances
$82Securities
$0Federal funds sold & reverse repurchase agreements
$22,486Net loans & leases
$110Loan loss allowance
$0Trading account assets
$299Bank premises and fixed assets
$187Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$495All other assets
$25,535Total liabilities and capital
$21,152Total liabilities
$19,125Total deposits
$19,112Interest-bearing deposits
$19,125Deposits held in domestic offices
100.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,801Other borrowed funds
$0Subordinated debt
$226All other liabilities
$4,383Total equity capital
$4,383Total bank equity capital
$4,383Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$4,383Noncurrent loans and leases
$1,181Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$735Earning assets
$0Long-term assets (5+ years)
$140Average Assets, year-to-date
$24,416Average Assets, quarterly
$0Volatile liabilities
$25,108Insider loans
$25,694FHLB advances
$6,044Loans and leases held for sale
$236Unused loan commitments
$1,801Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,181Total unused commitments
$187Restructured Loans and leases
$113Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$1,460Total interest income
$471Total interest expense
$989Net interest income
$60Provision for loan and lease losses
$33Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$33Additional noninterest income
$774Total noninterest expense
$455Salaries and employee benefits
$84Premises and equipment expense
$235Additional noninterest expense
$188Pre-tax net operating income
$0Securities gains (losses)
$71Applicable income taxes
$117Income before extraordinary items
$0Extraordinary gains - net
$117Net income attributable to bank
$0Net charge-offs
$117Cash dividends
$10Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.05%Yield on earning assets
1.95%Cost of funding earning assets
4.10%Net interest margin
0.14%Noninterest income to earning assets
3.21%Noninterest expense to earning assets
0.47%Net operating income to assets
0.47%Return on assets (ROA)
0.75%Pretax return on assets
2.69%Return on equity (ROE)
2.69%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
600.00%Credit loss provision to net charge-offs
24.80%Efficiency ratio
75,734Assets per employee
6.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.49%Loss allowance to noncurrent loans
14.97%Noncurrent assets plus other real estate owned to assets
3.61%Noncurrent loans to loans
3.25%Net loans and leases to deposits
117.57%Net loans and leases to core deposits
151.10%Equity capital to assets
17.16%Core capital (leverage) ratio
17.15%Tier 1 risk-based capital ratio
27.75%Total risk-based capital ratio
Memoranda
$28Average assets
$25,108Average earning assets
$4,344Average equity
$24,119Average loans
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