FDIC Certificate #: 27802 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Foundation Bank (#28724) Federal Reserve ID: 635176 Date Established: January 01, 1887 WWW:http://www.lenoxbankonline.com Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 306 FDIC's unique #: 40636 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: October 03, 1978 Last Structure Change Effective Date: December 24, 2003 Last Structure Change Process Date: January 06, 2004 Last Data Update: January 06, 2004 Data Source Date: April 05, 2012
Location
Address: 4730 Montgomery Road, Norwood, OH 45212 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: $55.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
19Total employees (full-time equivalent)
$60,457Total assets
$4,316Cash and due from depository institutions
$3,899Interest-bearing balances
$11,455Securities
$454Federal funds sold & reverse repurchase agreements
$40,379Net loans & leases
$251Loan loss allowance
$0Trading account assets
$1,141Bank premises and fixed assets
$0Other real estate owned
$186Goodwill and other intangibles
$0Life insurance assets
$2,526All other assets
$60,457Total liabilities and capital
$54,828Total liabilities
$31,602Total deposits
$29,139Interest-bearing deposits
$31,602Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$22,733Other borrowed funds
$0Subordinated debt
$493All other liabilities
$5,629Total equity capital
$5,629Total bank equity capital
$5,629Perpetual preferred stock
$0Common stock
$0Surplus
$4,742Undivided profits
Memoranda
$887Noncurrent loans and leases
$4,919Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$549Earning assets
$0Long-term assets (5+ years)
$279Average Assets, year-to-date
$56,187Average Assets, quarterly
$13,840Volatile liabilities
$60,974Insider loans
$59,915FHLB advances
$4,800Loans and leases held for sale
$133Unused loan commitments
$22,733Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,919Total unused commitments
$0Restructured Loans and leases
$251Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$3,843Total interest income
$2,272Total interest expense
$1,571Net interest income
$94Provision for loan and lease losses
$471Total noninterest income
$0Fiduciary activities
$73Service charges on deposit accounts
$0Trading account gains & fees
$398Additional noninterest income
$1,929Total noninterest expense
$1,067Salaries and employee benefits
$225Premises and equipment expense
$637Additional noninterest expense
$19Pre-tax net operating income
$16Securities gains (losses)
$12Applicable income taxes
$23Income before extraordinary items
$0Extraordinary gains - net
$23Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$136Sale, conversion, retirement of capital stock, net
$60Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.76%Yield on earning assets
4.00%Cost of funding earning assets
2.76%Net interest margin
0.83%Noninterest income to earning assets
3.40%Noninterest expense to earning assets
0.02%Net operating income to assets
0.04%Return on assets (ROA)
0.06%Pretax return on assets
0.41%Return on equity (ROE)
-0.66%Retained earnings to average equity (YTD only)
0.30%Net charge-offs to loans
69.12%Credit loss provision to net charge-offs
0.83%Efficiency ratio
94,466Assets per employee
3.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
260.87%Loss allowance to loans
0.62%Loss allowance to noncurrent loans
45.72%Noncurrent assets plus other real estate owned to assets
0.91%Noncurrent loans to loans
1.35%Net loans and leases to deposits
127.77%Net loans and leases to core deposits
150.47%Equity capital to assets
9.31%Core capital (leverage) ratio
9.37%Tier 1 risk-based capital ratio
18.98%Total risk-based capital ratio
Memoranda
$20Average assets
$60,974Average earning assets
$5,623Average equity
$56,819Average loans
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