FDIC Certificate #: 8966 Status: Inactive Closing history: Corrections Acquiring institution:The State Bank and Trust Company (#13339) Federal Reserve ID: 215523 Date Established: January 01, 1905 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 14341 FDIC's unique #: 5726 Numeric code: 13 Regulator: FED 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: Febuary 01, 2002 Last Structure Change Process Date: Febuary 05, 2002 Last Data Update: Febuary 05, 2002 Data Source Date: April 05, 2012
Location
Address: Main Street, Oakwood, OH 45873 County: Paulding 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
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $72.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
15Total employees (full-time equivalent)
$72,267Total assets
$8,327Cash and due from depository institutions
$4,180Interest-bearing balances
$26,646Securities
$2,470Federal funds sold & reverse repurchase agreements
$32,896Net loans & leases
$492Loan loss allowance
$0Trading account assets
$442Bank premises and fixed assets
$20Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,466All other assets
$72,267Total liabilities and capital
$65,895Total liabilities
$60,168Total deposits
$54,153Interest-bearing deposits
$60,168Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,084Other borrowed funds
$0Subordinated debt
$643All other liabilities
$6,372Total equity capital
$6,372Total bank equity capital
$6,372Perpetual preferred stock
$0Common stock
$270Surplus
$270Undivided profits
Memoranda
$5,832Noncurrent loans and leases
$1,129Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$719Earning assets
$0Long-term assets (5+ years)
$590Average Assets, year-to-date
$66,192Average Assets, quarterly
$32,909Volatile liabilities
$71,710Insider loans
$74,455FHLB advances
$7,863Loans and leases held for sale
$161Unused loan commitments
$5,020Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,129Total unused commitments
$94Restructured Loans and leases
$419Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$4,678Total interest income
$2,751Total interest expense
$1,927Net interest income
$166Provision for loan and lease losses
$262Total noninterest income
$0Fiduciary activities
$191Service charges on deposit accounts
$0Trading account gains & fees
$71Additional noninterest income
$1,186Total noninterest expense
$491Salaries and employee benefits
$130Premises and equipment expense
$565Additional noninterest expense
$837Pre-tax net operating income
$49Securities gains (losses)
$162Applicable income taxes
$724Income before extraordinary items
$0Extraordinary gains - net
$724Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$86Sale, conversion, retirement of capital stock, net
$108Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.22%Yield on earning assets
4.25%Cost of funding earning assets
2.98%Net interest margin
0.40%Noninterest income to earning assets
1.83%Noninterest expense to earning assets
0.95%Net operating income to assets
1.01%Return on assets (ROA)
1.24%Pretax return on assets
12.10%Return on equity (ROE)
10.29%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
193.02%Credit loss provision to net charge-offs
11.66%Efficiency ratio
54,180Assets per employee
4.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
14.92%Loss allowance to loans
1.47%Loss allowance to noncurrent loans
68.43%Noncurrent assets plus other real estate owned to assets
1.02%Noncurrent loans to loans
2.15%Net loans and leases to deposits
54.67%Net loans and leases to core deposits
61.64%Equity capital to assets
8.82%Core capital (leverage) ratio
8.45%Tier 1 risk-based capital ratio
18.65%Total risk-based capital ratio
Memoranda
$20Average assets
$71,710Average earning assets
$5,985Average equity
$64,749Average loans
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