FDIC Certificate #: 13677 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Vinton County National Bank of McArthur (#6636) Federal Reserve ID: 838427 Date Established: April 10, 1923 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 8550 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 17, 1934 Last Structure Change Effective Date: August 17, 2007 Last Structure Change Process Date: September 13, 2007 Last Data Update: September 13, 2007 Data Source Date: April 05, 2012
Location
Address: 18627 Main Street, Laurelville, OH 43135 County: Hocking 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: $35.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
23Total employees (full-time equivalent)
$34,562Total assets
$2,989Cash and due from depository institutions
$0Interest-bearing balances
$8,055Securities
$153Federal funds sold & reverse repurchase agreements
$22,175Net loans & leases
$180Loan loss allowance
$0Trading account assets
$690Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$500All other assets
$34,562Total liabilities and capital
$30,013Total liabilities
$29,928Total deposits
$24,176Interest-bearing deposits
$29,928Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$85All other liabilities
$4,549Total equity capital
$4,549Total bank equity capital
$4,549Perpetual preferred stock
$0Common stock
$500Surplus
$500Undivided profits
Memoranda
$3,549Noncurrent loans and leases
$528Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$272Earning assets
$0Long-term assets (5+ years)
$246Average Assets, year-to-date
$30,383Average Assets, quarterly
$4,554Volatile liabilities
$34,098Insider loans
$34,119FHLB advances
$3,276Loans and leases held for sale
$481Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$528Total unused commitments
$0Restructured Loans and leases
$180Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$1,988Total interest income
$533Total interest expense
$1,455Net interest income
$0Provision for loan and lease losses
$382Total noninterest income
$0Fiduciary activities
$308Service charges on deposit accounts
$0Trading account gains & fees
$74Additional noninterest income
$1,430Total noninterest expense
$690Salaries and employee benefits
$203Premises and equipment expense
$537Additional noninterest expense
$407Pre-tax net operating income
$2Securities gains (losses)
$125Applicable income taxes
$284Income before extraordinary items
$0Extraordinary gains - net
$284Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$44Sale, conversion, retirement of capital stock, net
$180Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.54%Yield on earning assets
1.75%Cost of funding earning assets
4.79%Net interest margin
1.26%Noninterest income to earning assets
4.70%Noninterest expense to earning assets
0.83%Net operating income to assets
0.83%Return on assets (ROA)
1.20%Pretax return on assets
6.36%Return on equity (ROE)
2.33%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
9.25%Efficiency ratio
77,844Assets per employee
1.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.38%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
66.18%Noncurrent assets plus other real estate owned to assets
0.79%Noncurrent loans to loans
1.22%Net loans and leases to deposits
74.09%Net loans and leases to core deposits
83.20%Equity capital to assets
13.16%Core capital (leverage) ratio
13.40%Tier 1 risk-based capital ratio
23.77%Total risk-based capital ratio
Memoranda
$25Average assets
$34,098Average earning assets
$4,465Average equity
$30,402Average loans
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