FDIC Certificate #: 30239 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Advantage Bank (#27642) Federal Reserve ID: 247775 Date Established: January 01, 1883 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 5024 FDIC's unique #: 43073 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: November 09, 1956 Last Structure Change Effective Date: June 01, 2001 Last Structure Change Process Date: June 08, 2001 Last Data Update: June 08, 2001 Data Source Date: April 05, 2012
Location
Address: 3002 Harrison Avenue, Cincinnati, OH 45211 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: $159.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
28Total employees (full-time equivalent)
$158,552Total assets
$2,774Cash and due from depository institutions
$58Interest-bearing balances
$6,458Securities
$0Federal funds sold & reverse repurchase agreements
$144,634Net loans & leases
$672Loan loss allowance
$0Trading account assets
$2,091Bank premises and fixed assets
$0Other real estate owned
$153Goodwill and other intangibles
$0Life insurance assets
$2,442All other assets
$158,552Total liabilities and capital
$145,827Total liabilities
$101,803Total deposits
$99,399Interest-bearing deposits
$101,803Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$43,426Other borrowed funds
$0Subordinated debt
$598All other liabilities
$12,725Total equity capital
$12,725Total bank equity capital
$12,725Perpetual preferred stock
$0Common stock
$1Surplus
$15,540Undivided profits
Memoranda
$-2,816Noncurrent loans and leases
$9,867Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$346Earning assets
$0Long-term assets (5+ years)
$808Average Assets, year-to-date
$151,150Average Assets, quarterly
$96,320Volatile liabilities
$158,054Insider loans
$158,683FHLB advances
$33,296Loans and leases held for sale
$68Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,867Total unused commitments
$0Restructured Loans and leases
$672Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$12,909Total interest income
$7,938Total interest expense
$4,971Net interest income
$48Provision for loan and lease losses
$318Total noninterest income
$0Fiduciary activities
$188Service charges on deposit accounts
$0Trading account gains & fees
$130Additional noninterest income
$2,613Total noninterest expense
$1,203Salaries and employee benefits
$400Premises and equipment expense
$1,010Additional noninterest expense
$2,628Pre-tax net operating income
-$42Securities gains (losses)
$882Applicable income taxes
$1,704Income before extraordinary items
$0Extraordinary gains - net
$1,704Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$18Sale, conversion, retirement of capital stock, net
$7,250Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.50%Yield on earning assets
5.23%Cost of funding earning assets
3.27%Net interest margin
0.21%Noninterest income to earning assets
1.72%Noninterest expense to earning assets
1.10%Net operating income to assets
1.08%Return on assets (ROA)
1.64%Pretax return on assets
12.21%Return on equity (ROE)
-39.75%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
266.67%Credit loss provision to net charge-offs
148.67%Efficiency ratio
48,289Assets per employee
5.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
425.47%Loss allowance to loans
0.46%Loss allowance to noncurrent loans
194.22%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.24%Net loans and leases to deposits
142.07%Net loans and leases to core deposits
171.86%Equity capital to assets
8.03%Core capital (leverage) ratio
8.10%Tier 1 risk-based capital ratio
11.60%Total risk-based capital ratio
Memoranda
$12Average assets
$158,054Average earning assets
$13,954Average equity
$151,789Average loans
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