FDIC Certificate #: 28009 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Oak Hill Banks (#10666) Federal Reserve ID: 790673 Date Established: January 01, 1908 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 7 (Interstate: No) OTS Docket #: 730 FDIC's unique #: 40843 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) Insured commercial Banks: Yes FDIC Insured: Yes SAIF Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: May 02, 1940 Last Structure Change Effective Date: November 30, 2002 Last Structure Change Process Date: January 08, 2003 Last Data Update: January 08, 2003 Data Source Date: April 05, 2012
Location
Address: 4811 Cooper Road, Cincinnati, OH 45242 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: $241.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
68Total employees (full-time equivalent)
$223,660Total assets
$4,429Cash and due from depository institutions
$213Interest-bearing balances
$12,273Securities
$11,604Federal funds sold & reverse repurchase agreements
$187,415Net loans & leases
$2,469Loan loss allowance
$0Trading account assets
$2,780Bank premises and fixed assets
$1,568Other real estate owned
$658Goodwill and other intangibles
$0Life insurance assets
$2,933All other assets
$223,660Total liabilities and capital
$207,100Total liabilities
$182,617Total deposits
$170,270Interest-bearing deposits
$182,617Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$23,730Other borrowed funds
$0Subordinated debt
$753All other liabilities
$16,560Total equity capital
$16,560Total bank equity capital
$16,560Perpetual preferred stock
$0Common stock
$458Surplus
$7,278Undivided profits
Memoranda
$8,824Noncurrent loans and leases
$38,690Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$955Earning assets
$0Long-term assets (5+ years)
$1,152Average Assets, year-to-date
$211,505Average Assets, quarterly
$55,640Volatile liabilities
$210,197Insider loans
$216,741FHLB advances
$39,539Loans and leases held for sale
$94Unused loan commitments
$23,730Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$246Total risk weighted assets
$38,690Total unused commitments
$0Restructured Loans and leases
$2,240Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$16,874Total interest income
$9,301Total interest expense
$7,573Net interest income
$722Provision for loan and lease losses
$1,662Total noninterest income
$0Fiduciary activities
$292Service charges on deposit accounts
$0Trading account gains & fees
$1,370Additional noninterest income
$4,894Total noninterest expense
$2,359Salaries and employee benefits
$631Premises and equipment expense
$1,904Additional noninterest expense
$3,619Pre-tax net operating income
$47Securities gains (losses)
$1,219Applicable income taxes
$2,447Income before extraordinary items
$0Extraordinary gains - net
$2,447Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$484Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.43%Yield on earning assets
4.65%Cost of funding earning assets
3.78%Net interest margin
0.83%Noninterest income to earning assets
2.44%Noninterest expense to earning assets
1.15%Net operating income to assets
1.16%Return on assets (ROA)
1.74%Pretax return on assets
16.07%Return on equity (ROE)
16.07%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
149.17%Credit loss provision to net charge-offs
8.97%Efficiency ratio
52,637Assets per employee
3.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
258.53%Noncurrent assets plus other real estate owned to assets
1.13%Noncurrent loans to loans
0.50%Net loans and leases to deposits
102.63%Net loans and leases to core deposits
130.99%Equity capital to assets
7.40%Core capital (leverage) ratio
7.57%Tier 1 risk-based capital ratio
9.13%Total risk-based capital ratio
Memoranda
$10Average assets
$210,197Average earning assets
$15,223Average equity
$200,209Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Towne Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: