Advantage Bank in Cambridge, Ohio (OH), KY, WV
Overview, Financial Summary, Detailed Financial Reports, Branches


Advantage Bank - Overview

  • General
  • FDIC Certificate #: 29864
    Status: Active
    Federal Reserve ID: 834979
    Bank Holding Company (Regulatory Top Holder): Camco Financial Corporation (RSSDID: 1251256, Location: Cambridge, OH)
    Date Established: January 01, 1891
    WWW: http://www.advantagebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 26 (Domestic: 26, Interstate: Yes)
    OTS Docket #: 4226
    FDIC's unique #: 42698
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 02, 1938
    Last Structure Change Effective Date: March 23, 2011
    Last Structure Change Process Date: March 23, 2011
    Last Data Update: March 23, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 814 Wheeling Avenue, Cambridge, OH 43725
    County: Guernsey
    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
    Core Based Statistical Area (CBSA): Cambridge, OH (#15740)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Trust Powers
  • Financial Summary
  • Total assets: $767.1 mil
    Equity capital: $49.0 mil
    Deposits held in domestic offices: $634.2 mil
    Return on assets (ROA): 0.27% ($2.1 mil)
    Quarterly return on assets: 0.95% ($7.3 mil)
    Return on Equity (ROE): 4.45% ($2.2 mil)
    Quarterly return on equity: 15.35% ($7.5 mil)
    Net income: $2.1 mil
    Quarterly Net income: $1.8 mil
    Pretax return on assets: 0.34% ($2,608.2 mil)
    Quarterly Pretax return on assets: 0.95% ($7,287.6 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, 2011)

  • Dollar figures in thousands
  • 211Total employees (full-time equivalent)
  • $767,113Total assets
  • $38,374Cash and due from depository institutions
  • $24,109Interest-bearing balances
  • $20,876Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $648,121Net loans & leases
  • $14,532Loan loss allowance
  • $0Trading account assets
  • $8,341Bank premises and fixed assets
  • $11,838Other real estate owned
  • $3,263Goodwill and other intangibles
  • $767,113Life insurance assets
  • $36,300All other assets
  • $718,153Total liabilities and capital
  • $634,206Total liabilities
  • $606,778Total deposits
  • $634,206Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 11681.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $63,604Trading liabilities
  • $0Other borrowed funds
  • $8,662Subordinated debt
  • $48,960All other liabilities
  • $48,960Total equity capital
  • $48,960Total bank equity capital
  • $0Perpetual preferred stock
  • $3Common stock
  • $57,752Surplus
  • $-8,795Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $8,090Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $24,918Income earned, not collected on loans
  • $0Earning assets
  • $2,945Long-term assets (5+ years)
  • $693,106Average Assets, year-to-date
  • $153,359Average Assets, quarterly
  • $785,722Volatile liabilities
  • $779,089Insider loans
  • $608,414FHLB advances
  • $761,127Loans and leases held for sale
  • $18,224Unused loan commitments
  • $15,997Tier 1 (core) risk-based capital
  • $48,611Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,227Total unused commitments
  • $92,302Restructured Loans and leases
  • $182Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $36,786Total interest income
  • $10,031Total interest expense
  • $26,755Net interest income
  • $2,279Provision for loan and lease losses
  • $3,029Total noninterest income
  • $0Fiduciary activities
  • $1,119Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,910Additional noninterest income
  • $26,123Total noninterest expense
  • $11,632Salaries and employee benefits
  • $2,559Premises and equipment expense
  • $11,932Additional noninterest expense
  • $1,382Pre-tax net operating income
  • $1,276Securities gains (losses)
  • $538Applicable income taxes
  • $2,120Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,120Net income attributable to bank
  • $0Net charge-offs
  • $2,120Cash dividends
  • $4,617Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.20%Yield on earning assets
  • 1.42%Cost of funding earning assets
  • 3.78%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 3.69%Noninterest expense to earning assets
  • 0.14%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.34%Pretax return on assets
  • 4.45%Return on equity (ROE)
  • 4.45%Retained earnings to average equity (YTD only)
  • 0.69%Net charge-offs to loans
  • 49.36%Credit loss provision to net charge-offs
  • 0.79%Efficiency ratio
  • 87,708Assets per employee
  • 3.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.19%Loss allowance to noncurrent loans
  • 58.32%Noncurrent assets plus other real estate owned to assets
  • 4.79%Noncurrent loans to loans
  • 3.76%Net loans and leases to deposits
  • 102.19%Net loans and leases to core deposits
  • 103.63%Equity capital to assets
  • 6.38%Core capital (leverage) ratio
  • 6.39%Tier 1 risk-based capital ratio
  • 7.99%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $785,722Average earning assets
  • $47,688Average equity
  • $707,895Average loans

List of branches

  • 3 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    2140637Columbia Federal Savings Bank Branch2497 Dixie Highway, Fort Mitchell, KY 41017January 01, 1884Full Service Brick and Mortar
    22263481401-7 Pike Street Branch401-7 Pike Street, Covington, KY 41011January 01, 1884Full Service Brick and Mortar
    23263482Spring Meadow Shopping Center Branch7550 Dixie Highway, Florence, KY 41042January 01, 1884Full Service Brick and Mortar
  • 21 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042698Advantage Bank814 Wheeling Avenue, Cambridge, OH 43725January 01, 1891Full Service Brick and Mortar
    2262533Uhrichsville Branch327 East Third Street, Uhrichsville, OH 44683January 01, 1885Full Service Brick and Mortar
    3262534Byesville Branch209 Seneca Avenue, Byesville, OH 43723January 01, 1885Full Service Brick and Mortar
    4262535North 11th Street Branch175 North 11th Street, Cambridge, OH 43725January 01, 1885Full Service Brick and Mortar
    541197Marietta Savings Bank Branch226 Third Street, Marietta, OH 45750January 01, 1923Full Service Brick and Mortar
    62669821925 Washington Blvd Branch1925 Washington Blvd, Belpre, OH 45714January 01, 1923Full Service Brick and Mortar
    7266983714 Pike Street Branch714 Pike Street, Marietta, OH 45750January 20, 1998Full Service Brick and Mortar
    1140834First Fsb Of Washington Court House134 East Court Street, Washington Court House, OH 43160January 01, 1922Full Service Brick and Mortar
    12264485Washington Avenue Branch1050 Washington Avenue, Washington C. H., OH 43160June 30, 1996Full Service Brick and Mortar
    1342768One North Plum Street Branch1 N. Plum St., Germantown, OH 45327January 01, 1887Full Service Brick and Mortar
    14277791New Lebanon Branch675 West Main Street, New Lebanon, OH 45345January 01, 1887Full Service Brick and Mortar
    15359507Wilmington Branch135 North South Street, Wilmington, OH 45177July 01, 1992Limited Service Loan Production
    16359508Chillicothe Branch45 West Second Street, Chillicothe, OH 45601July 01, 1994Limited Service Loan Production
    17359509Powell Branch218 West Olentangy Street, Powell, OH 43065July 01, 1998Limited Service Loan Production
    1843073The Westwood Homestead Sav. Bk. Bran3002 Harrison Avenue, Cincinnati, OH 45211January 01, 1883Full Service Brick and Mortar
    26419534Dover Branch547 S. James Street, Dover, OH 44622October 16, 2002Full Service Brick and Mortar
    27439292Polaris Branch440 Polaris Parkway Suite 250, Westerville, OH 43082September 15, 2004Full Service Brick and Mortar
    29442489London Branch2 East High St, London, OH 43140September 17, 2004Full Service Brick and Mortar
    30455261Mason Branch6360 Tylersville Road, Mason, OH 45040September 11, 2006Full Service Retail
    31462079Eagleton Center Branch1104 Eagleton Plz, London, OH 43140March 26, 2007Full Service Brick and Mortar
    32462667Gregory Street Branch1111 Saint Gregory Street, Cincinnati, OH 45202Febuary 21, 2006Full Service Brick and Mortar
  • 2 West Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    10359477Huntington Wv Branch191 Eastern Heights Shopping Center, Huntington, WV 25704July 01, 1997Limited Service Loan Production
    28442274Vienna Branch1500 Grand Central Avenue, Vienna, WV 26105July 18, 2005Full Service Brick and Mortar

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