Benchmark Bank in Gahanna, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Benchmark Bank in Gahanna, Ohio (OH)
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Benchmark Bank - Overview

  • General
  • FDIC Certificate #: 57949
    Status: Active
    Federal Reserve ID: 3369007
    Bank Holding Company (Regulatory Top Holder): Benchmark Bancorp, Inc. (RSSDID: 3927304, Location: Gahanna, OH)
    Date Established: August 01, 2005
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 432370
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: August 01, 2005
    Last Structure Change Effective Date: December 19, 2011
    Last Structure Change Process Date: December 19, 2011
    Last Data Update: December 19, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 461 Beecher Road, Gahanna, OH 43230
    County: Franklin
    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): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • Financial Summary
  • Total assets: $113.1 mil
    Equity capital: $10.5 mil
    Deposits held in domestic offices: $97.2 mil
    Return on assets (ROA): -0.91% (-$1.0 mil)
    Quarterly return on assets: -0.76% (-$0.9 mil)
    Return on Equity (ROE): -10.62% (-$1.1 mil)
    Quarterly return on equity: -8.34% (-$0.8 mil)
    Net income: -$1.1 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -0.91% (-$1,029.6 mil)
    Quarterly Pretax return on assets: -0.76% (-$859.9 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
  • 35Total employees (full-time equivalent)
  • $113,144Total assets
  • $10,257Cash and due from depository institutions
  • $10,074Interest-bearing balances
  • $2,007Securities
  • $1,657Federal funds sold & reverse repurchase agreements
  • $89,842Net loans & leases
  • $3,513Loan loss allowance
  • $0Trading account assets
  • $2,810Bank premises and fixed assets
  • $5,449Other real estate owned
  • $0Goodwill and other intangibles
  • $113,144Life insurance assets
  • $1,122All other assets
  • $102,668Total liabilities and capital
  • $97,162Total liabilities
  • $89,508Total deposits
  • $97,162Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $506Subordinated debt
  • $10,476All other liabilities
  • $10,476Total equity capital
  • $10,476Total bank equity capital
  • $0Perpetual preferred stock
  • $1,201Common stock
  • $17,547Surplus
  • $-8,272Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,071Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,598Income earned, not collected on loans
  • $0Earning assets
  • $391Long-term assets (5+ years)
  • $103,580Average Assets, year-to-date
  • $5,357Average Assets, quarterly
  • $119,435Volatile liabilities
  • $115,256Insider loans
  • $71,982FHLB advances
  • $116,191Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,398Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,803Restructured Loans and leases
  • $2,138Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,357Total interest income
  • $1,526Total interest expense
  • $3,831Net interest income
  • $501Provision for loan and lease losses
  • -$52Total noninterest income
  • $0Fiduciary activities
  • $43Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$95Additional noninterest income
  • $4,370Total noninterest expense
  • $2,039Salaries and employee benefits
  • $464Premises and equipment expense
  • $1,867Additional noninterest expense
  • -$1,092Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$1,092Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,092Net income attributable to bank
  • $0Net charge-offs
  • -$1,092Cash dividends
  • $1,243Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.90%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 3.51%Net interest margin
  • -0.05%Noninterest income to earning assets
  • 4.00%Noninterest expense to earning assets
  • -0.91%Net operating income to assets
  • -0.91%Return on assets (ROA)
  • -0.91%Pretax return on assets
  • -10.62%Return on equity (ROE)
  • -10.62%Retained earnings to average equity (YTD only)
  • 1.31%Net charge-offs to loans
  • 40.31%Credit loss provision to net charge-offs
  • -0.48%Efficiency ratio
  • 115,639Assets per employee
  • 3.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.76%Loss allowance to noncurrent loans
  • 40.86%Noncurrent assets plus other real estate owned to assets
  • 12.42%Noncurrent loans to loans
  • 9.21%Net loans and leases to deposits
  • 92.47%Net loans and leases to core deposits
  • 98.40%Equity capital to assets
  • 9.26%Core capital (leverage) ratio
  • 8.95%Tier 1 risk-based capital ratio
  • 14.45%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $119,435Average earning assets
  • $10,285Average equity
  • $109,232Average loans

List of branches

  • 2 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0432370Benchmark Bank461 Beecher Road, Gahanna, OH 43230August 01, 2005Full Service Brick and Mortar
    1511428Westerville Branch468 Polaris Parkway, Westerville, OH 43082September 01, 2008Full Service Brick and Mortar

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