Charter Oak Federal Savings Bank in Cincinnati, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 07, 1993

  • Charter Oak Federal Savings Bank in Cincinnati, Ohio (OH)
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Charter Oak Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 32309
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Huntington National Bank (#6560)
    Federal Reserve ID: 454872
    Date Established: May 05, 1880
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8125
    FDIC's unique #: 45143
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: July 19, 1985
    Last Structure Change Effective Date: May 07, 1993
    Last Structure Change Process Date: May 27, 1993
    Last Data Update: May 27, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 4445 Lake Forest Drive, 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: $410.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $225Total assets
  • $466,763Cash and due from depository institutions
  • $27,788Interest-bearing balances
  • $0Securities
  • $78,746Federal funds sold & reverse repurchase agreements
  • $1,200Net loans & leases
  • $325,928Loan loss allowance
  • $3,580Trading account assets
  • $0Bank premises and fixed assets
  • $5,217Other real estate owned
  • $5,819Goodwill and other intangibles
  • $19,349Life insurance assets
  • $2,716All other assets
  • $0Total liabilities and capital
  • $466,763Total liabilities
  • $445,294Total deposits
  • $363,302Interest-bearing deposits
  • $328,314Deposits held in domestic offices
  • 363302.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $78,547Subordinated debt
  • $500All other liabilities
  • $2,945Total equity capital
  • $2,945Total bank equity capital
  • $21,469Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $6,015Undivided profits
  • Memoranda
  • $15,354Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15,174Income earned, not collected on loans
  • $4,211Earning assets
  • $405,874Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $468,615Average Assets, quarterly
  • $461,541Volatile liabilities
  • $101,444Insider loans
  • $0FHLB advances
  • $50,050Loans and leases held for sale
  • $0Unused loan commitments
  • $27,023Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $21,155Total risk weighted assets
  • $304,775Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $35,732Total interest expense
  • $24,214Net interest income
  • $11,518Provision for loan and lease losses
  • $493Total noninterest income
  • $6,711Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $6,711Total noninterest expense
  • $15,899Salaries and employee benefits
  • $6,320Premises and equipment expense
  • $2,751Additional noninterest expense
  • $6,828Pre-tax net operating income
  • $1,837Securities gains (losses)
  • $473Applicable income taxes
  • $410Income before extraordinary items
  • $1,900Extraordinary gains - net
  • $280Net income attributable to bank
  • $2,180Net charge-offs
  • $2,505Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.48%Cost of funding earning assets
  • 5.74%Net interest margin
  • 2.73%Noninterest income to earning assets
  • 1.59%Noninterest expense to earning assets
  • 3.77%Net operating income to assets
  • 0.32%Return on assets (ROA)
  • 0.47%Pretax return on assets
  • 0.55%Return on equity (ROE)
  • 10.63%Retained earnings to average equity (YTD only)
  • 10.63%Net charge-offs to loans
  • 0.77%Credit loss provision to net charge-offs
  • 19.68%Efficiency ratio
  • 86,275Assets per employee
  • 2.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 23.59%Noncurrent assets plus other real estate owned to assets
  • 4.50%Noncurrent loans to loans
  • 4.61%Net loans and leases to deposits
  • 89.71%Net loans and leases to core deposits
  • 95.75%Equity capital to assets
  • 4.60%Core capital (leverage) ratio
  • 4.53%Tier 1 risk-based capital ratio
  • 6.94%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $468,615Average earning assets
  • $20,512Average equity
  • $421,510Average loans

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