Columbus First Bank in Worthington, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

Columbus First Bank - Overview

  • General
  • FDIC Certificate #: 58445
    Status: Active
    Federal Reserve ID: 3625048
    Bank Holding Company (Regulatory Top Holder): Columbus First Bancorp, Inc. (RSSDID: 3960208, Location: Worthington, OH)
    Date Established: August 13, 2007
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 451902
    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: August 13, 2007
    Last Structure Change Effective Date: August 13, 2007
    Last Structure Change Process Date: August 13, 2007
    Last Data Update: August 13, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 6877 N. High Street, Worthington, OH 43085
    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)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    New Institution
  • Financial Summary
  • Total assets: $204.0 mil
    Equity capital: $22.3 mil
    Deposits held in domestic offices: $155.1 mil
    Return on assets (ROA): 0.81% ($1.7 mil)
    Quarterly return on assets: 0.87% ($1.8 mil)
    Return on Equity (ROE): 8.12% ($1.8 mil)
    Quarterly return on equity: 7.77% ($1.7 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.26% ($2,570.2 mil)
    Quarterly Pretax return on assets: 1.35% ($2,753.8 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
  • 27Total employees (full-time equivalent)
  • $203,988Total assets
  • $32,070Cash and due from depository institutions
  • $30,171Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $168,220Net loans & leases
  • $2,883Loan loss allowance
  • $0Trading account assets
  • $287Bank premises and fixed assets
  • $643Other real estate owned
  • $0Goodwill and other intangibles
  • $203,988Life insurance assets
  • $2,768All other assets
  • $181,728Total liabilities and capital
  • $155,128Total liabilities
  • $142,017Total deposits
  • $155,128Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $26,250Trading liabilities
  • $0Other borrowed funds
  • $350Subordinated debt
  • $22,260All other liabilities
  • $22,260Total equity capital
  • $22,260Total bank equity capital
  • $0Perpetual preferred stock
  • $1,099Common stock
  • $18,785Surplus
  • $2,376Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $239Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $722Long-term assets (5+ years)
  • $198,391Average Assets, year-to-date
  • $61,780Average Assets, quarterly
  • $181,553Volatile liabilities
  • $197,592Insider loans
  • $147,423FHLB advances
  • $195,928Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,260Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,633Restructured Loans and leases
  • $6,027Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,508Total interest income
  • $2,376Total interest expense
  • $7,132Net interest income
  • $980Provision for loan and lease losses
  • $169Total noninterest income
  • $0Fiduciary activities
  • $29Service charges on deposit accounts
  • $0Trading account gains & fees
  • $140Additional noninterest income
  • $4,032Total noninterest expense
  • $2,689Salaries and employee benefits
  • $262Premises and equipment expense
  • $1,081Additional noninterest expense
  • $2,289Pre-tax net operating income
  • $0Securities gains (losses)
  • $817Applicable income taxes
  • $1,472Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,472Net income attributable to bank
  • $0Net charge-offs
  • $1,472Cash dividends
  • $382Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.38%Yield on earning assets
  • 1.35%Cost of funding earning assets
  • 4.04%Net interest margin
  • 0.10%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 1.26%Pretax return on assets
  • 8.12%Return on equity (ROE)
  • 8.12%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 256.54%Credit loss provision to net charge-offs
  • 8.56%Efficiency ratio
  • 55,225Assets per employee
  • 7.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 108.44%Net loans and leases to core deposits
  • 124.96%Equity capital to assets
  • 10.91%Core capital (leverage) ratio
  • 11.36%Tier 1 risk-based capital ratio
  • 15.10%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $181,553Average earning assets
  • $18,125Average equity
  • $176,630Average loans

List of branches

  • 1 Ohio Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0451902Columbus First Bank6877 N. High Street, Worthington, OH 43085August 13, 2007Full Service Brick and Mortar

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