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 WWW:http://www.columbusfirstbank.com 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
No
ID
Name
Address
Established
Service Type
Map
0
451902
Columbus First Bank
6877 N. High Street, Worthington, OH 43085
August 13, 2007
Full Service Brick and Mortar
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