Conneaut Savings Bank in Conneaut, Ohio (OH), PA
Overview, Financial Summary, Detailed Financial Reports, Branches


Conneaut Savings Bank - Overview

  • General
  • FDIC Certificate #: 28677
    Status: Active
    Federal Reserve ID: 203575
    Date Established: January 01, 1888
    WWW: http://www.conneautsavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: Yes)
    OTS Docket #: 2123
    FDIC's unique #: 41511
    Numeric code: 42
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: January 08, 1937
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 305 Main Street, Conneaut, OH 44030
    County: Ashtabula
    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): Cleveland-Lorain-Elyria, OH (#1680)
    Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28)
    Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184)
    Core Based Statistical Area (CBSA): Ashtabula, OH (#11780)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $84.4 mil
    Equity capital: $7.2 mil
    Deposits held in domestic offices: $71.9 mil
    Return on assets (ROA): 0.30% ($0.3 mil)
    Quarterly return on assets: 0.30% ($0.3 mil)
    Return on Equity (ROE): 3.62% ($0.3 mil)
    Quarterly return on equity: 3.54% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.44% ($371.5 mil)
    Quarterly Pretax return on assets: 0.42% ($354.6 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
  • 24Total employees (full-time equivalent)
  • $84,426Total assets
  • $10,408Cash and due from depository institutions
  • $8,903Interest-bearing balances
  • $13,922Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $56,159Net loans & leases
  • $263Loan loss allowance
  • $0Trading account assets
  • $2,186Bank premises and fixed assets
  • $450Other real estate owned
  • $0Goodwill and other intangibles
  • $84,425Life insurance assets
  • $1,301All other assets
  • $77,263Total liabilities and capital
  • $71,855Total liabilities
  • $68,566Total deposits
  • $71,855Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,700Trading liabilities
  • $0Other borrowed funds
  • $708Subordinated debt
  • $7,162All other liabilities
  • $7,162Total equity capital
  • $7,162Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $7,162Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $519Income earned, not collected on loans
  • $0Earning assets
  • $242Long-term assets (5+ years)
  • $78,984Average Assets, year-to-date
  • $41,436Average Assets, quarterly
  • $84,096Volatile liabilities
  • $84,184Insider loans
  • $39,233FHLB advances
  • $83,690Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,231Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,150Restructured Loans and leases
  • $710Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,438Total interest income
  • $914Total interest expense
  • $2,524Net interest income
  • $134Provision for loan and lease losses
  • $207Total noninterest income
  • $0Fiduciary activities
  • $119Service charges on deposit accounts
  • $0Trading account gains & fees
  • $88Additional noninterest income
  • $2,229Total noninterest expense
  • $1,071Salaries and employee benefits
  • $280Premises and equipment expense
  • $878Additional noninterest expense
  • $368Pre-tax net operating income
  • $0Securities gains (losses)
  • $116Applicable income taxes
  • $252Income before extraordinary items
  • $0Extraordinary gains - net
  • $252Net income attributable to bank
  • $0Net charge-offs
  • $252Cash dividends
  • $229Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.37%Yield on earning assets
  • 1.16%Cost of funding earning assets
  • 3.21%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 3.62%Return on equity (ROE)
  • 3.62%Retained earnings to average equity (YTD only)
  • 0.40%Net charge-offs to loans
  • 58.52%Credit loss provision to net charge-offs
  • 2.19%Efficiency ratio
  • 81,618Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.47%Loss allowance to noncurrent loans
  • 50.67%Noncurrent assets plus other real estate owned to assets
  • 1.15%Noncurrent loans to loans
  • 0.92%Net loans and leases to deposits
  • 78.16%Net loans and leases to core deposits
  • 81.46%Equity capital to assets
  • 8.48%Core capital (leverage) ratio
  • 8.64%Tier 1 risk-based capital ratio
  • 18.43%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $84,096Average earning assets
  • $6,961Average equity
  • $78,670Average loans

List of branches

  • 3 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041511Conneaut Savings Bank305 Main Street, Conneaut, OH 44030January 01, 1888Full Service Brick and Mortar
    1269858382 West Main Road Branch382 West Main Road, Conneaut, OH 44030January 01, 1888Full Service Brick and Mortar
    2457438Austinburg Branch2046 State Route 45, Austinburg, OH 44010December 14, 2006Full Service Brick and Mortar
  • 1 Pennsylvania Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    3510415Girard Pa Branch110 West Main Street, Girard, PA 16417June 01, 2010Full Service Brick and Mortar

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