Cottage Savings Bank in Montgomery, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Cottage Savings Bank in Montgomery, Ohio (OH)
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Cottage Savings Bank - Overview

  • General
  • FDIC Certificate #: 57089
    Status: Active
    Federal Reserve ID: 3017737
    Date Established: April 16, 2001
    WWW: http://www.cottagesavingsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 357156
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: April 16, 2001
    Last Structure Change Effective Date: January 04, 2012
    Last Structure Change Process Date: January 04, 2012
    Last Data Update: January 04, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 9813 Montgomery Road, Montgomery, OH 45242
    County: Hamilton
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Cincinnati
    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)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $42.1 mil
    Equity capital: $7.4 mil
    Deposits held in domestic offices: $30.7 mil
    Return on assets (ROA): 0.85% ($0.4 mil)
    Quarterly return on assets: 1.47% ($0.6 mil)
    Return on Equity (ROE): 4.84% ($0.3 mil)
    Quarterly return on equity: 8.28% ($0.6 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.85% ($357.9 mil)
    Quarterly Pretax return on assets: 1.47% ($619.0 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
  • 8Total employees (full-time equivalent)
  • $42,109Total assets
  • $11,004Cash and due from depository institutions
  • $10,249Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $27,604Net loans & leases
  • $240Loan loss allowance
  • $0Trading account assets
  • $2,452Bank premises and fixed assets
  • $314Other real estate owned
  • $297Goodwill and other intangibles
  • $42,109Life insurance assets
  • $438All other assets
  • $34,693Total liabilities and capital
  • $30,725Total liabilities
  • $29,117Total deposits
  • $30,725Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,800Trading liabilities
  • $0Other borrowed funds
  • $168Subordinated debt
  • $7,416All other liabilities
  • $7,416Total equity capital
  • $7,416Total bank equity capital
  • $0Perpetual preferred stock
  • $529Common stock
  • $4,697Surplus
  • $2,190Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $151Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $76Long-term assets (5+ years)
  • $37,853Average Assets, year-to-date
  • $4,282Average Assets, quarterly
  • $41,353Volatile liabilities
  • $41,483Insider loans
  • $28,849FHLB advances
  • $41,694Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,386Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,038Restructured Loans and leases
  • $1,638Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,486Total interest income
  • $497Total interest expense
  • $989Net interest income
  • $0Provision for loan and lease losses
  • $428Total noninterest income
  • $0Fiduciary activities
  • $3Service charges on deposit accounts
  • $0Trading account gains & fees
  • $425Additional noninterest income
  • $1,067Total noninterest expense
  • $508Salaries and employee benefits
  • $142Premises and equipment expense
  • $417Additional noninterest expense
  • $350Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $350Income before extraordinary items
  • $0Extraordinary gains - net
  • $350Net income attributable to bank
  • $0Net charge-offs
  • $350Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $174Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.02%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 2.67%Net interest margin
  • 1.16%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 0.85%Pretax return on assets
  • 4.84%Return on equity (ROE)
  • 2.43%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 75,300Assets per employee
  • 5.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.71%Loss allowance to loans
  • 0.86%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.75%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 89.84%Net loans and leases to core deposits
  • 96.10%Equity capital to assets
  • 17.61%Core capital (leverage) ratio
  • 17.71%Tier 1 risk-based capital ratio
  • 25.60%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $41,353Average earning assets
  • $7,234Average equity
  • $36,986Average loans

List of branches

  • 2 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0357156Cottage Savings Bank9813 Montgomery Road, Montgomery, OH 45242April 16, 2001Full Service Brick and Mortar
    1466949Madeira Branch7114 Miami Avenue, Madeira, OH 45243August 06, 2007Full Service Brick and Mortar

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