Emerald Bank in Dublin, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


Emerald Bank - Overview

  • General
  • FDIC Certificate #: 57550
    Status: Active
    Federal Reserve ID: 3269974
    Bank Holding Company (Regulatory Top Holder): Middlefield Banc Corp (RSSDID: 1398740, Location: Middlefield, OH)
    Date Established: June 01, 2004
    WWW: http://www.emeraldbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 365459
    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: June 01, 2004
    Last Structure Change Effective Date: November 07, 2008
    Last Structure Change Process Date: September 01, 2009
    Last Data Update: September 01, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 6215 Perimeter Drive, Dublin, OH 43017
    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
  • Office Purchased
  • Financial Summary
  • Total assets: $77.8 mil
    Equity capital: $11.1 mil
    Deposits held in domestic offices: $62.9 mil
    Return on assets (ROA): -0.51% (-$0.4 mil)
    Quarterly return on assets: -0.38% (-$0.3 mil)
    Return on Equity (ROE): -3.74% (-$0.4 mil)
    Quarterly return on equity: -2.66% (-$0.3 mil)
    Net income: -$0.4 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -0.78% (-$606.9 mil)
    Quarterly Pretax return on assets: -0.57% (-$443.5 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
  • 11Total employees (full-time equivalent)
  • $77,803Total assets
  • $1,354Cash and due from depository institutions
  • $1,012Interest-bearing balances
  • $8,377Securities
  • $11,680Federal funds sold & reverse repurchase agreements
  • $50,183Net loans & leases
  • $2,103Loan loss allowance
  • $0Trading account assets
  • $554Bank premises and fixed assets
  • $553Other real estate owned
  • $2,661Goodwill and other intangibles
  • $77,803Life insurance assets
  • $2,441All other assets
  • $66,666Total liabilities and capital
  • $62,855Total liabilities
  • $57,576Total deposits
  • $62,855Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 1607.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,007Trading liabilities
  • $0Other borrowed funds
  • $197Subordinated debt
  • $11,137All other liabilities
  • $11,137Total equity capital
  • $11,137Total bank equity capital
  • $0Perpetual preferred stock
  • $7,575Common stock
  • $5,250Surplus
  • $-1,688Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,104Income earned, not collected on loans
  • $0Earning assets
  • $170Long-term assets (5+ years)
  • $71,252Average Assets, year-to-date
  • $14,454Average Assets, quarterly
  • $74,900Volatile liabilities
  • $75,878Insider loans
  • $53,976FHLB advances
  • $70,959Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,799Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,152Restructured Loans and leases
  • $295Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,361Total interest income
  • $857Total interest expense
  • $2,504Net interest income
  • $1,030Provision for loan and lease losses
  • $64Total noninterest income
  • $0Fiduciary activities
  • $45Service charges on deposit accounts
  • $0Trading account gains & fees
  • $19Additional noninterest income
  • $2,121Total noninterest expense
  • $733Salaries and employee benefits
  • $292Premises and equipment expense
  • $1,096Additional noninterest expense
  • -$583Pre-tax net operating income
  • $0Securities gains (losses)
  • -$198Applicable income taxes
  • -$385Income before extraordinary items
  • $0Extraordinary gains - net
  • -$385Net income attributable to bank
  • $0Net charge-offs
  • -$385Cash dividends
  • $1,054Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.96%Yield on earning assets
  • 1.26%Cost of funding earning assets
  • 3.69%Net interest margin
  • 0.09%Noninterest income to earning assets
  • 3.13%Noninterest expense to earning assets
  • -0.51%Net operating income to assets
  • -0.51%Return on assets (ROA)
  • -0.78%Pretax return on assets
  • -3.74%Return on equity (ROE)
  • -3.74%Retained earnings to average equity (YTD only)
  • 2.03%Net charge-offs to loans
  • 97.72%Credit loss provision to net charge-offs
  • 0.42%Efficiency ratio
  • 82,593Assets per employee
  • 7.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.02%Loss allowance to noncurrent loans
  • 34.45%Noncurrent assets plus other real estate owned to assets
  • 8.56%Noncurrent loans to loans
  • 11.67%Net loans and leases to deposits
  • 79.84%Net loans and leases to core deposits
  • 83.15%Equity capital to assets
  • 14.31%Core capital (leverage) ratio
  • 9.58%Tier 1 risk-based capital ratio
  • 12.60%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $74,900Average earning assets
  • $10,299Average equity
  • $67,800Average loans

List of branches

  • 2 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0365459Emerald Bank6215 Perimeter Drive, Dublin, OH 43017June 01, 2004Full Service Brick and Mortar
    1359906Westerville Branch17 North State St, Westerville, OH 43081April 16, 2001Full Service Brick and Mortar

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