FDIC Certificate #: 29993 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Park National Bank (#6653) Federal Reserve ID: 910378 Date Established: March 05, 1886 WWW:http://www.firstclermont.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 4499 FDIC's unique #: 42827 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: September 06, 1985 Last Structure Change Effective Date: January 03, 2005 Last Structure Change Process Date: January 27, 2005 Last Data Update: January 27, 2005 Data Source Date: April 05, 2012
Location
Address: 400 Technecenter Drive, Milford, OH 45150 County: Clermont 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): 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)
Financial Summary
Total assets: $185.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
70Total employees (full-time equivalent)
$185,629Total assets
$16,301Cash and due from depository institutions
$14,485Interest-bearing balances
$3,099Securities
$0Federal funds sold & reverse repurchase agreements
$159,922Net loans & leases
$1,849Loan loss allowance
$0Trading account assets
$1,132Bank premises and fixed assets
$251Other real estate owned
$1,298Goodwill and other intangibles
$0Life insurance assets
$3,626All other assets
$185,629Total liabilities and capital
$160,698Total liabilities
$136,350Total deposits
$124,664Interest-bearing deposits
$136,350Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$21,855Other borrowed funds
$0Subordinated debt
$2,493All other liabilities
$24,931Total equity capital
$24,931Total bank equity capital
$24,931Perpetual preferred stock
$0Common stock
$3,500Surplus
$0Undivided profits
Memoranda
$21,431Noncurrent loans and leases
$31,763Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$415Earning assets
$0Long-term assets (5+ years)
$649Average Assets, year-to-date
$177,506Average Assets, quarterly
$0Volatile liabilities
$200,880Insider loans
$198,882FHLB advances
$55,369Loans and leases held for sale
$29Unused loan commitments
$21,855Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$31,763Total unused commitments
$75Restructured Loans and leases
$1,849Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$10,247Total interest income
$2,828Total interest expense
$7,419Net interest income
$463Provision for loan and lease losses
$2,847Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$2,847Additional noninterest income
$8,153Total noninterest expense
$4,521Salaries and employee benefits
$705Premises and equipment expense
$2,927Additional noninterest expense
$1,650Pre-tax net operating income
$167Securities gains (losses)
$848Applicable income taxes
$969Income before extraordinary items
$0Extraordinary gains - net
$969Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$81Sale, conversion, retirement of capital stock, net
$600Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.33%Yield on earning assets
1.47%Cost of funding earning assets
3.86%Net interest margin
1.48%Noninterest income to earning assets
4.24%Noninterest expense to earning assets
0.43%Net operating income to assets
0.48%Return on assets (ROA)
0.90%Pretax return on assets
3.86%Return on equity (ROE)
1.47%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
571.60%Credit loss provision to net charge-offs
26.09%Efficiency ratio
75,580Assets per employee
2.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.92%Loss allowance to loans
1.14%Loss allowance to noncurrent loans
445.54%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
0.26%Net loans and leases to deposits
117.29%Net loans and leases to core deposits
155.51%Equity capital to assets
13.43%Core capital (leverage) ratio
13.37%Tier 1 risk-based capital ratio
15.31%Total risk-based capital ratio
Memoranda
$16Average assets
$200,880Average earning assets
$25,100Average equity
$192,176Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Clermont Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: