FDIC Certificate #: 28000 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Advantage Bank (#27642) Federal Reserve ID: 911375 Date Established: January 01, 1922 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 711 FDIC's unique #: 40834 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: May 24, 1939 Last Structure Change Effective Date: June 01, 2001 Last Structure Change Process Date: June 08, 2001 Last Data Update: June 08, 2001 Data Source Date: April 05, 2012
Location
Address: 134 East Court Street, Washington Court House, OH 43160 County: Fayette 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 Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198) Core Based Statistical Area (CBSA): Washington Court House, OH (#47920) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $208.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
49Total employees (full-time equivalent)
$209,135Total assets
$3,516Cash and due from depository institutions
$415Interest-bearing balances
$5,611Securities
$0Federal funds sold & reverse repurchase agreements
$189,465Net loans & leases
$448Loan loss allowance
$0Trading account assets
$2,733Bank premises and fixed assets
$72Other real estate owned
$1,182Goodwill and other intangibles
$0Life insurance assets
$6,556All other assets
$209,135Total liabilities and capital
$197,121Total liabilities
$119,331Total deposits
$117,182Interest-bearing deposits
$119,331Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$76,159Other borrowed funds
$0Subordinated debt
$1,631All other liabilities
$12,014Total equity capital
$12,014Total bank equity capital
$12,014Perpetual preferred stock
$0Common stock
$180Surplus
$4,451Undivided profits
Memoranda
$7,383Noncurrent loans and leases
$23,747Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,874Earning assets
$0Long-term assets (5+ years)
$1,262Average Assets, year-to-date
$195,491Average Assets, quarterly
$0Volatile liabilities
$201,621Insider loans
$208,098FHLB advances
$91,990Loans and leases held for sale
$233Unused loan commitments
$76,159Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$23,747Total unused commitments
$0Restructured Loans and leases
$448Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$14,501Total interest income
$9,966Total interest expense
$4,535Net interest income
$40Provision for loan and lease losses
$896Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$896Additional noninterest income
$3,918Total noninterest expense
$1,839Salaries and employee benefits
$1,023Premises and equipment expense
$1,056Additional noninterest expense
$1,473Pre-tax net operating income
$447Securities gains (losses)
$646Applicable income taxes
$1,274Income before extraordinary items
$0Extraordinary gains - net
$1,274Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$20Sale, conversion, retirement of capital stock, net
$1,000Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.71%Yield on earning assets
5.30%Cost of funding earning assets
2.41%Net interest margin
0.48%Noninterest income to earning assets
2.08%Noninterest expense to earning assets
0.49%Net operating income to assets
0.63%Return on assets (ROA)
0.95%Pretax return on assets
10.93%Return on equity (ROE)
2.35%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
200.00%Credit loss provision to net charge-offs
75.65%Efficiency ratio
72,141Assets per employee
4.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
78.49%Loss allowance to loans
0.24%Loss allowance to noncurrent loans
23.91%Noncurrent assets plus other real estate owned to assets
0.93%Noncurrent loans to loans
0.99%Net loans and leases to deposits
158.77%Net loans and leases to core deposits
183.06%Equity capital to assets
5.74%Core capital (leverage) ratio
5.70%Tier 1 risk-based capital ratio
10.21%Total risk-based capital ratio
Memoranda
$11Average assets
$201,621Average earning assets
$11,659Average equity
$188,182Average loans
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