FDIC Certificate #: 27878 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Sky Bank-Mid AM Region (#17075) Federal Reserve ID: 608974 Date Established: January 01, 1923 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 459 FDIC's unique #: 40712 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: April 06, 1937 Last Structure Change Effective Date: July 17, 1999 Last Structure Change Process Date: August 11, 1999 Last Data Update: August 11, 1999 Data Source Date: April 05, 2012
Location
Address: 124 East Court Street, Bowling Green, OH 43402 County: Wood 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): Toledo, OH (#8400) Combined Statistical Area (CSA): Toledo-Fremont, OH (#534) Core Based Statistical Area (CBSA): Toledo, OH (#45780) CBSA Metro Statistical Area: Toledo, OH (#45780)
Financial Summary
Total assets: $161.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
49Total employees (full-time equivalent)
$169,878Total assets
$10,359Cash and due from depository institutions
$8,983Interest-bearing balances
$15,747Securities
$1,912Federal funds sold & reverse repurchase agreements
$136,088Net loans & leases
$658Loan loss allowance
$0Trading account assets
$2,646Bank premises and fixed assets
$30Other real estate owned
$613Goodwill and other intangibles
$0Life insurance assets
$2,483All other assets
$169,878Total liabilities and capital
$154,283Total liabilities
$140,664Total deposits
$133,151Interest-bearing deposits
$140,664Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$11,936Other borrowed funds
$0Subordinated debt
$1,683All other liabilities
$15,595Total equity capital
$15,595Total bank equity capital
$15,595Perpetual preferred stock
$0Common stock
$11Surplus
$6,187Undivided profits
Memoranda
$9,397Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$286Earning assets
$0Long-term assets (5+ years)
$703Average Assets, year-to-date
$162,730Average Assets, quarterly
$0Volatile liabilities
$164,733Insider loans
$166,899FHLB advances
$32,909Loans and leases held for sale
$765Unused loan commitments
$11,515Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,352Total unused commitments
$0Restructured Loans and leases
$107,962Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$13,111Total interest income
$6,371Total interest expense
$6,740Net interest income
$120Provision for loan and lease losses
$805Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$805Additional noninterest income
$4,265Total noninterest expense
$2,581Salaries and employee benefits
$801Premises and equipment expense
$883Additional noninterest expense
$3,160Pre-tax net operating income
$956Securities gains (losses)
$1,664Applicable income taxes
$2,452Income before extraordinary items
$0Extraordinary gains - net
$2,452Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$24Sale, conversion, retirement of capital stock, net
$3,000Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.39%Yield on earning assets
4.08%Cost of funding earning assets
4.31%Net interest margin
0.52%Noninterest income to earning assets
2.73%Noninterest expense to earning assets
1.12%Net operating income to assets
1.49%Return on assets (ROA)
2.50%Pretax return on assets
16.11%Return on equity (ROE)
-3.60%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
500.00%Credit loss provision to net charge-offs
136.67%Efficiency ratio
56,528Assets per employee
3.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
122.35%Loss allowance to loans
0.48%Loss allowance to noncurrent loans
230.07%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.21%Net loans and leases to deposits
96.75%Net loans and leases to core deposits
113.70%Equity capital to assets
9.18%Core capital (leverage) ratio
9.12%Tier 1 risk-based capital ratio
14.34%Total risk-based capital ratio
Memoranda
$15Average assets
$164,733Average earning assets
$15,224Average equity
$156,302Average loans
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