Fort Washington Savings Company in Cincinnati, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Fort Washington Savings Company in Cincinnati, Ohio (OH)
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Fort Washington Savings Company - Overview

  • General
  • FDIC Certificate #: 57677
    Status: Active
    Federal Reserve ID: 3202337
    Date Established: July 25, 2003
    WWW: http://www.fwsavings.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Interstate: No)
    OTS Docket #: 17962
    FDIC's unique #: 419507
    Numeric code: 35
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 25, 2003
    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: 400 Broadway Street, Cincinnati, OH 45202
    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

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, 2010)

  • Dollar figures in thousands
  • 4Total employees (full-time equivalent)
  • $107,159Total assets
  • $10,683Cash and due from depository institutions
  • $10,049Interest-bearing balances
  • $65,664Securities
  • $2,339Federal funds sold & reverse repurchase agreements
  • $27,232Net loans & leases
  • $90Loan loss allowance
  • $0Trading account assets
  • $4Bank premises and fixed assets
  • $0Other real estate owned
  • $130Goodwill and other intangibles
  • $0Life insurance assets
  • $1,107All other assets
  • $107,159Total liabilities and capital
  • $97,187Total liabilities
  • $96,969Total deposits
  • $96,815Interest-bearing deposits
  • $96,969Deposits held in domestic offices
  • 98.29%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $110Other borrowed funds
  • $0Subordinated debt
  • $108All other liabilities
  • $9,972Total equity capital
  • $9,972Total bank equity capital
  • $9,972Perpetual preferred stock
  • $0Common stock
  • $1,950Surplus
  • $7,050Undivided profits
  • Memoranda
  • $972Noncurrent loans and leases
  • $751Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $695Earning assets
  • $0Long-term assets (5+ years)
  • $397Average Assets, year-to-date
  • $105,284Average Assets, quarterly
  • $0Volatile liabilities
  • $103,810Insider loans
  • $106,969FHLB advances
  • $6,668Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $751Total unused commitments
  • $357Restructured Loans and leases
  • $90Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $2,926Total interest income
  • $927Total interest expense
  • $1,999Net interest income
  • $161Provision for loan and lease losses
  • -$5Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$5Additional noninterest income
  • $3,794Total noninterest expense
  • $491Salaries and employee benefits
  • $479Premises and equipment expense
  • $2,824Additional noninterest expense
  • -$1,961Pre-tax net operating income
  • $26Securities gains (losses)
  • -$676Applicable income taxes
  • -$1,259Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,259Net income attributable to bank
  • $0Net charge-offs
  • -$1,259Cash dividends
  • $71Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.91%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 1.99%Net interest margin
  • -0.00%Noninterest income to earning assets
  • 3.78%Noninterest expense to earning assets
  • -1.23%Net operating income to assets
  • -1.21%Return on assets (ROA)
  • -1.86%Pretax return on assets
  • -11.46%Return on equity (ROE)
  • -11.46%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 226.76%Credit loss provision to net charge-offs
  • -25.35%Efficiency ratio
  • 90,722Assets per employee
  • 26.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.33%Loss allowance to noncurrent loans
  • 12.95%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 2.54%Net loans and leases to deposits
  • 28.08%Net loans and leases to core deposits
  • 30.12%Equity capital to assets
  • 9.31%Core capital (leverage) ratio
  • 8.79%Tier 1 risk-based capital ratio
  • 29.11%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $103,810Average earning assets
  • $10,985Average equity
  • $100,399Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $178Managed Assets
  • 1Number of Accounts
  • $178Personal trust and agency accounts
  • $178Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Ohio Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0419507Fort Washington Savings Company400 Broadway Street, Cincinnati, OH 45202July 25, 2003Full Service Brick and Mortar

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