Foundation Bank in Cincinnati, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Foundation Bank in Cincinnati, Ohio (OH)
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Foundation Bank - Overview

  • General
  • FDIC Certificate #: 28724
    Status: Active
    Federal Reserve ID: 444471
    Date Established: January 01, 1888
    WWW: http://www.foundationbankus.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 2230
    FDIC's unique #: 41558
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 24, 1950
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 25 Garfield Place, Cincinnati, OH 45202
    County: Hamilton
    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)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $201.8 mil
    Equity capital: $27.2 mil
    Deposits held in domestic offices: $141.7 mil
    Return on assets (ROA): 1.13% ($2.3 mil)
    Quarterly return on assets: 1.19% ($2.4 mil)
    Return on Equity (ROE): 7.86% ($2.1 mil)
    Quarterly return on equity: 8.42% ($2.3 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.13% ($2,280.8 mil)
    Quarterly Pretax return on assets: 1.19% ($2,401.9 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, 2011)

  • Dollar figures in thousands
  • 31Total employees (full-time equivalent)
  • $201,841Total assets
  • $13,740Cash and due from depository institutions
  • $6,099Interest-bearing balances
  • $381Securities
  • $19Federal funds sold & reverse repurchase agreements
  • $178,088Net loans & leases
  • $1,642Loan loss allowance
  • $0Trading account assets
  • $146Bank premises and fixed assets
  • $0Other real estate owned
  • $5,187Goodwill and other intangibles
  • $201,841Life insurance assets
  • $4,280All other assets
  • $174,617Total liabilities and capital
  • $141,650Total liabilities
  • $133,319Total deposits
  • $141,650Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $31,000Trading liabilities
  • $1,500Other borrowed funds
  • $467Subordinated debt
  • $27,224All other liabilities
  • $27,224Total equity capital
  • $27,224Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $10,073Surplus
  • $17,151Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,171Income earned, not collected on loans
  • $0Earning assets
  • $690Long-term assets (5+ years)
  • $184,587Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $182,508Volatile liabilities
  • $191,223Insider loans
  • $144,005FHLB advances
  • $196,981Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,364Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,575Restructured Loans and leases
  • $544Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,782Total interest income
  • $2,591Total interest expense
  • $6,191Net interest income
  • $550Provision for loan and lease losses
  • $398Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $398Additional noninterest income
  • $3,983Total noninterest expense
  • $2,191Salaries and employee benefits
  • $788Premises and equipment expense
  • $1,004Additional noninterest expense
  • $2,056Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $2,056Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,056Net income attributable to bank
  • $0Net charge-offs
  • $2,056Cash dividends
  • $369Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.36%Yield on earning assets
  • 1.58%Cost of funding earning assets
  • 3.78%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 2.43%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 7.86%Return on equity (ROE)
  • 7.86%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 149.05%Credit loss provision to net charge-offs
  • 7.06%Efficiency ratio
  • 58,507Assets per employee
  • 6.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.91%Loss allowance to noncurrent loans
  • 75.63%Noncurrent assets plus other real estate owned to assets
  • 1.08%Noncurrent loans to loans
  • 1.21%Net loans and leases to deposits
  • 125.72%Net loans and leases to core deposits
  • 131.62%Equity capital to assets
  • 13.49%Core capital (leverage) ratio
  • 11.35%Tier 1 risk-based capital ratio
  • 15.53%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $182,508Average earning assets
  • $26,155Average equity
  • $163,976Average loans

List of branches

  • 5 Ohio Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    041558Foundation Bank25 Garfield Place, Cincinnati, OH 45202January 01, 1888Full Service Brick and Mortar
    141457Woodlawn Branch9960 Springfield Pike, Cincinnati, OH 45215January 01, 1882Full Service Brick and Mortar
    240636Norwood Branch4730 Montgomery Road, Norwood, OH 45212January 01, 1887Full Service Brick and Mortar
    3263479Hyde Park Branch3521 Erie Avenue, Cincinnati, OH 45208October 01, 1997Full Service Brick and Mortar
    540642Milford Branch954 State Route 28, Milford, OH 45150January 01, 1916Full Service Brick and Mortar

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