Galion Building and Loan Bank in Galion, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Galion Building and Loan Bank in Galion, Ohio (OH)
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Galion Building and Loan Bank - Overview

  • General
  • FDIC Certificate #: 32307
    Status: Active
    Federal Reserve ID: 24378
    Date Established: Febuary 13, 1884
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 8123
    FDIC's unique #: 45141
    Numeric code: 36
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: April 17, 1985
    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: 135 South Market Street, Galion, OH 44833
    County: Crawford
    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): Mansfield, OH (#4800)
    Combined Statistical Area (CSA): Mansfield-Bucyrus, OH (#360)
    Core Based Statistical Area (CBSA): Bucyrus, OH (#15340)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $65.5 mil
    Equity capital: $6.5 mil
    Deposits held in domestic offices: $58.9 mil
    Return on assets (ROA): 0.29% ($0.2 mil)
    Quarterly return on assets: 0.32% ($0.2 mil)
    Return on Equity (ROE): 2.99% ($0.2 mil)
    Quarterly return on equity: 3.23% ($0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.37% ($242.5 mil)
    Quarterly Pretax return on assets: 0.21% ($137.6 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, 2011)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $65,533Total assets
  • $9,414Cash and due from depository institutions
  • $8,775Interest-bearing balances
  • $6,499Securities
  • $410Federal funds sold & reverse repurchase agreements
  • $45,977Net loans & leases
  • $177Loan loss allowance
  • $0Trading account assets
  • $2,048Bank premises and fixed assets
  • $72Other real estate owned
  • $0Goodwill and other intangibles
  • $65,533Life insurance assets
  • $1,113All other assets
  • $59,066Total liabilities and capital
  • $58,880Total liabilities
  • $55,146Total deposits
  • $58,880Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $186Subordinated debt
  • $6,467All other liabilities
  • $6,467Total equity capital
  • $6,467Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $6,467Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $822Income earned, not collected on loans
  • $0Earning assets
  • $251Long-term assets (5+ years)
  • $61,661Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $64,916Volatile liabilities
  • $65,476Insider loans
  • $30,636FHLB advances
  • $65,559Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,493Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,681Restructured Loans and leases
  • $746Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,974Total interest income
  • $869Total interest expense
  • $2,105Net interest income
  • $149Provision for loan and lease losses
  • $179Total noninterest income
  • $0Fiduciary activities
  • $53Service charges on deposit accounts
  • $0Trading account gains & fees
  • $126Additional noninterest income
  • $1,892Total noninterest expense
  • $942Salaries and employee benefits
  • $578Premises and equipment expense
  • $372Additional noninterest expense
  • $243Pre-tax net operating income
  • $0Securities gains (losses)
  • $53Applicable income taxes
  • $190Income before extraordinary items
  • $0Extraordinary gains - net
  • $190Net income attributable to bank
  • $0Net charge-offs
  • $190Cash dividends
  • $198Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.88%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 3.46%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • 0.29%Net operating income to assets
  • 0.29%Return on assets (ROA)
  • 0.37%Pretax return on assets
  • 2.99%Return on equity (ROE)
  • 2.99%Retained earnings to average equity (YTD only)
  • 0.42%Net charge-offs to loans
  • 75.25%Credit loss provision to net charge-offs
  • 1.98%Efficiency ratio
  • 82,837Assets per employee
  • 3.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.38%Loss allowance to noncurrent loans
  • 21.53%Noncurrent assets plus other real estate owned to assets
  • 1.36%Noncurrent loans to loans
  • 1.78%Net loans and leases to deposits
  • 78.09%Net loans and leases to core deposits
  • 78.80%Equity capital to assets
  • 9.87%Core capital (leverage) ratio
  • 9.90%Tier 1 risk-based capital ratio
  • 21.19%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $64,916Average earning assets
  • $6,365Average equity
  • $60,907Average loans

List of branches

  • 2 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    045141Galion Building And Loan Bank135 South Market Street, Galion, OH 44833Febuary 13, 1884Full Service Brick and Mortar
    1464434Bucyrus Road Branch920 Bucyrus Road, Galion, OH 44833December 19, 2001Full Service Brick and Mortar

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