FDIC Certificate #: 34779 Status: Inactive Federal Reserve ID: 2742667 Date Established: August 01, 1998 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 61552 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: August 01, 1998 Last Structure Change Effective Date: December 12, 2003 Last Structure Change Process Date: January 30, 2004 Last Data Update: January 30, 2004 Data Source Date: April 05, 2012
Location
Address: 126 North Main Street, Suite 2a, 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)
History of Changes
Other Liquidations and Closings
Financial Summary
Total assets: $4.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
8Total employees (full-time equivalent)
$5,219Total assets
$42Cash and due from depository institutions
$0Interest-bearing balances
$4,338Securities
$0Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$839All other assets
$5,219Total liabilities and capital
$1,077Total liabilities
$500Total deposits
$500Interest-bearing deposits
$500Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$577All other liabilities
$4,142Total equity capital
$4,142Total bank equity capital
$4,142Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,050Undivided profits
Memoranda
$2,092Noncurrent loans and leases
$3,003,664Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$4,338Average Assets, quarterly
$0Volatile liabilities
$5,424Insider loans
$4,935FHLB advances
$500Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,003,664Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$64Total interest income
$13Total interest expense
$51Net interest income
$0Provision for loan and lease losses
$4,979Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$4,979Additional noninterest income
$3,571Total noninterest expense
$157Salaries and employee benefits
$0Premises and equipment expense
$3,414Additional noninterest expense
$1,459Pre-tax net operating income
$0Securities gains (losses)
$511Applicable income taxes
$948Income before extraordinary items
$0Extraordinary gains - net
$948Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$1,446Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.35%Yield on earning assets
0.27%Cost of funding earning assets
1.08%Net interest margin
104.99%Noninterest income to earning assets
75.30%Noninterest expense to earning assets
17.48%Net operating income to assets
17.48%Return on assets (ROA)
26.90%Pretax return on assets
21.13%Return on equity (ROE)
-11.10%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
70,994Assets per employee
0.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
152.53%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
79.36%Core capital (leverage) ratio
85.56%Tier 1 risk-based capital ratio
489.02%Total risk-based capital ratio
Memoranda
$489Average assets
$5,424Average earning assets
$4,487Average equity
$4,742Average loans
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