FDIC Certificate #: 28749 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Commercial and Savings Bank of Millersburg, Ohio (#9139) Federal Reserve ID: 385976 Date Established: January 01, 1923 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 2286 FDIC's unique #: 41583 Numeric code: 41 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: November 17, 1938 Last Structure Change Effective Date: November 01, 2008 Last Structure Change Process Date: December 03, 2008 Last Data Update: December 03, 2008 Data Source Date: April 05, 2012
Location
Address: 100 South Walnut St, Gnadenhutten, OH 44629 County: Tuscarawas 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 Core Based Statistical Area (CBSA): New Philadelphia-Dover, OH (#35420) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $83.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
24Total employees (full-time equivalent)
$95,584Total assets
$5,471Cash and due from depository institutions
$4,664Interest-bearing balances
$15,556Securities
$0Federal funds sold & reverse repurchase agreements
$66,686Net loans & leases
$976Loan loss allowance
$0Trading account assets
$1,730Bank premises and fixed assets
$375Other real estate owned
$66Goodwill and other intangibles
$2,648Life insurance assets
$5,700All other assets
$95,584Total liabilities and capital
$87,876Total liabilities
$64,568Total deposits
$62,941Interest-bearing deposits
$64,568Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$22,745Other borrowed funds
$0Subordinated debt
$563All other liabilities
$7,708Total equity capital
$7,708Total bank equity capital
$7,708Perpetual preferred stock
$0Common stock
$1Surplus
$2,288Undivided profits
Memoranda
$5,419Noncurrent loans and leases
$4,944Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,363Earning assets
$0Long-term assets (5+ years)
$425Average Assets, year-to-date
$86,906Average Assets, quarterly
$43,547Volatile liabilities
$101,059Insider loans
$96,575FHLB advances
$21,272Loans and leases held for sale
$550Unused loan commitments
$22,745Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,944Total unused commitments
$0Restructured Loans and leases
$742Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$5,886Total interest income
$3,935Total interest expense
$1,951Net interest income
$546Provision for loan and lease losses
$298Total noninterest income
$0Fiduciary activities
$219Service charges on deposit accounts
$0Trading account gains & fees
$79Additional noninterest income
$2,170Total noninterest expense
$969Salaries and employee benefits
$296Premises and equipment expense
$905Additional noninterest expense
-$467Pre-tax net operating income
-$55Securities gains (losses)
-$148Applicable income taxes
-$374Income before extraordinary items
$0Extraordinary gains - net
-$374Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$369Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.39%Yield on earning assets
4.27%Cost of funding earning assets
2.12%Net interest margin
0.32%Noninterest income to earning assets
2.35%Noninterest expense to earning assets
-0.33%Net operating income to assets
-0.37%Return on assets (ROA)
-0.52%Pretax return on assets
-4.81%Return on equity (ROE)
-4.81%Retained earnings to average equity (YTD only)
0.51%Net charge-offs to loans
147.97%Credit loss provision to net charge-offs
0.21%Efficiency ratio
96,487Assets per employee
3.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.44%Loss allowance to noncurrent loans
41.30%Noncurrent assets plus other real estate owned to assets
2.86%Noncurrent loans to loans
3.49%Net loans and leases to deposits
103.28%Net loans and leases to core deposits
147.22%Equity capital to assets
8.06%Core capital (leverage) ratio
8.23%Tier 1 risk-based capital ratio
13.45%Total risk-based capital ratio
Memoranda
$15Average assets
$101,059Average earning assets
$7,772Average equity
$92,176Average loans
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