Jefferson Savings Bank in West Jefferson, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 22, 1998

  • Jefferson Savings Bank in West Jefferson, Ohio (OH)
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Jefferson Savings Bank - Overview

  • General
  • FDIC Certificate #: 29802
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Firstmerit Bank, National Association (#13675)
    Federal Reserve ID: 359173
    Date Established: January 01, 1889
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4110
    FDIC's unique #: 42636
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 10, 1938
    Last Structure Change Effective Date: May 22, 1998
    Last Structure Change Process Date: June 09, 1998
    Last Data Update: June 09, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: One East Main Street, West Jefferson, OH 43162
    County: Madison
    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): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • Financial Summary
  • Total assets: $64.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $63,333Total assets
  • $1,754Cash and due from depository institutions
  • $518Interest-bearing balances
  • $2,314Securities
  • $4,750Federal funds sold & reverse repurchase agreements
  • $51,539Net loans & leases
  • $475Loan loss allowance
  • $0Trading account assets
  • $625Bank premises and fixed assets
  • $0Other real estate owned
  • $948Goodwill and other intangibles
  • $0Life insurance assets
  • $1,403All other assets
  • $63,333Total liabilities and capital
  • $55,399Total liabilities
  • $54,345Total deposits
  • $52,660Interest-bearing deposits
  • $54,345Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,054All other liabilities
  • $7,934Total equity capital
  • $7,934Total bank equity capital
  • $7,934Perpetual preferred stock
  • $0Common stock
  • $354Surplus
  • $8,335Undivided profits
  • Memoranda
  • $-755Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,086Earning assets
  • $0Long-term assets (5+ years)
  • $274Average Assets, year-to-date
  • $59,121Average Assets, quarterly
  • $0Volatile liabilities
  • $62,083Insider loans
  • $62,442FHLB advances
  • $1,737Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,970Total unused commitments
  • $0Restructured Loans and leases
  • $39,313Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $4,891Total interest income
  • $2,933Total interest expense
  • $1,958Net interest income
  • $206Provision for loan and lease losses
  • $391Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $391Additional noninterest income
  • $1,775Total noninterest expense
  • $677Salaries and employee benefits
  • $296Premises and equipment expense
  • $802Additional noninterest expense
  • $368Pre-tax net operating income
  • $66Securities gains (losses)
  • $162Applicable income taxes
  • $272Income before extraordinary items
  • $0Extraordinary gains - net
  • $272Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $26Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.42%Yield on earning assets
  • 5.05%Cost of funding earning assets
  • 3.37%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.06%Noninterest expense to earning assets
  • 0.37%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.70%Pretax return on assets
  • 3.77%Return on equity (ROE)
  • 3.77%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 792.31%Credit loss provision to net charge-offs
  • 22.08%Efficiency ratio
  • 73,819Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.91%Loss allowance to noncurrent loans
  • 43.74%Noncurrent assets plus other real estate owned to assets
  • 1.71%Noncurrent loans to loans
  • 2.09%Net loans and leases to deposits
  • 94.84%Net loans and leases to core deposits
  • 97.97%Equity capital to assets
  • 12.53%Core capital (leverage) ratio
  • 11.20%Tier 1 risk-based capital ratio
  • 17.77%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $62,083Average earning assets
  • $7,215Average equity
  • $58,063Average loans

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