FDIC Certificate #: 27863 Status: Inactive Closing history: Office Sold Acquiring institution:Fort Washington Savings Company (#57677) Federal Reserve ID: 645371 Date Established: January 01, 1892 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 423 FDIC's unique #: 40697 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: January 12, 1954 Last Structure Change Effective Date: July 25, 2003 Last Structure Change Process Date: August 04, 2003 Last Data Update: August 04, 2003 Data Source Date: April 05, 2012
Location
Address: 7711 Montgomery Road, Cincinnati, OH 45236 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
Merger - Without Assistance
Office Sold
Financial Summary
Total assets: $72.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$67,056Total assets
$34,746Cash and due from depository institutions
$32,601Interest-bearing balances
$31Securities
$0Federal funds sold & reverse repurchase agreements
$29,605Net loans & leases
$223Loan loss allowance
$0Trading account assets
$1,600Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,074All other assets
$67,056Total liabilities and capital
$61,903Total liabilities
$59,196Total deposits
$58,970Interest-bearing deposits
$59,196Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,500Other borrowed funds
$0Subordinated debt
$207All other liabilities
$5,153Total equity capital
$5,153Total bank equity capital
$5,153Perpetual preferred stock
$0Common stock
$0Surplus
$2,390Undivided profits
Memoranda
$2,763Noncurrent loans and leases
$973Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$983Earning assets
$0Long-term assets (5+ years)
$134Average Assets, year-to-date
$62,237Average Assets, quarterly
$0Volatile liabilities
$61,072Insider loans
$64,251FHLB advances
$12,136Loans and leases held for sale
$0Unused loan commitments
$2,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$973Total unused commitments
$0Restructured Loans and leases
$223Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$3,075Total interest income
$1,947Total interest expense
$1,128Net interest income
$0Provision for loan and lease losses
$104Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$104Additional noninterest income
$1,665Total noninterest expense
$1,018Salaries and employee benefits
$306Premises and equipment expense
$341Additional noninterest expense
-$433Pre-tax net operating income
$44Securities gains (losses)
-$138Applicable income taxes
-$251Income before extraordinary items
$0Extraordinary gains - net
-$251Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$53Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.42%Yield on earning assets
3.43%Cost of funding earning assets
1.99%Net interest margin
0.18%Noninterest income to earning assets
2.93%Noninterest expense to earning assets
-0.46%Net operating income to assets
-0.41%Return on assets (ROA)
-0.64%Pretax return on assets
-5.42%Return on equity (ROE)
-5.42%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
-8.17%Efficiency ratio
135,146Assets per employee
6.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.75%Loss allowance to noncurrent loans
22.69%Noncurrent assets plus other real estate owned to assets
1.47%Noncurrent loans to loans
3.30%Net loans and leases to deposits
50.01%Net loans and leases to core deposits
59.74%Equity capital to assets
7.68%Core capital (leverage) ratio
7.66%Tier 1 risk-based capital ratio
18.73%Total risk-based capital ratio
Memoranda
$20Average assets
$61,072Average earning assets
$4,630Average equity
$56,741Average loans
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