FDIC Certificate #: 30670 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Federal Savings Bank of Ironton (#29468) Federal Reserve ID: 422273 Date Established: January 01, 1896 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 5718 FDIC's unique #: 43504 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: August 10, 1954 Last Structure Change Effective Date: October 05, 2002 Last Structure Change Process Date: November 25, 2002 Last Data Update: November 25, 2002 Data Source Date: April 05, 2012
Location
Address: 420 Park Ave, Ironton, OH 45638 County: Lawrence 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): Huntington-Ashland, WV-KY-OH (#3400) Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580) CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580)
Financial Summary
Total assets: $8.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
4Total employees (full-time equivalent)
$9,119Total assets
$3,013Cash and due from depository institutions
$2,832Interest-bearing balances
$458Securities
$0Federal funds sold & reverse repurchase agreements
$5,036Net loans & leases
$73Loan loss allowance
$0Trading account assets
$159Bank premises and fixed assets
$163Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$290All other assets
$9,119Total liabilities and capital
$8,642Total liabilities
$8,201Total deposits
$7,778Interest-bearing deposits
$8,201Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$400Other borrowed funds
$0Subordinated debt
$41All other liabilities
$477Total equity capital
$477Total bank equity capital
$477Perpetual preferred stock
$175Common stock
$77Surplus
$103Undivided profits
Memoranda
$122Noncurrent loans and leases
$833Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$170Earning assets
$0Long-term assets (5+ years)
$32Average Assets, year-to-date
$8,326Average Assets, quarterly
$0Volatile liabilities
$9,524Insider loans
$9,254FHLB advances
$1,113Loans and leases held for sale
$194Unused loan commitments
$400Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$833Total unused commitments
$150Restructured Loans and leases
$8Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$630Total interest income
$381Total interest expense
$249Net interest income
$10Provision for loan and lease losses
$105Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$105Additional noninterest income
$379Total noninterest expense
$155Salaries and employee benefits
$115Premises and equipment expense
$109Additional noninterest expense
-$35Pre-tax net operating income
$0Securities gains (losses)
$4Applicable income taxes
-$39Income before extraordinary items
$17Extraordinary gains - net
-$22Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$28Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.11%Yield on earning assets
4.30%Cost of funding earning assets
2.81%Net interest margin
1.18%Noninterest income to earning assets
4.27%Noninterest expense to earning assets
-0.41%Net operating income to assets
-0.23%Return on assets (ROA)
-0.19%Pretax return on assets
-4.43%Return on equity (ROE)
-4.43%Retained earnings to average equity (YTD only)
0.49%Net charge-offs to loans
35.71%Credit loss provision to net charge-offs
-0.89%Efficiency ratio
107,062Assets per employee
2.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.43%Loss allowance to noncurrent loans
42.94%Noncurrent assets plus other real estate owned to assets
3.65%Noncurrent loans to loans
3.33%Net loans and leases to deposits
61.41%Net loans and leases to core deposits
67.25%Equity capital to assets
5.23%Core capital (leverage) ratio
5.23%Tier 1 risk-based capital ratio
9.15%Total risk-based capital ratio
Memoranda
$9Average assets
$9,524Average earning assets
$497Average equity
$8,866Average loans
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