Mayflower Federal Savings Bank in Cincinnati, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 11, 1997

  • Mayflower Federal Savings Bank in Cincinnati, Ohio (OH)
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Mayflower Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 27650
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Cornerstone Bank (#27691)
    Federal Reserve ID: 773274
    Date Established: January 01, 1883
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 13624
    FDIC's unique #: 40484
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: September 14, 1936
    Last Structure Change Effective Date: August 11, 1997
    Last Structure Change Process Date: September 16, 1997
    Last Data Update: September 16, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 8370 Colerain Avenue, Cincinnati, OH 45239
    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)
  • Financial Summary
  • Total assets: $70.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $11Total assets
  • $68,693Cash and due from depository institutions
  • $970Interest-bearing balances
  • $701Securities
  • $15,786Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $47,018Loan loss allowance
  • $331Trading account assets
  • $0Bank premises and fixed assets
  • $535Other real estate owned
  • $56Goodwill and other intangibles
  • $1,171Life insurance assets
  • $3,157All other assets
  • $0Total liabilities and capital
  • $68,693Total liabilities
  • $58,870Total deposits
  • $44,114Interest-bearing deposits
  • $43,418Deposits held in domestic offices
  • 44114.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $14,366Subordinated debt
  • $0All other liabilities
  • $390Total equity capital
  • $390Total bank equity capital
  • $9,823Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $6,092Undivided profits
  • Memoranda
  • $3,731Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $193Income earned, not collected on loans
  • $221Earning assets
  • $63,505Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $59,101Average Assets, quarterly
  • $67,060Volatile liabilities
  • $18,229Insider loans
  • $71FHLB advances
  • $14,366Loans and leases held for sale
  • $0Unused loan commitments
  • $424Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,714Total risk weighted assets
  • $36,851Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,187Total interest expense
  • $2,538Net interest income
  • $1,649Provision for loan and lease losses
  • $0Total noninterest income
  • $110Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $110Total noninterest expense
  • $1,524Salaries and employee benefits
  • $539Premises and equipment expense
  • $126Additional noninterest expense
  • $859Pre-tax net operating income
  • $235Securities gains (losses)
  • $27Applicable income taxes
  • $162Income before extraordinary items
  • $100Extraordinary gains - net
  • $0Net income attributable to bank
  • $100Net charge-offs
  • $30Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.66%Cost of funding earning assets
  • 4.64%Net interest margin
  • 3.02%Noninterest income to earning assets
  • 0.20%Noninterest expense to earning assets
  • 2.79%Net operating income to assets
  • 0.14%Return on assets (ROA)
  • 0.17%Pretax return on assets
  • 0.44%Return on equity (ROE)
  • 1.10%Retained earnings to average equity (YTD only)
  • 1.10%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 74,360Assets per employee
  • 6.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 164.77%Noncurrent assets plus other real estate owned to assets
  • 0.36%Noncurrent loans to loans
  • 0.41%Net loans and leases to deposits
  • 106.58%Net loans and leases to core deposits
  • 116.81%Equity capital to assets
  • 14.30%Core capital (leverage) ratio
  • 10.24%Tier 1 risk-based capital ratio
  • 18.22%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $59,101Average earning assets
  • $9,101Average equity
  • $54,679Average loans

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