FDIC Certificate #: 58198 Status: Active Federal Reserve ID: 3430738 Date Established: November 02, 2006 WWW:http://www.ohiocommercebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 18041 FDIC's unique #: 441892 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: November 02, 2006 Last Structure Change Effective Date: November 14, 2011 Last Structure Change Process Date: November 15, 2011 Last Data Update: November 15, 2011 Data Source Date: April 05, 2012
Location
Address: 24400 Chagrin Boulevard, Suite 100, Beachwood, OH 44122 County: Cuyahoga 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): Cleveland-Lorain-Elyria, OH (#1680) Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28) Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184) Core Based Statistical Area (CBSA): Cleveland-Elyria-Mentor, OH (#17460) CBSA Metro Statistical Area: Cleveland-Elyria-Mentor, OH (#17460)
Financial Summary
Total assets: $110.2 mil Equity capital: $10.8 mil Deposits held in domestic offices: $99.3 mil Return on assets (ROA): 0.67% ($0.7 mil) Quarterly return on assets: 0.87% ($1.0 mil) Return on Equity (ROE): 5.78% ($0.6 mil) Quarterly return on equity: 8.04% ($0.9 mil) Net income: $0.6 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.03% ($1,135.4 mil) Quarterly Pretax return on assets: 1.34% ($1,477.2 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
22Total employees (full-time equivalent)
$110,237Total assets
$30,303Cash and due from depository institutions
$27,359Interest-bearing balances
$4,897Securities
$1,257Federal funds sold & reverse repurchase agreements
$72,053Net loans & leases
$1,122Loan loss allowance
$0Trading account assets
$296Bank premises and fixed assets
$0Other real estate owned
$131Goodwill and other intangibles
$110,237Life insurance assets
$1,300All other assets
$99,439Total liabilities and capital
$99,346Total liabilities
$73,079Total deposits
$99,346Interest-bearing deposits
$79Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$93Subordinated debt
$10,798All other liabilities
$10,798Total equity capital
$10,798Total bank equity capital
$0Perpetual preferred stock
$6,002Common stock
$4,711Surplus
$85Undivided profits
Memoranda
$0Noncurrent loans and leases
$4,983Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,556Income earned, not collected on loans
$193Earning assets
$281Long-term assets (5+ years)
$105,566Average Assets, year-to-date
$15,781Average Assets, quarterly
$90,752Volatile liabilities
$99,288Insider loans
$71,846FHLB advances
$97,935Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,753Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$29,184Restructured Loans and leases
$2,760Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,792Total interest income
$474Total interest expense
$3,318Net interest income
$457Provision for loan and lease losses
$588Total noninterest income
$0Fiduciary activities
$71Service charges on deposit accounts
$0Trading account gains & fees
$517Additional noninterest income
$2,518Total noninterest expense
$1,378Salaries and employee benefits
$230Premises and equipment expense
$910Additional noninterest expense
$931Pre-tax net operating income
$0Securities gains (losses)
$324Applicable income taxes
$607Income before extraordinary items
$0Extraordinary gains - net
$607Net income attributable to bank
$0Net charge-offs
$607Cash dividends
$341Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.34%Yield on earning assets
0.54%Cost of funding earning assets
3.79%Net interest margin
0.67%Noninterest income to earning assets
2.88%Noninterest expense to earning assets
0.67%Net operating income to assets
0.67%Return on assets (ROA)
1.03%Pretax return on assets
5.78%Return on equity (ROE)
5.78%Retained earnings to average equity (YTD only)
0.51%Net charge-offs to loans
134.02%Credit loss provision to net charge-offs
4.07%Efficiency ratio
64,465Assets per employee
5.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.53%Loss allowance to noncurrent loans
72.11%Noncurrent assets plus other real estate owned to assets
1.41%Noncurrent loans to loans
2.13%Net loans and leases to deposits
72.53%Net loans and leases to core deposits
90.58%Equity capital to assets
9.80%Core capital (leverage) ratio
10.98%Tier 1 risk-based capital ratio
14.97%Total risk-based capital ratio
Memoranda
$16Average assets
$90,752Average earning assets
$10,497Average equity
$87,457Average loans
List of branches
1 Ohio Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
441892
Ohio Commerce Bank
24400 Chagrin Boulevard, Suite 100, Beachwood, OH 44122
November 02, 2006
Full Service Brick and Mortar
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