Ohio River Bank in Ironton, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


Ohio River Bank - Overview

  • General
  • FDIC Certificate #: 34017
    Status: Active
    Federal Reserve ID: 2304234
    Bank Holding Company (Regulatory Top Holder): Premier Financial Bancorp, Inc. (RSSDID: 2007647, Location: Huntington, WV)
    Date Established: May 22, 1995
    WWW: http://www.ohioriverbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 14763
    FDIC's unique #: 55595
    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: May 22, 1995
    Last Structure Change Effective Date: January 04, 2012
    Last Structure Change Process Date: January 04, 2012
    Last Data Update: January 04, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 221 Railroad Street, Ironton, OH 45638
    County: Lawrence
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Cincinnati
    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)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $94.6 mil
    Equity capital: $8.6 mil
    Deposits held in domestic offices: $78.1 mil
    Return on assets (ROA): 0.73% ($0.7 mil)
    Quarterly return on assets: 1.41% ($1.3 mil)
    Return on Equity (ROE): 8.45% ($0.8 mil)
    Quarterly return on equity: 15.47% ($1.4 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.10% ($1,040.3 mil)
    Quarterly Pretax return on assets: 2.15% ($2,033.3 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, 2011)

  • Dollar figures in thousands
  • 29Total employees (full-time equivalent)
  • $94,572Total assets
  • $2,379Cash and due from depository institutions
  • $137Interest-bearing balances
  • $29,606Securities
  • $1,881Federal funds sold & reverse repurchase agreements
  • $58,963Net loans & leases
  • $670Loan loss allowance
  • $0Trading account assets
  • $659Bank premises and fixed assets
  • $60Other real estate owned
  • $0Goodwill and other intangibles
  • $94,572Life insurance assets
  • $1,024All other assets
  • $85,973Total liabilities and capital
  • $78,142Total liabilities
  • $65,513Total deposits
  • $78,142Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 7603.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $228Subordinated debt
  • $8,599All other liabilities
  • $8,599Total equity capital
  • $8,599Total bank equity capital
  • $0Perpetual preferred stock
  • $2,000Common stock
  • $2,986Surplus
  • $3,613Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $495Income earned, not collected on loans
  • $0Earning assets
  • $318Long-term assets (5+ years)
  • $90,587Average Assets, year-to-date
  • $19,346Average Assets, quarterly
  • $95,754Volatile liabilities
  • $94,727Insider loans
  • $51,371FHLB advances
  • $94,502Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,141Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,333Restructured Loans and leases
  • $1,120Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,406Total interest income
  • $534Total interest expense
  • $3,872Net interest income
  • $750Provision for loan and lease losses
  • $655Total noninterest income
  • $0Fiduciary activities
  • $413Service charges on deposit accounts
  • $0Trading account gains & fees
  • $242Additional noninterest income
  • $2,722Total noninterest expense
  • $1,092Salaries and employee benefits
  • $240Premises and equipment expense
  • $1,390Additional noninterest expense
  • $1,055Pre-tax net operating income
  • $0Securities gains (losses)
  • $359Applicable income taxes
  • $696Income before extraordinary items
  • $0Extraordinary gains - net
  • $696Net income attributable to bank
  • $0Net charge-offs
  • $696Cash dividends
  • $685Sale, conversion, retirement of capital stock, net
  • $490Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.81%Yield on earning assets
  • 0.58%Cost of funding earning assets
  • 4.23%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 2.97%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 1.10%Pretax return on assets
  • 8.45%Return on equity (ROE)
  • 2.50%Retained earnings to average equity (YTD only)
  • 1.13%Net charge-offs to loans
  • 109.49%Credit loss provision to net charge-offs
  • 2.64%Efficiency ratio
  • 60,128Assets per employee
  • 3.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.40%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 135.35%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 0.83%Net loans and leases to deposits
  • 75.46%Net loans and leases to core deposits
  • 82.64%Equity capital to assets
  • 9.09%Core capital (leverage) ratio
  • 8.61%Tier 1 risk-based capital ratio
  • 15.85%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $95,754Average earning assets
  • $8,240Average equity
  • $91,598Average loans

List of branches

  • 3 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    055595Ohio River Bank221 Railroad Street, Ironton, OH 45638May 22, 1995Full Service Brick and Mortar
    1290308South Webster Branch110 North Jackson Street, South Webster, OH 45682July 06, 1998Full Service Brick and Mortar
    2290309Rome Branch7604 County Road 107 Unit A, Proctorville, OH 45669Febuary 08, 1999Full Service Brick and Mortar

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