The Baltic State Bank in Baltic, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Baltic State Bank - Overview

  • General
  • FDIC Certificate #: 17759
    Status: Active
    Federal Reserve ID: 112510
    Date Established: January 01, 1902
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 11713
    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: Yes
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: May 08, 1957
    Last Structure Change Effective Date: July 01, 2006
    Last Structure Change Process Date: August 21, 2007
    Last Data Update: August 21, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 East Main Street, Baltic, OH 43804
    County: Tuscarawas
    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
    Core Based Statistical Area (CBSA): New Philadelphia-Dover, OH (#35420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Corrections
    Change in Location
    Name Change
  • Financial Summary
  • Total assets: $45.7 mil
    Equity capital: $4.7 mil
    Deposits held in domestic offices: $37.2 mil
    Return on assets (ROA): 0.49% ($0.2 mil)
    Quarterly return on assets: -0.31% (-$0.1 mil)
    Return on Equity (ROE): 4.68% ($0.2 mil)
    Quarterly return on equity: -2.97% (-$0.1 mil)
    Net income: $0.2 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.49% ($224.1 mil)
    Quarterly Pretax return on assets: -0.31% (-$141.8 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
  • 14Total employees (full-time equivalent)
  • $45,732Total assets
  • $2,137Cash and due from depository institutions
  • $0Interest-bearing balances
  • $8,920Securities
  • $3,876Federal funds sold & reverse repurchase agreements
  • $29,893Net loans & leases
  • $413Loan loss allowance
  • $0Trading account assets
  • $389Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $45,732Life insurance assets
  • $517All other assets
  • $41,079Total liabilities and capital
  • $37,202Total liabilities
  • $29,637Total deposits
  • $37,202Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,796Trading liabilities
  • $0Other borrowed funds
  • $81Subordinated debt
  • $4,653All other liabilities
  • $4,653Total equity capital
  • $4,653Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $400Surplus
  • $3,953Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $132Long-term assets (5+ years)
  • $42,689Average Assets, year-to-date
  • $15,717Average Assets, quarterly
  • $43,109Volatile liabilities
  • $44,940Insider loans
  • $45,860FHLB advances
  • $44,051Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,368Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,662Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,077Total interest income
  • $565Total interest expense
  • $1,512Net interest income
  • $22Provision for loan and lease losses
  • $134Total noninterest income
  • $0Fiduciary activities
  • $65Service charges on deposit accounts
  • $0Trading account gains & fees
  • $69Additional noninterest income
  • $1,411Total noninterest expense
  • $594Salaries and employee benefits
  • $141Premises and equipment expense
  • $676Additional noninterest expense
  • $213Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $213Income before extraordinary items
  • $0Extraordinary gains - net
  • $213Net income attributable to bank
  • $0Net charge-offs
  • $213Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $163Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.13%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 3.74%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 3.49%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • 0.49%Return on assets (ROA)
  • 0.49%Pretax return on assets
  • 4.68%Return on equity (ROE)
  • 1.10%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 85,723Assets per employee
  • 3.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 76.53%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 80.35%Net loans and leases to core deposits
  • 82.24%Equity capital to assets
  • 10.17%Core capital (leverage) ratio
  • 9.92%Tier 1 risk-based capital ratio
  • 9.52%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $43,109Average earning assets
  • $4,550Average equity
  • $40,470Average loans

List of branches

  • 3 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011713The Baltic State Bank101 East Main Street, Baltic, OH 43804January 01, 1902Full Service Brick and Mortar
    1460068Sugarcreek Branch145 Dover Road Nw, Sugarcreek, OH 44681Febuary 26, 2007Full Service Brick and Mortar
    2481904New Bedford Branch33919 State Route 643, Baltic, OH 43804October 03, 2008Full Service Retail

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