The Bank of Leipsic Company in Leipsic, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 07, 2003

The Bank of Leipsic Company in Leipsic, Ohio (OH)
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The Bank of Leipsic Company - Overview

General
FDIC Certificate #: 11088
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Union Bank Company (#12969)
Federal Reserve ID: 725826
Date Established: Febuary 29, 1924
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 9665
FDIC's unique #: 7087
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 07, 2003
Last Structure Change Process Date: March 27, 2003
Last Data Update: March 27, 2003
Data Source Date: April 05, 2012
Location
Address: 318 South Belmore Street, Leipsic, OH 45856
County: Putnam
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
Financial Summary
Total assets: $67.7 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, 2002)

Dollar figures in thousands
14Total employees (full-time equivalent)
$67,702Total assets
$1,140Cash and due from depository institutions
$18Interest-bearing balances
$26,051Securities
$19Federal funds sold & reverse repurchase agreements
$37,827Net loans & leases
$549Loan loss allowance
$0Trading account assets
$1,071Bank premises and fixed assets
$0Other real estate owned
$264Goodwill and other intangibles
$0Life insurance assets
$1,330All other assets
$67,702Total liabilities and capital
$61,198Total liabilities
$56,231Total deposits
$51,342Interest-bearing deposits
$56,231Deposits held in domestic offices
0.00%% insured (estimated)
$495Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,694Other borrowed funds
$0Subordinated debt
$778All other liabilities
$6,504Total equity capital
$6,504Total bank equity capital
$6,504Perpetual preferred stock
$0Common stock
$400Surplus
$600Undivided profits
Memoranda
$5,504Noncurrent loans and leases
$6,604Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$305Earning assets
$0Long-term assets (5+ years)
$450Average Assets, year-to-date
$63,915Average Assets, quarterly
$21,890Volatile liabilities
$67,888Insider loans
$68,009FHLB advances
$6,751Loans and leases held for sale
$333Unused loan commitments
$3,694Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,604Total unused commitments
$0Restructured Loans and leases
$549Derivatives

Income and Expense (December 31, 2002)

Dollar figures in thousands
$3,983Total interest income
$1,925Total interest expense
$2,058Net interest income
$100Provision for loan and lease losses
$200Total noninterest income
$0Fiduciary activities
$108Service charges on deposit accounts
$0Trading account gains & fees
$92Additional noninterest income
$2,080Total noninterest expense
$613Salaries and employee benefits
$112Premises and equipment expense
$1,355Additional noninterest expense
$78Pre-tax net operating income
$100Securities gains (losses)
-$125Applicable income taxes
$303Income before extraordinary items
$0Extraordinary gains - net
$303Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$61Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2002)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.26%Yield on earning assets
3.03%Cost of funding earning assets
3.23%Net interest margin
0.31%Noninterest income to earning assets
3.27%Noninterest expense to earning assets
0.30%Net operating income to assets
0.45%Return on assets (ROA)
0.26%Pretax return on assets
4.95%Return on equity (ROE)
4.95%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
163.93%Credit loss provision to net charge-offs
2.92%Efficiency ratio
88,707Assets per employee
4.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.43%Loss allowance to noncurrent loans
180.00%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
0.79%Net loans and leases to deposits
67.27%Net loans and leases to core deposits
74.19%Equity capital to assets
9.61%Core capital (leverage) ratio
8.19%Tier 1 risk-based capital ratio
12.63%Total risk-based capital ratio
Memoranda
$14Average assets
$67,888Average earning assets
$6,126Average equity
$63,624Average loans

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