The Citizens Bank of Ashville, Ohio in Ashville, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Citizens Bank of Ashville, Ohio - Overview

  • General
  • FDIC Certificate #: 13223
    Status: Active
    Federal Reserve ID: 106519
    Date Established: July 01, 1894
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 11849
    FDIC's unique #: 8365
    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: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 26 East Main Street, Ashville, OH 43103
    County: Pickaway
    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): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $100.3 mil
    Equity capital: $8.1 mil
    Deposits held in domestic offices: $81.4 mil
    Return on assets (ROA): -0.82% (-$0.8 mil)
    Quarterly return on assets: 1.14% ($1.1 mil)
    Return on Equity (ROE): -10.47% (-$0.8 mil)
    Quarterly return on equity: 14.34% ($1.1 mil)
    Net income: -$0.9 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: -0.49% (-$491.6 mil)
    Quarterly Pretax return on assets: 2.07% ($2,076.6 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
  • 30Total employees (full-time equivalent)
  • $100,317Total assets
  • $3,561Cash and due from depository institutions
  • $1,521Interest-bearing balances
  • $26,730Securities
  • $1,570Federal funds sold & reverse repurchase agreements
  • $58,644Net loans & leases
  • $693Loan loss allowance
  • $0Trading account assets
  • $5,222Bank premises and fixed assets
  • $422Other real estate owned
  • $0Goodwill and other intangibles
  • $100,317Life insurance assets
  • $4,168All other assets
  • $92,211Total liabilities and capital
  • $81,448Total liabilities
  • $72,162Total deposits
  • $81,448Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,000Trading liabilities
  • $0Other borrowed funds
  • $1,763Subordinated debt
  • $8,106All other liabilities
  • $8,106Total equity capital
  • $8,106Total bank equity capital
  • $0Perpetual preferred stock
  • $251Common stock
  • $573Surplus
  • $7,282Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $433Income earned, not collected on loans
  • $0Earning assets
  • $442Long-term assets (5+ years)
  • $88,465Average Assets, year-to-date
  • $50,091Average Assets, quarterly
  • $105,224Volatile liabilities
  • $103,321Insider loans
  • $62,690FHLB advances
  • $103,230Loans and leases held for sale
  • $2,047Unused loan commitments
  • $1,206Tier 1 (core) risk-based capital
  • $8,029Tier 2 risk-based capital
  • $841Total risk weighted assets
  • $0Total unused commitments
  • $9,226Restructured Loans and leases
  • $1,225Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,409Total interest income
  • $1,008Total interest expense
  • $3,401Net interest income
  • $1,390Provision for loan and lease losses
  • $864Total noninterest income
  • $0Fiduciary activities
  • $352Service charges on deposit accounts
  • $0Trading account gains & fees
  • $512Additional noninterest income
  • $3,813Total noninterest expense
  • $1,536Salaries and employee benefits
  • $638Premises and equipment expense
  • $1,639Additional noninterest expense
  • -$938Pre-tax net operating income
  • $421Securities gains (losses)
  • $351Applicable income taxes
  • -$868Income before extraordinary items
  • $0Extraordinary gains - net
  • -$868Net income attributable to bank
  • $0Net charge-offs
  • -$868Cash dividends
  • $1,250Sale, conversion, retirement of capital stock, net
  • $61Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.74%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 3.66%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 4.10%Noninterest expense to earning assets
  • -1.23%Net operating income to assets
  • -0.82%Return on assets (ROA)
  • -0.49%Pretax return on assets
  • -10.47%Return on equity (ROE)
  • -11.20%Retained earnings to average equity (YTD only)
  • 2.14%Net charge-offs to loans
  • 111.20%Credit loss provision to net charge-offs
  • 0.36%Efficiency ratio
  • 89,402Assets per employee
  • 3.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -7.03%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 160.05%Noncurrent assets plus other real estate owned to assets
  • 0.85%Noncurrent loans to loans
  • 0.73%Net loans and leases to deposits
  • 72.00%Net loans and leases to core deposits
  • 73.63%Equity capital to assets
  • 8.08%Core capital (leverage) ratio
  • 7.78%Tier 1 risk-based capital ratio
  • 12.81%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $105,224Average earning assets
  • $8,291Average equity
  • $93,001Average loans

List of branches

  • 4 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08365The Citizens Bank Of Ashville, Ohio26 East Main Street, Ashville, OH 43103July 01, 1894Full Service Brick and Mortar
    1229337Commercial Point Branch1 Main St, Commercial Point, OH 43116Febuary 10, 1986Full Service Brick and Mortar
    2229338Circleville Branch120 South Court Street, Circleville, OH 43113April 09, 1990Full Service Brick and Mortar
    3510152Grove City Branch2250 Stringtown Road, Grove City, OH 43123June 10, 2010Full Service Brick and Mortar

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