The Commercial Savings Bank in Upper Sandusky, Ohio (OH)
| The Commercial Savings Bank | |
|---|---|
| General | FDIC Certificate #: 2291 Status: Active Federal Reserve ID: 533928 Bank Holding Company (Regulatory Top Holder): Commercial Bancshares, Inc. (RSSDID: 2300012, Location: Upper Sandusky, OH) Date Established: June 08, 1920 WWW: http://www.csbanking.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 9 (Domestic: 9, Interstate: No) OTS Docket #: 13326 FDIC's unique #: 1515 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: December 20, 2007 Last Structure Change Process Date: December 26, 2007 Last Data Update: December 26, 2007 Data Source Date: April 05, 2012 |
| Location | Address: 118 South Sandusky Avenue, Upper Sandusky, OH 43351 County: Wyandot 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: $288.1 mil Equity capital: $26.5 mil Deposits held in domestic offices: $259.3 mil Return on assets (ROA): 0.98% ($2.8 mil) Quarterly return on assets: 1.06% ($3.1 mil) Return on Equity (ROE): 11.46% ($3.0 mil) Quarterly return on equity: 11.65% ($3.0 mil) Net income: $2.9 mil Quarterly Net income: $0.8 mil Pretax return on assets: 1.35% ($3,889.1 mil) Quarterly Pretax return on assets: 1.48% ($4,263.6 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 94 |
| Total assets | $288,080 |
| Cash and due from depository institutions | $9,485 |
| Interest-bearing balances | $4,099 |
| Securities | $24,851 |
| Federal funds sold & reverse repurchase agreements | $1,239 |
| Net loans & leases | $231,094 |
| Loan loss allowance | $3,779 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $7,406 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $14,005 |
| Life insurance assets | $288,080 |
| Total liabilities and capital | $261,584 |
| Total liabilities | $259,344 |
| Total deposits | $220,941 |
| Interest-bearing deposits | $259,344 |
| Deposits held in domestic offices | $91 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $2,240 |
| All other liabilities | $26,496 |
| Total equity capital | $26,496 |
| Total bank equity capital | $26,496 |
| Perpetual preferred stock | $0 |
| Common stock | $3,476 |
| Surplus | $4,020 |
| Undivided profits | $19,000 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $1,851 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $1,275 |
| Average Assets, year-to-date | $261,283 |
| Average Assets, quarterly | $108,905 |
| Volatile liabilities | $294,831 |
| Insider loans | $288,926 |
| FHLB advances | $239,233 |
| Loans and leases held for sale | $288,953 |
| Unused loan commitments | $8,154 |
| Tier 1 (core) risk-based capital | $8,154 |
| Tier 2 risk-based capital | $25,729 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $35,130 |
| Derivatives | $3,266 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $15,036 |
| Total interest expense | $2,112 |
| Net interest income | $12,924 |
| Provision for loan and lease losses | $989 |
| Total noninterest income | $2,055 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $1,365 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $690 |
| Total noninterest expense | $10,015 |
| Salaries and employee benefits | $5,586 |
| Premises and equipment expense | $1,161 |
| Additional noninterest expense | $3,268 |
| Pre-tax net operating income | $3,975 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $1,086 |
| Income before extraordinary items | $2,889 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $2,889 |
| Net charge-offs | $0 |
| Cash dividends | $2,889 |
| Sale, conversion, retirement of capital stock, net | $408 |
| Net operating income | $562 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.61% |
| Cost of funding earning assets | 0.79% |
| Net interest margin | 4.82% |
| Noninterest income to earning assets | 0.77% |
| Noninterest expense to earning assets | 3.73% |
| Net operating income to assets | 0.98% |
| Return on assets (ROA) | 0.98% |
| Pretax return on assets | 1.35% |
| Return on equity (ROE) | 11.46% |
| Retained earnings to average equity (YTD only) | 9.23% |
| Net charge-offs to loans | 0.18% |
| Credit loss provision to net charge-offs | 242.40% |
| Efficiency ratio | 12.17% |
| Assets per employee | $66,860 |
| Cash dividends to net income (YTD only) | 3.06% |
| Condition Ratios (%) | |
| Loss allowance to loans | 19.45% |
| Loss allowance to noncurrent loans | 1.61% |
| Noncurrent assets plus other real estate owned to assets | 204.16% |
| Noncurrent loans to loans | 0.64% |
| Net loans and leases to deposits | 0.79% |
| Net loans and leases to core deposits | 89.11% |
| Equity capital to assets | 96.04% |
| Core capital (leverage) ratio | 9.20% |
| Tier 1 risk-based capital ratio | 8.90% |
| Total risk-based capital ratio | 10.75% |
| Memoranda | |
| Average assets | $12 |
| Average earning assets | $294,831 |
| Average equity | $25,206 |
| Average loans | $268,183 |
| 9 Ohio Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 1515 | The Commercial Savings Bank | 118 South Sandusky Avenue, Upper Sandusky, OH 43351 | June 08, 1920 | Full Service Brick and Mortar |  |
| 1 | 192455 | Carey Branch | 128 South Vance Street, Carey, OH 43316 | December 15, 1973 | Full Service Brick and Mortar |  |
| 2 | 11261 | Harpster Branch | Wyandot And Cherokee Streets, Harpster, OH 43323 | January 01, 1883 | Full Service Brick and Mortar | |
| 3 | 192456 | Drive-In Facility | 402 North Sandusky Avenue, Upper Sandusky, OH 43351 | September 01, 1981 | Limited Service Facility | |
| 10 | 268997 | Findlay Branch | 1660 Tiffin Avenue, Findlay, OH 45840 | June 30, 1985 | Full Service Brick and Mortar | |
| 11 | 192462 | Jamesway Branch | 279 Jamesway, Marion, OH 43302 | May 29, 1996 | Full Service Brick and Mortar | |
| 13 | 358164 | Lincoln Street Branch | 201 East Lincoln Street, Findlay, OH 45840 | September 18, 2000 | Full Service Brick and Mortar | |
| 17 | 491470 | Arlington Branch | 112 East Liberty Street, Arlington, OH 45814 | May 11, 2009 | Full Service Brick and Mortar | |
| 18 | 495969 | Barks Road Branch | 195 Barks Road West, Marion, OH 43302 | October 05, 2009 | Full Service Brick and Mortar | |
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