FDIC Certificate #: 12980 Status: Active Federal Reserve ID: 560214 Date Established: October 11, 1911 WWW:http://www.corncitystatebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15996 FDIC's unique #: 8203 Numeric code: 13 Regulator: FED 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: All Other Specialization < 1 Billion 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: 120 West Main Street, Deshler, OH 43516 County: Henry 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $54.8 mil Equity capital: $9.2 mil Deposits held in domestic offices: $45.6 mil Return on assets (ROA): 1.64% ($0.9 mil) Quarterly return on assets: 1.40% ($0.8 mil) Return on Equity (ROE): 9.45% ($0.9 mil) Quarterly return on equity: 8.01% ($0.7 mil) Net income: $0.9 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.64% ($898.7 mil) Quarterly Pretax return on assets: 1.40% ($767.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$54,800Total assets
$5,393Cash and due from depository institutions
$4,343Interest-bearing balances
$21,821Securities
$0Federal funds sold & reverse repurchase agreements
$26,619Net loans & leases
$214Loan loss allowance
$0Trading account assets
$392Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$54,800Life insurance assets
$575All other assets
$45,642Total liabilities and capital
$45,570Total liabilities
$40,412Total deposits
$45,570Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$72Subordinated debt
$9,158All other liabilities
$9,158Total equity capital
$9,158Total bank equity capital
$0Perpetual preferred stock
$375Common stock
$625Surplus
$8,158Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9Income earned, not collected on loans
$9Earning assets
$260Long-term assets (5+ years)
$52,783Average Assets, year-to-date
$27,637Average Assets, quarterly
$53,598Volatile liabilities
$53,885Insider loans
$24,310FHLB advances
$54,672Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,158Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,709Restructured Loans and leases
$1,863Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,015Total interest income
$398Total interest expense
$1,617Net interest income
$0Provision for loan and lease losses
$114Total noninterest income
$0Fiduciary activities
$50Service charges on deposit accounts
$0Trading account gains & fees
$64Additional noninterest income
$854Total noninterest expense
$415Salaries and employee benefits
$80Premises and equipment expense
$359Additional noninterest expense
$877Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$877Income before extraordinary items
$0Extraordinary gains - net
$877Net income attributable to bank
$0Net charge-offs
$877Cash dividends
$0Sale, conversion, retirement of capital stock, net
$720Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.91%Yield on earning assets
0.77%Cost of funding earning assets
3.14%Net interest margin
0.22%Noninterest income to earning assets
1.66%Noninterest expense to earning assets
1.64%Net operating income to assets
1.64%Return on assets (ROA)
1.64%Pretax return on assets
9.45%Return on equity (ROE)
1.69%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
49,336Assets per employee
9.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
82.10%Loss allowance to loans
0.80%Loss allowance to noncurrent loans
2377.78%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.03%Net loans and leases to deposits
58.41%Net loans and leases to core deposits
61.63%Equity capital to assets
16.71%Core capital (leverage) ratio
16.75%Tier 1 risk-based capital ratio
37.67%Total risk-based capital ratio
Memoranda
$39Average assets
$53,598Average earning assets
$9,277Average equity
$51,552Average loans
List of branches
1 Ohio Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8203
The Corn City State Bank
120 West Main Street, Deshler, OH 43516
October 11, 1911
Full Service Brick and Mortar
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