The Corn City State Bank in Deshler, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Corn City State Bank - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    08203The Corn City State Bank120 West Main Street, Deshler, OH 43516October 11, 1911Full Service Brick and Mortar

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