The Corn City State Bank in Deshler, Ohio (OH)



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The Corn City State Bank routing number info

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The Corn City State Bank
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)6
Total assets$54,800
Cash and due from depository institutions$5,393
Interest-bearing balances$4,343
Securities$21,821
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$26,619
Loan loss allowance $214
Trading account assets$0
Bank premises and fixed assets$392
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$575
Life insurance assets$54,800
Total liabilities and capital$45,642
Total liabilities$45,570
Total deposits$40,412
Interest-bearing deposits$45,570
Deposits held in domestic offices$94
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $72
All other liabilities $9,158
Total equity capital$9,158
Total bank equity capital$9,158
Perpetual preferred stock$0
Common stock$375
Surplus$625
Undivided profits $8,158
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 $9
Earning assets $9
Long-term assets (5+ years) $260
Average Assets, year-to-date $52,783
Average Assets, quarterly $27,637
Volatile liabilities $53,598
Insider loans $53,885
FHLB advances $24,310
Loans and leases held for sale $54,672
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $9,158
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,709
Derivatives$1,863
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,015
Total interest expense $398
Net interest income $1,617
Provision for loan and lease losses $0
Total noninterest income $114
Fiduciary activities $0
Service charges on deposit accounts $50
Trading account gains & fees $0
Additional noninterest income $64
Total noninterest expense $854
Salaries and employee benefits $415
Premises and equipment expense $80
Additional noninterest expense $359
Pre-tax net operating income $877
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $877
Extraordinary gains - net $0
Net income attributable to bank $877
Net charge-offs $0
Cash dividends $877
Sale, conversion, retirement of capital stock, net $0
Net operating income $720
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.91%
Cost of funding earning assets 0.77%
Net interest margin 3.14%
Noninterest income to earning assets 0.22%
Noninterest expense to earning assets 1.66%
Net operating income to assets 1.64%
Return on assets (ROA) 1.64%
Pretax return on assets 1.64%
Return on equity (ROE) 9.45%
Retained earnings to average equity (YTD only) 1.69%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$49,336
Cash dividends to net income (YTD only)9.13%
Condition Ratios (%)
Loss allowance to loans 82.10%
Loss allowance to noncurrent loans 0.80%
Noncurrent assets plus other real estate owned to assets 2377.78%
Noncurrent loans to loans 0.02%
Net loans and leases to deposits0.03%
Net loans and leases to core deposits 58.41%
Equity capital to assets 61.63%
Core capital (leverage) ratio 16.71%
Tier 1 risk-based capital ratio 16.75%
Total risk-based capital ratio 37.67%
Memoranda
Average assets$39
Average earning assets$53,598
Average equity $9,277
Average loans $51,552
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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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