The Dime Bank in Marietta, Ohio (OH)



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The Dime Bank
GeneralFDIC Certificate #: 20684
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wesbanco Bank Parkersburg (#6174)
Federal Reserve ID: 332028
Date Established: May 01, 1972
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Interstate: No)
OTS Docket #: 13912
FDIC's unique #: 14280
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: May 01, 1972
Last Structure Change Effective Date: April 01, 1998
Last Structure Change Process Date: April 14, 1998
Last Data Update: April 14, 1998
Data Source Date: April 05, 2012
LocationAddress: 200 Putnam Street, Marietta, OH 45750
County: Washington
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): Parkersburg-Marietta, WV-OH (#6020)
Core Based Statistical Area (CBSA): Parkersburg-Marietta-Vienna, WV-OH (#37620)
CBSA Metro Statistical Area: Parkersburg-Marietta-Vienna, WV-OH (#37620)
Financial SummaryTotal assets: $52.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)
(Dollar figures in thousands)
Total employees (full-time equivalent)30
Total assets$54,375
Cash and due from depository institutions$3,900
Interest-bearing balances$10
Securities$5,523
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$41,246
Loan loss allowance $618
Trading account assets$0
Bank premises and fixed assets$2,086
Other real estate owned$64
Goodwill and other intangibles$0
All other assets$1,556
Life insurance assets$0
Total liabilities and capital$54,375
Total liabilities$49,931
Total deposits$46,585
Interest-bearing deposits$39,361
Deposits held in domestic offices$46,585
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $1,642
Trading liabilities$0
Other borrowed funds $1,103
Subordinated debt $0
All other liabilities $601
Total equity capital$4,444
Total bank equity capital$4,444
Perpetual preferred stock$4,444
Common stock$0
Surplus$1,120
Undivided profits $1,567
Memoranda
Noncurrent loans and leases $1,757
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $77
Long-term assets (5+ years) $0
Average Assets, year-to-date $290
Average Assets, quarterly $46,779
Volatile liabilities $6,119
Insider loans $52,326
FHLB advances $53,745
Loans and leases held for sale $4,865
Unused loan commitments $1,380
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $1,655
Restructured Loans and leases $0
Derivatives$37,814
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Income and Expense (December 31, 1997)
(Dollar figures in thousands)
Total interest income $4,064
Total interest expense $1,658
Net interest income $2,406
Provision for loan and lease losses $148
Total noninterest income $443
Fiduciary activities $0
Service charges on deposit accounts $258
Trading account gains & fees $0
Additional noninterest income $185
Total noninterest expense $1,872
Salaries and employee benefits $1,006
Premises and equipment expense $165
Additional noninterest expense $701
Pre-tax net operating income $829
Securities gains (losses) $0
Applicable income taxes $236
Income before extraordinary items $593
Extraordinary gains - net $0
Net income attributable to bank $593
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $23
Net operating income $152
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Performance and Condition Ratios (December 31, 1997)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets9.03%
Cost of funding earning assets 3.68%
Net interest margin 5.34%
Noninterest income to earning assets 0.98%
Noninterest expense to earning assets 4.16%
Net operating income to assets 1.13%
Return on assets (ROA) 1.13%
Pretax return on assets 1.58%
Return on equity (ROE) 14.16%
Retained earnings to average equity (YTD only) 10.53%
Net charge-offs to loans 0.06%
Credit loss provision to net charge-offs 643.48%
Efficiency ratio42.48%
Assets per employee$65,707
Cash dividends to net income (YTD only)1.81%
Condition Ratios (%)
Loss allowance to loans 25.63%
Loss allowance to noncurrent loans 1.48%
Noncurrent assets plus other real estate owned to assets 802.60%
Noncurrent loans to loans 0.26%
Net loans and leases to deposits0.18%
Net loans and leases to core deposits 88.54%
Equity capital to assets 95.12%
Core capital (leverage) ratio 8.17%
Tier 1 risk-based capital ratio 8.33%
Total risk-based capital ratio 11.63%
Memoranda
Average assets$13
Average earning assets$52,326
Average equity $4,187
Average loans $45,021
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