The Fahey Banking Company in Marion, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Fahey Banking Company - Overview

  • General
  • FDIC Certificate #: 2068
    Status: Active
    Federal Reserve ID: 520423
    Date Established: May 01, 1865
    WWW: http://www.faheybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 15551
    FDIC's unique #: 1368
    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: 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: 127 North Main Street, Marion, OH 43302
    County: Marion
    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
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Marion, OH (#32020)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $182.3 mil
    Equity capital: $40.6 mil
    Deposits held in domestic offices: $133.5 mil
    Return on assets (ROA): 0.25% ($0.5 mil)
    Quarterly return on assets: 1.09% ($2.0 mil)
    Return on Equity (ROE): 1.13% ($0.5 mil)
    Quarterly return on equity: 4.85% ($2.0 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.20% ($364.6 mil)
    Quarterly Pretax return on assets: 1.45% ($2,643.6 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
  • 48Total employees (full-time equivalent)
  • $182,319Total assets
  • $8,697Cash and due from depository institutions
  • $5,823Interest-bearing balances
  • $29,106Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $136,658Net loans & leases
  • $2,615Loan loss allowance
  • $0Trading account assets
  • $1,441Bank premises and fixed assets
  • $2,359Other real estate owned
  • $77Goodwill and other intangibles
  • $182,319Life insurance assets
  • $3,981All other assets
  • $141,689Total liabilities and capital
  • $133,494Total liabilities
  • $107,857Total deposits
  • $133,494Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 3708.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,500Trading liabilities
  • $0Other borrowed funds
  • $987Subordinated debt
  • $40,630All other liabilities
  • $40,630Total equity capital
  • $40,630Total bank equity capital
  • $0Perpetual preferred stock
  • $488Common stock
  • $2,138Surplus
  • $38,004Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $11,832Income earned, not collected on loans
  • $0Earning assets
  • $685Long-term assets (5+ years)
  • $171,587Average Assets, year-to-date
  • $46,604Average Assets, quarterly
  • $180,028Volatile liabilities
  • $180,124Insider loans
  • $135,492FHLB advances
  • $175,472Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $41,285Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,930Restructured Loans and leases
  • $186Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,454Total interest income
  • $810Total interest expense
  • $7,644Net interest income
  • $2,100Provision for loan and lease losses
  • $1,006Total noninterest income
  • $0Fiduciary activities
  • $258Service charges on deposit accounts
  • $0Trading account gains & fees
  • $748Additional noninterest income
  • $6,184Total noninterest expense
  • $3,159Salaries and employee benefits
  • $401Premises and equipment expense
  • $2,624Additional noninterest expense
  • $366Pre-tax net operating income
  • $0Securities gains (losses)
  • -$91Applicable income taxes
  • $457Income before extraordinary items
  • $0Extraordinary gains - net
  • $457Net income attributable to bank
  • $0Net charge-offs
  • $457Cash dividends
  • $2,342Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 0.48%Cost of funding earning assets
  • 4.49%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 3.63%Noninterest expense to earning assets
  • 0.25%Net operating income to assets
  • 0.25%Return on assets (ROA)
  • 0.20%Pretax return on assets
  • 1.13%Return on equity (ROE)
  • 1.13%Retained earnings to average equity (YTD only)
  • 1.71%Net charge-offs to loans
  • 89.67%Credit loss provision to net charge-offs
  • 1.05%Efficiency ratio
  • 71,491Assets per employee
  • 3.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.88%Loss allowance to noncurrent loans
  • 22.10%Noncurrent assets plus other real estate owned to assets
  • 7.78%Noncurrent loans to loans
  • 8.50%Net loans and leases to deposits
  • 102.37%Net loans and leases to core deposits
  • 125.95%Equity capital to assets
  • 22.29%Core capital (leverage) ratio
  • 23.53%Tier 1 risk-based capital ratio
  • 30.47%Total risk-based capital ratio
  • Memoranda
  • $32Average assets
  • $180,028Average earning assets
  • $40,287Average equity
  • $170,217Average loans

List of branches

  • 4 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01368The Fahey Banking Company127 North Main Street, Marion, OH 43302May 01, 1865Full Service Brick and Mortar
    1190824East Side Branch949 East Center Street, Marion, OH 43302October 14, 1957Full Service Brick and Mortar
    2190825Northside Branch345 East Fairground Street, Marion, OH 43302December 13, 1971Full Service Brick and Mortar
    3190826Fahey Bank South Branch1577 Marion-Waldo Road, Marion, OH 43302October 20, 1977Full Service Brick and Mortar

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