The Farmers Citizens Bank in Bucyrus, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Farmers Citizens Bank - Overview

  • General
  • FDIC Certificate #: 10267
    Status: Active
    Federal Reserve ID: 858210
    Bank Holding Company (Regulatory Top Holder): Fc Banc Corp (RSSDID: 2202282, Location: Bucyrus, OH)
    Date Established: January 06, 1908
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 6580
    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: 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: June 11, 2010
    Last Data Update: June 11, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 105 Washington Square, Bucyrus, OH 44820
    County: Crawford
    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): Mansfield, OH (#4800)
    Combined Statistical Area (CSA): Mansfield-Bucyrus, OH (#360)
    Core Based Statistical Area (CBSA): Bucyrus, OH (#15340)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
    Change in Location
  • Financial Summary
  • Total assets: $356.8 mil
    Equity capital: $31.5 mil
    Deposits held in domestic offices: $312.8 mil
    Return on assets (ROA): 0.70% ($2.5 mil)
    Quarterly return on assets: 0.73% ($2.6 mil)
    Return on Equity (ROE): 8.11% ($2.6 mil)
    Quarterly return on equity: 8.21% ($2.6 mil)
    Net income: $2.5 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.96% ($3,425.0 mil)
    Quarterly Pretax return on assets: 0.98% ($3,496.3 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
  • 78Total employees (full-time equivalent)
  • $356,769Total assets
  • $7,768Cash and due from depository institutions
  • $3,281Interest-bearing balances
  • $129,832Securities
  • $1,028Federal funds sold & reverse repurchase agreements
  • $203,930Net loans & leases
  • $2,633Loan loss allowance
  • $0Trading account assets
  • $5,909Bank premises and fixed assets
  • $0Other real estate owned
  • $161Goodwill and other intangibles
  • $356,769Life insurance assets
  • $8,141All other assets
  • $325,248Total liabilities and capital
  • $312,844Total liabilities
  • $282,030Total deposits
  • $312,844Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 128.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,500Trading liabilities
  • $0Other borrowed funds
  • $4,776Subordinated debt
  • $31,521All other liabilities
  • $31,521Total equity capital
  • $31,521Total bank equity capital
  • $0Perpetual preferred stock
  • $832Common stock
  • $5,395Surplus
  • $25,294Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $950Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $360Income earned, not collected on loans
  • $0Earning assets
  • $1,588Long-term assets (5+ years)
  • $338,071Average Assets, year-to-date
  • $199,569Average Assets, quarterly
  • $354,419Volatile liabilities
  • $356,545Insider loans
  • $216,072FHLB advances
  • $354,011Loans and leases held for sale
  • $3,779Unused loan commitments
  • $3,779Tier 1 (core) risk-based capital
  • $30,233Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $23,264Restructured Loans and leases
  • $1,393Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,135Total interest income
  • $4,174Total interest expense
  • $10,961Net interest income
  • $960Provision for loan and lease losses
  • $1,929Total noninterest income
  • $0Fiduciary activities
  • $697Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,232Additional noninterest income
  • $9,389Total noninterest expense
  • $5,064Salaries and employee benefits
  • $1,194Premises and equipment expense
  • $3,131Additional noninterest expense
  • $2,541Pre-tax net operating income
  • $853Securities gains (losses)
  • $928Applicable income taxes
  • $2,466Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,466Net income attributable to bank
  • $0Net charge-offs
  • $2,466Cash dividends
  • $683Sale, conversion, retirement of capital stock, net
  • $810Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.54%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 3.29%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 2.82%Noninterest expense to earning assets
  • 0.52%Net operating income to assets
  • 0.70%Return on assets (ROA)
  • 0.96%Pretax return on assets
  • 8.11%Return on equity (ROE)
  • 5.44%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 140.56%Credit loss provision to net charge-offs
  • 5.13%Efficiency ratio
  • 72,839Assets per employee
  • 4.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.85%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 731.39%Noncurrent assets plus other real estate owned to assets
  • 0.10%Noncurrent loans to loans
  • 0.17%Net loans and leases to deposits
  • 65.19%Net loans and leases to core deposits
  • 69.76%Equity capital to assets
  • 8.84%Core capital (leverage) ratio
  • 8.54%Tier 1 risk-based capital ratio
  • 13.99%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $354,419Average earning assets
  • $30,418Average equity
  • $333,399Average loans

List of branches

  • 7 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06580The Farmers Citizens Bank105 Washington Square, Bucyrus, OH 44820January 06, 1908Full Service Brick and Mortar
    2222095South Branch1605 Marion Road, Bucyrus, OH 44820September 17, 1990Full Service Brick and Mortar
    3222096Cardington Branch103 E. Main St, Cardington, OH 43315January 26, 1998Full Service Brick and Mortar
    4356682Fredericktown Branch240 West Sandusky Street, Fredericktown, OH 43019May 25, 2000Full Service Brick and Mortar
    5466691Worthington Branch5858 North High Street, Worthington, OH 43085October 10, 2006Full Service Brick and Mortar
    6493050Shiloh Branch1921 B Free Rd, Shiloh, OH 44878December 10, 2008Full Service Brick and Mortar
    7493051Upper Arlington Branch2821 Fishinger Rd, Upper Arlington, OH 43221June 08, 2009Full Service Brick and Mortar

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