The First Bremen Bank in Bremen, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 21, 2009

  • The First Bremen Bank in Bremen, Ohio (OH)
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The First Bremen Bank - Overview

  • General
  • FDIC Certificate #: 9454
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: The Vinton County National Bank of McArthur (#6636)
    Federal Reserve ID: 873914
    Date Established: January 01, 1898
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 13712
    FDIC's unique #: 6075
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 21, 2009
    Last Structure Change Process Date: Febuary 27, 2009
    Last Data Update: Febuary 27, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 119 Main Street, Bremen, OH 43107
    County: Fairfield
    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): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • Financial Summary
  • Total assets: $327.1 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, 2008)

  • Dollar figures in thousands
  • 67Total employees (full-time equivalent)
  • $327,081Total assets
  • $5,112Cash and due from depository institutions
  • $0Interest-bearing balances
  • $57,929Securities
  • $8,632Federal funds sold & reverse repurchase agreements
  • $247,224Net loans & leases
  • $2,576Loan loss allowance
  • $0Trading account assets
  • $4,789Bank premises and fixed assets
  • $210Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,185All other assets
  • $327,081Total liabilities and capital
  • $293,591Total liabilities
  • $284,820Total deposits
  • $265,369Interest-bearing deposits
  • $284,820Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,530Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6,500Other borrowed funds
  • $0Subordinated debt
  • $741All other liabilities
  • $33,490Total equity capital
  • $33,490Total bank equity capital
  • $33,490Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,000Undivided profits
  • Memoranda
  • $31,490Noncurrent loans and leases
  • $46,660Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,419Earning assets
  • $0Long-term assets (5+ years)
  • $1,315Average Assets, year-to-date
  • $313,785Average Assets, quarterly
  • $61,745Volatile liabilities
  • $318,699Insider loans
  • $322,477FHLB advances
  • $53,358Loans and leases held for sale
  • $274Unused loan commitments
  • $6,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,129Total risk weighted assets
  • $46,660Total unused commitments
  • $0Restructured Loans and leases
  • $2,576Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $20,565Total interest income
  • $8,620Total interest expense
  • $11,945Net interest income
  • $1,110Provision for loan and lease losses
  • $1,651Total noninterest income
  • $0Fiduciary activities
  • $1,569Service charges on deposit accounts
  • $0Trading account gains & fees
  • $82Additional noninterest income
  • $8,034Total noninterest expense
  • $3,687Salaries and employee benefits
  • $767Premises and equipment expense
  • $3,580Additional noninterest expense
  • $4,452Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,290Applicable income taxes
  • $3,162Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,162Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,004Sale, conversion, retirement of capital stock, net
  • $1,600Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.75%Yield on earning assets
  • 2.83%Cost of funding earning assets
  • 3.92%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 2.64%Noninterest expense to earning assets
  • 0.99%Net operating income to assets
  • 0.99%Return on assets (ROA)
  • 1.40%Pretax return on assets
  • 9.76%Return on equity (ROE)
  • 4.82%Retained earnings to average equity (YTD only)
  • 0.42%Net charge-offs to loans
  • 110.56%Credit loss provision to net charge-offs
  • 5.54%Efficiency ratio
  • 59,091Assets per employee
  • 4.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.60%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 75.34%Noncurrent assets plus other real estate owned to assets
  • 1.11%Noncurrent loans to loans
  • 1.37%Net loans and leases to deposits
  • 86.80%Net loans and leases to core deposits
  • 106.11%Equity capital to assets
  • 10.24%Core capital (leverage) ratio
  • 10.19%Tier 1 risk-based capital ratio
  • 12.94%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $318,699Average earning assets
  • $32,389Average equity
  • $304,509Average loans

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