The First State Bank of West Manchester - Overview
General
FDIC Certificate #: 15074 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:United Midwest Savings Bank (#32441) Federal Reserve ID: 381727 Date Established: January 01, 1897 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) FDIC's unique #: 9453 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: April 01, 1935 Last Structure Change Effective Date: Febuary 13, 2004 Last Structure Change Process Date: March 03, 2004 Last Data Update: March 03, 2004 Data Source Date: April 05, 2012
Location
Address: 101 North Main Street, West Manchester, OH 45382 County: Preble 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): Dayton-Springfield-Greenville, OH (#212) Core Based Statistical Area (CBSA): Dayton, OH (#19380) CBSA Metro Statistical Area: Dayton, OH (#19380)
Financial Summary
Total assets: $15.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
6Total employees (full-time equivalent)
$15,139Total assets
$1,385Cash and due from depository institutions
$132Interest-bearing balances
$4,428Securities
$1,000Federal funds sold & reverse repurchase agreements
$7,885Net loans & leases
$127Loan loss allowance
$0Trading account assets
$126Bank premises and fixed assets
$107Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$208All other assets
$15,139Total liabilities and capital
$13,849Total liabilities
$13,405Total deposits
$11,040Interest-bearing deposits
$13,405Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$400Other borrowed funds
$0Subordinated debt
$44All other liabilities
$1,290Total equity capital
$1,290Total bank equity capital
$1,290Perpetual preferred stock
$0Common stock
$200Surplus
$200Undivided profits
Memoranda
$890Noncurrent loans and leases
$268Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$93Earning assets
$0Long-term assets (5+ years)
$65Average Assets, year-to-date
$13,445Average Assets, quarterly
$2,205Volatile liabilities
$15,951Insider loans
$15,513FHLB advances
$315Loans and leases held for sale
$26Unused loan commitments
$400Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$268Total unused commitments
$0Restructured Loans and leases
$89Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$839Total interest income
$360Total interest expense
$479Net interest income
$125Provision for loan and lease losses
$83Total noninterest income
$0Fiduciary activities
$77Service charges on deposit accounts
$3Trading account gains & fees
$3Additional noninterest income
$754Total noninterest expense
$285Salaries and employee benefits
$43Premises and equipment expense
$426Additional noninterest expense
-$317Pre-tax net operating income
$0Securities gains (losses)
-$8Applicable income taxes
-$309Income before extraordinary items
$0Extraordinary gains - net
-$309Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$107Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.79%Yield on earning assets
2.48%Cost of funding earning assets
3.31%Net interest margin
0.57%Noninterest income to earning assets
5.20%Noninterest expense to earning assets
-1.94%Net operating income to assets
-1.94%Return on assets (ROA)
-1.99%Pretax return on assets
-20.85%Return on equity (ROE)
-20.85%Retained earnings to average equity (YTD only)
1.25%Net charge-offs to loans
116.82%Credit loss provision to net charge-offs
-1.79%Efficiency ratio
134,164Assets per employee
2.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.59%Loss allowance to noncurrent loans
136.56%Noncurrent assets plus other real estate owned to assets
1.32%Noncurrent loans to loans
1.16%Net loans and leases to deposits
58.82%Net loans and leases to core deposits
60.24%Equity capital to assets
8.52%Core capital (leverage) ratio
8.53%Tier 1 risk-based capital ratio
18.49%Total risk-based capital ratio
Memoranda
$20Average assets
$15,951Average earning assets
$1,482Average equity
$14,492Average loans
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