The Glouster Community Bank in Lancaster, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2007

  • The Glouster Community Bank in Lancaster, Ohio (OH)
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The Glouster Community Bank - Overview

  • General
  • FDIC Certificate #: 16317
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Citizens Savings Bank (#9463)
    Federal Reserve ID: 291910
    Date Established: September 26, 1945
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    OTS Docket #: 12622
    FDIC's unique #: 10504
    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: September 26, 1945
    Last Structure Change Effective Date: July 01, 2007
    Last Structure Change Process Date: July 19, 2007
    Last Data Update: July 19, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 North Columbus Street, Lancaster, OH 43130
    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: $110.7 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, 2006)

  • Dollar figures in thousands
  • 39Total employees (full-time equivalent)
  • $110,813Total assets
  • $3,943Cash and due from depository institutions
  • $150Interest-bearing balances
  • $28,783Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $70,119Net loans & leases
  • $742Loan loss allowance
  • $0Trading account assets
  • $2,969Bank premises and fixed assets
  • $105Other real estate owned
  • $0Goodwill and other intangibles
  • $2,039Life insurance assets
  • $4,894All other assets
  • $110,813Total liabilities and capital
  • $104,001Total liabilities
  • $86,098Total deposits
  • $76,929Interest-bearing deposits
  • $86,098Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,729Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $14,788Other borrowed funds
  • $0Subordinated debt
  • $1,386All other liabilities
  • $6,812Total equity capital
  • $6,812Total bank equity capital
  • $6,812Perpetual preferred stock
  • $0Common stock
  • $195Surplus
  • $2,680Undivided profits
  • Memoranda
  • $3,937Noncurrent loans and leases
  • $10,670Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,838Earning assets
  • $0Long-term assets (5+ years)
  • $538Average Assets, year-to-date
  • $99,052Average Assets, quarterly
  • $28,594Volatile liabilities
  • $116,338Insider loans
  • $113,221FHLB advances
  • $36,531Loans and leases held for sale
  • $1,666Unused loan commitments
  • $14,788Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,670Total unused commitments
  • $0Restructured Loans and leases
  • $742Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $7,020Total interest income
  • $3,956Total interest expense
  • $3,064Net interest income
  • $1,206Provision for loan and lease losses
  • $730Total noninterest income
  • $0Fiduciary activities
  • $488Service charges on deposit accounts
  • $0Trading account gains & fees
  • $242Additional noninterest income
  • $3,577Total noninterest expense
  • $1,466Salaries and employee benefits
  • $443Premises and equipment expense
  • $1,668Additional noninterest expense
  • -$989Pre-tax net operating income
  • -$350Securities gains (losses)
  • -$522Applicable income taxes
  • -$817Income before extraordinary items
  • $0Extraordinary gains - net
  • -$817Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,224Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.73%Yield on earning assets
  • 3.79%Cost of funding earning assets
  • 2.94%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 3.43%Noninterest expense to earning assets
  • -0.51%Net operating income to assets
  • -0.70%Return on assets (ROA)
  • -1.15%Pretax return on assets
  • -11.72%Return on equity (ROE)
  • -11.72%Retained earnings to average equity (YTD only)
  • 1.63%Net charge-offs to loans
  • 98.53%Credit loss provision to net charge-offs
  • 0.18%Efficiency ratio
  • 94,280Assets per employee
  • 2.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.05%Loss allowance to noncurrent loans
  • 26.15%Noncurrent assets plus other real estate owned to assets
  • 2.66%Noncurrent loans to loans
  • 4.01%Net loans and leases to deposits
  • 81.44%Net loans and leases to core deposits
  • 108.84%Equity capital to assets
  • 6.15%Core capital (leverage) ratio
  • 6.48%Tier 1 risk-based capital ratio
  • 9.99%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $116,338Average earning assets
  • $6,969Average equity
  • $104,363Average loans

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