The Lenox Savings Bank in Norwood, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 24, 2003

  • The Lenox Savings Bank in Norwood, Ohio (OH)
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The Lenox Savings Bank - Overview

  • General
  • FDIC Certificate #: 27802
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Foundation Bank (#28724)
    Federal Reserve ID: 635176
    Date Established: January 01, 1887
    WWW: http://www.lenoxbankonline.com
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 306
    FDIC's unique #: 40636
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 03, 1978
    Last Structure Change Effective Date: December 24, 2003
    Last Structure Change Process Date: January 06, 2004
    Last Data Update: January 06, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 4730 Montgomery Road, Norwood, OH 45212
    County: Hamilton
    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): Cincinnati, OH-KY-IN (#1640)
    Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21)
    Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178)
    Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140)
    CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
  • Financial Summary
  • Total assets: $55.2 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, 2002)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $60,457Total assets
  • $4,316Cash and due from depository institutions
  • $3,899Interest-bearing balances
  • $11,455Securities
  • $454Federal funds sold & reverse repurchase agreements
  • $40,379Net loans & leases
  • $251Loan loss allowance
  • $0Trading account assets
  • $1,141Bank premises and fixed assets
  • $0Other real estate owned
  • $186Goodwill and other intangibles
  • $0Life insurance assets
  • $2,526All other assets
  • $60,457Total liabilities and capital
  • $54,828Total liabilities
  • $31,602Total deposits
  • $29,139Interest-bearing deposits
  • $31,602Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $22,733Other borrowed funds
  • $0Subordinated debt
  • $493All other liabilities
  • $5,629Total equity capital
  • $5,629Total bank equity capital
  • $5,629Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $4,742Undivided profits
  • Memoranda
  • $887Noncurrent loans and leases
  • $4,919Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $549Earning assets
  • $0Long-term assets (5+ years)
  • $279Average Assets, year-to-date
  • $56,187Average Assets, quarterly
  • $13,840Volatile liabilities
  • $60,974Insider loans
  • $59,915FHLB advances
  • $4,800Loans and leases held for sale
  • $133Unused loan commitments
  • $22,733Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,919Total unused commitments
  • $0Restructured Loans and leases
  • $251Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $3,843Total interest income
  • $2,272Total interest expense
  • $1,571Net interest income
  • $94Provision for loan and lease losses
  • $471Total noninterest income
  • $0Fiduciary activities
  • $73Service charges on deposit accounts
  • $0Trading account gains & fees
  • $398Additional noninterest income
  • $1,929Total noninterest expense
  • $1,067Salaries and employee benefits
  • $225Premises and equipment expense
  • $637Additional noninterest expense
  • $19Pre-tax net operating income
  • $16Securities gains (losses)
  • $12Applicable income taxes
  • $23Income before extraordinary items
  • $0Extraordinary gains - net
  • $23Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $136Sale, conversion, retirement of capital stock, net
  • $60Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.76%Yield on earning assets
  • 4.00%Cost of funding earning assets
  • 2.76%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 3.40%Noninterest expense to earning assets
  • 0.02%Net operating income to assets
  • 0.04%Return on assets (ROA)
  • 0.06%Pretax return on assets
  • 0.41%Return on equity (ROE)
  • -0.66%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 69.12%Credit loss provision to net charge-offs
  • 0.83%Efficiency ratio
  • 94,466Assets per employee
  • 3.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 260.87%Loss allowance to loans
  • 0.62%Loss allowance to noncurrent loans
  • 45.72%Noncurrent assets plus other real estate owned to assets
  • 0.91%Noncurrent loans to loans
  • 1.35%Net loans and leases to deposits
  • 127.77%Net loans and leases to core deposits
  • 150.47%Equity capital to assets
  • 9.31%Core capital (leverage) ratio
  • 9.37%Tier 1 risk-based capital ratio
  • 18.98%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $60,974Average earning assets
  • $5,623Average equity
  • $56,819Average loans

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