The Somerville National Bank in Somerville, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Somerville National Bank - Overview

  • General
  • FDIC Certificate #: 6700
    Status: Active
    Federal Reserve ID: 411624
    Date Established: October 10, 1910
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 4490
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 197 South Main Street, Somerville, OH 45064
    County: Butler
    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): Hamilton-Middletown, OH (#3200)
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $162.0 mil
    Equity capital: $16.5 mil
    Deposits held in domestic offices: $142.2 mil
    Return on assets (ROA): 1.08% ($1.7 mil)
    Quarterly return on assets: 1.41% ($2.3 mil)
    Return on Equity (ROE): 10.68% ($1.8 mil)
    Quarterly return on equity: 13.95% ($2.4 mil)
    Net income: $1.7 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.08% ($1,749.5 mil)
    Quarterly Pretax return on assets: 1.41% ($2,284.1 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, 2011)

  • Dollar figures in thousands
  • 44Total employees (full-time equivalent)
  • $161,992Total assets
  • $7,186Cash and due from depository institutions
  • $4,665Interest-bearing balances
  • $54,497Securities
  • $2,621Federal funds sold & reverse repurchase agreements
  • $93,559Net loans & leases
  • $911Loan loss allowance
  • $0Trading account assets
  • $1,467Bank premises and fixed assets
  • $363Other real estate owned
  • $240Goodwill and other intangibles
  • $161,992Life insurance assets
  • $2,059All other assets
  • $145,473Total liabilities and capital
  • $142,171Total liabilities
  • $126,753Total deposits
  • $142,171Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,855Trading liabilities
  • $0Other borrowed funds
  • $447Subordinated debt
  • $16,519All other liabilities
  • $16,519Total equity capital
  • $16,519Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $570Surplus
  • $15,449Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $874Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,075Income earned, not collected on loans
  • $0Earning assets
  • $945Long-term assets (5+ years)
  • $155,342Average Assets, year-to-date
  • $23,649Average Assets, quarterly
  • $156,595Volatile liabilities
  • $162,152Insider loans
  • $87,712FHLB advances
  • $162,413Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,209Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,254Restructured Loans and leases
  • $2,243Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,757Total interest income
  • $2,032Total interest expense
  • $4,725Net interest income
  • $130Provision for loan and lease losses
  • $983Total noninterest income
  • $0Fiduciary activities
  • $246Service charges on deposit accounts
  • $0Trading account gains & fees
  • $737Additional noninterest income
  • $3,884Total noninterest expense
  • $2,152Salaries and employee benefits
  • $391Premises and equipment expense
  • $1,341Additional noninterest expense
  • $1,694Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,694Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,694Net income attributable to bank
  • $0Net charge-offs
  • $1,694Cash dividends
  • $252Sale, conversion, retirement of capital stock, net
  • $725Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.51%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.15%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 2.59%Noninterest expense to earning assets
  • 1.08%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.08%Pretax return on assets
  • 10.68%Return on equity (ROE)
  • 6.11%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 51.59%Credit loss provision to net charge-offs
  • 7.24%Efficiency ratio
  • 67,887Assets per employee
  • 3.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.80%Loss allowance to loans
  • 0.96%Loss allowance to noncurrent loans
  • 84.74%Noncurrent assets plus other real estate owned to assets
  • 0.89%Noncurrent loans to loans
  • 1.14%Net loans and leases to deposits
  • 65.81%Net loans and leases to core deposits
  • 68.24%Equity capital to assets
  • 10.20%Core capital (leverage) ratio
  • 9.98%Tier 1 risk-based capital ratio
  • 18.48%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $156,595Average earning assets
  • $15,856Average equity
  • $149,814Average loans

List of branches

  • 6 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04490The Somerville National Bank197 South Main Street, Somerville, OH 45064October 10, 1910Full Service Brick and Mortar
    1211910Camden Branch48 North Main Street, Camden, OH 45311October 23, 1990Full Service Brick and Mortar
    2277792Eaton Branch1131 North Barron Street, Eaton, OH 45320January 01, 1887Full Service Brick and Mortar
    3211911Oxford Branch5400 College Corner Pike, Oxford, OH 45056June 05, 1995Full Service Brick and Mortar
    4211912Hamilton Branch75 North Brookwood Avenue, Hamilton, OH 45013November 29, 1999Full Service Brick and Mortar
    5431465Eaton Office Branch600 South Barron Street, Eaton, OH 45320July 06, 2004Full Service Brick and Mortar

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