The Union State Bank in Payne, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1998

  • The Union State Bank in Payne, Ohio (OH)
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The Union State Bank - Overview

  • General
  • FDIC Certificate #: 11859
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community First Bank & Trust (#10660)
    Federal Reserve ID: 450128
    Date Established: January 13, 1932
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 7576
    Numeric code: 21
    Regulator: FDIC
    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: January 01, 1934
    Last Structure Change Effective Date: April 01, 1998
    Last Structure Change Process Date: April 08, 1998
    Last Data Update: April 08, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: Main At Merrin Streets, Payne, OH 45880
    County: Paulding
    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
  • Financial Summary
  • Total assets: $62.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $62,394Total assets
  • $1,120Cash and due from depository institutions
  • $0Interest-bearing balances
  • $22,447Securities
  • $36Federal funds sold & reverse repurchase agreements
  • $37,882Net loans & leases
  • $465Loan loss allowance
  • $0Trading account assets
  • $115Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $794All other assets
  • $62,394Total liabilities and capital
  • $53,137Total liabilities
  • $50,376Total deposits
  • $45,316Interest-bearing deposits
  • $50,376Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,240Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $521All other liabilities
  • $9,257Total equity capital
  • $9,257Total bank equity capital
  • $9,257Perpetual preferred stock
  • $0Common stock
  • $956Surplus
  • $958Undivided profits
  • Memoranda
  • $7,343Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $405Earning assets
  • $0Long-term assets (5+ years)
  • $464Average Assets, year-to-date
  • $60,365Average Assets, quarterly
  • $28,151Volatile liabilities
  • $60,807Insider loans
  • $61,335FHLB advances
  • $11,661Loans and leases held for sale
  • $1,714Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,638Total unused commitments
  • $0Restructured Loans and leases
  • $36,986Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $4,583Total interest income
  • $2,392Total interest expense
  • $2,191Net interest income
  • $40Provision for loan and lease losses
  • $57Total noninterest income
  • $0Fiduciary activities
  • $23Service charges on deposit accounts
  • $0Trading account gains & fees
  • $34Additional noninterest income
  • $1,322Total noninterest expense
  • $600Salaries and employee benefits
  • $185Premises and equipment expense
  • $537Additional noninterest expense
  • $886Pre-tax net operating income
  • $23Securities gains (losses)
  • $184Applicable income taxes
  • $725Income before extraordinary items
  • $0Extraordinary gains - net
  • $725Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $31Sale, conversion, retirement of capital stock, net
  • $229Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.85%Yield on earning assets
  • 4.09%Cost of funding earning assets
  • 3.75%Net interest margin
  • 0.10%Noninterest income to earning assets
  • 2.26%Noninterest expense to earning assets
  • 1.16%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 8.13%Return on equity (ROE)
  • 5.56%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 129.03%Credit loss provision to net charge-offs
  • 29.87%Efficiency ratio
  • 58,808Assets per employee
  • 3.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.59%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 114.81%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 1.06%Net loans and leases to deposits
  • 75.20%Net loans and leases to core deposits
  • 92.50%Equity capital to assets
  • 14.84%Core capital (leverage) ratio
  • 14.63%Tier 1 risk-based capital ratio
  • 24.19%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $60,807Average earning assets
  • $8,914Average equity
  • $58,416Average loans

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