FDIC Certificate #: 28555 Status: Active Federal Reserve ID: 320070 Date Established: January 01, 1884 Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 1834 FDIC's unique #: 41389 Numeric code: 42 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: October 09, 1957 Last Structure Change Effective Date: January 04, 2012 Last Structure Change Process Date: January 04, 2012 Last Data Update: January 04, 2012 Data Source Date: April 05, 2012
Location
Address: 115 West Benson Street, Reading, OH 45215 County: Hamilton Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Cincinnati 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)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $87.4 mil Equity capital: $25.9 mil Deposits held in domestic offices: $60.2 mil Return on assets (ROA): 0.46% ($0.4 mil) Quarterly return on assets: 0.50% ($0.4 mil) Return on Equity (ROE): 1.55% ($0.4 mil) Quarterly return on equity: 1.68% ($0.4 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.62% ($541.9 mil) Quarterly Pretax return on assets: 0.76% ($664.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$87,411Total assets
$7,458Cash and due from depository institutions
$3,240Interest-bearing balances
$20,372Securities
$4,549Federal funds sold & reverse repurchase agreements
$52,640Net loans & leases
$594Loan loss allowance
$0Trading account assets
$193Bank premises and fixed assets
$372Other real estate owned
$0Goodwill and other intangibles
$87,411Life insurance assets
$1,827All other assets
$61,472Total liabilities and capital
$60,186Total liabilities
$59,152Total deposits
$60,186Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,286Subordinated debt
$25,939All other liabilities
$25,939Total equity capital
$25,939Total bank equity capital
$0Perpetual preferred stock
$25,714Common stock
$0Surplus
$225Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,129Income earned, not collected on loans
$0Earning assets
$204Long-term assets (5+ years)
$80,801Average Assets, year-to-date
$42,586Average Assets, quarterly
$85,949Volatile liabilities
$86,652Insider loans
$45,169FHLB advances
$86,913Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$25,713Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$190Restructured Loans and leases
$1,291Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,602Total interest income
$740Total interest expense
$2,862Net interest income
$367Provision for loan and lease losses
-$63Total noninterest income
$0Fiduciary activities
$17Service charges on deposit accounts
$0Trading account gains & fees
-$80Additional noninterest income
$1,896Total noninterest expense
$690Salaries and employee benefits
$73Premises and equipment expense
$1,133Additional noninterest expense
$536Pre-tax net operating income
$0Securities gains (losses)
$138Applicable income taxes
$398Income before extraordinary items
$0Extraordinary gains - net
$398Net income attributable to bank
$0Net charge-offs
$398Cash dividends
$380Sale, conversion, retirement of capital stock, net
$100Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.46%Yield on earning assets
0.92%Cost of funding earning assets
3.55%Net interest margin
-0.08%Noninterest income to earning assets
2.35%Noninterest expense to earning assets
0.46%Net operating income to assets
0.46%Return on assets (ROA)
0.62%Pretax return on assets
1.55%Return on equity (ROE)
1.16%Retained earnings to average equity (YTD only)
0.72%Net charge-offs to loans
96.58%Credit loss provision to net charge-offs
2.38%Efficiency ratio
67,738Assets per employee
9.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
25.13%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
52.61%Noncurrent assets plus other real estate owned to assets
1.72%Noncurrent loans to loans
2.12%Net loans and leases to deposits
87.46%Net loans and leases to core deposits
89.81%Equity capital to assets
29.67%Core capital (leverage) ratio
29.58%Tier 1 risk-based capital ratio
56.93%Total risk-based capital ratio
Memoranda
$58Average assets
$85,949Average earning assets
$25,746Average equity
$80,691Average loans
List of branches
1 Ohio Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
41389
Valley Central Savings Bank
115 West Benson Street, Reading, OH 45215
January 01, 1884
Full Service Brick and Mortar
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