Valley Savings Bank in Cuyahoga Falls, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

Valley Savings Bank - Overview

  • General
  • FDIC Certificate #: 30693
    Status: Active
    Federal Reserve ID: 609373
    Date Established: January 01, 1923
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 5757
    FDIC's unique #: 43527
    Numeric code: 41
    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: Commercial Lending Specialization
    Date of Deposit Insurance: August 02, 1957
    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: Portage Trail And Second Street, Cuyahoga Falls, OH 44222
    County: Summit
    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): Akron, OH (#80)
    Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28)
    Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184)
    Core Based Statistical Area (CBSA): Akron, OH (#10420)
    CBSA Metro Statistical Area: Akron, OH (#10420)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $108.4 mil
    Equity capital: $10.5 mil
    Deposits held in domestic offices: $90.7 mil
    Return on assets (ROA): 0.81% ($0.9 mil)
    Quarterly return on assets: 0.88% ($1.0 mil)
    Return on Equity (ROE): 8.70% ($0.9 mil)
    Quarterly return on equity: 9.20% ($0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.18% ($1,278.8 mil)
    Quarterly Pretax return on assets: 1.29% ($1,398.1 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
  • 29Total employees (full-time equivalent)
  • $108,376Total assets
  • $3,452Cash and due from depository institutions
  • $230Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $97,595Net loans & leases
  • $883Loan loss allowance
  • $0Trading account assets
  • $559Bank premises and fixed assets
  • $128Other real estate owned
  • $184Goodwill and other intangibles
  • $108,376Life insurance assets
  • $6,458All other assets
  • $97,909Total liabilities and capital
  • $90,709Total liabilities
  • $80,879Total deposits
  • $90,709Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,300Trading liabilities
  • $0Other borrowed funds
  • $900Subordinated debt
  • $10,467All other liabilities
  • $10,467Total equity capital
  • $10,467Total bank equity capital
  • $0Perpetual preferred stock
  • $114Common stock
  • $0Surplus
  • $10,353Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $530Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $627Income earned, not collected on loans
  • $0Earning assets
  • $367Long-term assets (5+ years)
  • $97,825Average Assets, year-to-date
  • $45,609Average Assets, quarterly
  • $107,057Volatile liabilities
  • $107,917Insider loans
  • $81,877FHLB advances
  • $107,555Loans and leases held for sale
  • $3,139Unused loan commitments
  • $2,444Tier 1 (core) risk-based capital
  • $10,467Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $695Total unused commitments
  • $15,126Restructured Loans and leases
  • $1,901Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,473Total interest income
  • $838Total interest expense
  • $4,635Net interest income
  • $209Provision for loan and lease losses
  • $755Total noninterest income
  • $0Fiduciary activities
  • $271Service charges on deposit accounts
  • $0Trading account gains & fees
  • $484Additional noninterest income
  • $3,918Total noninterest expense
  • $1,864Salaries and employee benefits
  • $587Premises and equipment expense
  • $1,467Additional noninterest expense
  • $1,263Pre-tax net operating income
  • $0Securities gains (losses)
  • $391Applicable income taxes
  • $872Income before extraordinary items
  • $0Extraordinary gains - net
  • $872Net income attributable to bank
  • $0Net charge-offs
  • $872Cash dividends
  • $140Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.65%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 4.79%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 4.05%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 8.70%Return on equity (ROE)
  • 8.70%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 149.29%Credit loss provision to net charge-offs
  • 10.51%Efficiency ratio
  • 72,690Assets per employee
  • 3.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 140.83%Noncurrent assets plus other real estate owned to assets
  • 0.70%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 107.59%Net loans and leases to core deposits
  • 108.39%Equity capital to assets
  • 9.66%Core capital (leverage) ratio
  • 9.73%Tier 1 risk-based capital ratio
  • 12.78%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $107,057Average earning assets
  • $10,023Average equity
  • $96,793Average loans

List of branches

  • 2 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043527Valley Savings BankPortage Trail And Second Street, Cuyahoga Falls, OH 44222January 01, 1923Full Service Brick and Mortar
    1281711Graham Road Branch505 Graham Road, Cuyahoga Falls, OH 44221January 13, 1997Full Service Brick and Mortar

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