Institution Statistics
| First Bank of Ohio | | FDIC Certificate # | 9450 | | BankRate Report | View | | Year Established | 1873 | | Employees | 39 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $164.91 million | | Loans | $53.99 million | | Deposits | $106.99 million | | Equity Capital | $56.81 million | | Loan Loss Allowance | $1.63 million | | Unbacked Noncurrent Loans | $354,000 | | Real Estate Owned | $187,000 |
Historic Data - December 2011 | | Assets | $159.87 million | | Equity Capital | $54.85 million | | Loan Loss Allowance | $1.55 million | | Unbacked Noncurrent Loans | $356,000 | | Real Estate Owned | $145,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.89% | | Return on Assets | 1.15% | | Return on Equity | 3.34% | | Interest Income | $6.70 million |
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Institution Health
Overall Score:
5 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 First Bank of Ohio had $541,000 in non-current loans and owned real-estate with $58.44 million in equity and loan loss allowances on hand to cover it. This gives First Bank of Ohio a Texas Ratio of 0.93% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for First Bank of Ohio held steady from 0.89% as of December 31, 2011 to 0.93% as of December 31, 2012, resulting in a negative change of 4.21%. This indicates that the balance sheet and financial strength for First Bank of Ohio has held steady in recent periods. | | Deposit Growth |  | | In the past year, First Bank of Ohio has increased its total deposits by $2.83 million, resulting in 2.72% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Bank of Ohio has shown is above average. | | Capitalization | | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Bank of Ohio has $164.9 million in assets with $58.44 million in equity, resulting in a capitalization level of 35.44%, which is excellent. |
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Average User Rating:
- oldfart9675 - Tuesday, February 5, 2013 - 7:58 AM
AVOID THIS BANK AT ALL COSTS
Do not bank here. I have a car loan at this organization and they frequently lose payments and refuse to work with their customers. They charge late fees even if you fax proof from another financial organization of payment. They do not utilize electronic payment methods. Their support staff was abusive and terrible to work with, even after my normal bank called, they refused to have anythign to do with it.
Take my advice, do NOT bank here.