First City Bank (OH)

First City Bank (OH) is headquartered in Columbus and is the 193^rd largest bank in the state of Ohio. It is also the 6,030^th largest bank in the nation. It was established in 1907 and as of March of 2012, it had grown to 11 employees at 1 location. First City Bank (OH) has a 3-star health rating.

First City Bank (OH) Checking Account Rates

First City Bank (OH) Savings Account Rates

First City Bank (OH) Money Market Rates

First City Bank (OH) CD Rates

First City Bank (OH) IRA Rates

Data for Q1 2012

Institution Statistics First City Bank FDIC Certificate # 741 BankRate Report View Year Established 1907 Employees 11 Primary Regulator FDIC Assets and Liabilities Assets $61.55 million Loans $43.75 million Deposits $49.56 million Equity Capital $6.34 million Loan Loss Allowance $683,000 Unbacked Noncurrent Loans $712,000 Historic Data - March 2011 Assets $59.31 million Equity Capital $5.75 million Loan Loss Allowance $574,000 Unbacked Noncurrent Loans $292,000 Profit Margin - Quarterly Net Interest Margin 3.85% Return on Assets 1% Return on Equity 9.89% Interest Income $705,000

Institution Health Overall Score: 3 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 March 31, 2012 First City Bank (OH) had $712,000 in non-current loans and owned real-estate with $7.02 million in equity and loan loss allowances on hand to cover it. This gives First City Bank (OH) a Texas Ratio of 10.14% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First City Bank (OH) increased slightly from 4.61% as of March 31, 2011 to 10.14% as of March 31, 2012, resulting in a negative change of 119.67%. This indicates that the balance sheet and financial strength for First City Bank (OH) has declined slightly in recent periods. Deposit Growth In the past year, First City Bank (OH) has decreased its total deposits by -$2.24 million, resulting in -4.32% 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 City Bank (OH) has shown is below 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 City Bank (OH) has $61.55 million in assets with $7.02 million in equity, resulting in a capitalization level of 11.41%, which is above average.

No reviews have been left for this bank yet. Be the first to review.