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Citizens Bank of Logan, The

Logan, OH · Cert 18418

FDIC · 3 branches

Q1 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2019, the quarter ended March 31, 2019, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Citizens Bank of Logan, The

Logan, OH · Cert 18418

FDIC · 3 branches

Q1 2019

$203.2MAssets
$180.5MLoans
$181.7MDeposits
$19.7MEquity
Loan mix
86%RE $124.3M6%C&I $8.9M8%Consumer $11.9MQ1 2018Q1 2019
Deposit mix
80%Interest-bearing $146.1M20%Noninterest $35.7MQ1 2018Q1 2019

NIM

4.45%Q1 ’174.46%Q1 ’184.72%Q1 ’19-4%+1%

Non-interest income vs. expense

3.59%Q1 ’173.32%Q1 ’183.02%Q1 ’19-7%-8%

Market Position · Columbus, OH · 2018 SOD (annual) · 0.2% share · #24 of 52 inst. · $0.2B of $67.2B

44.1% Hocking
2.1% Athens

Executive Summary

  • Earnings: ROA of 1.07%, up 21 bps year over year; NIM at 3.93%.
  • Asset quality: problem loans at 0.34% of loans (-58 bps YoY), with net charge-offs at 0.11%.
  • Capital: tier 1 leverage ratio of 9.51%, up 33 bps from a year ago.
  • Funding: loans stand at 99.33% of deposits as of Q1 2019.

Financial Results

Return on Assets (YTD, annualized)

1.07%+21 bps YoY

Net Interest Margin (YTD, annualized)

3.93%+4 bps YoY

Efficiency Ratio (YTD, annualized)

69.27%-657 bps YoY

Tier 1 Leverage Ratio

9.51%+33 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2018Q2 2018Q3 2018Q4 2018Q1 2019YoY ΔTrend
Earnings
Return on Assets0.86%0.86%0.99%0.98%1.07%+21 bps
Return on Equity9.20%9.29%10.61%10.44%11.21%+200 bps
Net Interest Margin3.89%3.81%3.82%3.81%3.93%+4 bps
Efficiency Ratio75.84%75.64%72.51%72.67%69.27%-657 bps
Non-Interest Burden2.81%2.74%2.61%2.62%2.58%-23 bps
Growth
Asset Growth (YoY)4.22%5.93%4.37%6.45%7.01%+279 bps
Loan Growth (YoY)7.02%7.36%9.93%10.46%7.33%+31 bps
Deposit Growth (YoY)4.11%6.05%4.17%5.56%6.76%+265 bps
Asset Quality
Nonperforming Loans / Loans0.93%0.53%0.54%0.39%0.34%-58 bps
Net Charge-Offs / Loans-0.08%-0.03%-0.07%0.01%0.11%+19 bps
Allowance / Loans0.98%0.95%0.96%0.86%0.86%-12 bps
Allowance Coverage of NPLs1.1x1.8x1.8x2.2x2.5x+1.5x
Capital
Tier 1 Leverage Ratio9.18%9.14%9.27%9.14%9.51%+33 bps
Total Risk-Based Capital12.82%12.97%13.18%12.84%13.51%+69 bps
Equity / Assets9.42%9.25%9.45%9.38%9.72%+30 bps
Liquidity & Funding
Loans / Deposits98.81%97.20%99.99%102.42%99.33%+53 bps
Liquid Assets / Assets1.56%3.55%1.88%0.20%2.61%+105 bps
CRE / Total Capitaln/an/an/an/an/an/an/a