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Statement of Condition

September 30, 2009

 

Assets

Liabilities And Capital

Mortgage Loans

$78,263,978

Deposits

$105,620,919

All Other Loans

$8,119,442

Borrowed Money

$0

Cash and Securities

$24,712,681

Other Liabilities

$1,398,647

Buildings and Equipment (net) 

$2,878,064

General Reserves

$657,645

Other Assets

$3,280,773

Unallocated Reserves

$9,577,727

Total Assets

$117,254,938

Total Liabilities
& Capital

$117,254,938

Footnote: This statement has been prepared in accordance with the regulatory reporting requirements of the Office of Thrift Supervision (OTS). Total Risk-Based Capital, Tier 1 Capital, Tangible and Core Capital are the elements of regulatory capital determined under such reporting requirements. Regulatory capital is a basis by which the OTS determines whether a savings association is operating in a safe and sound manner.

 

 

Actual

For Capital
Adequacy Purposes

To Be Considered Well Capitalized
Under Prompt Correction Action Provisions

As of Sept. 30, 2009:

Amount

Rate

Amount

Rate

Amount

Rate

Total Risk-Based Capital
(to risk-based assets)

$10,802

15.8%

$5,463

8.0%

$6,829

10.0%

Tier 1 Capital (to risk-based assets)

$10,411

15.3%

 $2,732

4.0%

 $4,097

  6.0%

Core Capital (to adjusted tangible assets)

$10,411

 8.8%

  $4,711

4.0%

  $5,899

  5.0%

Tangible Capital (to tangible assets)

  $10,411

8.8%

$1,767

1.5%

N/A

N/A

Copies of the annual audited financial statements are available at Mercer Savings Bank, 1100 Irmscher Blvd., Celina, Ohio 45822-8308.  The statements may be requested in person or in writing by the payment of a nominal copying fee.

I, J. Douglas Temple, President/CEO, of the above-named savings association, do hereby declare that this Statement of Condition has been prepared in conformance with the instructions issued by the Office of Thrift Supervision and is true to the best of my knowledge and belief.

J. Douglas Temple

President/CEO


 

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Mercer Savings Bank has been your community financial institution since 1888 providing friendly and personal service to individuals and businesses in Auglaize, Mercer, and Darke counties in Ohio. We strive to provide fast, friendly and confidential service to our customers through our seven branch locations. Please take the time to get acquainted with our company and the services we provide.