Buckeye State Bank

Buckeye State Bank operates with a thinner capital cushion than most banks of its size. The Powell, Ohio bank had $569 million in assets at June 30, 2026, up 13.6% from a year earlier. It funds 8.16% of its assets with Tier 1 capital, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 10.99%). It also holds commercial real estate loans worth 2.8 times its capital, 2.3 times the median of 1.2 times for banks its size. It has also been growing, with assets up 13.6% in a year.

Problem loans have nearly tripled in a year: loans on nonaccrual or 90 or more days past due, net of government guarantees are 0.30% of loans, against 0.04% a year earlier. Paper losses on its bond portfolio are shrinking: unrealized losses of $8.0 million equal 18% of Tier 1 capital, down from 25% a year earlier. Profitability lags: it earns about $0.55 a year on every $100 of assets, about half the median of $1.28 for banks its size.

As of June 30, 2026, Buckeye State Bank reported a CET1 capital ratio of 11.36%, a return on assets of 0.55%, a nonperforming-loan ratio of 0.30% and a Texas ratio of 2.38%. The figures come from its call report filed with the FFIEC.