A bank's earnings performance affects its long-term survivability. Earnings can be retained by the bank, giving a boost to its capital cushion, or be used to address problematic loans, likely making the bank better prepared to withstand financial shocks. Banks that are losing money, however, have less ability to do those things.
On Bankrate's earnings test, The First Citizens National Bank of Upper Sandusky scored 0 out of a possible 30, failing to reach the national average of 15.12.
One important measure of a bank's earnings is return on equity, or net income (essentially profit) divided by the total amount of equity. The most recent annualized quarterly return on equity for The First Citizens National Bank of Upper Sandusky was -2.19 percent, below the national average of 8.10 percent.
The bank reported net income of $-889,000 on total equity of $38.7 million for the twelve months ended December 31, 2017. The bank reported an annualized return on average assets, or ROA, of -0.34 percent, below the 1 percent deemed satisfactory in accordance with industry standards and below the average for U.S. banks of 1.00 percent.