The institution and its ownership model
The Old Fort Banking Company is headquartered at 8034 Main Street in Old Fort, Ohio. FDIC certificate 10255 identifies the state-chartered commercial bank, which is a state nonmember institution under FDIC federal supervision. Its parent is Gillmor Financial Services, Inc., identified in the bank’s CRA public file as a one-bank holding company. [1][7]
Founded in 1916, Old Fort describes itself as employee-owned. The mechanism is an Employee Stock Ownership and 401(k) Plan, commonly called an ESOP, holding shares in Gillmor. According to the bank, the plan acquired 45% of the holding company’s common stock in 2015 and increased that stake to 64% in 2021. The latter transaction established majority control. Those percentages are dated milestones rather than a newly measured ownership percentage. [3]
A network spanning northern and southwestern Ohio
The bank lists ten financial centers across nine communities: Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. Tiffin has both Downtown and Westgate locations. The footprint combines a northern Ohio home market with offices serving communities around the Dayton area, giving the business a geographic reach larger than its headquarters village might suggest. [4]
The official directory distinguishes branch listings from ATM locations. That matters when describing customer access: a standalone ATM is not equivalent to a full-service financial center. The current list is also more useful for locating service than an undated description of the counties a bank markets to, since a service area can extend beyond places with an office. [4]
Commercial lending and healthcare banking
Old Fort offers business real-estate loans, term loans, revolving lines of credit and agricultural loans. Its current website also features a separate healthcare-banking offering. In a message to healthcare providers, President and CEO Michael C. Spragg describes financing for new equipment, buildings and growth capital, alongside an emphasis on a continuing banker-client relationship. [5][6]
The healthcare positioning addresses a particular business customer group rather than a separate chartered bank. A medical practice can have equipment, property and working-capital requirements in addition to the personal banking needs of its owners. Old Fort says it designs services around those needs. The public materials establish this specialization as an offering; they do not disclose a healthcare loan balance or demonstrate that the segment dominates the portfolio. [5]
Household products and payment activity
The retail menu includes checking, savings, money-market accounts, certificates of deposit and retirement accounts. Borrowing options include home mortgages, home-equity products, vehicle financing and personal term loans. Old Fort’s mortgage website is linked from its main banking site, while the credit-card disclosure identifies Elan Financial Services as the card creditor and issuer. [6]
That issuer disclosure is an important boundary: distributing or marketing a card does not necessarily mean Old Fort holds the card receivables. The bank also maintains online and mobile banking access and public resources on fraud. Its website highlights fraudulent wire instructions, fake invoices and impersonation messages as practical risks for business and household payments. Those warnings describe customer-facing fraud threats, not evidence of a breach at the bank. [6]
Financial scale and business mix
At June 30, 2026, Old Fort reported assets of $843.865 million and deposits of $781.790 million in the FDIC’s bank-level financial data. These are quarter-end balances for the insured bank, rather than the value of the employee ownership plan or assets held by the charitable foundation. The common reporting date permits size comparisons without mixing current bank totals with older parent-company disclosures. Net loans and leases were $479.555 million. Bank net income totaled $6.121 million for January through June 2026; that earnings figure covers six months, not the second quarter alone. [2]
The April 2023 FDIC CRA evaluation described home mortgages and commercial lending as the institution’s focus. Its December 31, 2022 portfolio table showed that real-estate-secured lending accounted for 78.9% of total loans. That dated observation helps explain the franchise’s lending orientation but should not be presented as its June 2026 mix. [7]
Community-credit review and its limits
The bank’s 2026 public file contains an FDIC CRA evaluation dated April 11, 2023. The FDIC assigned Satisfactory ratings overall and for both the lending and community-development tests. Its assessment covered community credit needs across the bank’s defined assessment areas. These include northern Ohio communities and the Dayton and Toledo metropolitan contexts. [7]
The evaluation distinguishes a CRA judgment from a safety-and-soundness assessment. Community lending performance does not substitute for current loan-quality, or capital data. Majority employee ownership describes governance and economic participation; it does not independently establish a particular risk level. [3][7]
A current community-development example
Old Fort and the Gillmor Charitable Foundation announced three scholarship recipients for 2026, supporting attendance at Heidelberg University, Tiffin University and the University of Findlay. The announcement is a concrete example of the organizations’ continuing involvement in education within the bank’s wider northern Ohio market. It documents scholarship awards rather than a bank acquisition or a new financial-center opening. [8]
The foundation and bank are presented as joint participants, so the activity should be attributed to both rather than assumed to be funded entirely from the bank’s balance sheet. The announcement does not supply a combined award amount. Keeping that boundary clear allows the community activity to be reported without inventing a dollar total or confusing charitable commitments with the operating bank’s financial scale. [8]
Sources
- FDIC BankFind: legal identity and charterOfficial sourceBack to text: ↑
- FDIC: bank financials, June 30, 2026Official sourceBack to text: ↑
- Old Fort: history, employee ownership and marketsSourceBack to text: ↑1↑2↑3
- Old Fort: financial-center locationsSourceBack to text: ↑1↑2
- Old Fort: healthcare banking message from the CEOSourceBack to text: ↑1↑2
- Old Fort: current banking productsSourceBack to text: ↑1↑2↑3
- Old Fort: 2026 CRA public file with April 11, 2023 FDIC evaluationSource · PDFBack to text: ↑1↑2↑3↑4↑5
- Old Fort and Gillmor Foundation: 2026 scholarshipsSourceBack to text: ↑1↑2