Bank 2000 in Minerva, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 30, 1994

Bank 2000 in Minerva, Ohio (OH)
Show street view No street view available for this location

Bank 2000 - Overview

General
FDIC Certificate #: 15373
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: National City Bank, Northeast (#10254)
Federal Reserve ID: 419321
Date Established: January 01, 1915
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Interstate: No)
FDIC's unique #: 9698
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: April 03, 1936
Last Structure Change Effective Date: April 30, 1994
Last Structure Change Process Date: May 24, 1994
Last Data Update: May 24, 1994
Data Source Date: April 05, 2012
Location
Address: 108 North Main Street, Minerva, OH 44657
County: Stark
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Columbus
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Canton-Massillon, OH (#1320)
Core Based Statistical Area (CBSA): Canton-Massillon, OH (#15940)
CBSA Metro Statistical Area: Canton-Massillon, OH (#15940)
Financial Summary
Total assets: $55.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$38Total assets
$58,050Cash and due from depository institutions
$2,608Interest-bearing balances
$0Securities
$47Federal funds sold & reverse repurchase agreements
$27,650Net loans & leases
$24,736Loan loss allowance
$597Trading account assets
$0Bank premises and fixed assets
$765Other real estate owned
$0Goodwill and other intangibles
$472Life insurance assets
$1,772All other assets
$0Total liabilities and capital
$58,050Total liabilities
$52,569Total deposits
$50,983Interest-bearing deposits
$46,121Deposits held in domestic offices
50983.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$514Subordinated debt
$0All other liabilities
$1,072Total equity capital
$1,072Total bank equity capital
$5,481Perpetual preferred stock
$0Common stock
$440Surplus
$5,049Undivided profits
Memoranda
$-8Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$10Income earned, not collected on loans
$134Earning assets
$52,433Long-term assets (5+ years)
$10,664Average Assets, year-to-date
$55,769Average Assets, quarterly
$56,628Volatile liabilities
$2,219Insider loans
$152FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,067Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,709Total risk weighted assets
$25,675Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$867Total interest expense
$429Net interest income
$438Provision for loan and lease losses
$30Total noninterest income
$113Fiduciary activities
$0Service charges on deposit accounts
$57Trading account gains & fees
$0Additional noninterest income
$56Total noninterest expense
$479Salaries and employee benefits
$219Premises and equipment expense
$41Additional noninterest expense
$219Pre-tax net operating income
$42Securities gains (losses)
$0Applicable income taxes
$50Income before extraordinary items
-$8Extraordinary gains - net
$0Net income attributable to bank
-$8Net charge-offs
-$15Cash dividends
$550Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
1.67%Cost of funding earning assets
0.83%Net interest margin
0.84%Noninterest income to earning assets
0.22%Noninterest expense to earning assets
0.92%Net operating income to assets
-0.01%Return on assets (ROA)
-0.01%Pretax return on assets
0.08%Return on equity (ROE)
-0.19%Retained earnings to average equity (YTD only)
-13.24%Net charge-offs to loans
-0.05%Credit loss provision to net charge-offs
-200.00%Efficiency ratio
82,940Assets per employee
1.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
-6875.00%Loss allowance to loans
2.36%Loss allowance to noncurrent loans
5970.00%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.04%Net loans and leases to deposits
48.52%Net loans and leases to core deposits
50.20%Equity capital to assets
9.44%Core capital (leverage) ratio
6.59%Tier 1 risk-based capital ratio
14.45%Total risk-based capital ratio
Memoranda
$16Average assets
$55,769Average earning assets
$4,214Average equity
$51,957Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank 2000.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.