EST National Bank in Elyria, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 14, 1997

  • EST National Bank in Elyria, Ohio (OH)
  • Show street view No street view available for this location

EST National Bank - Overview

  • General
  • FDIC Certificate #: 14916
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Firstmerit Bank, National Association (#13675)
    Federal Reserve ID: 805317
    Date Established: April 06, 1901
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 20 (Interstate: No)
    OTS Docket #: 12356
    FDIC's unique #: 9343
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 11, 1934
    Last Structure Change Effective Date: October 14, 1997
    Last Structure Change Process Date: December 30, 1997
    Last Data Update: December 30, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: Broad And Court Streets, Elyria, OH 44036
    County: Lorain
    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): Cleveland-Lorain-Elyria, OH (#1680)
    Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28)
    Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184)
    Core Based Statistical Area (CBSA): Cleveland-Elyria-Mentor, OH (#17460)
    CBSA Metro Statistical Area: Cleveland-Elyria-Mentor, OH (#17460)
  • Financial Summary
  • Total assets: $525.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $210Total assets
  • $514,314Cash and due from depository institutions
  • $21,437Interest-bearing balances
  • $13Securities
  • $93,680Federal funds sold & reverse repurchase agreements
  • $28,965Net loans & leases
  • $350,380Loan loss allowance
  • $4,614Trading account assets
  • $0Bank premises and fixed assets
  • $11,547Other real estate owned
  • $0Goodwill and other intangibles
  • $8,305Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $514,314Total liabilities
  • $476,927Total deposits
  • $440,441Interest-bearing deposits
  • $345,319Deposits held in domestic offices
  • 440441.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $16,495Trading liabilities
  • $0Other borrowed funds
  • $14,518Subordinated debt
  • $0All other liabilities
  • $5,473Total equity capital
  • $5,473Total bank equity capital
  • $37,387Perpetual preferred stock
  • $0Common stock
  • $4,525Surplus
  • $12,475Undivided profits
  • Memoranda
  • $20,387Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,456Income earned, not collected on loans
  • $2,134Earning assets
  • $473,038Long-term assets (5+ years)
  • $122,034Average Assets, year-to-date
  • $499,717Average Assets, quarterly
  • $504,107Volatile liabilities
  • $73,567Insider loans
  • $7,254FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $88,881Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $37,374Total risk weighted assets
  • $394,547Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $36,812Total interest expense
  • $12,591Net interest income
  • $24,221Provision for loan and lease losses
  • $2,090Total noninterest income
  • $6,652Fiduciary activities
  • $963Service charges on deposit accounts
  • $2,914Trading account gains & fees
  • $0Additional noninterest income
  • $2,775Total noninterest expense
  • $19,635Salaries and employee benefits
  • $6,402Premises and equipment expense
  • $2,600Additional noninterest expense
  • $10,633Pre-tax net operating income
  • $9,148Securities gains (losses)
  • $0Applicable income taxes
  • $2,854Income before extraordinary items
  • $6,294Extraordinary gains - net
  • $0Net income attributable to bank
  • $6,294Net charge-offs
  • $1,550Cash dividends
  • $5,600Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.09%Cost of funding earning assets
  • 2.77%Net interest margin
  • 5.32%Noninterest income to earning assets
  • 1.46%Noninterest expense to earning assets
  • 4.32%Net operating income to assets
  • 1.26%Return on assets (ROA)
  • 1.26%Pretax return on assets
  • 1.83%Return on equity (ROE)
  • 16.37%Retained earnings to average equity (YTD only)
  • 1.81%Net charge-offs to loans
  • 0.45%Credit loss provision to net charge-offs
  • 134.84%Efficiency ratio
  • 62,475Assets per employee
  • 2.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.97%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 187.87%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 0.69%Net loans and leases to deposits
  • 79.55%Net loans and leases to core deposits
  • 88.15%Equity capital to assets
  • 7.27%Core capital (leverage) ratio
  • 7.50%Tier 1 risk-based capital ratio
  • 9.47%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $499,717Average earning assets
  • $38,437Average equity
  • $454,953Average loans

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