Fifth Third Bank of Northeastern Ohio in Cleveland, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 02, 1998

  • Fifth Third Bank of Northeastern Ohio in Cleveland, Ohio (OH)
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Fifth Third Bank of Northeastern Ohio - Overview

  • General
  • FDIC Certificate #: 34000
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Fifth Third Bank, Northwestern Ohio, National Association (#776)
    Federal Reserve ID: 1423978
    Date Established: April 01, 1995
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 56 (Interstate: No)
    FDIC's unique #: 55578
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 01, 1995
    Last Structure Change Effective Date: January 02, 1998
    Last Structure Change Process Date: January 21, 1998
    Last Data Update: September 02, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1404 East Ninth Street, Cleveland, OH 44114
    County: Cuyahoga
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $2,519.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 524Total employees (full-time equivalent)
  • $2,519,829Total assets
  • $58,818Cash and due from depository institutions
  • $1,000Interest-bearing balances
  • $840,065Securities
  • $100Federal funds sold & reverse repurchase agreements
  • $1,442,168Net loans & leases
  • $17,552Loan loss allowance
  • $0Trading account assets
  • $17,186Bank premises and fixed assets
  • $256Other real estate owned
  • $145,313Goodwill and other intangibles
  • $0Life insurance assets
  • $15,923All other assets
  • $2,519,829Total liabilities and capital
  • $2,174,598Total liabilities
  • $2,001,218Total deposits
  • $1,860,546Interest-bearing deposits
  • $2,001,218Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $95,589Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $77,791All other liabilities
  • $345,231Total equity capital
  • $345,231Total bank equity capital
  • $345,231Perpetual preferred stock
  • $0Common stock
  • $10,000Surplus
  • $292,199Undivided profits
  • Memoranda
  • $43,032Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,567Earning assets
  • $0Long-term assets (5+ years)
  • $4,415Average Assets, year-to-date
  • $2,283,333Average Assets, quarterly
  • $803,692Volatile liabilities
  • $2,508,760Insider loans
  • $2,478,750FHLB advances
  • $221,296Loans and leases held for sale
  • $3,919Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,651Total risk weighted assets
  • $314,321Total unused commitments
  • $0Restructured Loans and leases
  • $1,474,616Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $173,346Total interest income
  • $91,902Total interest expense
  • $81,444Net interest income
  • $6,523Provision for loan and lease losses
  • $16,872Total noninterest income
  • $601Fiduciary activities
  • $7,173Service charges on deposit accounts
  • $0Trading account gains & fees
  • $9,098Additional noninterest income
  • $53,581Total noninterest expense
  • $18,088Salaries and employee benefits
  • $5,646Premises and equipment expense
  • $29,847Additional noninterest expense
  • $38,212Pre-tax net operating income
  • $601Securities gains (losses)
  • $13,482Applicable income taxes
  • $25,331Income before extraordinary items
  • $0Extraordinary gains - net
  • $25,331Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $4,659Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.77%Yield on earning assets
  • 4.12%Cost of funding earning assets
  • 3.65%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 2.40%Noninterest expense to earning assets
  • 0.99%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.55%Pretax return on assets
  • 7.76%Return on equity (ROE)
  • 7.76%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 140.01%Credit loss provision to net charge-offs
  • 9.60%Efficiency ratio
  • 43,182Assets per employee
  • 4.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 315.29%Noncurrent assets plus other real estate owned to assets
  • 0.23%Noncurrent loans to loans
  • 0.38%Net loans and leases to deposits
  • 72.06%Net loans and leases to core deposits
  • 76.89%Equity capital to assets
  • 13.70%Core capital (leverage) ratio
  • 8.39%Tier 1 risk-based capital ratio
  • 13.21%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $2,508,760Average earning assets
  • $326,612Average equity
  • $2,231,007Average loans

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