Fifth Third Savings Bank of Northern Ohio in city_name, state_name

Fifth Third Savings Bank of Northern Ohio in Kent, Ohio (OH)
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Fifth Third Savings Bank of Northern Ohio - Overview

General
FDIC Certificate #: 28184
Status: Inactive
Closing history: Corrections
Acquiring institution: Fifth Third Bank of Northeastern Ohio (#34000)
Federal Reserve ID: 680671
Date Established: January 01, 1888
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 1079
FDIC's unique #: 41018
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: March 24, 1937
Last Structure Change Effective Date: January 04, 1997
Last Structure Change Process Date: January 22, 1997
Last Data Update: September 02, 1999
Data Source Date: April 05, 2012
Location
Address: 1597 South Water Street, Kent, OH 44240
County: Portage
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): Akron, OH (#80)
Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28)
Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184)
Core Based Statistical Area (CBSA): Akron, OH (#10420)
CBSA Metro Statistical Area: Akron, OH (#10420)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $212.0 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)
$5Total assets
$212,022Cash and due from depository institutions
$6,151Interest-bearing balances
$5,976Securities
$195,998Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$2Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$639Other real estate owned
$0Goodwill and other intangibles
$9,232Life insurance assets
$0All other assets
$0Total liabilities and capital
$212,022Total liabilities
$180,485Total deposits
$22,559Interest-bearing deposits
$22,559Deposits held in domestic offices
22559.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$150,768Subordinated debt
$0All other liabilities
$7,158Total equity capital
$7,158Total bank equity capital
$31,537Perpetual preferred stock
$0Common stock
$18,252Surplus
$0Undivided profits
Memoranda
$13,285Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$201,976Long-term assets (5+ years)
$0Average Assets, year-to-date
$230,983Average Assets, quarterly
$215,551Volatile liabilities
$154,339Insider loans
$0FHLB advances
$20,000Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$28,814Total risk weighted assets
$41,849Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$16,270Total interest expense
$11,934Net interest income
$4,336Provision for loan and lease losses
$0Total noninterest income
$446Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$446Total noninterest expense
$4,589Salaries and employee benefits
$121Premises and equipment expense
$111Additional noninterest expense
$4,357Pre-tax net operating income
$193Securities gains (losses)
$0Applicable income taxes
$56Income before extraordinary items
$137Extraordinary gains - net
$15Net income attributable to bank
$152Net charge-offs
$0Cash dividends
$0Sale, 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
7.35%Cost of funding earning assets
5.39%Net interest margin
1.96%Noninterest income to earning assets
0.20%Noninterest expense to earning assets
2.07%Net operating income to assets
0.06%Return on assets (ROA)
0.07%Pretax return on assets
0.09%Return on equity (ROE)
0.49%Retained earnings to average equity (YTD only)
0.49%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
95,964Assets per employee
42.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.01%Net loans and leases to core deposits
0.01%Equity capital to assets
14.87%Core capital (leverage) ratio
13.77%Tier 1 risk-based capital ratio
68.85%Total risk-based capital ratio
Memoranda
$69Average assets
$230,983Average earning assets
$31,181Average equity
$221,227Average loans

Fifth Third Savings Bank of Northern Ohio in Kent, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

Fifth Third Savings Bank of Northern Ohio - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

Fifth Third Savings Bank of Northern Ohio in Kent, Ohio (OH)Overview, Financial Summary, Detailed Financial Reports, Branches

Fifth Third Savings Bank of Northern Ohio - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

Fifth Third Savings Bank of Northern Ohio in Kent, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches