First Place Bank in city_name, state_name - Detailed Financial Reports, Location

First Place Bank in Warren, Ohio (OH)
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First Place Bank - Overview

General
FDIC Certificate #: 27688
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Place Bank (#30045)
Federal Reserve ID: 876371
Date Established: January 01, 1920
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 114
FDIC's unique #: 40522
Numeric code: 37
Regulator: OTS
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: November 13, 1939
Last Structure Change Effective Date: November 26, 2007
Last Structure Change Process Date: January 04, 2008
Last Data Update: January 04, 2008
Data Source Date: April 05, 2012
Location
Address: 185 East Market Street, Warren, OH 44481
County: Trumbull
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): Youngstown-Warren, OH (#9320)
Combined Statistical Area (CSA): Youngstown-Warren-East Liverpool, OH-PA (#566)
Core Based Statistical Area (CBSA): Youngstown-Warren-Boardman, OH-PA (#49660)
CBSA Metro Statistical Area: Youngstown-Warren-Boardman, OH-PA (#49660)
Financial Summary
Total assets: $3,186.5 mil

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2006)

Dollar figures in thousands
747Total employees (full-time equivalent)
$3,057,363Total assets
$74,046Cash and due from depository institutions
$17,332Interest-bearing balances
$262,230Securities
$0Federal funds sold & reverse repurchase agreements
$2,476,364Net loans & leases
$23,193Loan loss allowance
$0Trading account assets
$36,287Bank premises and fixed assets
$3,748Other real estate owned
$117,134Goodwill and other intangibles
$30,278Life insurance assets
$87,554All other assets
$3,057,363Total liabilities and capital
$2,719,554Total liabilities
$2,172,666Total deposits
$1,905,141Interest-bearing deposits
$2,172,666Deposits held in domestic offices
0.00%% insured (estimated)
$67,489Federal funds purchased & repurchase agreements
$0Trading liabilities
$455,719Other borrowed funds
$0Subordinated debt
$23,680All other liabilities
$337,809Total equity capital
$337,809Total bank equity capital
$337,809Perpetual preferred stock
$0Common stock
$307Surplus
$246,010Undivided profits
Memoranda
$91,492Noncurrent loans and leases
$560,003Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$25,137Earning assets
$0Long-term assets (5+ years)
$13,294Average Assets, year-to-date
$2,755,926Average Assets, quarterly
$0Volatile liabilities
$1,418,696Insider loans
$3,026,937FHLB advances
$1,442,652Loans and leases held for sale
$1,689Unused loan commitments
$450,399Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$560,003Total unused commitments
$4,302Restructured Loans and leases
$23,193Derivatives

Income and Expense (December 31, 2006)

Dollar figures in thousands
$100,884Total interest income
$51,128Total interest expense
$49,756Net interest income
$3,521Provision for loan and lease losses
$8,374Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$8,374Additional noninterest income
$40,789Total noninterest expense
$20,047Salaries and employee benefits
$7,553Premises and equipment expense
$13,189Additional noninterest expense
$13,820Pre-tax net operating income
$3,286Securities gains (losses)
$5,773Applicable income taxes
$11,333Income before extraordinary items
$0Extraordinary gains - net
$11,333Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,877Sale, conversion, retirement of capital stock, net
$15,369Net operating income

Performance and Condition Ratios (December 31, 2006)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.87%Yield on earning assets
3.99%Cost of funding earning assets
3.88%Net interest margin
0.65%Noninterest income to earning assets
3.18%Noninterest expense to earning assets
0.65%Net operating income to assets
0.80%Return on assets (ROA)
1.21%Pretax return on assets
6.99%Return on equity (ROE)
-2.49%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
187.59%Credit loss provision to net charge-offs
9.24%Efficiency ratio
66,179Assets per employee
4.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
135.61%Loss allowance to loans
0.93%Loss allowance to noncurrent loans
92.27%Noncurrent assets plus other real estate owned to assets
0.94%Noncurrent loans to loans
1.01%Net loans and leases to deposits
113.98%Net loans and leases to core deposits
197.60%Equity capital to assets
11.05%Core capital (leverage) ratio
8.14%Tier 1 risk-based capital ratio
10.63%Total risk-based capital ratio
Memoranda
$12Average assets
$1,418,696Average earning assets
$162,197Average equity
$1,281,925Average loans

First Place Bank in Warren, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Place Bank - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

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First Place Bank in Warren, Ohio (OH)Overview, Financial Summary, Detailed Financial Reports, Branches

First Place Bank - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

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

First Place Bank in Warren, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches