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

First Place Bank in Warren, Ohio (OH)
Show street view No street view available for this location

First Place Bank - Overview

General
FDIC Certificate #: 28216
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Place Bank (#32174)
Federal Reserve ID: 876371
Date Established: January 01, 1922
WWW: http://www.firstplacebank.net
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 1156
FDIC's unique #: 41050
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: January 24, 1936
Last Structure Change Effective Date: July 02, 2004
Last Structure Change Process Date: November 05, 2004
Last Data Update: November 05, 2004
Data Source Date: April 05, 2012
Location
Address: 185 East Market St, 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: $1,679.0 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, 2003)

Dollar figures in thousands
463Total employees (full-time equivalent)
$1,652,655Total assets
$27,425Cash and due from depository institutions
$1,500Interest-bearing balances
$331,813Securities
$0Federal funds sold & reverse repurchase agreements
$1,067,759Net loans & leases
$10,656Loan loss allowance
$0Trading account assets
$17,456Bank premises and fixed assets
$756Other real estate owned
$30,772Goodwill and other intangibles
$0Life insurance assets
$176,674All other assets
$1,652,655Total liabilities and capital
$1,500,393Total liabilities
$1,158,948Total deposits
$1,079,720Interest-bearing deposits
$1,158,948Deposits held in domestic offices
0.00%% insured (estimated)
$30,708Federal funds purchased & repurchase agreements
$0Trading liabilities
$302,988Other borrowed funds
$0Subordinated debt
$7,749All other liabilities
$152,262Total equity capital
$152,262Total bank equity capital
$152,262Perpetual preferred stock
$0Common stock
$48Surplus
$132,547Undivided profits
Memoranda
$19,667Noncurrent loans and leases
$264,981Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$13,499Earning assets
$0Long-term assets (5+ years)
$6,541Average Assets, year-to-date
$1,401,072Average Assets, quarterly
$0Volatile liabilities
$1,568,879Insider loans
$1,656,245FHLB advances
$733,166Loans and leases held for sale
$2,544Unused loan commitments
$296,179Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$264,981Total unused commitments
$1,503Restructured Loans and leases
$10,656Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$82,835Total interest income
$38,074Total interest expense
$44,761Net interest income
$3,828Provision for loan and lease losses
$4,942Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$4,942Additional noninterest income
$34,765Total noninterest expense
$18,580Salaries and employee benefits
$5,766Premises and equipment expense
$10,419Additional noninterest expense
$11,110Pre-tax net operating income
$13,949Securities gains (losses)
$8,066Applicable income taxes
$16,993Income before extraordinary items
$0Extraordinary gains - net
$16,993Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,909Sale, conversion, retirement of capital stock, net
$20,000Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.12%Yield on earning assets
2.82%Cost of funding earning assets
3.31%Net interest margin
0.37%Noninterest income to earning assets
2.57%Noninterest expense to earning assets
0.48%Net operating income to assets
1.08%Return on assets (ROA)
1.60%Pretax return on assets
11.22%Return on equity (ROE)
-1.99%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
200.52%Credit loss provision to net charge-offs
7.83%Efficiency ratio
67,990Assets per employee
3.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
117.70%Loss allowance to loans
0.99%Loss allowance to noncurrent loans
78.94%Noncurrent assets plus other real estate owned to assets
0.86%Noncurrent loans to loans
1.25%Net loans and leases to deposits
92.13%Net loans and leases to core deposits
140.59%Equity capital to assets
9.21%Core capital (leverage) ratio
8.25%Tier 1 risk-based capital ratio
12.37%Total risk-based capital ratio
Memoranda
$13Average assets
$1,568,879Average earning assets
$151,420Average equity
$1,352,446Average loans

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

First Place Bank - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

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

First Place Bank - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

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