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

This bank is inactive as of July 25, 2006

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

  • General
  • FDIC Certificate #: 32174
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Place Bank (#27688)
    Federal Reserve ID: 876371
    Date Established: September 29, 1983
    WWW: http://www.firstplacebank.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 17976
    FDIC's unique #: 45008
    Numeric code: 33
    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: September 29, 1983
    Last Structure Change Effective Date: July 25, 2006
    Last Structure Change Process Date: August 03, 2006
    Last Data Update: August 03, 2006
    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: $2,739.2 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, 2005)

  • Dollar figures in thousands
  • 658Total employees (full-time equivalent)
  • $2,608,141Total assets
  • $67,532Cash and due from depository institutions
  • $7,863Interest-bearing balances
  • $279,847Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $2,069,945Net loans & leases
  • $19,575Loan loss allowance
  • $0Trading account assets
  • $21,570Bank premises and fixed assets
  • $2,875Other real estate owned
  • $88,797Goodwill and other intangibles
  • $29,158Life insurance assets
  • $77,575All other assets
  • $2,608,141Total liabilities and capital
  • $2,358,968Total liabilities
  • $1,812,785Total deposits
  • $1,577,298Interest-bearing deposits
  • $1,812,785Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $39,566Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $488,765Other borrowed funds
  • $0Subordinated debt
  • $17,852All other liabilities
  • $249,173Total equity capital
  • $249,173Total bank equity capital
  • $249,173Perpetual preferred stock
  • $0Common stock
  • $3,684Surplus
  • $200,184Undivided profits
  • Memoranda
  • $45,305Noncurrent loans and leases
  • $562,553Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $12,846Earning assets
  • $0Long-term assets (5+ years)
  • $10,209Average Assets, year-to-date
  • $2,357,655Average Assets, quarterly
  • $0Volatile liabilities
  • $2,498,166Insider loans
  • $2,573,996FHLB advances
  • $1,417,041Loans and leases held for sale
  • $2,334Unused loan commitments
  • $482,944Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $562,553Total unused commitments
  • $3,453Restructured Loans and leases
  • $19,575Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $134,570Total interest income
  • $56,808Total interest expense
  • $77,762Net interest income
  • $4,376Provision for loan and lease losses
  • $13,889Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $13,889Additional noninterest income
  • $57,528Total noninterest expense
  • $30,256Salaries and employee benefits
  • $8,986Premises and equipment expense
  • $18,286Additional noninterest expense
  • $29,747Pre-tax net operating income
  • $6,709Securities gains (losses)
  • $11,051Applicable income taxes
  • $25,405Income before extraordinary items
  • $0Extraordinary gains - net
  • $25,405Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,309Sale, conversion, retirement of capital stock, net
  • $10,000Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.95%Yield on earning assets
  • 2.51%Cost of funding earning assets
  • 3.44%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 2.54%Noninterest expense to earning assets
  • 0.83%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.46%Pretax return on assets
  • 10.66%Return on equity (ROE)
  • 6.46%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 189.52%Credit loss provision to net charge-offs
  • 14.78%Efficiency ratio
  • 58,030Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.36%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 152.38%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 114.19%Net loans and leases to core deposits
  • 224.00%Equity capital to assets
  • 9.55%Core capital (leverage) ratio
  • 7.41%Tier 1 risk-based capital ratio
  • 10.01%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,498,166Average earning assets
  • $238,381Average equity
  • $2,261,788Average loans

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