National City Bank of Ashland in Ashland, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 31, 1997

National City Bank of Ashland in Ashland, Ohio (OH)
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National City Bank of Ashland - Overview

General
FDIC Certificate #: 6519
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: National City Bank (#6557)
Federal Reserve ID: 36214
Date Established: January 31, 1852
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 8 (Interstate: No)
FDIC's unique #: 4360
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: October 31, 1997
Last Structure Change Process Date: November 17, 1997
Last Data Update: November 17, 1997
Data Source Date: April 05, 2012
Location
Address: 10 West Second Street, Ashland, OH 44805
County: Ashland
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
Core Based Statistical Area (CBSA): Ashland, OH (#11740)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $205.1 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)
$64Total assets
$185,496Cash and due from depository institutions
$11,255Interest-bearing balances
$0Securities
$771Federal funds sold & reverse repurchase agreements
$11,050Net loans & leases
$156,211Loan loss allowance
$1,428Trading account assets
$0Bank premises and fixed assets
$2,325Other real estate owned
$0Goodwill and other intangibles
$3,884Life insurance assets
$0All other assets
$0Total liabilities and capital
$185,496Total liabilities
$167,496Total deposits
$125,196Interest-bearing deposits
$105,702Deposits held in domestic offices
125196.00%% insured (estimated)
$82Federal funds purchased & repurchase agreements
$41,195Trading liabilities
$0Other borrowed funds
$3Subordinated debt
$0All other liabilities
$1,102Total equity capital
$1,102Total bank equity capital
$18,000Perpetual preferred stock
$0Common stock
$450Surplus
$4,050Undivided profits
Memoranda
$13,500Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$814Income earned, not collected on loans
$1,228Earning assets
$168,032Long-term assets (5+ years)
$16,301Average Assets, year-to-date
$179,919Average Assets, quarterly
$181,715Volatile liabilities
$49,801Insider loans
$2,798FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$15,785Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$17,985Total risk weighted assets
$139,751Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$14,182Total interest expense
$5,872Net interest income
$8,310Provision for loan and lease losses
$853Total noninterest income
$1,018Fiduciary activities
$0Service charges on deposit accounts
$457Trading account gains & fees
$0Additional noninterest income
$561Total noninterest expense
$4,725Salaries and employee benefits
$1,900Premises and equipment expense
$467Additional noninterest expense
$2,358Pre-tax net operating income
$3,750Securities gains (losses)
$0Applicable income taxes
$1,289Income before extraordinary items
$2,461Extraordinary gains - net
$0Net income attributable to bank
$2,461Net charge-offs
$810Cash 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
8.68%Cost of funding earning assets
3.59%Net interest margin
5.08%Noninterest income to earning assets
0.62%Noninterest expense to earning assets
2.89%Net operating income to assets
1.37%Return on assets (ROA)
1.37%Pretax return on assets
2.08%Return on equity (ROE)
14.66%Retained earnings to average equity (YTD only)
14.66%Net charge-offs to loans
0.52%Credit loss provision to net charge-offs
105.31%Efficiency ratio
50,654Assets per employee
2.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.91%Loss allowance to noncurrent loans
175.43%Noncurrent assets plus other real estate owned to assets
0.44%Noncurrent loans to loans
0.52%Net loans and leases to deposits
124.77%Net loans and leases to core deposits
133.98%Equity capital to assets
9.70%Core capital (leverage) ratio
10.16%Tier 1 risk-based capital ratio
12.87%Total risk-based capital ratio
Memoranda
$14Average assets
$179,919Average earning assets
$16,791Average equity
$163,448Average loans

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