Star Bank, Central Ohio in Westerville, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 21, 1993

  • Star Bank, Central Ohio in Westerville, Ohio (OH)
  • Show street view No street view available for this location

Star Bank, Central Ohio - Overview

  • General
  • FDIC Certificate #: 16964
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: U.S. Bank National Association (#6548)
    Federal Reserve ID: 771618
    Date Established: December 11, 1950
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 19 (Interstate: No)
    FDIC's unique #: 11041
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 11, 1950
    Last Structure Change Effective Date: August 21, 1993
    Last Structure Change Process Date: September 22, 1993
    Last Data Update: September 22, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 501 West Schrock Road, Westerville, OH 43081
    County: Franklin
    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): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • Financial Summary
  • Total assets: $383.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $209Total assets
  • $401,523Cash and due from depository institutions
  • $17,946Interest-bearing balances
  • $0Securities
  • $39,510Federal funds sold & reverse repurchase agreements
  • $5,470Net loans & leases
  • $326,250Loan loss allowance
  • $5,234Trading account assets
  • $0Bank premises and fixed assets
  • $6,268Other real estate owned
  • $533Goodwill and other intangibles
  • $5,546Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $401,523Total liabilities
  • $366,540Total deposits
  • $352,905Interest-bearing deposits
  • $291,144Deposits held in domestic offices
  • 352905.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $7,751Trading liabilities
  • $0Other borrowed funds
  • $2,678Subordinated debt
  • $0All other liabilities
  • $3,206Total equity capital
  • $3,206Total bank equity capital
  • $34,983Perpetual preferred stock
  • $0Common stock
  • $3,675Surplus
  • $9,925Undivided profits
  • Memoranda
  • $21,383Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,168Income earned, not collected on loans
  • $2,309Earning assets
  • $371,230Long-term assets (5+ years)
  • $71,683Average Assets, year-to-date
  • $449,270Average Assets, quarterly
  • $406,855Volatile liabilities
  • $32,094Insider loans
  • $798FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $56,484Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $34,983Total risk weighted assets
  • $327,312Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $38,785Total interest expense
  • $16,162Net interest income
  • $22,623Provision for loan and lease losses
  • $7,633Total noninterest income
  • $4,959Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,142Trading account gains & fees
  • $0Additional noninterest income
  • $2,817Total noninterest expense
  • $17,630Salaries and employee benefits
  • $7,200Premises and equipment expense
  • $2,663Additional noninterest expense
  • $7,767Pre-tax net operating income
  • $2,319Securities gains (losses)
  • $0Applicable income taxes
  • $656Income before extraordinary items
  • $1,663Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,663Net charge-offs
  • $7,728Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.32%Cost of funding earning assets
  • 3.88%Net interest margin
  • 5.44%Noninterest income to earning assets
  • 1.19%Noninterest expense to earning assets
  • 4.24%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.37%Pretax return on assets
  • 0.52%Return on equity (ROE)
  • 4.99%Retained earnings to average equity (YTD only)
  • 4.99%Net charge-offs to loans
  • 2.16%Credit loss provision to net charge-offs
  • 98.77%Efficiency ratio
  • 63,918Assets per employee
  • 1.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 73.02%Noncurrent assets plus other real estate owned to assets
  • 1.92%Noncurrent loans to loans
  • 2.16%Net loans and leases to deposits
  • 92.45%Net loans and leases to core deposits
  • 98.49%Equity capital to assets
  • 8.71%Core capital (leverage) ratio
  • 8.70%Tier 1 risk-based capital ratio
  • 10.69%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $449,270Average earning assets
  • $33,353Average equity
  • $416,148Average loans

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