The Firestone Bank in Lisbon, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 05, 1994

The Firestone Bank in Lisbon, Ohio (OH)
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The Firestone Bank - Overview

General
FDIC Certificate #: 13222
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Sky Bank (#14641)
Federal Reserve ID: 35226
Date Established: May 19, 1879
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 8364
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: January 01, 1934
Last Structure Change Effective Date: Febuary 05, 1994
Last Structure Change Process Date: Febuary 24, 1994
Last Data Update: Febuary 24, 1994
Data Source Date: April 05, 2012
Location
Address: 24 North Park Avenue, Lisbon, OH 44432
County: Columbiana
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): East Liverpool-Salem, OH (#20620)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $71.9 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$39Total assets
$71,864Cash and due from depository institutions
$3,505Interest-bearing balances
$0Securities
$18,785Federal funds sold & reverse repurchase agreements
$2,765Net loans & leases
$44,991Loan loss allowance
$1,056Trading account assets
$0Bank premises and fixed assets
$1,380Other real estate owned
$51Goodwill and other intangibles
$337Life insurance assets
$50All other assets
$0Total liabilities and capital
$71,864Total liabilities
$67,720Total deposits
$67,471Interest-bearing deposits
$59,966Deposits held in domestic offices
67471.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$249Total equity capital
$249Total bank equity capital
$4,144Perpetual preferred stock
$0Common stock
$1,667Surplus
$1,677Undivided profits
Memoranda
$800Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$270Income earned, not collected on loans
$193Earning assets
$66,541Long-term assets (5+ years)
$13,590Average Assets, year-to-date
$71,643Average Assets, quarterly
$71,414Volatile liabilities
$1,546Insider loans
$1,542FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,793Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,094Total risk weighted assets
$41,139Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$5,061Total interest expense
$2,272Net interest income
$2,789Provision for loan and lease losses
$0Total noninterest income
$301Fiduciary activities
$0Service charges on deposit accounts
$184Trading account gains & fees
$0Additional noninterest income
$117Total noninterest expense
$2,896Salaries and employee benefits
$1,306Premises and equipment expense
$354Additional noninterest expense
$1,236Pre-tax net operating income
$194Securities gains (losses)
$0Applicable income taxes
$12Income before extraordinary items
$182Extraordinary gains - net
$0Net income attributable to bank
$182Net charge-offs
-$213Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.70%Cost of funding earning assets
3.46%Net interest margin
4.24%Noninterest income to earning assets
0.46%Noninterest expense to earning assets
4.41%Net operating income to assets
0.25%Return on assets (ROA)
0.25%Pretax return on assets
0.27%Return on equity (ROE)
4.43%Retained earnings to average equity (YTD only)
4.43%Net charge-offs to loans
-0.43%Credit loss provision to net charge-offs
0.00%Efficiency ratio
93,722Assets per employee
1.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.29%Loss allowance to noncurrent loans
391.11%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
0.59%Net loans and leases to deposits
66.68%Net loans and leases to core deposits
68.25%Equity capital to assets
5.77%Core capital (leverage) ratio
5.70%Tier 1 risk-based capital ratio
9.95%Total risk-based capital ratio
Memoranda
$11Average assets
$71,643Average earning assets
$4,104Average equity
$65,729Average loans

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