The Miners and Mechanics Savings and Trust Company in Steubenville, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 30, 1994

  • The Miners and Mechanics Savings and Trust Company in Steubenville, Ohio (OH)
  • Show street view No street view available for this location

The Miners and Mechanics Savings and Trust Company - Overview

  • General
  • FDIC Certificate #: 9140
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National City Bank, Northeast (#10254)
    Federal Reserve ID: 508720
    Date Established: January 01, 1913
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    FDIC's unique #: 5854
    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: April 30, 1994
    Last Structure Change Process Date: May 24, 1994
    Last Data Update: May 24, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 124-136 North 4th Street, Steubenville, OH 43952
    County: Jefferson
    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): Steubenville-Weirton, OH-WV (#8080)
    Core Based Statistical Area (CBSA): Steubenville-Weirton, OH-WV (#44600)
    CBSA Metro Statistical Area: Steubenville-Weirton, OH-WV (#44600)
  • Financial Summary
  • Total assets: $394.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $142Total assets
  • $408,234Cash and due from depository institutions
  • $14,559Interest-bearing balances
  • $0Securities
  • $154,736Federal funds sold & reverse repurchase agreements
  • $105,225Net loans & leases
  • $115,583Loan loss allowance
  • $3,632Trading account assets
  • $0Bank premises and fixed assets
  • $3,252Other real estate owned
  • $0Goodwill and other intangibles
  • $3,470Life insurance assets
  • $11,409All other assets
  • $0Total liabilities and capital
  • $408,234Total liabilities
  • $369,307Total deposits
  • $268,923Interest-bearing deposits
  • $246,486Deposits held in domestic offices
  • 268923.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $86,311Trading liabilities
  • $0Other borrowed funds
  • $6,245Subordinated debt
  • $0All other liabilities
  • $7,828Total equity capital
  • $7,828Total bank equity capital
  • $38,927Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $36,363Undivided profits
  • Memoranda
  • $1,064Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $970Income earned, not collected on loans
  • $593Earning assets
  • $375,544Long-term assets (5+ years)
  • $43,236Average Assets, year-to-date
  • $334,301Average Assets, quarterly
  • $359,756Volatile liabilities
  • $103,806Insider loans
  • $334FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $28,880Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $27,518Total risk weighted assets
  • $140,126Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,135Total interest expense
  • $2,202Net interest income
  • $1,933Provision for loan and lease losses
  • $102Total noninterest income
  • $527Fiduciary activities
  • $48Service charges on deposit accounts
  • $121Trading account gains & fees
  • $0Additional noninterest income
  • $358Total noninterest expense
  • $1,760Salaries and employee benefits
  • $863Premises and equipment expense
  • $175Additional noninterest expense
  • $722Pre-tax net operating income
  • $598Securities gains (losses)
  • $150Applicable income taxes
  • -$316Income before extraordinary items
  • $1,064Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,064Net charge-offs
  • $442Cash dividends
  • $4,975Sale, 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
  • 1.33%Cost of funding earning assets
  • 0.71%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 0.17%Noninterest expense to earning assets
  • 0.56%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.32%Pretax return on assets
  • 0.22%Return on equity (ROE)
  • 3.73%Retained earnings to average equity (YTD only)
  • -13.72%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 23.08%Efficiency ratio
  • 65,691Assets per employee
  • 2.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 467.58%Loss allowance to loans
  • 3.05%Loss allowance to noncurrent loans
  • 374.43%Noncurrent assets plus other real estate owned to assets
  • 0.24%Noncurrent loans to loans
  • 0.81%Net loans and leases to deposits
  • 42.98%Net loans and leases to core deposits
  • 44.86%Equity capital to assets
  • 9.54%Core capital (leverage) ratio
  • 6.93%Tier 1 risk-based capital ratio
  • 19.64%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $334,301Average earning assets
  • $28,501Average equity
  • $311,885Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Miners and Mechanics Savings and Trust Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents