The Savings Bank and Trust Company in Orrville, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2003

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

The Savings Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 768
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Savings Bank & Trust (#770)
    Federal Reserve ID: 627023
    Date Established: January 01, 1903
    WWW: http://www.svgsbank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Interstate: No)
    OTS Docket #: 14467
    FDIC's unique #: 490
    Numeric code: 13
    Regulator: FED
    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: July 01, 2003
    Last Structure Change Process Date: July 24, 2003
    Last Data Update: July 24, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 West Market Street, Orrville, OH 44667
    County: Wayne
    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): Wooster, OH (#49300)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $228.6 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, 2002)

  • Dollar figures in thousands
  • 81Total employees (full-time equivalent)
  • $206,870Total assets
  • $6,558Cash and due from depository institutions
  • $35Interest-bearing balances
  • $77,436Securities
  • $260Federal funds sold & reverse repurchase agreements
  • $117,674Net loans & leases
  • $1,548Loan loss allowance
  • $0Trading account assets
  • $2,413Bank premises and fixed assets
  • $0Other real estate owned
  • $182Goodwill and other intangibles
  • $0Life insurance assets
  • $2,347All other assets
  • $206,870Total liabilities and capital
  • $188,633Total liabilities
  • $169,987Total deposits
  • $153,965Interest-bearing deposits
  • $169,987Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $15,715Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,072Other borrowed funds
  • $0Subordinated debt
  • $1,859All other liabilities
  • $18,237Total equity capital
  • $18,237Total bank equity capital
  • $18,237Perpetual preferred stock
  • $0Common stock
  • $1,200Surplus
  • $1,200Undivided profits
  • Memoranda
  • $15,837Noncurrent loans and leases
  • $31,072Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $223Earning assets
  • $0Long-term assets (5+ years)
  • $1,354Average Assets, year-to-date
  • $195,405Average Assets, quarterly
  • $52,520Volatile liabilities
  • $198,623Insider loans
  • $206,326FHLB advances
  • $44,034Loans and leases held for sale
  • $2,552Unused loan commitments
  • $72Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,687Total risk weighted assets
  • $31,072Total unused commitments
  • $1,205Restructured Loans and leases
  • $1,548Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $12,720Total interest income
  • $4,296Total interest expense
  • $8,424Net interest income
  • $375Provision for loan and lease losses
  • $1,956Total noninterest income
  • $448Fiduciary activities
  • $860Service charges on deposit accounts
  • $0Trading account gains & fees
  • $648Additional noninterest income
  • $6,156Total noninterest expense
  • $3,396Salaries and employee benefits
  • $1,009Premises and equipment expense
  • $1,751Additional noninterest expense
  • $3,849Pre-tax net operating income
  • $99Securities gains (losses)
  • $1,056Applicable income taxes
  • $2,892Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,892Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $332Sale, conversion, retirement of capital stock, net
  • $1,177Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.83%Yield on earning assets
  • 2.31%Cost of funding earning assets
  • 4.52%Net interest margin
  • 1.05%Noninterest income to earning assets
  • 3.30%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.46%Return on assets (ROA)
  • 1.99%Pretax return on assets
  • 17.26%Return on equity (ROE)
  • 10.23%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 112.95%Credit loss provision to net charge-offs
  • 12.72%Efficiency ratio
  • 59,306Assets per employee
  • 2.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.70%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 694.17%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.19%Net loans and leases to deposits
  • 69.23%Net loans and leases to core deposits
  • 82.44%Equity capital to assets
  • 8.82%Core capital (leverage) ratio
  • 8.11%Tier 1 risk-based capital ratio
  • 10.71%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $198,623Average earning assets
  • $16,757Average equity
  • $186,354Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $53,029Managed Assets
  • 1Number of Accounts
  • $39,108Personal trust and agency accounts
  • $16,452Employee benefit-defined contribution accounts
  • $2,052Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $2,586Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $18,018Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 174Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $13,921Other retirement accounts
  • $0Corporate trust and agency accounts
  • $10,200Other fiduciary accounts
  • $3,721Fiduciary accounts held in foreign offices

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 Savings Bank 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