The Wayne County National Bank of Wooster in Wooster, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 10, 2004

  • The Wayne County National Bank of Wooster in Wooster, Ohio (OH)
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The Wayne County National Bank of Wooster - Overview

  • General
  • FDIC Certificate #: 6734
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National City Bank (#6557)
    Federal Reserve ID: 295628
    Date Established: January 01, 1845
    WWW: http://www.wcnb.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 12 (Interstate: No)
    OTS Docket #: 13164
    FDIC's unique #: 4515
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 10, 2004
    Last Structure Change Process Date: January 11, 2005
    Last Data Update: January 11, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: Public Square, Wooster, OH 44691
    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: $429.5 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, 2003)

  • Dollar figures in thousands
  • 128Total employees (full-time equivalent)
  • $434,275Total assets
  • $20,978Cash and due from depository institutions
  • $44Interest-bearing balances
  • $113,513Securities
  • $3,785Federal funds sold & reverse repurchase agreements
  • $281,961Net loans & leases
  • $3,960Loan loss allowance
  • $0Trading account assets
  • $6,837Bank premises and fixed assets
  • $91Other real estate owned
  • $785Goodwill and other intangibles
  • $0Life insurance assets
  • $6,325All other assets
  • $434,275Total liabilities and capital
  • $395,462Total liabilities
  • $372,683Total deposits
  • $303,630Interest-bearing deposits
  • $372,683Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $21,181Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $81Other borrowed funds
  • $0Subordinated debt
  • $1,517All other liabilities
  • $38,813Total equity capital
  • $38,813Total bank equity capital
  • $38,813Perpetual preferred stock
  • $0Common stock
  • $840Surplus
  • $1,990Undivided profits
  • Memoranda
  • $35,983Noncurrent loans and leases
  • $95,040Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $408Earning assets
  • $0Long-term assets (5+ years)
  • $2,655Average Assets, year-to-date
  • $399,303Average Assets, quarterly
  • $121,161Volatile liabilities
  • $438,026Insider loans
  • $431,542FHLB advances
  • $56,952Loans and leases held for sale
  • $17,667Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $20,296Total risk weighted assets
  • $95,040Total unused commitments
  • $0Restructured Loans and leases
  • $3,850Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $23,574Total interest income
  • $6,398Total interest expense
  • $17,176Net interest income
  • $40Provision for loan and lease losses
  • $4,139Total noninterest income
  • $1,824Fiduciary activities
  • $1,525Service charges on deposit accounts
  • $0Trading account gains & fees
  • $790Additional noninterest income
  • $11,867Total noninterest expense
  • $5,234Salaries and employee benefits
  • $1,410Premises and equipment expense
  • $5,223Additional noninterest expense
  • $9,408Pre-tax net operating income
  • $119Securities gains (losses)
  • $2,972Applicable income taxes
  • $6,555Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,555Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $552Sale, conversion, retirement of capital stock, net
  • $3,326Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.82%Yield on earning assets
  • 1.58%Cost of funding earning assets
  • 4.24%Net interest margin
  • 1.02%Noninterest income to earning assets
  • 2.93%Noninterest expense to earning assets
  • 1.48%Net operating income to assets
  • 1.50%Return on assets (ROA)
  • 2.17%Pretax return on assets
  • 17.29%Return on equity (ROE)
  • 8.52%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 7.25%Credit loss provision to net charge-offs
  • 17.12%Efficiency ratio
  • 55,674Assets per employee
  • 3.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.74%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 970.59%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 75.66%Net loans and leases to core deposits
  • 83.69%Equity capital to assets
  • 8.94%Core capital (leverage) ratio
  • 8.52%Tier 1 risk-based capital ratio
  • 11.98%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $438,026Average earning assets
  • $37,909Average equity
  • $405,174Average loans

Total Fiduciary and Related Assets (December 31, 2003)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $282,933Managed Assets
  • 1Number of Accounts
  • $218,294Personal trust and agency accounts
  • $111,940Employee benefit-defined contribution accounts
  • $8,327Employee benefit-defined benefit accounts
  • $1,996Other retirement accounts
  • $23,641Corporate trust and agency accounts
  • $78Investment management agency accounts
  • $72,312Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 656Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $64,639Other retirement accounts
  • $371Corporate trust and agency accounts
  • $50,289Other fiduciary accounts
  • $13,979Fiduciary accounts held in foreign offices

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