Bank 2000 in Minerva, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 30, 1994

  • Bank 2000 in Minerva, Ohio (OH)
  • Show street view No street view available for this location

Bank 2000 - Overview

  • General
  • FDIC Certificate #: 15373
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National City Bank, Northeast (#10254)
    Federal Reserve ID: 419321
    Date Established: January 01, 1915
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 9698
    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: April 03, 1936
    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: 108 North Main Street, Minerva, OH 44657
    County: Stark
    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): Canton-Massillon, OH (#1320)
    Core Based Statistical Area (CBSA): Canton-Massillon, OH (#15940)
    CBSA Metro Statistical Area: Canton-Massillon, OH (#15940)
  • Financial Summary
  • Total assets: $55.4 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)
  • $38Total assets
  • $58,050Cash and due from depository institutions
  • $2,608Interest-bearing balances
  • $0Securities
  • $47Federal funds sold & reverse repurchase agreements
  • $27,650Net loans & leases
  • $24,736Loan loss allowance
  • $597Trading account assets
  • $0Bank premises and fixed assets
  • $765Other real estate owned
  • $0Goodwill and other intangibles
  • $472Life insurance assets
  • $1,772All other assets
  • $0Total liabilities and capital
  • $58,050Total liabilities
  • $52,569Total deposits
  • $50,983Interest-bearing deposits
  • $46,121Deposits held in domestic offices
  • 50983.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $514Subordinated debt
  • $0All other liabilities
  • $1,072Total equity capital
  • $1,072Total bank equity capital
  • $5,481Perpetual preferred stock
  • $0Common stock
  • $440Surplus
  • $5,049Undivided profits
  • Memoranda
  • $-8Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10Income earned, not collected on loans
  • $134Earning assets
  • $52,433Long-term assets (5+ years)
  • $10,664Average Assets, year-to-date
  • $55,769Average Assets, quarterly
  • $56,628Volatile liabilities
  • $2,219Insider loans
  • $152FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,067Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,709Total risk weighted assets
  • $25,675Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $867Total interest expense
  • $429Net interest income
  • $438Provision for loan and lease losses
  • $30Total noninterest income
  • $113Fiduciary activities
  • $0Service charges on deposit accounts
  • $57Trading account gains & fees
  • $0Additional noninterest income
  • $56Total noninterest expense
  • $479Salaries and employee benefits
  • $219Premises and equipment expense
  • $41Additional noninterest expense
  • $219Pre-tax net operating income
  • $42Securities gains (losses)
  • $0Applicable income taxes
  • $50Income before extraordinary items
  • -$8Extraordinary gains - net
  • $0Net income attributable to bank
  • -$8Net charge-offs
  • -$15Cash dividends
  • $550Sale, 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
  • 1.67%Cost of funding earning assets
  • 0.83%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 0.22%Noninterest expense to earning assets
  • 0.92%Net operating income to assets
  • -0.01%Return on assets (ROA)
  • -0.01%Pretax return on assets
  • 0.08%Return on equity (ROE)
  • -0.19%Retained earnings to average equity (YTD only)
  • -13.24%Net charge-offs to loans
  • -0.05%Credit loss provision to net charge-offs
  • -200.00%Efficiency ratio
  • 82,940Assets per employee
  • 1.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -6875.00%Loss allowance to loans
  • 2.36%Loss allowance to noncurrent loans
  • 5970.00%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.04%Net loans and leases to deposits
  • 48.52%Net loans and leases to core deposits
  • 50.20%Equity capital to assets
  • 9.44%Core capital (leverage) ratio
  • 6.59%Tier 1 risk-based capital ratio
  • 14.45%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $55,769Average earning assets
  • $4,214Average equity
  • $51,957Average loans

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