Citizens Savings Bank of Canton in Canton, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 31, 1995

  • Citizens Savings Bank of Canton in Canton, Ohio (OH)
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Citizens Savings Bank of Canton - Overview

  • General
  • FDIC Certificate #: 28350
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Citizens National Bank (#6635)
    Federal Reserve ID: 70571
    Date Established: January 01, 1899
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1413
    FDIC's unique #: 41184
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 22, 1935
    Last Structure Change Effective Date: January 31, 1995
    Last Structure Change Process Date: Febuary 24, 1995
    Last Data Update: March 11, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 Central Plaza, South, Canton, OH 44702
    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)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $753.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $248Total assets
  • $753,728Cash and due from depository institutions
  • $17,768Interest-bearing balances
  • $2,022Securities
  • $214,799Federal funds sold & reverse repurchase agreements
  • $100Net loans & leases
  • $503,738Loan loss allowance
  • $2,735Trading account assets
  • $0Bank premises and fixed assets
  • $5,468Other real estate owned
  • $930Goodwill and other intangibles
  • $10,925Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $753,728Total liabilities
  • $688,692Total deposits
  • $676,409Interest-bearing deposits
  • $671,610Deposits held in domestic offices
  • 676409.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,298Subordinated debt
  • $0All other liabilities
  • $7,985Total equity capital
  • $7,985Total bank equity capital
  • $65,036Perpetual preferred stock
  • $0Common stock
  • $2,157Surplus
  • $9,776Undivided profits
  • Memoranda
  • $53,103Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $491Income earned, not collected on loans
  • $2,235Earning assets
  • $720,659Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $766,527Average Assets, quarterly
  • $757,777Volatile liabilities
  • $51,835Insider loans
  • $294FHLB advances
  • $4,298Loans and leases held for sale
  • $0Unused loan commitments
  • $33,510Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $65,036Total risk weighted assets
  • $337,694Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $52,819Total interest expense
  • $23,299Net interest income
  • $29,520Provision for loan and lease losses
  • $455Total noninterest income
  • $2,802Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $2,802Total noninterest expense
  • $16,175Salaries and employee benefits
  • $7,700Premises and equipment expense
  • $3,369Additional noninterest expense
  • $5,106Pre-tax net operating income
  • $15,692Securities gains (losses)
  • $691Applicable income taxes
  • $5,820Income before extraordinary items
  • $10,563Extraordinary gains - net
  • $0Net income attributable to bank
  • $10,563Net charge-offs
  • $122Cash dividends
  • $1,050Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.19%Cost of funding earning assets
  • 3.17%Net interest margin
  • 4.02%Noninterest income to earning assets
  • 0.38%Noninterest expense to earning assets
  • 2.20%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 2.14%Return on equity (ROE)
  • 17.15%Retained earnings to average equity (YTD only)
  • 15.44%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • 372.95%Efficiency ratio
  • 50,043Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 9.94%Loss allowance to loans
  • 0.54%Loss allowance to noncurrent loans
  • 557.03%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.10%Net loans and leases to deposits
  • 74.47%Net loans and leases to core deposits
  • 80.10%Equity capital to assets
  • 8.63%Core capital (leverage) ratio
  • 8.63%Tier 1 risk-based capital ratio
  • 19.26%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $766,527Average earning assets
  • $61,600Average equity
  • $734,855Average loans

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