FFY Bank in Youngstown, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 22, 2000

  • FFY Bank in Youngstown, Ohio (OH)
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FFY Bank - Overview

  • General
  • FDIC Certificate #: 29350
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Place Bank (#28216)
    Federal Reserve ID: 146775
    Date Established: January 01, 1900
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3321
    FDIC's unique #: 42184
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: May 14, 1935
    Last Structure Change Effective Date: December 22, 2000
    Last Structure Change Process Date: January 24, 2001
    Last Data Update: January 24, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 724 Boardman-Poland Road, Youngstown, OH 44512
    County: Mahoning
    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): Youngstown-Warren, OH (#9320)
    Combined Statistical Area (CSA): Youngstown-Warren-East Liverpool, OH-PA (#566)
    Core Based Statistical Area (CBSA): Youngstown-Warren-Boardman, OH-PA (#49660)
    CBSA Metro Statistical Area: Youngstown-Warren-Boardman, OH-PA (#49660)
  • Financial Summary
  • Total assets: $673.7 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 189Total employees (full-time equivalent)
  • $656,121Total assets
  • $11,073Cash and due from depository institutions
  • $4,389Interest-bearing balances
  • $155,497Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $469,156Net loans & leases
  • $2,340Loan loss allowance
  • $0Trading account assets
  • $7,381Bank premises and fixed assets
  • $106Other real estate owned
  • $378Goodwill and other intangibles
  • $0Life insurance assets
  • $12,530All other assets
  • $656,121Total liabilities and capital
  • $606,931Total liabilities
  • $445,842Total deposits
  • $433,939Interest-bearing deposits
  • $445,842Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $57,915Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $96,742Other borrowed funds
  • $0Subordinated debt
  • $6,432All other liabilities
  • $49,190Total equity capital
  • $49,190Total bank equity capital
  • $49,190Perpetual preferred stock
  • $0Common stock
  • $66Surplus
  • $37,213Undivided profits
  • Memoranda
  • $11,911Noncurrent loans and leases
  • $27,542Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,619Earning assets
  • $0Long-term assets (5+ years)
  • $2,730Average Assets, year-to-date
  • $629,042Average Assets, quarterly
  • $0Volatile liabilities
  • $652,634Insider loans
  • $654,288FHLB advances
  • $225,878Loans and leases held for sale
  • $168Unused loan commitments
  • $93,540Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $27,542Total unused commitments
  • $164Restructured Loans and leases
  • $2,340Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $47,896Total interest income
  • $26,977Total interest expense
  • $20,919Net interest income
  • $451Provision for loan and lease losses
  • $2,168Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,168Additional noninterest income
  • $12,101Total noninterest expense
  • $6,712Salaries and employee benefits
  • $2,190Premises and equipment expense
  • $3,199Additional noninterest expense
  • $10,535Pre-tax net operating income
  • $384Securities gains (losses)
  • $3,766Applicable income taxes
  • $7,153Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,153Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $414Sale, conversion, retirement of capital stock, net
  • $7,903Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.64%Yield on earning assets
  • 4.30%Cost of funding earning assets
  • 3.33%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 1.93%Noninterest expense to earning assets
  • 1.06%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.67%Pretax return on assets
  • 13.82%Return on equity (ROE)
  • -1.45%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 108.94%Credit loss provision to net charge-offs
  • 26.54%Efficiency ratio
  • 52,415Assets per employee
  • 3.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 110.49%Loss allowance to loans
  • 0.50%Loss allowance to noncurrent loans
  • 89.35%Noncurrent assets plus other real estate owned to assets
  • 0.42%Noncurrent loans to loans
  • 0.56%Net loans and leases to deposits
  • 105.23%Net loans and leases to core deposits
  • 125.23%Equity capital to assets
  • 7.50%Core capital (leverage) ratio
  • 8.30%Tier 1 risk-based capital ratio
  • 12.49%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $652,634Average earning assets
  • $51,769Average equity
  • $627,257Average loans

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