First National Bank in Orrville, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


First National Bank - Overview

  • General
  • FDIC Certificate #: 6667
    Status: Active
    Federal Reserve ID: 217620
    Bank Holding Company (Regulatory Top Holder): National Bancshares Corporation (RSSDID: 1137985, Location: Orrville, OH)
    Date Established: August 03, 1933
    WWW: http://www.discoverfirstnational.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 14 (Domestic: 14, Interstate: No)
    OTS Docket #: 13782
    FDIC's unique #: 4466
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 112 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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $403.3 mil
    Equity capital: $39.5 mil
    Deposits held in domestic offices: $341.3 mil
    Return on assets (ROA): 0.65% ($2.6 mil)
    Quarterly return on assets: 0.65% ($2.6 mil)
    Return on Equity (ROE): 6.77% ($2.7 mil)
    Quarterly return on equity: 6.71% ($2.7 mil)
    Net income: $2.5 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.77% ($3,105.1 mil)
    Quarterly Pretax return on assets: 0.75% ($3,024.5 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, 2011)

  • Dollar figures in thousands
  • 115Total employees (full-time equivalent)
  • $403,261Total assets
  • $15,459Cash and due from depository institutions
  • $8,046Interest-bearing balances
  • $150,155Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $214,159Net loans & leases
  • $3,163Loan loss allowance
  • $0Trading account assets
  • $9,776Bank premises and fixed assets
  • $18Other real estate owned
  • $4,786Goodwill and other intangibles
  • $403,261Life insurance assets
  • $8,908All other assets
  • $363,737Total liabilities and capital
  • $341,256Total liabilities
  • $319,324Total deposits
  • $341,256Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 10168.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,000Trading liabilities
  • $0Other borrowed funds
  • $4,313Subordinated debt
  • $39,524All other liabilities
  • $39,524Total equity capital
  • $39,524Total bank equity capital
  • $0Perpetual preferred stock
  • $4,690Common stock
  • $19,833Surplus
  • $15,001Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $207Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,013Income earned, not collected on loans
  • $0Earning assets
  • $1,404Long-term assets (5+ years)
  • $372,360Average Assets, year-to-date
  • $213,569Average Assets, quarterly
  • $390,295Volatile liabilities
  • $403,795Insider loans
  • $247,964FHLB advances
  • $401,730Loans and leases held for sale
  • $2,947Unused loan commitments
  • $2,057Tier 1 (core) risk-based capital
  • $31,135Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $890Total unused commitments
  • $61,902Restructured Loans and leases
  • $4,270Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,413Total interest income
  • $2,049Total interest expense
  • $13,364Net interest income
  • $600Provision for loan and lease losses
  • $2,559Total noninterest income
  • $0Fiduciary activities
  • $1,085Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,474Additional noninterest income
  • $12,541Total noninterest expense
  • $6,025Salaries and employee benefits
  • $1,578Premises and equipment expense
  • $4,938Additional noninterest expense
  • $2,782Pre-tax net operating income
  • $214Securities gains (losses)
  • $465Applicable income taxes
  • $2,531Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,531Net income attributable to bank
  • $0Net charge-offs
  • $2,531Cash dividends
  • $22Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.29%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 3.72%Net interest margin
  • 0.71%Noninterest income to earning assets
  • 3.49%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 6.77%Return on equity (ROE)
  • 6.77%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 2727.27%Credit loss provision to net charge-offs
  • 153.73%Efficiency ratio
  • 78,088Assets per employee
  • 3.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 78.82%Noncurrent assets plus other real estate owned to assets
  • 1.00%Noncurrent loans to loans
  • 1.85%Net loans and leases to deposits
  • 62.76%Net loans and leases to core deposits
  • 63.68%Equity capital to assets
  • 9.80%Core capital (leverage) ratio
  • 7.75%Tier 1 risk-based capital ratio
  • 12.56%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $390,295Average earning assets
  • $37,411Average equity
  • $359,582Average loans

List of branches

  • 14 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04466First National Bank112 West Market Street, Orrville, OH 44667August 03, 1933Full Service Brick and Mortar
    1211810West High Street Branch1320 West High Street, Orrville, OH 44667May 13, 1965Full Service Brick and Mortar
    2211811Dalton Branch2 West Main Street, Dalton, OH 44618Febuary 01, 1968Full Service Brick and Mortar
    3211812Kidron BranchMain Street, Kidron, OH 44636December 06, 1961Full Service Brick and Mortar
    4211813Mount Eaton BranchRoute 250, Mount Eaton, OH 44659November 17, 1969Full Service Brick and Mortar
    54054Smithville Branch153 East Main Street, Smithville, OH 44677January 01, 1925Full Service Brick and Mortar
    6211814Midway BranchU.S. Route 30 And County Road 44, East Union Township, OH 44606June 04, 1975Full Service Brick and Mortar
    86836Lodi Branch106 Ainsworth Street, Lodi, OH 44254August 31, 1914Full Service Brick and Mortar
    9210655Seville Branch121 Greenwich Road, Seville, OH 44273April 12, 1982Full Service Brick and Mortar
    10211816Cleveland Road Branch1725 Cleveland Road, Wooster, OH 44691April 09, 1999Full Service Brick and Mortar
    1142944Downtown Massillon Branch211 Lincoln Way East, Massillon, OH 44646January 01, 1892Full Service Brick and Mortar
    12278675Mayflower Branch2312 Lincoln Way West, Massillon, OH 44646January 01, 1892Full Service Brick and Mortar
    14442361Burbank Road Office Branch4192 Burbank Rd., Wooster, OH 44691June 30, 2005Full Service Brick and Mortar
    15500121First National Bank Branch3085 West Market Street, Suite 100, Fairlawn, OH 44333November 30, 2009Full Service Brick and Mortar

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