Peoples Bank, National Association in Ashtabula, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 23, 1998

  • Peoples Bank, National Association in Ashtabula, Ohio (OH)
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Peoples Bank, National Association - Overview

  • General
  • FDIC Certificate #: 28273
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Firstmerit Bank, National Association (#13675)
    Federal Reserve ID: 830373
    Date Established: January 01, 1890
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 17 (Interstate: No)
    OTS Docket #: 1278
    FDIC's unique #: 41107
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 27, 1937
    Last Structure Change Effective Date: March 23, 1998
    Last Structure Change Process Date: April 06, 1998
    Last Data Update: April 06, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 4200 Park Avenue, Ashtabula, OH 44004
    County: Ashtabula
    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): Cleveland-Lorain-Elyria, OH (#1680)
    Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28)
    Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184)
    Core Based Statistical Area (CBSA): Ashtabula, OH (#11780)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $362.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 136Total employees (full-time equivalent)
  • $362,367Total assets
  • $11,814Cash and due from depository institutions
  • $179Interest-bearing balances
  • $41,709Securities
  • $825Federal funds sold & reverse repurchase agreements
  • $297,692Net loans & leases
  • $4,221Loan loss allowance
  • $0Trading account assets
  • $6,814Bank premises and fixed assets
  • $0Other real estate owned
  • $53Goodwill and other intangibles
  • $0Life insurance assets
  • $3,460All other assets
  • $362,367Total liabilities and capital
  • $333,037Total liabilities
  • $308,819Total deposits
  • $270,121Interest-bearing deposits
  • $308,819Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $8,490Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $8,336Other borrowed funds
  • $0Subordinated debt
  • $7,392All other liabilities
  • $29,330Total equity capital
  • $29,330Total bank equity capital
  • $29,330Perpetual preferred stock
  • $0Common stock
  • $6,000Surplus
  • $11,200Undivided profits
  • Memoranda
  • $12,130Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,606Earning assets
  • $0Long-term assets (5+ years)
  • $2,003Average Assets, year-to-date
  • $340,405Average Assets, quarterly
  • $136,124Volatile liabilities
  • $357,322Insider loans
  • $363,645FHLB advances
  • $34,373Loans and leases held for sale
  • $1,007Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $49,625Total unused commitments
  • $0Restructured Loans and leases
  • $298,201Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $29,882Total interest income
  • $11,854Total interest expense
  • $18,028Net interest income
  • $1,280Provision for loan and lease losses
  • $3,546Total noninterest income
  • $69Fiduciary activities
  • $1,830Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,647Additional noninterest income
  • $13,661Total noninterest expense
  • $4,301Salaries and employee benefits
  • $2,240Premises and equipment expense
  • $7,120Additional noninterest expense
  • $6,633Pre-tax net operating income
  • $184Securities gains (losses)
  • $2,337Applicable income taxes
  • $4,480Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,480Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $829Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.91%Yield on earning assets
  • 3.54%Cost of funding earning assets
  • 5.38%Net interest margin
  • 1.06%Noninterest income to earning assets
  • 4.08%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.25%Return on assets (ROA)
  • 1.91%Pretax return on assets
  • 17.10%Return on equity (ROE)
  • 17.10%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 154.40%Credit loss provision to net charge-offs
  • 9.55%Efficiency ratio
  • 63,169Assets per employee
  • 2.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 262.83%Noncurrent assets plus other real estate owned to assets
  • 0.44%Noncurrent loans to loans
  • 0.53%Net loans and leases to deposits
  • 96.40%Net loans and leases to core deposits
  • 103.41%Equity capital to assets
  • 8.09%Core capital (leverage) ratio
  • 7.92%Tier 1 risk-based capital ratio
  • 9.72%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $357,322Average earning assets
  • $26,201Average equity
  • $335,207Average loans

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