Sky Bank in Salineville, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2001

  • Sky Bank in Salineville, Ohio (OH)
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Sky Bank - Overview

  • General
  • FDIC Certificate #: 14641
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sky Bank (#5982)
    Federal Reserve ID: 449122
    Date Established: May 09, 1902
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 108 (Interstate: No)
    OTS Docket #: 10106
    FDIC's unique #: 9155
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 13, 1934
    Last Structure Change Effective Date: December 31, 2001
    Last Structure Change Process Date: January 14, 2002
    Last Data Update: January 14, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 East Main Street, Salineville, OH 43945
    County: Columbiana
    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): East Liverpool-Salem, OH (#20620)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $4,881.6 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, 2000)

  • Dollar figures in thousands
  • 1,028Total employees (full-time equivalent)
  • $4,721,105Total assets
  • $146,410Cash and due from depository institutions
  • $8,008Interest-bearing balances
  • $1,189,984Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $3,169,354Net loans & leases
  • $47,381Loan loss allowance
  • $0Trading account assets
  • $50,287Bank premises and fixed assets
  • $2,281Other real estate owned
  • $25,509Goodwill and other intangibles
  • $0Life insurance assets
  • $137,280All other assets
  • $4,721,105Total liabilities and capital
  • $4,408,681Total liabilities
  • $3,307,485Total deposits
  • $3,094,657Interest-bearing deposits
  • $3,307,485Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $477,173Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $566,296Other borrowed funds
  • $30,000Subordinated debt
  • $27,727All other liabilities
  • $312,424Total equity capital
  • $312,424Total bank equity capital
  • $312,424Perpetual preferred stock
  • $68Common stock
  • $7,290Surplus
  • $108,645Undivided profits
  • Memoranda
  • $196,421Noncurrent loans and leases
  • $407,784Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $18,771Earning assets
  • $1,368Long-term assets (5+ years)
  • $20,911Average Assets, year-to-date
  • $4,367,346Average Assets, quarterly
  • $1,608,924Volatile liabilities
  • $4,676,146Insider loans
  • $4,711,474FHLB advances
  • $951,542Loans and leases held for sale
  • $23,138Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,635Total risk weighted assets
  • $407,784Total unused commitments
  • $954Restructured Loans and leases
  • $71,412Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $353,911Total interest income
  • $178,806Total interest expense
  • $175,105Net interest income
  • $11,838Provision for loan and lease losses
  • $35,676Total noninterest income
  • $0Fiduciary activities
  • $15,972Service charges on deposit accounts
  • $0Trading account gains & fees
  • $19,704Additional noninterest income
  • $90,939Total noninterest expense
  • $35,081Salaries and employee benefits
  • $10,745Premises and equipment expense
  • $45,113Additional noninterest expense
  • $108,004Pre-tax net operating income
  • -$2,999Securities gains (losses)
  • $33,025Applicable income taxes
  • $71,980Income before extraordinary items
  • $0Extraordinary gains - net
  • $71,980Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $11,139Sale, conversion, retirement of capital stock, net
  • $106,000Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.25%Yield on earning assets
  • 4.17%Cost of funding earning assets
  • 4.08%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 2.12%Noninterest expense to earning assets
  • 1.58%Net operating income to assets
  • 1.54%Return on assets (ROA)
  • 2.25%Pretax return on assets
  • 21.68%Return on equity (ROE)
  • -10.25%Retained earnings to average equity (YTD only)
  • 0.36%Net charge-offs to loans
  • 106.28%Credit loss provision to net charge-offs
  • 10.76%Efficiency ratio
  • 41,642Assets per employee
  • 4.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 147.26%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 252.42%Noncurrent assets plus other real estate owned to assets
  • 0.41%Noncurrent loans to loans
  • 0.58%Net loans and leases to deposits
  • 95.82%Net loans and leases to core deposits
  • 106.75%Equity capital to assets
  • 6.62%Core capital (leverage) ratio
  • 6.28%Tier 1 risk-based capital ratio
  • 8.83%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $4,676,146Average earning assets
  • $331,987Average equity
  • $4,290,188Average loans

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