Sky Bank-Mid AM Region in Toledo, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2001

  • Sky Bank-Mid AM Region in Toledo, Ohio (OH)
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Sky Bank-Mid AM Region - Overview

  • General
  • FDIC Certificate #: 17075
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sky Bank (#5982)
    Federal Reserve ID: 1016316
    Date Established: January 25, 1952
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 61 (Interstate: No)
    OTS Docket #: 10066
    FDIC's unique #: 11130
    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: January 25, 1952
    Last Structure Change Effective Date: December 31, 2001
    Last Structure Change Process Date: January 15, 2002
    Last Data Update: January 15, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 519 Madison Avenue, Toledo, OH 43604
    County: Lucas
    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): Toledo, OH (#8400)
    Combined Statistical Area (CSA): Toledo-Fremont, OH (#534)
    Core Based Statistical Area (CBSA): Toledo, OH (#45780)
    CBSA Metro Statistical Area: Toledo, OH (#45780)
  • Financial Summary
  • Total assets: $2,106.8 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
  • 737Total employees (full-time equivalent)
  • $1,982,575Total assets
  • $72,811Cash and due from depository institutions
  • $3,258Interest-bearing balances
  • $350,979Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,487,425Net loans & leases
  • $24,217Loan loss allowance
  • $0Trading account assets
  • $23,174Bank premises and fixed assets
  • $452Other real estate owned
  • $22,419Goodwill and other intangibles
  • $0Life insurance assets
  • $25,315All other assets
  • $1,982,575Total liabilities and capital
  • $1,846,614Total liabilities
  • $1,522,228Total deposits
  • $1,296,847Interest-bearing deposits
  • $1,522,228Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $153,693Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $116,620Other borrowed funds
  • $36,000Subordinated debt
  • $18,073All other liabilities
  • $135,961Total equity capital
  • $135,961Total bank equity capital
  • $135,961Perpetual preferred stock
  • $0Common stock
  • $15,316Surplus
  • $66,597Undivided profits
  • Memoranda
  • $54,048Noncurrent loans and leases
  • $517,454Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,199Earning assets
  • $71Long-term assets (5+ years)
  • $10,082Average Assets, year-to-date
  • $1,841,662Average Assets, quarterly
  • $238,602Volatile liabilities
  • $1,950,216Insider loans
  • $1,976,916FHLB advances
  • $527,439Loans and leases held for sale
  • $22,968Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,718Total risk weighted assets
  • $517,454Total unused commitments
  • $113Restructured Loans and leases
  • $57,939Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $162,164Total interest income
  • $73,844Total interest expense
  • $88,320Net interest income
  • $3,010Provision for loan and lease losses
  • $31,710Total noninterest income
  • $0Fiduciary activities
  • $7,345Service charges on deposit accounts
  • $0Trading account gains & fees
  • $24,365Additional noninterest income
  • $62,380Total noninterest expense
  • $28,116Salaries and employee benefits
  • $5,743Premises and equipment expense
  • $28,521Additional noninterest expense
  • $54,640Pre-tax net operating income
  • -$300Securities gains (losses)
  • $18,706Applicable income taxes
  • $35,634Income before extraordinary items
  • $0Extraordinary gains - net
  • $35,634Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,882Sale, conversion, retirement of capital stock, net
  • $58,500Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.93%Yield on earning assets
  • 4.07%Cost of funding earning assets
  • 4.87%Net interest margin
  • 1.75%Noninterest income to earning assets
  • 3.44%Noninterest expense to earning assets
  • 1.84%Net operating income to assets
  • 1.83%Return on assets (ROA)
  • 2.79%Pretax return on assets
  • 23.97%Return on equity (ROE)
  • -15.38%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 104.44%Credit loss provision to net charge-offs
  • 20.00%Efficiency ratio
  • 51,731Assets per employee
  • 2.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 164.17%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 465.80%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.34%Net loans and leases to deposits
  • 97.71%Net loans and leases to core deposits
  • 121.90%Equity capital to assets
  • 6.86%Core capital (leverage) ratio
  • 6.21%Tier 1 risk-based capital ratio
  • 6.97%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $1,950,216Average earning assets
  • $148,673Average equity
  • $1,815,362Average loans

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