FDIC Certificate #: 35403 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Huntington National Bank (#6560) Federal Reserve ID: 2866385 Date Established: December 31, 1999 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 79508 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: December 31, 1999 Last Structure Change Effective Date: August 31, 2007 Last Structure Change Process Date: September 27, 2007 Last Data Update: September 27, 2007 Data Source Date: April 05, 2012
Location
Address: 30100 Chagrin Boulevard, Suite 106, Pepper Pike, OH 44124 County: Cuyahoga 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): Cleveland-Elyria-Mentor, OH (#17460) CBSA Metro Statistical Area: Cleveland-Elyria-Mentor, OH (#17460)
Financial Summary
Total assets: $14.4 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2006)
Dollar figures in thousands
123Total employees (full-time equivalent)
$12,828Total assets
$7,111Cash and due from depository institutions
$7,111Interest-bearing balances
$99Securities
$0Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$679Bank premises and fixed assets
$0Other real estate owned
$1,078Goodwill and other intangibles
$0Life insurance assets
$3,861All other assets
$12,828Total liabilities and capital
$2,853Total liabilities
$500Total deposits
$0Interest-bearing deposits
$500Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,353All other liabilities
$9,975Total equity capital
$9,975Total bank equity capital
$9,975Perpetual preferred stock
$0Common stock
$1,500Surplus
$1,585Undivided profits
Memoranda
$6,890Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$1Average Assets, year-to-date
$7,210Average Assets, quarterly
$0Volatile liabilities
$12,865Insider loans
$13,171FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$207Total interest income
$0Total interest expense
$207Net interest income
$0Provision for loan and lease losses
$25,993Total noninterest income
$25,993Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$20,416Total noninterest expense
$12,111Salaries and employee benefits
$1,113Premises and equipment expense
$7,192Additional noninterest expense
$5,784Pre-tax net operating income
$0Securities gains (losses)
$2,106Applicable income taxes
$3,678Income before extraordinary items
$0Extraordinary gains - net
$3,678Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$3,000Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.83%Yield on earning assets
0.00%Cost of funding earning assets
2.83%Net interest margin
355.80%Noninterest income to earning assets
279.46%Noninterest expense to earning assets
28.59%Net operating income to assets
28.59%Return on assets (ROA)
44.96%Pretax return on assets
35.30%Return on equity (ROE)
6.51%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
76,492Assets per employee
0.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
81.57%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
77.76%Core capital (leverage) ratio
74.23%Tier 1 risk-based capital ratio
149.23%Total risk-based capital ratio
Memoranda
$149Average assets
$12,865Average earning assets
$10,418Average equity
$7,306Average loans
Total Fiduciary and Related Assets (December 31, 2006)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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