Steel Valley Bank, National Association in Dillonvale, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 03, 2005

  • Steel Valley Bank, National Association in Dillonvale, Ohio (OH)
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Steel Valley Bank, National Association - Overview

  • General
  • FDIC Certificate #: 13918
    Status: Inactive
    Closing history: Participated in Reorganization
    Acquiring institution: Ameribank, Inc. (#6782)
    Federal Reserve ID: 875619
    Date Established: January 01, 1901
    WWW: http://www.steelvalleybank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 15679
    FDIC's unique #: 8704
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 17, 1934
    Last Structure Change Effective Date: January 03, 2005
    Last Structure Change Process Date: January 26, 2005
    Last Data Update: January 26, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Dillonvale, OH 43917
    County: Jefferson
    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): Steubenville-Weirton, OH-WV (#8080)
    Core Based Statistical Area (CBSA): Steubenville-Weirton, OH-WV (#44600)
    CBSA Metro Statistical Area: Steubenville-Weirton, OH-WV (#44600)
  • History of Changes
  • Merger - Without Assistance
    Participated in Reorganization
  • Financial Summary
  • Total assets: $51.4 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, 2004)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $51,413Total assets
  • $13,607Cash and due from depository institutions
  • $11,000Interest-bearing balances
  • $54Securities
  • $2,489Federal funds sold & reverse repurchase agreements
  • $32,770Net loans & leases
  • $1,006Loan loss allowance
  • $0Trading account assets
  • $1,201Bank premises and fixed assets
  • $140Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,152All other assets
  • $51,413Total liabilities and capital
  • $46,112Total liabilities
  • $44,814Total deposits
  • $35,691Interest-bearing deposits
  • $44,814Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,000Other borrowed funds
  • $0Subordinated debt
  • $298All other liabilities
  • $5,301Total equity capital
  • $5,301Total bank equity capital
  • $5,301Perpetual preferred stock
  • $1,195Common stock
  • $305Surplus
  • $2,455Undivided profits
  • Memoranda
  • $1,346Noncurrent loans and leases
  • $3,365Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,863Earning assets
  • $216Long-term assets (5+ years)
  • $210Average Assets, year-to-date
  • $46,313Average Assets, quarterly
  • $8,718Volatile liabilities
  • $54,315Insider loans
  • $52,830FHLB advances
  • $7,971Loans and leases held for sale
  • $906Unused loan commitments
  • $1,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,365Total unused commitments
  • $9Restructured Loans and leases
  • $459Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $2,886Total interest income
  • $965Total interest expense
  • $1,921Net interest income
  • $309Provision for loan and lease losses
  • $422Total noninterest income
  • $0Fiduciary activities
  • $228Service charges on deposit accounts
  • $0Trading account gains & fees
  • $194Additional noninterest income
  • $2,781Total noninterest expense
  • $1,048Salaries and employee benefits
  • $240Premises and equipment expense
  • $1,493Additional noninterest expense
  • -$747Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$747Income before extraordinary items
  • $0Extraordinary gains - net
  • -$747Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $155Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.87%Yield on earning assets
  • 1.96%Cost of funding earning assets
  • 3.91%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 5.66%Noninterest expense to earning assets
  • -1.38%Net operating income to assets
  • -1.38%Return on assets (ROA)
  • -1.38%Pretax return on assets
  • -12.80%Return on equity (ROE)
  • -12.80%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 199.35%Credit loss provision to net charge-offs
  • -2.83%Efficiency ratio
  • 118,694Assets per employee
  • 2.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.98%Loss allowance to noncurrent loans
  • 54.00%Noncurrent assets plus other real estate owned to assets
  • 3.90%Noncurrent loans to loans
  • 5.52%Net loans and leases to deposits
  • 73.12%Net loans and leases to core deposits
  • 86.59%Equity capital to assets
  • 10.31%Core capital (leverage) ratio
  • 9.61%Tier 1 risk-based capital ratio
  • 14.12%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $54,315Average earning assets
  • $5,837Average equity
  • $49,156Average loans

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