Sutton Bank in Attica, Ohio (OH)



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Sutton Bank routing number info

Table of contents:
Sutton Bank
GeneralFDIC Certificate #: 5962
Status: Active
Federal Reserve ID: 110413
Bank Holding Company (Regulatory Top Holder): Sutton Bancshares, Inc. (RSSDID: 1134500, Location: Attica, OH)
Date Established: January 01, 1878
WWW: http://www.suttonbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
OTS Docket #: 10214
FDIC's unique #: 4045
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 3 South Main Street, Attica, OH 44807
County: Seneca
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
Combined Statistical Area (CSA): Findlay-Tiffin, OH (#248)
Core Based Statistical Area (CBSA): Tiffin, OH (#45660)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $352.9 mil
Equity capital: $35.1 mil
Deposits held in domestic offices: $276.4 mil
Return on assets (ROA): 1.19% ($4.2 mil)
Quarterly return on assets: 1.06% ($3.7 mil)
Return on Equity (ROE): 12.41% ($4.3 mil)
Quarterly return on equity: 10.65% ($3.7 mil)
Net income: $4.1 mil
Quarterly Net income: $0.9 mil
Pretax return on assets: 1.19% ($4,199.2 mil)
Quarterly Pretax return on assets: 1.06% ($3,740.5 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)89
Total assets$352,878
Cash and due from depository institutions$12,379
Interest-bearing balances$4,896
Securities$105,499
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$202,262
Loan loss allowance $3,500
Trading account assets$0
Bank premises and fixed assets$8,538
Other real estate owned$2,554
Goodwill and other intangibles$477
All other assets$21,169
Life insurance assets$352,878
Total liabilities and capital$317,753
Total liabilities$276,450
Total deposits$232,176
Interest-bearing deposits$276,450
Deposits held in domestic offices$90
% insured (estimated)6658.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$33,746
Other borrowed funds $0
Subordinated debt $899
All other liabilities $35,125
Total equity capital$35,125
Total bank equity capital$35,125
Perpetual preferred stock$0
Common stock$200
Surplus$5,385
Undivided profits $29,540
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $736
Income earned, not collected on loans $7,429
Earning assets $0
Long-term assets (5+ years) $1,903
Average Assets, year-to-date $312,657
Average Assets, quarterly $80,709
Volatile liabilities $346,324
Insider loans $350,361
FHLB advances $247,840
Loans and leases held for sale $352,541
Unused loan commitments $8,210
Tier 1 (core) risk-based capital $5,038
Tier 2 risk-based capital $30,804
Total risk weighted assets $0
Total unused commitments $3,172
Restructured Loans and leases $57,621
Derivatives$90
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $15,885
Total interest expense $3,915
Net interest income $11,970
Provision for loan and lease losses $1,976
Total noninterest income $4,338
Fiduciary activities $0
Service charges on deposit accounts $1,007
Trading account gains & fees $0
Additional noninterest income $3,331
Total noninterest expense $10,469
Salaries and employee benefits $5,488
Premises and equipment expense $1,960
Additional noninterest expense $3,021
Pre-tax net operating income $3,863
Securities gains (losses) $252
Applicable income taxes $0
Income before extraordinary items $4,115
Extraordinary gains - net $0
Net income attributable to bank $4,115
Net charge-offs $0
Cash dividends $4,115
Sale, conversion, retirement of capital stock, net $2,501
Net operating income $1,810
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.15%
Cost of funding earning assets 1.27%
Net interest margin 3.88%
Noninterest income to earning assets 1.41%
Noninterest expense to earning assets 3.40%
Net operating income to assets 1.12%
Return on assets (ROA) 1.19%
Pretax return on assets 1.19%
Return on equity (ROE) 12.41%
Retained earnings to average equity (YTD only) 6.95%
Net charge-offs to loans 1.23%
Credit loss provision to net charge-offs 79.01%
Efficiency ratio2.33%
Assets per employee$64,195
Cash dividends to net income (YTD only)3.96%
Condition Ratios (%)
Loss allowance to loans 43.99%
Loss allowance to noncurrent loans 1.70%
Noncurrent assets plus other real estate owned to assets 47.11%
Noncurrent loans to loans 2.83%
Net loans and leases to deposits3.61%
Net loans and leases to core deposits 73.16%
Equity capital to assets 82.70%
Core capital (leverage) ratio 9.95%
Tier 1 risk-based capital ratio 8.74%
Total risk-based capital ratio 12.43%
Memoranda
Average assets$14
Average earning assets$346,324
Average equity $33,153
Average loans $308,229
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8 Ohio Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
04045Sutton Bank3 South Main Street, Attica, OH 44807January 01, 1878Full Service Brick and Mortar
2208557Walton Street Branch301 Walton Street, Willard, OH 44890May 24, 1994Full Service Brick and Mortar
3208558New London Branch51 Park Street, New London, OH 44851April 13, 1995Full Service Brick and Mortar
4208559Sutton Bank Mortgage Branch2234 Village Mall Drive, Mansfield, OH 44906March 22, 1993Limited Service Loan Production
6357456Ashland Claremont Branch1804 Claremont Avenue, Ashland, OH 44805Febuary 10, 2000Full Service Brick and Mortar
8432335Mansfield Branch863 Lexington-Springmill Road, Mansfield, OH 44906September 27, 2004Full Service Brick and Mortar
9463540East Main Street Branch1521 East Main Street, Ashland, OH 44805May 23, 2007Full Service Brick and Mortar
10467323Lexington Avenue Branch595 Lexington Avenue, Mansfield, OH 44907July 30, 2007Full Service Brick and Mortar
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User Contributions:

David Masarek
Report this comment as inappropriate
Aug 19, 2012 @ 10:10 am
What percentage of net assets are eCelerate accounts?

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