The New Waterford Bank in New Waterford, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 17, 1994

  • The New Waterford Bank in New Waterford, Ohio (OH)
  • Show street view No street view available for this location

The New Waterford Bank - Overview

  • General
  • FDIC Certificate #: 8393
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sky Bank (#14641)
    Federal Reserve ID: 617921
    Date Established: January 01, 1906
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 5347
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 17, 1994
    Last Structure Change Process Date: January 17, 1995
    Last Data Update: January 17, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 3761 Silliman Street, New Waterford, OH 44445
    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: $63.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $49Total assets
  • $70,850Cash and due from depository institutions
  • $2,297Interest-bearing balances
  • $0Securities
  • $26,017Federal funds sold & reverse repurchase agreements
  • $2,850Net loans & leases
  • $37,557Loan loss allowance
  • $1,075Trading account assets
  • $0Bank premises and fixed assets
  • $865Other real estate owned
  • $295Goodwill and other intangibles
  • $969Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $70,850Total liabilities
  • $66,164Total deposits
  • $64,430Interest-bearing deposits
  • $55,838Deposits held in domestic offices
  • 64430.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $1,083Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $651Total equity capital
  • $651Total bank equity capital
  • $4,686Perpetual preferred stock
  • $0Common stock
  • $800Surplus
  • $1,289Undivided profits
  • Memoranda
  • $2,597Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $542Income earned, not collected on loans
  • $151Earning assets
  • $66,424Long-term assets (5+ years)
  • $10,547Average Assets, year-to-date
  • $71,435Average Assets, quarterly
  • $70,403Volatile liabilities
  • $3,835Insider loans
  • $905FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,005Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,686Total risk weighted assets
  • $40,265Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,776Total interest expense
  • $2,274Net interest income
  • $2,502Provision for loan and lease losses
  • $297Total noninterest income
  • $389Fiduciary activities
  • $0Service charges on deposit accounts
  • $99Trading account gains & fees
  • $0Additional noninterest income
  • $290Total noninterest expense
  • $2,395Salaries and employee benefits
  • $1,099Premises and equipment expense
  • $297Additional noninterest expense
  • $999Pre-tax net operating income
  • $199Securities gains (losses)
  • $0Applicable income taxes
  • $16Income before extraordinary items
  • $183Extraordinary gains - net
  • $0Net income attributable to bank
  • $183Net charge-offs
  • $82Cash dividends
  • $78Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.12%Cost of funding earning assets
  • 3.39%Net interest margin
  • 3.73%Noninterest income to earning assets
  • 0.58%Noninterest expense to earning assets
  • 3.57%Net operating income to assets
  • 0.26%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 0.28%Return on equity (ROE)
  • 3.95%Retained earnings to average equity (YTD only)
  • 2.27%Net charge-offs to loans
  • 0.20%Credit loss provision to net charge-offs
  • 362.20%Efficiency ratio
  • 82,843Assets per employee
  • 1.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.62%Loss allowance to loans
  • 2.78%Loss allowance to noncurrent loans
  • 198.34%Noncurrent assets plus other real estate owned to assets
  • 1.18%Noncurrent loans to loans
  • 1.40%Net loans and leases to deposits
  • 58.29%Net loans and leases to core deposits
  • 60.89%Equity capital to assets
  • 6.61%Core capital (leverage) ratio
  • 6.65%Tier 1 risk-based capital ratio
  • 11.64%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $71,435Average earning assets
  • $4,628Average equity
  • $67,047Average loans

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