The Richland Trust Company in Mansfield, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 30, 2008

  • The Richland Trust Company in Mansfield, Ohio (OH)
  • Show street view No street view available for this location

The Richland Trust Company - Overview

  • General
  • FDIC Certificate #: 9433
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Park National Bank (#6653)
    Federal Reserve ID: 695228
    Date Established: January 01, 1898
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Interstate: No)
    OTS Docket #: 12950
    FDIC's unique #: 6060
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 30, 2008
    Last Structure Change Process Date: September 29, 2008
    Last Data Update: September 29, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 3 North Main Street, Mansfield, OH 44901
    County: Richland
    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): Mansfield, OH (#4800)
    Combined Statistical Area (CSA): Mansfield-Bucyrus, OH (#360)
    Core Based Statistical Area (CBSA): Mansfield, OH (#31900)
    CBSA Metro Statistical Area: Mansfield, OH (#31900)
  • Financial Summary
  • Total assets: $525.3 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, 2007)

  • Dollar figures in thousands
  • 153Total employees (full-time equivalent)
  • $519,036Total assets
  • $15,240Cash and due from depository institutions
  • $0Interest-bearing balances
  • $257,448Securities
  • $13,180Federal funds sold & reverse repurchase agreements
  • $215,240Net loans & leases
  • $4,773Loan loss allowance
  • $0Trading account assets
  • $2,220Bank premises and fixed assets
  • $0Other real estate owned
  • $729Goodwill and other intangibles
  • $5,389Life insurance assets
  • $14,979All other assets
  • $519,036Total liabilities and capital
  • $487,736Total liabilities
  • $401,377Total deposits
  • $356,832Interest-bearing deposits
  • $401,377Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $39,396Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $44,407Other borrowed funds
  • $0Subordinated debt
  • $2,556All other liabilities
  • $31,300Total equity capital
  • $31,300Total bank equity capital
  • $31,300Perpetual preferred stock
  • $0Common stock
  • $1,457Surplus
  • $14,043Undivided profits
  • Memoranda
  • $15,800Noncurrent loans and leases
  • $75,491Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,794Earning assets
  • $0Long-term assets (5+ years)
  • $2,482Average Assets, year-to-date
  • $485,868Average Assets, quarterly
  • $271,919Volatile liabilities
  • $545,522Insider loans
  • $548,413FHLB advances
  • $126,148Loans and leases held for sale
  • $14,863Unused loan commitments
  • $42,489Tier 1 (core) risk-based capital
  • $1,335Tier 2 risk-based capital
  • $236Total risk weighted assets
  • $75,491Total unused commitments
  • $0Restructured Loans and leases
  • $3,307Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $32,281Total interest income
  • $15,139Total interest expense
  • $17,142Net interest income
  • $2,200Provision for loan and lease losses
  • $5,254Total noninterest income
  • $1,039Fiduciary activities
  • $2,141Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,074Additional noninterest income
  • $11,249Total noninterest expense
  • $6,417Salaries and employee benefits
  • $854Premises and equipment expense
  • $3,978Additional noninterest expense
  • $8,947Pre-tax net operating income
  • $0Securities gains (losses)
  • $3,032Applicable income taxes
  • $5,915Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,915Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,766Sale, conversion, retirement of capital stock, net
  • $2,900Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.31%Yield on earning assets
  • 2.96%Cost of funding earning assets
  • 3.35%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 2.20%Noninterest expense to earning assets
  • 1.08%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.64%Pretax return on assets
  • 21.01%Return on equity (ROE)
  • 10.71%Retained earnings to average equity (YTD only)
  • 1.18%Net charge-offs to loans
  • 79.54%Credit loss provision to net charge-offs
  • 4.03%Efficiency ratio
  • 50,228Assets per employee
  • 3.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.03%Loss allowance to loans
  • 2.17%Loss allowance to noncurrent loans
  • 99.56%Noncurrent assets plus other real estate owned to assets
  • 0.92%Noncurrent loans to loans
  • 2.18%Net loans and leases to deposits
  • 53.63%Net loans and leases to core deposits
  • 60.27%Equity capital to assets
  • 6.03%Core capital (leverage) ratio
  • 5.68%Tier 1 risk-based capital ratio
  • 11.36%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $545,522Average earning assets
  • $28,159Average equity
  • $511,775Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $156,452Managed Assets
  • 1Number of Accounts
  • $125,421Personal trust and agency accounts
  • $67,723Employee benefit-defined contribution accounts
  • $2,717Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $9,573Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $45,408Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 413Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $31,031Other retirement accounts
  • $2,614Corporate trust and agency accounts
  • $26,307Other fiduciary accounts
  • $2,103Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Richland Trust Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents