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)
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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

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