The Second National Bank of Warren in Warren, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 02, 2004

  • The Second National Bank of Warren in Warren, Ohio (OH)
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The Second National Bank of Warren - Overview

  • General
  • FDIC Certificate #: 6723
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sky Bank (#5982)
    Federal Reserve ID: 351122
    Date Established: May 10, 1880
    WWW: http://www.secondnationalbank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 33 (Interstate: No)
    OTS Docket #: 10693
    FDIC's unique #: 4505
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 02, 2004
    Last Structure Change Process Date: July 23, 2004
    Last Data Update: July 23, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 108 Main Avenue, S.W., Warren, OH 44482
    County: Trumbull
    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): Youngstown-Warren-Boardman, OH-PA (#49660)
    CBSA Metro Statistical Area: Youngstown-Warren-Boardman, OH-PA (#49660)
  • Financial Summary
  • Total assets: $2,002.7 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, 2003)

  • Dollar figures in thousands
  • 595Total employees (full-time equivalent)
  • $2,112,263Total assets
  • $45,383Cash and due from depository institutions
  • $5,003Interest-bearing balances
  • $589,453Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,330,946Net loans & leases
  • $18,874Loan loss allowance
  • $0Trading account assets
  • $18,956Bank premises and fixed assets
  • $713Other real estate owned
  • $38,798Goodwill and other intangibles
  • $0Life insurance assets
  • $88,014All other assets
  • $2,112,263Total liabilities and capital
  • $1,963,926Total liabilities
  • $1,215,343Total deposits
  • $1,045,167Interest-bearing deposits
  • $1,215,343Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $219,146Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $493,600Other borrowed funds
  • $0Subordinated debt
  • $35,837All other liabilities
  • $148,337Total equity capital
  • $148,337Total bank equity capital
  • $148,337Perpetual preferred stock
  • $0Common stock
  • $7,050Surplus
  • $45,806Undivided profits
  • Memoranda
  • $95,481Noncurrent loans and leases
  • $296,863Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $22,227Earning assets
  • $1,148Long-term assets (5+ years)
  • $8,496Average Assets, year-to-date
  • $1,925,402Average Assets, quarterly
  • $821,991Volatile liabilities
  • $1,980,146Insider loans
  • $2,091,579FHLB advances
  • $471,718Loans and leases held for sale
  • $11,411Unused loan commitments
  • $492,299Tier 1 (core) risk-based capital
  • $514,123Tier 2 risk-based capital
  • $32,414Total risk weighted assets
  • $296,863Total unused commitments
  • $1,017Restructured Loans and leases
  • $17,999Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $102,499Total interest income
  • $44,786Total interest expense
  • $57,713Net interest income
  • $7,610Provision for loan and lease losses
  • $31,751Total noninterest income
  • $2,560Fiduciary activities
  • $6,259Service charges on deposit accounts
  • $0Trading account gains & fees
  • $22,932Additional noninterest income
  • $51,693Total noninterest expense
  • $27,817Salaries and employee benefits
  • $8,619Premises and equipment expense
  • $15,257Additional noninterest expense
  • $30,161Pre-tax net operating income
  • $4,368Securities gains (losses)
  • $10,241Applicable income taxes
  • $24,288Income before extraordinary items
  • $0Extraordinary gains - net
  • $24,288Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $6,331Sale, conversion, retirement of capital stock, net
  • $16,654Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.71%Yield on earning assets
  • 2.49%Cost of funding earning assets
  • 3.21%Net interest margin
  • 1.77%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 1.07%Net operating income to assets
  • 1.23%Return on assets (ROA)
  • 1.74%Pretax return on assets
  • 16.06%Return on equity (ROE)
  • 5.05%Retained earnings to average equity (YTD only)
  • 0.51%Net charge-offs to loans
  • 120.20%Credit loss provision to net charge-offs
  • 5.97%Efficiency ratio
  • 57,352Assets per employee
  • 3.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 68.57%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 84.91%Noncurrent assets plus other real estate owned to assets
  • 1.09%Noncurrent loans to loans
  • 1.65%Net loans and leases to deposits
  • 109.51%Net loans and leases to core deposits
  • 122.43%Equity capital to assets
  • 7.02%Core capital (leverage) ratio
  • 7.30%Tier 1 risk-based capital ratio
  • 10.50%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,980,146Average earning assets
  • $151,230Average equity
  • $1,796,304Average loans

Total Fiduciary and Related Assets (December 31, 2003)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $461,259Managed Assets
  • 1Number of Accounts
  • $394,187Personal trust and agency accounts
  • $262,290Employee benefit-defined contribution accounts
  • $42,851Employee benefit-defined benefit accounts
  • $15,329Other retirement accounts
  • $14,318Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $58,093Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $1,306Non-managed Assets
  • 838Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $67,072Other retirement accounts
  • $11,203Corporate trust and agency accounts
  • $8,444Other fiduciary accounts
  • $11,357Fiduciary accounts held in foreign offices

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