Falls Bank
Stow, OH — Domestic Branch of a Domestic Bank
Acquired Dec 2005
Vitals
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Total Assets80.3M -0.5 %
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Total Deposits54.2M 9.0 %
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Total Net Loans67.7M 2.0 %
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Net Income
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Book Value7.5M 0.5 %
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Book Value x215.0M 0.5 %
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Book Value x322.6M 0.5 %
Balance Sheet Highlights
Financial Highlights | Falls Bank | All Insured Savings Banks in Ohio |
Balance Sheet $(000) | ||
Total Assets | 80,348 | 119,666 |
Total Net Loans | 67,722 | 83,907 |
Total Deposits | 54,241 | 81,414 |
Total Equity | 7,525 | 13,297 |
Profitability | ||
Net Income | — | 1,620 |
Return on Average Assets | — | .939 |
Return on Average Equity | — | 8.296 |
Net Interest Margin | 2.465 | 3.516 |
Efficiency Ratio | 105.1 | 76.643 |
Noninterest Income/Revenue | 9.675 | 5.258 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 124.854 | 101.538 |
Securities/Assets | .048 | .486 |
Total Equity/Total Assets | .094 | .111 |
Tangible Equity/Tangible Assets | .091 | .102 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 7,532 | 13,161 |
Tier 2 Capital | 528 | 791 |
Total Capital | 8,060 | 13,950 |
Total Risk Weighted Assets | 49,524 | 66,986 |
Leverage Ratio | 8.84 | 13.2 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 15.21 | 23.97 |
Total Capital Ratio | 16.27 | 25.123 |
Timeline for Falls Bank
Sky Financial Group, Inc.
Sky Financial Group, Inc. became a new parent organization for Falls Bank.
View Profile Nov 29 2005Falls Bank
Falls Bank was established 24 years ago and is currently headquartered in Stow, OH.
Jun 14 1999Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Sky Bank | Buyer | 16,609,763 | Pooling of Interests | Discontinued | 12/3/2005 |
Relationships | Role | Relationship Start | Relationship End |
Sky Financial Group, Inc. | Parent | 11/29/2005 | 12/2/2005 |
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