Lake National Bank
Mentor, OH — Domestic Branch of a Domestic Bank
Acquired Jul 2016
Vitals
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Total Assets156.6M 4.1 %
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Total Deposits139.7M 5.3 %
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Total Net Loans122.4M 2.6 %
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Net Income407000.0000 -13.6 %
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Book Value14.4M 2.7 %
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Book Value x228.7M 2.7 %
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Book Value x343.1M 2.7 %
Balance Sheet Highlights
Financial Highlights | Lake National Bank | All Insured Commercial Banks in Ohio |
Balance Sheet $(000) | ||
Total Assets | 156,575 | 479,081 |
Total Net Loans | 122,367 | 325,002 |
Total Deposits | 139,712 | 387,382 |
Total Equity | 14,363 | 52,286 |
Profitability | ||
Net Income | 407 | 2,507 |
Return on Average Assets | .52 | .87 |
Return on Average Equity | 5.708 | 7.85 |
Net Interest Margin | 3.847 | 3.672 |
Efficiency Ratio | 68.44 | 68.603 |
Noninterest Income/Revenue | 6.192 | 19.462 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 87.585 | 76.447 |
Securities/Assets | .012 | .195 |
Total Equity/Total Assets | .092 | .109 |
Tangible Equity/Tangible Assets | .091 | .096 |
Capital Adequacy | ||
Tier 1 Common Capital | 14,363 | 45,962 |
Tier 1 Capital | 14,363 | 46,236 |
Tier 2 Capital | 1,655 | 3,928 |
Total Capital | 16,018 | 50,159 |
Total Risk Weighted Assets | 131,848 | 350,689 |
Leverage Ratio | 9.01 | 10.598 |
Common Equity Tier 1 Capital Ratio | 10.89 | 16.771 |
Tier 1 Capital Ratio | 10.89 | 16.788 |
Total Capital Ratio | 12.15 | 17.905 |
Timeline for Lake National Bank
Lake National Bank
Lake National Bank was established 19 years ago and is currently headquartered in Mentor, OH.
Jan 18 2005Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Cnb Bank | Buyer | 2,519,687 | Acquisition | Discontinued | 7/16/2016 |
Relationships | Role | Relationship Start | Relationship End |
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