Ontario National Bank
Clifton Springs, NY — Domestic Branch of a Domestic Bank
Acquired Dec 2006
Vitals
-
Total Assets93.2M -4.8 %
-
Total Deposits80.5M 1.0 %
-
Total Net Loans58.8M -17.2 %
-
Net Income484000.0000 -20.7 %
-
Book Value9.4M 4.3 %
-
Book Value x218.8M 4.3 %
-
Book Value x328.3M 4.3 %
Balance Sheet Highlights
Financial Highlights | Ontario National Bank | All Insured Commercial Banks in New York |
Balance Sheet $(000) | ||
Total Assets | 93,174 | 1,085,179 |
Total Net Loans | 58,772 | 5,511,680 |
Total Deposits | 80,529 | 1,092,989 |
Total Equity | 9,425 | 111,871 |
Profitability | ||
Net Income | 484 | 100,694 |
Return on Average Assets | .695 | 2.219 |
Return on Average Equity | 6.944 | 11.439 |
Net Interest Margin | 4.467 | 3.735 |
Efficiency Ratio | 79.582 | 69.831 |
Noninterest Income/Revenue | 11.925 | 81.489 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 72.982 | 71.979 |
Securities/Assets | .258 | 1.966 |
Total Equity/Total Assets | .101 | .103 |
Tangible Equity/Tangible Assets | .101 | -1.405 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 9,170 | 94,830 |
Tier 2 Capital | 783 | 274,545 |
Total Capital | 9,953 | 101,073 |
Total Risk Weighted Assets | 60,192 | 630,470 |
Leverage Ratio | 9.77 | 11.369 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 15.23 | 21.371 |
Total Capital Ratio | 16.54 | 22.331 |
Timeline for Ontario National Bank
Community Bank, National Association
Ontario National Bank was acquired by Community Bank, National Association 17 years
View Profile Dec 02 2006Onb Corporation
Onb Corporation became a new parent organization for Ontario National Bank.
View Profile Sep 30 1988Ontario National Bank
Ontario National Bank was established 117 years ago and is currently headquartered in Clifton Springs, NY.
Jan 01 1907Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Community Bank, National Association | Buyer | 8,666,604 | Acquisition | Discontinued | 12/2/2006 |
Relationships | Role | Relationship Start | Relationship End |
Onb Corporation | Parent | 9/30/1988 | 12/1/2006 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
The First National Bank Of Ely
|
Ely | NV | 93.6M |
Citizens National Bank
|
Crockett | TX | 94.0M |
The First National Bank Of Brundidge
|
Brundidge | AL | 92.5M |
The Fayette County National Bank Of Fayetteville
|
Fayetteville | WV | 94.0M |
First National Bank Of Menahga & Sebeka
|
Menahga | MN | 91.1M |
Bank Of Brookfield - Purdin, National Association
|
Brookfield | MO | 91.3M |
The Citizens National Bank Of Quitman
|
Quitman | GA | 95.2M |
Republicbankaz, N.A.
|
Phoenix | AZ | 90.0M |
Titan Bank, N.A.
|
Mineral Wells | TX | 96.5M |
The American National Bank Of Mount Pleasant
|
Mount Pleasant | TX | 91.8M |