Western Reserve Bank
Medina, OH — Domestic Branch of a Domestic Bank
Acquired Dec 2012
Vitals
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Total Assets184.4M -5.5 %
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Total Deposits163.8M -6.4 %
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Total Net Loans136.9M -9.4 %
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Net Income730000.0000 -25.0 %
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Book Value18.4M 2.0 %
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Book Value x236.9M 2.0 %
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Book Value x355.3M 2.0 %
Balance Sheet Highlights
| Financial Highlights | Western Reserve Bank | All Insured Commercial Banks in Ohio |
| Balance Sheet $(000) | ||
| Total Assets | 184,362 | 310,158 |
| Total Net Loans | 136,879 | 191,703 |
| Total Deposits | 163,796 | 257,384 |
| Total Equity | 18,429 | 32,092 |
| Profitability | ||
| Net Income | 730 | 2,257 |
| Return on Average Assets | .514 | .818 |
| Return on Average Equity | 5.306 | 7.748 |
| Net Interest Margin | 3.689 | 3.823 |
| Efficiency Ratio | 75.497 | 68.862 |
| Noninterest Income/Revenue | 7.666 | 18.283 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 83.567 | 72.128 |
| Securities/Assets | .091 | .231 |
| Total Equity/Total Assets | .1 | .103 |
| Tangible Equity/Tangible Assets | .1 | .093 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 17,972 | 28,746 |
| Tier 2 Capital | 1,789 | 2,627 |
| Total Capital | 19,761 | 31,579 |
| Total Risk Weighted Assets | 142,022 | 199,458 |
| Leverage Ratio | 9.56 | 10.023 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 12.65 | 16.496 |
| Total Capital Ratio | 13.91 | 17.77 |
Timeline for Western Reserve Bank
Westfield Bank, Fsb
Western Reserve Bank was acquired by Westfield Bank, Fsb 11 years
View Profile Dec 01 2012
Western Reserve Bank
Western Reserve Bank was established 25 years ago and is currently headquartered in Medina, OH.
Nov 06 1998
Western Reserve Bancorp, Inc.
Western Reserve Bancorp, Inc. became a new parent organization for Western Reserve Bank.
View Profile Nov 06 1998| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Westfield Bank, Fsb | Buyer | 1,219,166 | Acquisition | Discontinued | 12/1/2012 |
| Relationships | Role | Relationship Start | Relationship End |
| Western Reserve Bancorp, Inc. | Parent | 11/6/1998 | 11/30/2012 |
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