First National Bank of Orrville

First National Bank of Orrville Locations

112 West Market Street
Orrville, OH 44867
330-682-1010
www.discoverfirstnational.com

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First National Bank of Orrville is headquartered in Orrville and is the 48^th largest bank in the state of Ohio. It is also the 1,533^rd largest bank in the nation. It was established in 1933 and as of December of 2012, it had grown to 113 employees at 14 locations. First National Bank of Orrville has a 5-star health rating.

FNB Orrville Sells Fairlawn Branch To PB&T + Other Accounts? (Forum) - 5/18/2013

Got a notice from FNB Orrville that Premier Bank & Trust bought their Fairlawn office. I'm confused, because the notice goes on to say that as of June 15, 2013 "your deposit and/or loan account(s) will become part of PB&T." It goes on

First Natl Bank Orrville Ohio Min Balance $100 Or Fee As Of 12/15/11 (Forum) - 11/15/2011

First National Bank of Orrville Ohio per 11/14/11 Statement: "ON 12-15-11, REWARD CHECKING BECOMES BONUS CHECKING. THERE IS A $5 FEE IF YOUR DAILY BALANCE FALLS BELOW $100 DURING THE MONTHLY STATEMENT PERIOD. THE QUALIFICATION CYCLE BEGINS AND ENDS ON TH

First National Bank Of Orrville Drops APY To 2.25% (Forum) - 6/15/2011

I just found out that First National has dropped it's rate to 2.25% APY on balances up to $25,000. It was previously at 2.97%.

High-Yield Reward Checking Account at First National Bank in Ohio - Now Limited to Ohio - 4/22/2011

First National Bank in Ohio is offering a high-yield reward checking account that can be opened online from any state. It's nice to have a new nationwide reward checking account. Hopefully, it'll rema ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

First National Bank of Orrville Checking Account Rates

Apy	Min	Max	Product
2.25%	-	$15k	Bonus Checking
0.50%	$10k	-	Platinum Checking
0.05%	$10k	$100k	Interest Checking
0.05%	$2,500	$100k	Business Interest Checking

First National Bank of Orrville Savings Account Rates

Apy	Min	Max	Product
0.50%	-	-	Bonus Savings
0.05%	-	-	Savings
0.05%	-	-	Health Savings Account
0.05%	-	$50k	Savings IRA
0.05%	-	$50k	Savings Roth IRA

First National Bank of Orrville Money Market Rates

	Apy	Min	Max	Product
	0.05%	-	$100k	Premium Money Market

First National Bank of Orrville CD Rates

Apy	Min	Max	Product
1.10%	$500	-	60 Month Special with Relationship CD
1.00%	$500	-	60 Month CD
0.75%	$500	-	48 - 59 Month CD
0.65%	$500	-	24 Month Special with Relationship CD
0.40%	$500	-	36 - 47 Month CD
0.30%	$500	-	24 - 35 Month CD
0.20%	$500	-	12 - 23 Month CD
0.15%	$500	-	182 - 364 Day CD
0.10%	$500	-	91 - 181 Day CD

First National Bank of Orrville IRA Rates

Apy	Min	Max	Product
1.10%	$500	-	60 Month Special with Relationship IRA
1.10%	$500	-	60 Month Special with Relationship Roth IRA
1.00%	$500	-	60 Month IRA
1.00%	$500	-	60 Month Roth IRA
0.75%	$500	-	48 - 59 Month IRA
0.75%	$500	-	48 - 59 Month Roth IRA
0.65%	$500	-	24 Month Special with Relationship IRA
0.65%	$500	-	24 Month Special with Relationship Roth IRA
0.40%	$500	-	36 - 47 Month IRA
0.40%	$500	-	36 - 47 Month Roth IRA
0.30%	$500	-	24 - 35 Month IRA
0.30%	$500	-	24 - 35 Month Roth IRA
0.20%	$500	-	12 - 23 Month IRA
0.20%	$500	-	12 - 23 Month Roth IRA
0.15%	$500	-	182 - 364 Day IRA
0.15%	$500	-	182 - 364 Day Roth IRA
0.10%	$500	-	91 - 181 Day IRA
0.10%	$500	-	91 - 181 Day Roth IRA

Rates updated: 5/22/2013

Data for Q4 2012

Institution Statistics

First National Bank
FDIC Certificate #	6667
BankRate Report	View
Year Established	1933
Employees	113
Primary Regulator	OCC
Assets and Liabilities
Assets	$438.17 million
Loans	$265.71 million
Deposits	$367.67 million
Equity Capital	$42.28 million
Loan Loss Allowance	$3.40 million
Unbacked Noncurrent Loans	$1.20 million
Real Estate Owned	$860,000
Historic Data - December 2011
Assets	$403.38 million
Equity Capital	$39.65 million
Loan Loss Allowance	$3.16 million
Unbacked Noncurrent Loans	$4.01 million
Real Estate Owned	$18,000
Profit Margin - Quarterly
Net Interest Margin	3.6%
Return on Assets	0.67%
Return on Equity	6.97%
Interest Income	$15.99 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 First National Bank of Orrville had $2.06 million in non-current loans and owned real-estate with $45.68 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of Orrville a Texas Ratio of 4.50% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for First National Bank of Orrville decreased significantly from 9.42% as of December 31, 2011 to 4.50% as of December 31, 2012, resulting in a positive change of 52.20%.This indicates that the balance sheet and financial strength for First National Bank of Orrville has improved significantly in recent periods.
Deposit Growth
In the past year, First National Bank of Orrville has increased its total deposits by $26.41 million, resulting in 7.74% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First National Bank of Orrville has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First National Bank of Orrville has $438.17 million in assets with $45.68 million in equity, resulting in a capitalization level of 10.42%, which is above average.