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Overview / Commentary
3 South Main Street
Attica, OH 44807

Sutton Bank is headquartered in Attica and is the 54th largest bank in the state of Ohio. It is also the 1,746th largest bank in the nation. It was established in 1878 and as of March of 2014, it had grown to 81 employees at 9 locations. Sutton Bank has a A+ health rating.

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Reviews (2)

Business Ethics

Our relationship with Sutton Bank has continuously deteriorated since they lost the origonal loan agent I worked with.  I have experienced one unproffessional behavior after another with them.  I don't believe they are looking out for the best interest of my company, and don't treat small accounts with any respect.  Tread lightly when working with this bank.

Fees For Everything

They charge customers added fees for everything!!! Looking for a better HSA who does not nickle and dime you everytime you turn around. Horrible!!!


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Sutton Bank had $1.93 million in non-current loans and owned real-estate with $40.43 million in equity and loan loss allowances on hand to cover it. This gives Sutton Bank a Texas Ratio of 4.77% 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 Sutton Bank decreased dramatically from 17.37% as of March 31, 2013 to 4.77% as of March 31, 2014, resulting in a positive change of 72.55%.This indicates that the balance sheet and financial strength for Sutton Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Sutton Bank has increased its total deposits by $39.21 million, resulting in 13.65% 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 Sutton Bank has shown is excellent.



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. Sutton Bank has $379.05 million in assets with $40.43 million in equity, resulting in a capitalization level of 10.67%, which is above average.

Institution Statistics

FDIC Certificate #5962
Year Established1878
Primary RegulatorFDIC
Assets and Liabilities
Assets$379.05 million
Loans$245.73 million
Deposits$326.38 million
Equity Capital$37.28 million
Loan Loss Allowance$3.15 million
Unbacked Noncurrent Loans$1.35 million
Real Estate Owned$581,000
Historic Data - March 2013
Assets$348.06 million
Equity Capital$37.57 million
Loan Loss Allowance$3.17 million
Unbacked Noncurrent Loans$1.35 million
Real Estate Owned$1.63 million
Profit Margin - Quarterly
Net Interest Margin3.93%
Return on Assets1.84%
Return on Equity18.85%
Interest Income$3.84 million
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Sutton Bank Savings Account Rates

0.50%--Rewards Savings - Qualifying
0.15%--Rewards Savings - Non Qualifying

Sutton Bank Checking Account Rates

1.77%-$25kRewards Checking - Qualifying
0.05%--Rewards Checking - Non Qualifying

Sutton Bank Locations
East Main Street Branch1521 East Main StreetAshland, OH 44805
Ashland Claremont Branch1804 Claremont AvenueAshland, OH 44805
Sutton Bank3 South Main StreetAttica, OH 44807
Walton Street Branch301 Walton StreetWillard, OH 44890
New London Branch51 Park StreetNew London, OH 44851
Lexington Avenue Branch595 Lexington AvenueMansfield, OH 44907
Tiffin Oh Branch709 West Market StreetTiffin, OH 44883
Mansfield Branch863 Lexington-Springmill RoadMansfield, OH 44906