# FIRST PLACE BANK
WARREN, OH · FDIC certificate 34657 · asset band $1-10B · latest filing 2013-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $2.24B | |
| Deposits | $1.76B | |
| Loans and leases | $1.60B | |
| Total equity | $321.2M | |
| Loans / deposits | 89.93% (p68 of band) | 81.75% |
| Liquid assets / assets | 16.78% (p18 of band) | |
| Uninsured deposits / deposits | 12.01% (p21 of band) | 22.64% |
| Brokered deposits | 0.20% | |
| Wholesale funding | 6.13% (p39 of band) | |
| FHLB advances / assets | 2.80% | |
| Tier 1 leverage | 11.69% (p80 of band) | 9.73% |
| Unrealized securities loss / equity | -2.65% (p36 of band) | -1.30% |
| AOCI / equity | -1.72% (p61 of band) | |
| ROA (annualized) | 1.21% (p74 of band) | 0.93% |
| Net interest margin | 3.64% (p58 of band) | 3.53% |
| Efficiency ratio | 75.34% (p74 of band) | |
| Noncurrent loans | 3.62% (p90 of band) | 1.18% |
| Net charge-offs (annualized) | 0.33% (p84 of band) | |
| Reserve coverage of noncurrent | 16.38% | |
| Real estate % of loans | 96% | |
| Construction % of loans | 54.41% (p78 of band) | |
| Auto loans | $292,000 (0.02% of loans; DQ 5.82%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p38 of band) | |
| Deposits YoY | -16.9% | |
| Employees | 682 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | wholesale funding >15%, leverage <7%, losing money, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 6 | loans exceed deposits |  |
| 2011-09 | 4 |  | wholesale funding >15%, loans exceed deposits |
| 2011-12 | 8 | leverage <5%, noncurrent p90, construction >100% equity |  |
| 2012-03 | 10 | assets shrinking, uninsured deposits leaving |  |
| 2012-06 | 5 |  | losing money, leverage <5%, noncurrent p90, construction >100% equity |
| 2012-09 | 6 | deposits shrinking |  |
| 2012-12 | 4 |  | assets shrinking, deposits shrinking |
| 2013-03 | 2 | deposits shrinking | leverage <7%, charge-offs p90, uninsured deposits leaving |
| 2013-06 | 2 |  |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 4 | noncurrent p90, assets shrinking |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-06-09 [Society of Hispanic Professional Engineers Wins First Place at Bank of America’s National Code-A-Thon - Kennesaw State University](https://news.google.com/rss/articles/CBMi8wFBVV95cUxOMTY5ZFdEX0dIXzFQcUlHVXVDdUU2U0c4RGxiR2owNjVGRVNCdzNUVUllVjR2X3pnUDNrSFluR2libm9fZzVOV2FDc3Z4VGE0YVJIdHlQdkRDc1FIUUNDOXVxZHpaMmszSHFhZ1ZCcWNTVnMxdzhiVm5kMDVwaThLSWlTcFM1VGQyWVVOQ3lmR0RfaHpYaGk4R21FMGZRcHExR2l5ODJSV3N0Z1lzQXNXTVFJRWgwSmJfQVhQc1BrWktNNTlXTFhzWWQ5UFRKbnVhbG5uQ19kUXNkcHJQM2tZeGpBbkhyLWVoT3J4SWszS1hCN3c?oc=5) · Kennesaw State University
- 2016-06-22 [PRESS RELEASE OF FIRST PLACE FINANCIAL CORP. DATED NOVEMBER 10, 2003 - SEC.gov](https://news.google.com/rss/articles/CBMigwFBVV95cUxPZjBUTXZXV1N5LW1Gc1dCenl6TDlDTHN0QWJsY2Vzd0R0Zm9KT0owMzFWcU9ZSVFneHNnZDA4eFdRczJwbVRBMW1rbVFoYnJBRXpwTUhMaTFQVDhBUTZIcFpDYkJSQ0dnWnNEWFE0WnYzekozYUtZZjhPT2hHRzd1X3RXOA?oc=5) · SEC.gov
- 2017-06-07 [All but one Cleveland-area bank now ranks high for financial strength - Cleveland.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxOdG9KRjRRSENqUEx3ZUZCMHNZdTlEVFduUGg5Q0wzUXptRllQbzROOVBBQ0NELVV0N1dYQ2ZHeDZYVjQzVlhzdmx6UXNRSExoRUlrWm9Ia0tCRVZ5bHpFbGRMN285d1pQRWFCdzRGdEE5ZXBTSWc0TUNXVW5vSk1YVG1venM?oc=5) · Cleveland.com
- 2012-10-29 [Talmer Bancorp to Buy and Recapitalize Ohio's First Place Bank - American Banker](https://news.google.com/rss/articles/CBMingFBVV95cUxNS3pMTWs5dUFkUF9hQlBrd3hEbWt6alE2Z2RwS08weGtXVWpJaG5GakpzTmFpVjFtTUhwckcyMk8tcG9LQU9kMi1UbmpDYlRPdG5oanlYTS1aVXZHOWpzaXhCZkxpc2pHdHpUNGNpQlBuekhIZGtUa2pXYmxYR3FuSHBxb3ZUTS1reDJ0TEhtbmJ0YWU4Mzd4TWRlT09ZUQ?oc=5) · American Banker
- 2024-11-25 [First Foundation names new CEO - Banking Dive](https://news.google.com/rss/articles/CBMirAFBVV95cUxOMVJ6SkdTMjN1NW9EVHhHSkprQXNGXzREOWwyZ1VmN01KaFhhQWVZRUx6UVhfNU1ramVvYksyWmpmeTdNMmlBTlMzUUZwRzVaeXU5WDNKTnpXSzc5dHZiYWc2bGpEQUdFclhfVFdtaFozN0hMYllwVEthYmgxVXNMRmptV0NWNkxsYWJ6SGgwQ2NqVHI4eklmVTdzc1Bta2ZwRFM1OVZOeTNpNWRa?oc=5) · Banking Dive
- 2025-07-01 [2025 Services & Finance Winners - Chronogram Magazine](https://news.google.com/rss/articles/CBMigwFBVV95cUxQRXotY0JOSmZKMHA0bzJFWmZiVFpwa0dxOURvUnNCbnJleDc5dElmajFLN0gxLWJyRHBTdUROMGVaRUxteE5iQjBEU19JZ05uMlNjWWtNQWdOdzVYU00xYzVMSG5jZU1FZUdaMHY4X28wRk9hRElva3o4TU9iLWliWVZZQQ?oc=5) · Chronogram Magazine
- 2014-01-22 [FBI catches suspect in serial bank robberies - Cleveland 19 News](https://news.google.com/rss/articles/CBMiX0FVX3lxTE5zQkdQLU81VmEtT3VwSWJURTlTNHZCZEZUaktEOVZPZjdJbHFnUzZnT3h5NXowZjV1MHRBR29POHNISHFFeVgxMWo3UXpfZlZvU201QkI4ZWk5M2JNZmJN0gFyQVVfeXFMT2pzUVAwSXpOVEhCb3lCZGgtWkVQRXlISUM2NHV1bXIwQkNqV0RoTHduajVUdnJjM20xTWs3N3ZkeWg0bGFXZ0V3Z1BZV0pwOWl5aHdrRmVEOXNiSjRaV3pIZkxhdC1Dd2tkWW5pcDZHOW9n?oc=5) · Cleveland 19 News
- 2026-08-17 [Illinois State Fair names Miles of Smiles Parade winners - The State Journal-Register](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNamVZNS11V1pPVkhyX284WnpNRTE2YnRCcXVNMENReXZtcFpGWTBtSzN0OVNxajJBS19CVWlRNlRTUHhSVnVNc0hJQm1GSzcwYlNKTTZIMmVEV1FLYjN1Sm80RHdScnRWUTRQN1RPQldqWXotY2wxYTV3dnhrUWF3aUlXRldKeV9HRTlpdUtUVFBBdDg2NXJCZUhKZUw1UHVuUncxejNEM3hFdGdyWmRwQ0I3c2pwMURR?oc=5) · The State Journal-Register

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34657 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/33.json (key "34657", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide