| Business Summary | | First
Citizens
Banc
Corp
is
a
bank
holding
company
that
conducts
general
banking
business
through
its
three
banking
subsidiaries,
The
Citizens
Banking
Company,
The
Farmers
State
Bank
and
The
Castalia
Banking
Company
(collectively,
the
Banks).
The
Banks
are
located
in
Erie,
Crawford,
Huron,
Union,
Marion,
Richland
and
Ottawa
Counties,
Ohio,
and
conduct
a
general
banking
business
that
involves
collecting
customer
deposits,
making
loans
and
purchasing
securities.
The
Company's
other
subsidiaries
include
SCC
Resources
Inc.,
which
provides
item-processing
services
for
financial
institutions,
including
the
Banks,
and
other
non-related
entities,
R.
A.
Reynolds
Appraisal
Service,
Inc.,
which
provides
real
estate
appraisal
services,
for
lending
purposes,
to
the
Banks
and
other
financial
institutions
and
Mr.
Money
Finance
Company,
which
provides
consumer-lending
products
to
customers
who
may
not
qualify
for
conventional
commercial
bank
lending
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Citizens
Banc
Corporation
is
a
bank
holding
company
which
conducts
general
banking
business
through
its
subsidiaries.
For
the
six
months
ended
6/30/01,
interest
income
rose
11%
to
$18.2
million.
Net
interest
income
after
LLP
rose
5%
to
$9.3
million.
Net
income
fell
9%
to
$2.3
million.
Net
interest
income
reflects
an
increase
in
interest
earning
assets,
partially
offset
by
higher
deposits.
Net
income
was
offset
by
higher
salaries,
wages,
and
benefits. | More
from
Market Guide: Significant
Developments |
| | | Lowell
W. Leech,
Chmn. David
A. Voight,
Pres. Donna
J. Dalferro,
VP/Secy. James
O. Miller,
Exec. VP. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|