State Coverage: Ohio

Park National of Ohio Earns Nearly $12 Million in 4Q

American Banker | Feb 07

Park National Corp. in Newark, Ohio, swung to a profit in the fourth quarter but still earned less than what analysts were expecting.

NB&T in Ohio Projects Larger Loan-Loss Provision in 4Q

American Banker | Dec 29

NB&T Financial Group Inc. in Wilmington, Ohio, said it expects fourth-quarter provision for loan losses to be "substantially" higher than it was last quarter due to a likely default on a loan to a single commercial customer that has $1 million balance.

Park National in Ohio Warns of Higher 2011 Provision

American Banker | Dec 15

Park National Corp. in Newark, Ohio, warned in a regulatory filing Wednesday that its 2011 loan-loss provision will be higher than anticipated after regulators said its Vision Bank unit improperly accounted for guarantor-support loans.

United Community in Ohio Raises $2 Million

American Banker | Dec 14

United Community Financial Corp. in Youngstown, Ohio, said Wednesday that it raised about $2 million from selling 1.6 million shares of common stock to an unnamed investor.

Home Savings in Ohio Changes Name

American Banker | Dec 13

Hometown Bancorp in Kent, Ohio, has changed the name of its banking unit to Hometown Bank from Home Savings Bank.

First Midwest, First Financial and MidSouth Complete Deals

American Banker | Dec 05

First Midwest Bancorp Inc. in Itasca, Ill., First Financial Bancorp in Cincinnati and MidSouth Bancorp Inc. in Lafayette, La., have finalized separate acquisitions.

KeyBank Appoints Executive to Lead Underserved Program

American Banker | Oct 27

KeyBank said Wednesday it has appointed Rodney Drake as vice president and coordinator for its program geared towards low-income and underserved customers.

Commercial Loans Boost FirstMerit's Profits

American Banker | Oct 25

FirstMerit Corp. in Akron, Ohio, reported third-quarter earnings of $31.7 million, up about 9% year over year, thanks to increased commercial lending activity and fewer problem assets.

Shareholders at Ohio's Central Federal Approve Recapitalization Plan

American Banker | Oct 21

Under an order from regulators to raise fresh capital, Central Federal Corp. in Fairlawn, Ohio, said in a Securities and Exchange Commission filing Friday that its shareholders have approved a plan to more than quadruple its number of outstanding shares.

Park National in Ohio Finds 'Material Weakness' in its Internal Controls

American Banker | Oct 12

Park National Corp. in Newark, Ohio, said Tuesday that it had found a material weakness in its internal control over financial reporting, tied to its use of a third-party contractor.

Central Federal in Ohio Switching CEOs After Planned Capital Raise

American Banker | Oct 03

Central Federal Corp. in Fairlawn, Ohio, is set to bring in a new chief executive and president after it raises up to $37.5 million.

Troubled First Place of Ohio to Restate Yearly Earnings

American Banker | Sep 22

Battered by losses on soured loans, First Place Financial Corp. in Warren, Ohio, said this week that it is planning to restate its earnings for its past three fiscal years.

PVF Reports Loss, But Credit Quality Improves

American Banker | Aug 26

PVF Capital Corp. in Solon, Ohio, reported a loss of $2.6 million for its fiscal fourth quarter, a slight improvement from a year earlier.

First Financial of Cincinnati Hikes Dividend Amid Abundance of Cash

American Banker | Aug 05

With its coffers at capacity, the capital-flush Cincinnati company said recently it would raise its dividend to equal 100% of its quarterly earnings.

DCB Financial in Ohio to Shutter 25% of its Branches

American Banker | Jul 14

DCB Financial Corp. in Lewis Center, Ohio, is closing a quarter of its branches and cutting 18% of its workforce in the next 90 days, according to a news report.