Firstmerit Bank, Financial Information

About Firstmerit Bank

 Address:
106 South Main Street
Akron, OH
Summit County, Ohio
 Established:
Oct 1890
 Number of domestic offices:
210
Total assets$14,901M
Net income$139M
Net income, quarterly$40M
Total deposits$11,904M
Domestic deposits$11,904M
Equity capital$1,377M
ROA0.95%
ROAQ, quarterly1.08%
ROA, pretax1.08%
ROAQ, quarterly, pretax1.49%
ROE9.91%
ROEQ, quarterly11.24%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

FirstMerit Bank has played a vital role in improving the lives of its customers and strengthening its communities for more than 165 years. FirstMerit Corporation is a diversified financial services company headquartered in Akron, Ohio, with assets of approximately $23.9 billion as of December 31, 2013, and 404 banking offices and 431 ATM locations in Ohio, Michigan, Wisconsin, Illinois and Pennsylvania.

FirstMerit provides a complete range of banking and other financial services to consumers and businesses through its core operations. Principal affiliates include: FirstMerit Bank, N.A., FirstMerit Mortgage Corporation and FirstMerit Title Agency, Ltd.

Firstmerit Bank offers a full array of financial products and services that rival those of national banks; innovative banking solutions; and the ability to meet the sophisticated needs of its customers.

FirstMerit Corporation
III Cascade Plaza, 7th Floor
Akron, OH 44308-1103
(330) 996-6300