First Citizens Banc Corp LogoFirst Citizens Banc Corp. (FCBC) is a financial holding company. Though its subsidiaries, the Company is engaged in the business of community banking. The subsidiaries of the Company are The Citizens Banking Company (Citizens), SCC Resources Inc. (SCC), First Citizen Insurance Agency Inc (Insurance Agency), Water Street Properties (Water St.), Champaign Investment Company (CIC) and First Citizens Investments, Inc (FCI). Citizens is an insured bank under the Federal Deposit Insurance Act. SCC provides item-processing services for financial institutions, including Citizens, and other nonrelated entities. Insurance Agency was formed to allow the Company to participate in commission revenue generated through its third party insurance agreement. Water St. was formed to hold properties repossessed by FCBC subsidiaries. CIC is licensed as a fully disclosed broker and dealer in securities. FCI was formed as a wholly owned subsidiary of Citizens to hold and manage its securities portfolio. The company was founded in 1884 and is based in Sandusky, Ohio.

In January the company announced that it was participating in the Treasury Department’s Capital Purchase Program. Under the program the company received $23.2 million in exchange for preferred stock.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


  

Bailout Bank Bio: First Citizens Banc Corp

 

Federal Equity Investment

$23.2 million

Total Revenue

$72.1 million (2008)
$57.8 million (2007)

Net Income

$39 million (2008)
$6.9 million (2007)

Number of Employees

300 (subsidiary companies)

Corporate Headquarters

Sandusky, Ohio

Business Sector

Bank

Officers and Directors


Miller, James, President, Chief Executive Officer, Director; President and CEO of the Citizens Banking Co.
Voight, David,
Chairman of the Board

Other Officers and Directors
 

Corporate Website

https://www.fcza.com

Executive Compensation

First Citizens Banc Corp

  

►Financial Documents

First Citizens TARP Filing 8-k

2008 First Citzens BancCorp 10-k (Annual Report)

2009-01-26 first citizens banc 8k

2008-09-30 first citizens banc 10q

2008 first citizens banc proxy

2007 first citizens banc annual report

2007 first citizens banc 10k

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Fourth Quarter 2008

No lobbying reports located.

Political Contributions

Center for Responsive Politics

Related Articles

No related articles located.

 

Last Updated May 18, 2009

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