First Niles Financial (First Niles Financial) Total Deposits : $58.65 Mil (As of Jun. 2018)

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What is First Niles Financial Total Deposits?

First Niles Financial's annual total deposits declined from Dec. 2013 ($62.11 Mil) to Dec. 2014 ($59.22 Mil) but then increased from Dec. 2014 ($59.22 Mil) to Dec. 2015 ($59.59 Mil).

First Niles Financial Total Deposits Historical Data

The historical data trend for First Niles Financial's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Niles Financial Total Deposits Chart

First Niles Financial Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec13

Dec14

Dec15

Total Deposits

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61.46

60.80

62.11

59.22

59.59

First Niles Financial Semi-Annual Data
	Jun99	Dec99	Jun00	Dec00	Jun01	Dec01	Jun02	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec13	Dec14	Dec15	Jun17	Jun18
Total Deposits	Get a 7-Day Free Trial															62.11	59.22	59.59	-	58.65

First Niles Financial Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

First Niles Financial (First Niles Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Niles Financial Inc (OTCPK:FNFI) » Definitions » Total Deposits

Comparable Companies

Traded in Other Exchanges

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Address

55 North Main Street, P.O. Box 311, Niles, OH, USA, 44446-0311

Website

https://www.homefedniles.com

First Niles Financial Inc is a unitary, non-diversified holding company. It conducts a general banking business in Niles, Ohio, which consists of attracting deposits from the general public and applying those funds to the origination of loans for residential, commercial, and consumer purposes. The primary sources of revenue for the company are from interest and dividend income on loans and securities along with noninterest revenue resulting from investment security gains, loan servicing, gains on the sale of loans, commitment fees, fees from financial guarantees, certain credit cards fees, and income on bank-owned life insurance.

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