FDIC Certificate #: 29668 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:First Bank of Berne (#9288) Federal Reserve ID: 206875 Bank Holding Company (Regulatory Top Holder): First Mutual Of Richmond, Inc. (RSSDID: 2624398, Location: Richmond, IN) Date Established: January 01, 1886 WWW:http://www.americantrustbank.com Trust Powers Granted: Yes Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 3 (Domestic: 3, Interstate: No) OTS Docket #: 3859 FDIC's unique #: 42502 Numeric code: 33 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: October 07, 1936 Last Structure Change Effective Date: Febuary 18, 2012 Last Structure Change Process Date: March 07, 2012 Last Data Update: March 07, 2012 Data Source Date: April 05, 2012
Location
Address: 915 W Main St, Peru, IN 46970 County: Miami Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Indianapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Combined Statistical Area (CSA): Kokomo-Peru, IN (#316) Core Based Statistical Area (CBSA): Peru, IN (#37940) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $99.3 mil Equity capital: $8.5 mil Deposits held in domestic offices: $87.5 mil Return on assets (ROA): -0.64% (-$0.6 mil) Quarterly return on assets: -0.45% (-$0.4 mil) Return on Equity (ROE): -7.29% (-$0.6 mil) Quarterly return on equity: -5.25% (-$0.4 mil) Net income: -$0.6 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -1.08% (-$1,072.5 mil) Quarterly Pretax return on assets: -0.82% (-$814.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
23Total employees (full-time equivalent)
$99,301Total assets
$15,726Cash and due from depository institutions
$14,010Interest-bearing balances
$7Securities
$0Federal funds sold & reverse repurchase agreements
$72,560Net loans & leases
$820Loan loss allowance
$0Trading account assets
$2,710Bank premises and fixed assets
$431Other real estate owned
$128Goodwill and other intangibles
$99,301Life insurance assets
$7,739All other assets
$90,827Total liabilities and capital
$87,481Total liabilities
$81,577Total deposits
$87,481Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,000Trading liabilities
$0Other borrowed funds
$346Subordinated debt
$8,474All other liabilities
$8,474Total equity capital
$8,474Total bank equity capital
$0Perpetual preferred stock
$6Common stock
$8,260Surplus
$208Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,221Income earned, not collected on loans
$0Earning assets
$455Long-term assets (5+ years)
$86,577Average Assets, year-to-date
$0Average Assets, quarterly
$98,564Volatile liabilities
$98,650Insider loans
$74,565FHLB advances
$99,301Loans and leases held for sale
$4,241Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,474Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,696Restructured Loans and leases
$1,989Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,703Total interest income
$1,354Total interest expense
$3,349Net interest income
$1,457Provision for loan and lease losses
$226Total noninterest income
$0Fiduciary activities
$63Service charges on deposit accounts
$0Trading account gains & fees
$163Additional noninterest income
$3,227Total noninterest expense
$1,584Salaries and employee benefits
$500Premises and equipment expense
$1,143Additional noninterest expense
-$1,109Pre-tax net operating income
$42Securities gains (losses)
-$439Applicable income taxes
-$628Income before extraordinary items
$0Extraordinary gains - net
-$628Net income attributable to bank
$0Net charge-offs
-$628Cash dividends
$1,793Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.55%Yield on earning assets
1.60%Cost of funding earning assets
3.95%Net interest margin
0.27%Noninterest income to earning assets
3.81%Noninterest expense to earning assets
-0.66%Net operating income to assets
-0.64%Return on assets (ROA)
-1.08%Pretax return on assets
-7.29%Return on equity (ROE)
-7.29%Retained earnings to average equity (YTD only)
2.37%Net charge-offs to loans
81.26%Credit loss provision to net charge-offs
0.19%Efficiency ratio
90,042Assets per employee
4.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
36.92%Noncurrent assets plus other real estate owned to assets
2.67%Noncurrent loans to loans
3.03%Net loans and leases to deposits
82.94%Net loans and leases to core deposits
90.23%Equity capital to assets
8.53%Core capital (leverage) ratio
8.53%Tier 1 risk-based capital ratio
11.36%Total risk-based capital ratio
Memoranda
$12Average assets
$98,564Average earning assets
$8,613Average equity
$84,748Average loans
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