FDIC Certificate #: 33991 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Merchants Bank of Central Indiana, National Association (#8047) Federal Reserve ID: 2283393 Date Established: March 08, 1995 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 14242 FDIC's unique #: 55569 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: March 08, 1995 Last Structure Change Effective Date: April 23, 1999 Last Structure Change Process Date: June 23, 1999 Last Data Update: June 23, 1999 Data Source Date: April 05, 2012
Location
Address: 19 West 10th Street, Anderson, IN 46016 County: Madison 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 Metropolitan Statistical Area (MSA): Indianapolis, IN (#3480) Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294) Core Based Statistical Area (CBSA): Anderson, IN (#11300) CBSA Metro Statistical Area: Anderson, IN (#11300)
Financial Summary
Total assets: $83.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
26Total employees (full-time equivalent)
$77,984Total assets
$4,069Cash and due from depository institutions
$29Interest-bearing balances
$11,316Securities
$630Federal funds sold & reverse repurchase agreements
$59,896Net loans & leases
$806Loan loss allowance
$0Trading account assets
$1,182Bank premises and fixed assets
$0Other real estate owned
$15Goodwill and other intangibles
$0Life insurance assets
$876All other assets
$77,984Total liabilities and capital
$70,282Total liabilities
$69,683Total deposits
$55,547Interest-bearing deposits
$69,683Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$599All other liabilities
$7,702Total equity capital
$7,702Total bank equity capital
$7,702Perpetual preferred stock
$0Common stock
$598Surplus
$5,287Undivided profits
Memoranda
$1,817Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$443Average Assets, year-to-date
$71,871Average Assets, quarterly
$9,034Volatile liabilities
$70,521Insider loans
$76,849FHLB advances
$8,019Loans and leases held for sale
$4,280Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,251Total unused commitments
$0Restructured Loans and leases
$59,237Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$5,855Total interest income
$2,478Total interest expense
$3,377Net interest income
$148Provision for loan and lease losses
$251Total noninterest income
$0Fiduciary activities
$169Service charges on deposit accounts
$0Trading account gains & fees
$82Additional noninterest income
$1,748Total noninterest expense
$874Salaries and employee benefits
$282Premises and equipment expense
$592Additional noninterest expense
$1,732Pre-tax net operating income
$0Securities gains (losses)
$655Applicable income taxes
$1,077Income before extraordinary items
$0Extraordinary gains - net
$1,077Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.93%Yield on earning assets
3.78%Cost of funding earning assets
5.15%Net interest margin
0.38%Noninterest income to earning assets
2.67%Noninterest expense to earning assets
1.53%Net operating income to assets
1.53%Return on assets (ROA)
2.46%Pretax return on assets
15.30%Return on equity (ROE)
15.30%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
47,822Assets per employee
3.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
85.95%Net loans and leases to core deposits
97.13%Equity capital to assets
9.88%Core capital (leverage) ratio
9.90%Tier 1 risk-based capital ratio
12.92%Total risk-based capital ratio
Memoranda
$14Average assets
$70,521Average earning assets
$7,041Average equity
$65,530Average loans
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