Bank One, Marion, Indiana, National Association in Marion, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 22, 1997

Bank One, Marion, Indiana, National Association in Marion, Indiana (IN)
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Bank One, Marion, Indiana, National Association - Overview

General
FDIC Certificate #: 4356
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank One, Indiana, National Association (#4345)
Federal Reserve ID: 159449
Date Established: June 28, 1933
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
FDIC's unique #: 2864
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 22, 1997
Last Structure Change Process Date: March 27, 1997
Last Data Update: March 27, 1997
Data Source Date: April 05, 2012
Location
Address: 302 South Washington Street, Marion, IN 46952
County: Grant
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
Core Based Statistical Area (CBSA): Marion, IN (#31980)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $120.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$35Total assets
$120,903Cash and due from depository institutions
$6,289Interest-bearing balances
$0Securities
$10,422Federal funds sold & reverse repurchase agreements
$24,621Net loans & leases
$74,288Loan loss allowance
$1,015Trading account assets
$0Bank premises and fixed assets
$1,228Other real estate owned
$0Goodwill and other intangibles
$4,055Life insurance assets
$0All other assets
$0Total liabilities and capital
$120,903Total liabilities
$110,401Total deposits
$105,324Interest-bearing deposits
$92,216Deposits held in domestic offices
105324.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$1,634Trading liabilities
$0Other borrowed funds
$258Subordinated debt
$0All other liabilities
$3,185Total equity capital
$3,185Total bank equity capital
$10,502Perpetual preferred stock
$0Common stock
$2,000Surplus
$4,000Undivided profits
Memoranda
$4,502Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,292Income earned, not collected on loans
$1,369Earning assets
$109,331Long-term assets (5+ years)
$19,089Average Assets, year-to-date
$118,962Average Assets, quarterly
$115,841Volatile liabilities
$8,041Insider loans
$1,232FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$9,534Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$10,466Total risk weighted assets
$60,901Total unused commitments
$0Restructured Loans and leases
$19,803Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$9,852Total interest expense
$3,788Net interest income
$6,064Provision for loan and lease losses
$250Total noninterest income
$902Fiduciary activities
$0Service charges on deposit accounts
$472Trading account gains & fees
$0Additional noninterest income
$430Total noninterest expense
$4,057Salaries and employee benefits
$1,236Premises and equipment expense
$444Additional noninterest expense
$2,377Pre-tax net operating income
$2,659Securities gains (losses)
$0Applicable income taxes
$1,059Income before extraordinary items
$1,600Extraordinary gains - net
$0Net income attributable to bank
$1,600Net charge-offs
$704Cash dividends
$3,772Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.12%Cost of funding earning assets
3.51%Net interest margin
5.61%Noninterest income to earning assets
0.84%Noninterest expense to earning assets
3.76%Net operating income to assets
1.34%Return on assets (ROA)
1.34%Pretax return on assets
2.24%Return on equity (ROE)
14.69%Retained earnings to average equity (YTD only)
-19.94%Net charge-offs to loans
0.82%Credit loss provision to net charge-offs
35.51%Efficiency ratio
58,240Assets per employee
3.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
235.75%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
78.56%Noncurrent assets plus other real estate owned to assets
1.07%Noncurrent loans to loans
1.72%Net loans and leases to deposits
70.53%Net loans and leases to core deposits
74.97%Equity capital to assets
8.69%Core capital (leverage) ratio
9.06%Tier 1 risk-based capital ratio
17.19%Total risk-based capital ratio
Memoranda
$18Average assets
$118,962Average earning assets
$10,895Average equity
$108,011Average loans

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