Bank of Reynolds in Reynolds, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1994

Bank of Reynolds in Reynolds, Indiana (IN)
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Bank of Reynolds - Overview

General
FDIC Certificate #: 1838
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Lafayette Bank and Trust Company, National Association (#16512)
Federal Reserve ID: 984847
Date Established: January 01, 1897
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Interstate: No)
FDIC's unique #: 1224
Numeric code: 13
Regulator: FED
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: January 01, 1934
Last Structure Change Effective Date: October 01, 1994
Last Structure Change Process Date: October 19, 1994
Last Data Update: October 19, 1994
Data Source Date: April 05, 2012
Location
Address: U.S. Highway 24, Reynolds, IN 47980
County: White
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
Financial Summary
Total assets: $61.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$24Total assets
$61,865Cash and due from depository institutions
$2,170Interest-bearing balances
$0Securities
$20,081Federal funds sold & reverse repurchase agreements
$300Net loans & leases
$37,134Loan loss allowance
$1,401Trading account assets
$0Bank premises and fixed assets
$492Other real estate owned
$0Goodwill and other intangibles
$1,688Life insurance assets
$0All other assets
$0Total liabilities and capital
$61,865Total liabilities
$56,605Total deposits
$55,667Interest-bearing deposits
$49,774Deposits held in domestic offices
55667.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$655Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$283Total equity capital
$283Total bank equity capital
$5,260Perpetual preferred stock
$0Common stock
$600Surplus
$2,083Undivided profits
Memoranda
$2,577Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$785Income earned, not collected on loans
$985Earning assets
$57,515Long-term assets (5+ years)
$19,606Average Assets, year-to-date
$59,749Average Assets, quarterly
$62,413Volatile liabilities
$3,755Insider loans
$346FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,947Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,260Total risk weighted assets
$42,458Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$4,437Total interest expense
$2,002Net interest income
$2,435Provision for loan and lease losses
$386Total noninterest income
$223Fiduciary activities
$0Service charges on deposit accounts
$166Trading account gains & fees
$0Additional noninterest income
$57Total noninterest expense
$1,312Salaries and employee benefits
$527Premises and equipment expense
$172Additional noninterest expense
$613Pre-tax net operating income
$960Securities gains (losses)
$1Applicable income taxes
$322Income before extraordinary items
$639Extraordinary gains - net
$321Net income attributable to bank
$960Net charge-offs
$309Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.01%Cost of funding earning assets
3.61%Net interest margin
4.40%Noninterest income to earning assets
0.40%Noninterest expense to earning assets
2.37%Net operating income to assets
1.07%Return on assets (ROA)
1.61%Pretax return on assets
2.15%Return on equity (ROE)
20.17%Retained earnings to average equity (YTD only)
20.17%Net charge-offs to loans
0.83%Credit loss provision to net charge-offs
124.92%Efficiency ratio
49,360Assets per employee
2.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.64%Loss allowance to noncurrent loans
178.47%Noncurrent assets plus other real estate owned to assets
1.27%Noncurrent loans to loans
2.04%Net loans and leases to deposits
66.71%Net loans and leases to core deposits
70.64%Equity capital to assets
8.50%Core capital (leverage) ratio
8.18%Tier 1 risk-based capital ratio
12.39%Total risk-based capital ratio
Memoranda
$14Average assets
$59,749Average earning assets
$4,759Average equity
$55,395Average loans

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