Churubusco State Bank in city_name, state_name - Detailed Financial Reports, Location

Churubusco State Bank in Churubusco, Indiana (IN)
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Churubusco State Bank - Overview

General
FDIC Certificate #: 14717
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: National City Bank of Indiana (#4347)
Federal Reserve ID: 56744
Date Established: January 12, 1928
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 9206
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: August 30, 1934
Last Structure Change Effective Date: November 20, 1998
Last Structure Change Process Date: Febuary 05, 1999
Last Data Update: Febuary 05, 1999
Data Source Date: April 05, 2012
Location
Address: North Line Street, Churubusco, IN 46723
County: Whitley
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): Fort Wayne, IN (#2760)
Combined Statistical Area (CSA): Fort Wayne-Huntington-Auburn, IN (#258)
Core Based Statistical Area (CBSA): Fort Wayne, IN (#23060)
CBSA Metro Statistical Area: Fort Wayne, IN (#23060)
Financial Summary
Total assets: $84.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
25Total employees (full-time equivalent)
$84,303Total assets
$1,541Cash and due from depository institutions
$0Interest-bearing balances
$33,829Securities
$3,800Federal funds sold & reverse repurchase agreements
$42,976Net loans & leases
$872Loan loss allowance
$0Trading account assets
$860Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,297All other assets
$84,303Total liabilities and capital
$77,699Total liabilities
$76,739Total deposits
$70,157Interest-bearing deposits
$76,739Deposits held in domestic offices
0.00%% insured (estimated)
$272Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$688All other liabilities
$6,604Total equity capital
$6,604Total bank equity capital
$6,604Perpetual preferred stock
$0Common stock
$450Surplus
$1,550Undivided profits
Memoranda
$4,604Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$74Earning assets
$0Long-term assets (5+ years)
$338Average Assets, year-to-date
$80,605Average Assets, quarterly
$17,736Volatile liabilities
$83,807Insider loans
$84,833FHLB advances
$5,772Loans and leases held for sale
$819Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,671Total unused commitments
$0Restructured Loans and leases
$43,706Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$6,265Total interest income
$3,286Total interest expense
$2,979Net interest income
$0Provision for loan and lease losses
$362Total noninterest income
$0Fiduciary activities
$195Service charges on deposit accounts
$0Trading account gains & fees
$167Additional noninterest income
$1,686Total noninterest expense
$933Salaries and employee benefits
$201Premises and equipment expense
$552Additional noninterest expense
$1,655Pre-tax net operating income
$7Securities gains (losses)
$624Applicable income taxes
$1,038Income before extraordinary items
$0Extraordinary gains - net
$1,038Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$29Sale, conversion, retirement of capital stock, net
$800Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.88%Yield on earning assets
4.14%Cost of funding earning assets
3.75%Net interest margin
0.46%Noninterest income to earning assets
2.12%Noninterest expense to earning assets
1.23%Net operating income to assets
1.24%Return on assets (ROA)
1.98%Pretax return on assets
16.29%Return on equity (ROE)
3.74%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
57.07%Efficiency ratio
50,464Assets per employee
3.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
77.07%Loss allowance to loans
1.99%Loss allowance to noncurrent loans
1178.38%Noncurrent assets plus other real estate owned to assets
0.09%Noncurrent loans to loans
0.17%Net loans and leases to deposits
56.00%Net loans and leases to core deposits
60.33%Equity capital to assets
7.83%Core capital (leverage) ratio
7.44%Tier 1 risk-based capital ratio
14.62%Total risk-based capital ratio
Memoranda
$16Average assets
$83,807Average earning assets
$6,372Average equity
$79,458Average loans

Churubusco State Bank in Churubusco, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Churubusco State Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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Churubusco State Bank in Churubusco, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

Churubusco State Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

Churubusco State Bank in Churubusco, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches