Citizens First State Bank in Hartford City, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 05, 2005

Citizens First State Bank in Hartford City, Indiana (IN)
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Citizens First State Bank - Overview

General
FDIC Certificate #: 5782
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community First Bank & Trust (#10660)
Federal Reserve ID: 240141
Date Established: March 13, 1893
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 13216
FDIC's unique #: 3944
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: January 01, 1934
Last Structure Change Effective Date: March 05, 2005
Last Structure Change Process Date: April 07, 2005
Last Data Update: April 07, 2005
Data Source Date: April 05, 2012
Location
Address: 101 West Washington Street, Hartford City, IN 47348
County: Blackford
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: $94.0 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, 2004)

Dollar figures in thousands
44Total employees (full-time equivalent)
$94,034Total assets
$4,338Cash and due from depository institutions
$0Interest-bearing balances
$9,711Securities
$5,200Federal funds sold & reverse repurchase agreements
$69,009Net loans & leases
$1,113Loan loss allowance
$0Trading account assets
$2,481Bank premises and fixed assets
$179Other real estate owned
$66Goodwill and other intangibles
$0Life insurance assets
$3,050All other assets
$94,034Total liabilities and capital
$86,213Total liabilities
$80,920Total deposits
$70,668Interest-bearing deposits
$80,920Deposits held in domestic offices
0.00%% insured (estimated)
$1,945Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,261Other borrowed funds
$0Subordinated debt
$1,087All other liabilities
$7,821Total equity capital
$7,821Total bank equity capital
$7,821Perpetual preferred stock
$0Common stock
$882Surplus
$6,232Undivided profits
Memoranda
$707Noncurrent loans and leases
$13,660Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,284Earning assets
$0Long-term assets (5+ years)
$651Average Assets, year-to-date
$83,920Average Assets, quarterly
$17,304Volatile liabilities
$95,003Insider loans
$94,214FHLB advances
$7,603Loans and leases held for sale
$1,051Unused loan commitments
$2,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$13,660Total unused commitments
$0Restructured Loans and leases
$1,008Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$4,830Total interest income
$1,005Total interest expense
$3,825Net interest income
$295Provision for loan and lease losses
$766Total noninterest income
$130Fiduciary activities
$370Service charges on deposit accounts
$0Trading account gains & fees
$266Additional noninterest income
$3,549Total noninterest expense
$1,785Salaries and employee benefits
$333Premises and equipment expense
$1,431Additional noninterest expense
$747Pre-tax net operating income
-$8Securities gains (losses)
$309Applicable income taxes
$430Income before extraordinary items
$0Extraordinary gains - net
$430Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$207Sale, conversion, retirement of capital stock, net
$453Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.67%Yield on earning assets
1.18%Cost of funding earning assets
4.49%Net interest margin
0.90%Noninterest income to earning assets
4.17%Noninterest expense to earning assets
0.46%Net operating income to assets
0.45%Return on assets (ROA)
0.78%Pretax return on assets
5.50%Return on equity (ROE)
-0.29%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
142.51%Credit loss provision to net charge-offs
5.03%Efficiency ratio
77,303Assets per employee
2.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
105.35%Loss allowance to loans
1.59%Loss allowance to noncurrent loans
86.68%Noncurrent assets plus other real estate owned to assets
1.56%Noncurrent loans to loans
1.83%Net loans and leases to deposits
85.28%Net loans and leases to core deposits
91.37%Equity capital to assets
8.32%Core capital (leverage) ratio
8.39%Tier 1 risk-based capital ratio
9.74%Total risk-based capital ratio
Memoranda
$11Average assets
$95,003Average earning assets
$7,820Average equity
$85,178Average loans

Total Fiduciary and Related Assets (December 31, 2004)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$17,882Managed Assets
1Number of Accounts
$13,016Personal trust and agency accounts
$12,564Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$17Corporate trust and agency accounts
$435Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
61Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$4,866Other retirement accounts
$0Corporate trust and agency accounts
$426Other fiduciary accounts
$920Fiduciary accounts held in foreign offices

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