Citizens Savings Bank of Frankfort in Frankfort, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 27, 2000

  • Citizens Savings Bank of Frankfort in Frankfort, Indiana (IN)
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Citizens Savings Bank of Frankfort - Overview

  • General
  • FDIC Certificate #: 29572
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Lincoln Bank (#28617)
    Federal Reserve ID: 295972
    Date Established: January 01, 1916
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3682
    FDIC's unique #: 42406
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: April 11, 1936
    Last Structure Change Effective Date: September 27, 2000
    Last Structure Change Process Date: November 15, 2000
    Last Data Update: November 15, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 60 South Main Street, Frankfort, IN 46041
    County: Clinton
    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): Lafayette, IN (#3920)
    Combined Statistical Area (CSA): Lafayette-Frankfort, IN (#320)
    Core Based Statistical Area (CBSA): Frankfort, IN (#23140)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $63.5 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, 1999)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $62,967Total assets
  • $3,699Cash and due from depository institutions
  • $2,413Interest-bearing balances
  • $183Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $55,042Net loans & leases
  • $336Loan loss allowance
  • $0Trading account assets
  • $565Bank premises and fixed assets
  • $863Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,615All other assets
  • $62,967Total liabilities and capital
  • $51,117Total liabilities
  • $38,481Total deposits
  • $35,323Interest-bearing deposits
  • $38,481Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $11,500Other borrowed funds
  • $0Subordinated debt
  • $1,136All other liabilities
  • $11,850Total equity capital
  • $11,850Total bank equity capital
  • $11,850Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $5,108Undivided profits
  • Memoranda
  • $6,741Noncurrent loans and leases
  • $3,498Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $539Earning assets
  • $0Long-term assets (5+ years)
  • $426Average Assets, year-to-date
  • $57,638Average Assets, quarterly
  • $0Volatile liabilities
  • $59,880Insider loans
  • $61,803FHLB advances
  • $20,223Loans and leases held for sale
  • $2,987Unused loan commitments
  • $11,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,498Total unused commitments
  • $34Restructured Loans and leases
  • $336Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $4,427Total interest income
  • $2,002Total interest expense
  • $2,425Net interest income
  • $60Provision for loan and lease losses
  • $401Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $401Additional noninterest income
  • $1,423Total noninterest expense
  • $915Salaries and employee benefits
  • $270Premises and equipment expense
  • $238Additional noninterest expense
  • $1,343Pre-tax net operating income
  • $0Securities gains (losses)
  • $519Applicable income taxes
  • $824Income before extraordinary items
  • $0Extraordinary gains - net
  • $824Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $15Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.01%Yield on earning assets
  • 3.62%Cost of funding earning assets
  • 4.39%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 2.58%Noninterest expense to earning assets
  • 1.38%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 2.24%Pretax return on assets
  • 7.29%Return on equity (ROE)
  • 7.29%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 400.00%Credit loss provision to net charge-offs
  • 93.53%Efficiency ratio
  • 50,354Assets per employee
  • 4.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.61%Loss allowance to noncurrent loans
  • 62.34%Noncurrent assets plus other real estate owned to assets
  • 0.86%Noncurrent loans to loans
  • 0.97%Net loans and leases to deposits
  • 143.04%Net loans and leases to core deposits
  • 184.97%Equity capital to assets
  • 18.82%Core capital (leverage) ratio
  • 17.69%Tier 1 risk-based capital ratio
  • 28.44%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $59,880Average earning assets
  • $11,310Average equity
  • $55,252Average loans

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