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

This bank is inactive as of September 30, 2006

Citizens State Bank in Petersburg, Indiana (IN)
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Citizens State Bank - Overview

General
FDIC Certificate #: 11341
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: German American Bancorp (#17393)
Federal Reserve ID: 1014040
Date Established: September 15, 1873
WWW: http://www.citizensstatebankcsb.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 11526
FDIC's unique #: 7244
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 30, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 305 East Main Street, Petersburg, IN 47567
County: Pike
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): Jasper, IN (#27540)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $117.4 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, 2005)

Dollar figures in thousands
41Total employees (full-time equivalent)
$117,367Total assets
$4,794Cash and due from depository institutions
$879Interest-bearing balances
$20,082Securities
$1Federal funds sold & reverse repurchase agreements
$80,605Net loans & leases
$932Loan loss allowance
$0Trading account assets
$2,753Bank premises and fixed assets
$25Other real estate owned
$698Goodwill and other intangibles
$0Life insurance assets
$8,409All other assets
$117,367Total liabilities and capital
$107,046Total liabilities
$91,768Total deposits
$75,944Interest-bearing deposits
$91,768Deposits held in domestic offices
0.00%% insured (estimated)
$9,763Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,000Other borrowed funds
$0Subordinated debt
$515All other liabilities
$10,321Total equity capital
$10,321Total bank equity capital
$10,321Perpetual preferred stock
$0Common stock
$1,000Surplus
$8,483Undivided profits
Memoranda
$838Noncurrent loans and leases
$14,365Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$357Earning assets
$0Long-term assets (5+ years)
$1,128Average Assets, year-to-date
$101,567Average Assets, quarterly
$13,163Volatile liabilities
$121,866Insider loans
$119,246FHLB advances
$19,070Loans and leases held for sale
$8,081Unused loan commitments
$5,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$14,365Total unused commitments
$0Restructured Loans and leases
$932Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$6,984Total interest income
$2,081Total interest expense
$4,903Net interest income
-$10Provision for loan and lease losses
$3,995Total noninterest income
$1Fiduciary activities
$617Service charges on deposit accounts
$0Trading account gains & fees
$3,377Additional noninterest income
$3,111Total noninterest expense
$1,680Salaries and employee benefits
$544Premises and equipment expense
$887Additional noninterest expense
$5,797Pre-tax net operating income
$0Securities gains (losses)
$1,936Applicable income taxes
$3,861Income before extraordinary items
$0Extraordinary gains - net
$3,861Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$241Sale, conversion, retirement of capital stock, net
$1,475Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.62%Yield on earning assets
1.97%Cost of funding earning assets
4.65%Net interest margin
3.79%Noninterest income to earning assets
2.95%Noninterest expense to earning assets
3.17%Net operating income to assets
3.17%Return on assets (ROA)
4.76%Pretax return on assets
34.42%Return on equity (ROE)
21.27%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
-4.15%Credit loss provision to net charge-offs
24.01%Efficiency ratio
34,963Assets per employee
2.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.20%Loss allowance to loans
1.14%Loss allowance to noncurrent loans
261.06%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.44%Net loans and leases to deposits
87.84%Net loans and leases to core deposits
96.58%Equity capital to assets
8.79%Core capital (leverage) ratio
8.11%Tier 1 risk-based capital ratio
10.24%Total risk-based capital ratio
Memoranda
$11Average assets
$121,866Average earning assets
$11,218Average equity
$105,544Average loans

Total Fiduciary and Related Assets (December 31, 2005)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$61,767Managed Assets
1Number of Accounts
$52,715Personal trust and agency accounts
$20,259Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$3,172Other retirement accounts
$784Corporate trust and agency accounts
$1,804Investment management agency accounts
$26,696Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
457Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$9,052Other retirement accounts
$96Corporate trust and agency accounts
$1,408Other fiduciary accounts
$7,059Fiduciary accounts held in foreign offices

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