Community First Bank in Corydon, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2009

  • Community First Bank in Corydon, Indiana (IN)
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Community First Bank - Overview

  • General
  • FDIC Certificate #: 12827
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Savings Bank, F.S.B. (#29961)
    Federal Reserve ID: 77347
    Date Established: June 05, 1925
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Interstate: No)
    OTS Docket #: 9190
    FDIC's unique #: 8124
    Numeric code: 13
    Regulator: FED
    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: October 01, 2009
    Last Structure Change Process Date: October 05, 2009
    Last Data Update: October 05, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 900 Highway 62 N.W., Corydon, IN 47112
    County: Harrison
    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): Louisville, KY-IN (#4520)
    Combined Statistical Area (CSA): Louisville-Jefferson County-Elizabethtown-Scottsburg, KY-IN (#350)
    Core Based Statistical Area (CBSA): Louisville-Jefferson County, KY-IN (#31140)
    CBSA Metro Statistical Area: Louisville-Jefferson County, KY-IN (#31140)
  • Financial Summary
  • Total assets: $242.9 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, 2008)

  • Dollar figures in thousands
  • 74Total employees (full-time equivalent)
  • $256,629Total assets
  • $5,140Cash and due from depository institutions
  • $795Interest-bearing balances
  • $61,667Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $176,481Net loans & leases
  • $2,582Loan loss allowance
  • $0Trading account assets
  • $4,202Bank premises and fixed assets
  • $224Other real estate owned
  • $199Goodwill and other intangibles
  • $0Life insurance assets
  • $8,716All other assets
  • $256,629Total liabilities and capital
  • $238,649Total liabilities
  • $167,712Total deposits
  • $151,201Interest-bearing deposits
  • $167,712Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $18,214Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $50,995Other borrowed funds
  • $0Subordinated debt
  • $1,728All other liabilities
  • $17,980Total equity capital
  • $17,980Total bank equity capital
  • $17,980Perpetual preferred stock
  • $0Common stock
  • $5,985Surplus
  • $3,667Undivided profits
  • Memoranda
  • $8,328Noncurrent loans and leases
  • $18,063Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,962Earning assets
  • $0Long-term assets (5+ years)
  • $1,273Average Assets, year-to-date
  • $238,943Average Assets, quarterly
  • $83,217Volatile liabilities
  • $262,269Insider loans
  • $258,968FHLB advances
  • $63,283Loans and leases held for sale
  • $4,217Unused loan commitments
  • $50,995Tier 1 (core) risk-based capital
  • $15,000Tier 2 risk-based capital
  • $355Total risk weighted assets
  • $18,063Total unused commitments
  • $0Restructured Loans and leases
  • $2,156Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $16,123Total interest income
  • $7,157Total interest expense
  • $8,966Net interest income
  • $290Provision for loan and lease losses
  • $1,601Total noninterest income
  • $3Fiduciary activities
  • $1,262Service charges on deposit accounts
  • $0Trading account gains & fees
  • $336Additional noninterest income
  • $6,945Total noninterest expense
  • $3,779Salaries and employee benefits
  • $1,212Premises and equipment expense
  • $1,954Additional noninterest expense
  • $3,332Pre-tax net operating income
  • -$6,029Securities gains (losses)
  • -$1,148Applicable income taxes
  • -$1,549Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,549Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $261Sale, conversion, retirement of capital stock, net
  • $934Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.61%Yield on earning assets
  • 2.93%Cost of funding earning assets
  • 3.67%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 2.85%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • -0.59%Return on assets (ROA)
  • -1.03%Pretax return on assets
  • -8.16%Return on equity (ROE)
  • -13.09%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 111.11%Credit loss provision to net charge-offs
  • 13.88%Efficiency ratio
  • 65,723Assets per employee
  • 3.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -60.30%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 131.60%Noncurrent assets plus other real estate owned to assets
  • 0.85%Noncurrent loans to loans
  • 1.10%Net loans and leases to deposits
  • 105.23%Net loans and leases to core deposits
  • 116.38%Equity capital to assets
  • 7.01%Core capital (leverage) ratio
  • 7.59%Tier 1 risk-based capital ratio
  • 11.17%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $262,269Average earning assets
  • $18,973Average equity
  • $244,015Average loans

Total Fiduciary and Related Assets (December 31, 2008)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $3,597Managed Assets
  • 1Number of Accounts
  • $60Personal trust and agency accounts
  • $60Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 10Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,537Other retirement accounts
  • $84Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $2,391Fiduciary accounts held in foreign offices

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