FDIC Certificate #: 58279 Status: Active Federal Reserve ID: 3433047 Date Established: May 30, 2006 WWW:http://www.evansvillecommercebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 445274 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: May 30, 2006 Last Structure Change Effective Date: May 30, 2006 Last Structure Change Process Date: June 07, 2006 Last Data Update: June 07, 2006 Data Source Date: April 05, 2012
Location
Address: 20 Northwest Fourth Street, Evansville, IN 47708 County: Vanderburgh 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): Evansville-Henderson, IN-KY (#2440) Core Based Statistical Area (CBSA): Evansville, IN-KY (#21780) CBSA Metro Statistical Area: Evansville, IN-KY (#21780)
History of Changes
New Institution
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $51.7 mil Equity capital: $5.9 mil Deposits held in domestic offices: $45.8 mil Return on assets (ROA): -0.41% (-$0.2 mil) Quarterly return on assets: -0.96% (-$0.5 mil) Return on Equity (ROE): -4.47% (-$0.3 mil) Quarterly return on equity: -9.75% (-$0.6 mil) Net income: -$0.2 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -0.41% (-$212.0 mil) Quarterly Pretax return on assets: -0.96% (-$496.5 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
15Total employees (full-time equivalent)
$51,714Total assets
$15,809Cash and due from depository institutions
$14,861Interest-bearing balances
$0Securities
$623Federal funds sold & reverse repurchase agreements
$33,737Net loans & leases
$886Loan loss allowance
$0Trading account assets
$370Bank premises and fixed assets
$438Other real estate owned
$0Goodwill and other intangibles
$51,714Life insurance assets
$737All other assets
$45,802Total liabilities and capital
$45,760Total liabilities
$39,321Total deposits
$45,760Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$42Subordinated debt
$5,912All other liabilities
$5,912Total equity capital
$5,912Total bank equity capital
$0Perpetual preferred stock
$5,757Common stock
$4,055Surplus
$-3,900Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,132Income earned, not collected on loans
$0Earning assets
$121Long-term assets (5+ years)
$49,221Average Assets, year-to-date
$4,337Average Assets, quarterly
$51,054Volatile liabilities
$52,353Insider loans
$32,162FHLB advances
$52,601Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,912Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,310Restructured Loans and leases
$1,157Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,154Total interest income
$462Total interest expense
$1,692Net interest income
$74Provision for loan and lease losses
$238Total noninterest income
$0Fiduciary activities
$60Service charges on deposit accounts
$0Trading account gains & fees
$178Additional noninterest income
$2,065Total noninterest expense
$895Salaries and employee benefits
$232Premises and equipment expense
$938Additional noninterest expense
-$209Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$209Income before extraordinary items
$0Extraordinary gains - net
-$209Net income attributable to bank
$0Net charge-offs
-$209Cash dividends
$291Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.45%Yield on earning assets
0.95%Cost of funding earning assets
3.50%Net interest margin
0.49%Noninterest income to earning assets
4.27%Noninterest expense to earning assets
-0.41%Net operating income to assets
-0.41%Return on assets (ROA)
-0.41%Pretax return on assets
-4.47%Return on equity (ROE)
-4.47%Retained earnings to average equity (YTD only)
0.81%Net charge-offs to loans
25.43%Credit loss provision to net charge-offs
-0.46%Efficiency ratio
106,995Assets per employee
3.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.56%Loss allowance to noncurrent loans
41.56%Noncurrent assets plus other real estate owned to assets
4.97%Noncurrent loans to loans
6.16%Net loans and leases to deposits
73.73%Net loans and leases to core deposits
86.30%Equity capital to assets
11.43%Core capital (leverage) ratio
11.24%Tier 1 risk-based capital ratio
18.38%Total risk-based capital ratio
Memoranda
$20Average assets
$51,054Average earning assets
$4,681Average equity
$48,395Average loans
List of branches
1 Indiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
445274
Evansville Commerce Bank
20 Northwest Fourth Street, Evansville, IN 47708
May 30, 2006
Full Service Brick and Mortar
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