FDIC Certificate #: 10484 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Hoosier Heartland State Bank (#15566) Federal Reserve ID: 20147 Date Established: January 01, 1920 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) FDIC's unique #: 6708 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: April 17, 2009 Last Structure Change Process Date: May 20, 2009 Last Data Update: May 20, 2009 Data Source Date: April 05, 2012
Location
Address: Main Street, New Ross, IN 47968 County: Montgomery 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 Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294) Core Based Statistical Area (CBSA): Crawfordsville, IN (#18820) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $68.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
28Total employees (full-time equivalent)
$68,556Total assets
$3,016Cash and due from depository institutions
$708Interest-bearing balances
$17,265Securities
$2,168Federal funds sold & reverse repurchase agreements
$41,122Net loans & leases
$371Loan loss allowance
$0Trading account assets
$1,973Bank premises and fixed assets
$520Other real estate owned
$1,017Goodwill and other intangibles
$0Life insurance assets
$1,475All other assets
$68,556Total liabilities and capital
$62,955Total liabilities
$57,370Total deposits
$46,175Interest-bearing deposits
$57,370Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,219Other borrowed funds
$0Subordinated debt
$366All other liabilities
$5,601Total equity capital
$5,601Total bank equity capital
$5,601Perpetual preferred stock
$0Common stock
$100Surplus
$5,533Undivided profits
Memoranda
$-32Noncurrent loans and leases
$6,421Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$366Earning assets
$0Long-term assets (5+ years)
$617Average Assets, year-to-date
$61,263Average Assets, quarterly
$36,499Volatile liabilities
$64,340Insider loans
$67,643FHLB advances
$7,476Loans and leases held for sale
$1,659Unused loan commitments
$5,219Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,421Total unused commitments
$0Restructured Loans and leases
$371Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$255Total interest income
$88Total interest expense
$167Net interest income
$0Provision for loan and lease losses
$56Total noninterest income
$0Fiduciary activities
$39Service charges on deposit accounts
$0Trading account gains & fees
$17Additional noninterest income
$253Total noninterest expense
$75Salaries and employee benefits
$21Premises and equipment expense
$157Additional noninterest expense
-$30Pre-tax net operating income
$0Securities gains (losses)
-$7Applicable income taxes
-$23Income before extraordinary items
$0Extraordinary gains - net
-$23Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$12Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.44%Yield on earning assets
0.15%Cost of funding earning assets
0.29%Net interest margin
0.10%Noninterest income to earning assets
0.43%Noninterest expense to earning assets
-0.04%Net operating income to assets
-0.04%Return on assets (ROA)
-0.05%Pretax return on assets
-0.46%Return on equity (ROE)
-0.46%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
-2.50%Efficiency ratio
113,453Assets per employee
2.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.89%Loss allowance to noncurrent loans
101.37%Noncurrent assets plus other real estate owned to assets
1.29%Noncurrent loans to loans
0.88%Net loans and leases to deposits
71.68%Net loans and leases to core deposits
82.42%Equity capital to assets
8.17%Core capital (leverage) ratio
7.19%Tier 1 risk-based capital ratio
9.78%Total risk-based capital ratio
Memoranda
$11Average assets
$64,340Average earning assets
$4,969Average equity
$58,525Average 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
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