FDIC Certificate #: 15548 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Heritage Community Bank (#9088) Federal Reserve ID: 723943 Date Established: July 01, 1895 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) FDIC's unique #: 9842 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: June 03, 1937 Last Structure Change Effective Date: November 09, 2001 Last Structure Change Process Date: December 12, 2001 Last Data Update: December 12, 2001 Data Source Date: April 05, 2012
Location
Address: 310 North Main Street, Liberty, IN 47353 County: Union 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
Financial Summary
Total assets: $57.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
25Total employees (full-time equivalent)
$63,601Total assets
$2,051Cash and due from depository institutions
$0Interest-bearing balances
$2,902Securities
$4,400Federal funds sold & reverse repurchase agreements
$49,156Net loans & leases
$852Loan loss allowance
$0Trading account assets
$711Bank premises and fixed assets
$0Other real estate owned
$2,795Goodwill and other intangibles
$0Life insurance assets
$1,586All other assets
$63,601Total liabilities and capital
$55,234Total liabilities
$54,214Total deposits
$47,633Interest-bearing deposits
$54,214Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,020All other liabilities
$8,367Total equity capital
$8,367Total bank equity capital
$8,367Perpetual preferred stock
$0Common stock
$225Surplus
$7,022Undivided profits
Memoranda
$1,120Noncurrent loans and leases
$3,690Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$196Earning assets
$0Long-term assets (5+ years)
$637Average Assets, year-to-date
$56,458Average Assets, quarterly
$13,580Volatile liabilities
$61,135Insider loans
$62,669FHLB advances
$5,524Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,690Total unused commitments
$0Restructured Loans and leases
$546Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$4,651Total interest income
$2,107Total interest expense
$2,544Net interest income
$0Provision for loan and lease losses
$240Total noninterest income
$0Fiduciary activities
$170Service charges on deposit accounts
$0Trading account gains & fees
$70Additional noninterest income
$1,714Total noninterest expense
$870Salaries and employee benefits
$162Premises and equipment expense
$682Additional noninterest expense
$1,070Pre-tax net operating income
$0Securities gains (losses)
$456Applicable income taxes
$614Income before extraordinary items
$0Extraordinary gains - net
$614Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$387Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.65%Yield on earning assets
3.92%Cost of funding earning assets
4.73%Net interest margin
0.45%Noninterest income to earning assets
3.19%Noninterest expense to earning assets
1.00%Net operating income to assets
1.00%Return on assets (ROA)
1.75%Pretax return on assets
7.46%Return on equity (ROE)
2.76%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
57,220Assets per employee
2.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.03%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
434.69%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.39%Net loans and leases to deposits
90.67%Net loans and leases to core deposits
100.96%Equity capital to assets
13.16%Core capital (leverage) ratio
9.24%Tier 1 risk-based capital ratio
12.83%Total risk-based capital ratio
Memoranda
$14Average assets
$61,135Average earning assets
$8,226Average equity
$53,799Average loans
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