Fayette Bank and Trust Company in Connersville, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 29, 1993

Fayette Bank and Trust Company in Connersville, Indiana (IN)
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Fayette Bank and Trust Company - Overview

General
FDIC Certificate #: 944
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: National City Bank of Indiana (#4347)
Federal Reserve ID: 138248
Date Established: April 02, 1902
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 615
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: January 01, 1934
Last Structure Change Effective Date: May 29, 1993
Last Structure Change Process Date: June 18, 1993
Last Data Update: June 18, 1993
Data Source Date: April 05, 2012
Location
Address: 536 Central Avenue, Connersville, IN 47331
County: Fayette
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): Connersville, IN (#18220)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $72.0 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$62Total assets
$81,001Cash and due from depository institutions
$6,512Interest-bearing balances
$0Securities
$16,416Federal funds sold & reverse repurchase agreements
$16,000Net loans & leases
$39,171Loan loss allowance
$630Trading account assets
$0Bank premises and fixed assets
$1,731Other real estate owned
$106Goodwill and other intangibles
$1,065Life insurance assets
$0All other assets
$0Total liabilities and capital
$81,001Total liabilities
$74,661Total deposits
$73,262Interest-bearing deposits
$65,249Deposits held in domestic offices
73262.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$281Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,118Total equity capital
$1,118Total bank equity capital
$6,340Perpetual preferred stock
$0Common stock
$1,001Surplus
$3,500Undivided profits
Memoranda
$1,839Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$442Income earned, not collected on loans
$497Earning assets
$71,587Long-term assets (5+ years)
$19,337Average Assets, year-to-date
$77,676Average Assets, quarterly
$78,099Volatile liabilities
$1,963Insider loans
$875FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,053Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,340Total risk weighted assets
$44,072Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$5,707Total interest expense
$2,669Net interest income
$3,038Provision for loan and lease losses
$90Total noninterest income
$565Fiduciary activities
$0Service charges on deposit accounts
$223Trading account gains & fees
$0Additional noninterest income
$342Total noninterest expense
$2,629Salaries and employee benefits
$1,370Premises and equipment expense
$377Additional noninterest expense
$882Pre-tax net operating income
$884Securities gains (losses)
$0Applicable income taxes
$298Income before extraordinary items
$586Extraordinary gains - net
$0Net income attributable to bank
$586Net charge-offs
$34Cash dividends
$200Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.14%Cost of funding earning assets
3.81%Net interest margin
4.34%Noninterest income to earning assets
0.81%Noninterest expense to earning assets
3.75%Net operating income to assets
0.75%Return on assets (ROA)
0.75%Pretax return on assets
1.14%Return on equity (ROE)
9.59%Retained earnings to average equity (YTD only)
6.32%Net charge-offs to loans
0.08%Credit loss provision to net charge-offs
264.71%Efficiency ratio
72,967Assets per employee
1.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.13%Loss allowance to loans
1.58%Loss allowance to noncurrent loans
142.53%Noncurrent assets plus other real estate owned to assets
0.68%Noncurrent loans to loans
1.11%Net loans and leases to deposits
53.47%Net loans and leases to core deposits
54.72%Equity capital to assets
7.83%Core capital (leverage) ratio
8.33%Tier 1 risk-based capital ratio
14.39%Total risk-based capital ratio
Memoranda
$16Average assets
$77,676Average earning assets
$6,110Average equity
$70,071Average loans

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