First Bank and Trust Company of Oakland City in Oakland City, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 30, 1994

First Bank and Trust Company of Oakland City in Oakland City, Indiana (IN)
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First Bank and Trust Company of Oakland City - Overview

General
FDIC Certificate #: 4404
Status: Inactive
Closing history: Corrections
Acquiring institution: The Citizens National Bank of Evansville (#4391)
Federal Reserve ID: 732646
Date Established: January 01, 1889
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 2904
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: August 30, 1994
Last Structure Change Process Date: September 09, 1994
Last Data Update: October 03, 1995
Data Source Date: April 05, 2012
Location
Address: 117 North Main Street, Oakland City, IN 47660
County: Gibson
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): Evansville, IN-KY (#21780)
CBSA Metro Statistical Area: Evansville, IN-KY (#21780)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $31.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$13Total assets
$31,486Cash and due from depository institutions
$473Interest-bearing balances
$0Securities
$16,611Federal funds sold & reverse repurchase agreements
$375Net loans & leases
$13,023Loan loss allowance
$185Trading account assets
$0Bank premises and fixed assets
$286Other real estate owned
$46Goodwill and other intangibles
$672Life insurance assets
$0All other assets
$0Total liabilities and capital
$31,486Total liabilities
$28,836Total deposits
$28,127Interest-bearing deposits
$25,806Deposits held in domestic offices
28127.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$280Subordinated debt
$0All other liabilities
$429Total equity capital
$429Total bank equity capital
$2,650Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,000Undivided profits
Memoranda
$650Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$100Earning assets
$30,009Long-term assets (5+ years)
$6,902Average Assets, year-to-date
$31,485Average Assets, quarterly
$31,102Volatile liabilities
$4,010Insider loans
$480FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$225Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,650Total risk weighted assets
$13,773Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$2,190Total interest expense
$956Net interest income
$1,234Provision for loan and lease losses
$96Total noninterest income
$64Fiduciary activities
$0Service charges on deposit accounts
$42Trading account gains & fees
$0Additional noninterest income
$22Total noninterest expense
$954Salaries and employee benefits
$561Premises and equipment expense
$96Additional noninterest expense
$297Pre-tax net operating income
$248Securities gains (losses)
$235Applicable income taxes
$139Income before extraordinary items
$344Extraordinary gains - net
$0Net income attributable to bank
$344Net charge-offs
$133Cash dividends
$160Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.33%Cost of funding earning assets
3.20%Net interest margin
4.13%Noninterest income to earning assets
0.21%Noninterest expense to earning assets
3.19%Net operating income to assets
0.56%Return on assets (ROA)
1.09%Pretax return on assets
1.53%Return on equity (ROE)
13.33%Retained earnings to average equity (YTD only)
7.13%Net charge-offs to loans
1.00%Credit loss provision to net charge-offs
72.18%Efficiency ratio
73,498Assets per employee
2.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.51%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.00%Net loans and leases to deposits
46.30%Net loans and leases to core deposits
53.38%Equity capital to assets
8.42%Core capital (leverage) ratio
8.66%Tier 1 risk-based capital ratio
19.24%Total risk-based capital ratio
Memoranda
$20Average assets
$31,485Average earning assets
$2,580Average equity
$29,892Average loans

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