FDIC Certificate #: 9283 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Financial Bank, National Association (#4382) Federal Reserve ID: 76742 Date Established: January 01, 1905 WWW:http://www.first-online.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 8947 FDIC's unique #: 5941 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: Febuary 20, 2004 Last Structure Change Process Date: March 12, 2004 Last Data Update: March 12, 2004 Data Source Date: April 05, 2012
Location
Address: 305 Main Street, Newport, IN 47966 County: Vermillion 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): Terre Haute, IN (#8320) Core Based Statistical Area (CBSA): Terre Haute, IN (#45460) CBSA Metro Statistical Area: Terre Haute, IN (#45460)
Financial Summary
Total assets: $128.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
41Total employees (full-time equivalent)
$128,920Total assets
$1,019Cash and due from depository institutions
$0Interest-bearing balances
$47,026Securities
$1,300Federal funds sold & reverse repurchase agreements
$72,879Net loans & leases
$872Loan loss allowance
$0Trading account assets
$1,305Bank premises and fixed assets
$414Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,977All other assets
$128,920Total liabilities and capital
$114,498Total liabilities
$95,303Total deposits
$82,307Interest-bearing deposits
$95,303Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$18,549Other borrowed funds
$0Subordinated debt
$646All other liabilities
$14,422Total equity capital
$14,422Total bank equity capital
$14,422Perpetual preferred stock
$0Common stock
$100Surplus
$4,000Undivided profits
Memoranda
$10,322Noncurrent loans and leases
$4,341Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$533Earning assets
$0Long-term assets (5+ years)
$760Average Assets, year-to-date
$121,205Average Assets, quarterly
$44,713Volatile liabilities
$126,819Insider loans
$127,262FHLB advances
$11,984Loans and leases held for sale
$160Unused loan commitments
$18,468Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,341Total unused commitments
$0Restructured Loans and leases
$872Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$7,220Total interest income
$2,487Total interest expense
$4,733Net interest income
$510Provision for loan and lease losses
$880Total noninterest income
$0Fiduciary activities
$440Service charges on deposit accounts
$0Trading account gains & fees
$440Additional noninterest income
$2,831Total noninterest expense
$1,493Salaries and employee benefits
$326Premises and equipment expense
$1,012Additional noninterest expense
$2,272Pre-tax net operating income
$122Securities gains (losses)
$702Applicable income taxes
$1,692Income before extraordinary items
$0Extraordinary gains - net
$1,692Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$565Sale, conversion, retirement of capital stock, net
$693Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.15%Yield on earning assets
2.12%Cost of funding earning assets
4.03%Net interest margin
0.75%Noninterest income to earning assets
2.41%Noninterest expense to earning assets
1.27%Net operating income to assets
1.33%Return on assets (ROA)
1.89%Pretax return on assets
12.03%Return on equity (ROE)
7.10%Retained earnings to average equity (YTD only)
0.77%Net charge-offs to loans
90.27%Credit loss provision to net charge-offs
4.92%Efficiency ratio
50,436Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.96%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
163.60%Noncurrent assets plus other real estate owned to assets
0.73%Noncurrent loans to loans
0.72%Net loans and leases to deposits
76.47%Net loans and leases to core deposits
82.44%Equity capital to assets
11.19%Core capital (leverage) ratio
10.78%Tier 1 risk-based capital ratio
15.89%Total risk-based capital ratio
Memoranda
$17Average assets
$126,819Average earning assets
$14,066Average equity
$117,473Average loans
Total Fiduciary and Related Assets (December 31, 2003)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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