First Merchants Bank of Central Indiana, National Association in city_name, state_name

First Merchants Bank of Central Indiana, National Association in Anderson, Indiana (IN)
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First Merchants Bank of Central Indiana, National Association - Overview

General
FDIC Certificate #: 8047
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Merchants Bank National Association (#4365)
Federal Reserve ID: 1009541
Date Established: June 25, 1872
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 20 (Interstate: No)
OTS Docket #: 14188
FDIC's unique #: 5120
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 25, 2009
Last Structure Change Process Date: October 14, 2009
Last Data Update: October 14, 2009
Data Source Date: April 05, 2012
Location
Address: 33 W 1oth St, Anderson, IN 46016
County: Madison
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): Indianapolis, IN (#3480)
Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294)
Core Based Statistical Area (CBSA): Anderson, IN (#11300)
CBSA Metro Statistical Area: Anderson, IN (#11300)
Financial Summary
Total assets: $1,085.3 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
66Total employees (full-time equivalent)
$312,570Total assets
$7,415Cash and due from depository institutions
$35Interest-bearing balances
$25,502Securities
$2,260Federal funds sold & reverse repurchase agreements
$264,164Net loans & leases
$2,743Loan loss allowance
$0Trading account assets
$3,296Bank premises and fixed assets
$740Other real estate owned
$26Goodwill and other intangibles
$4,220Life insurance assets
$9,167All other assets
$312,570Total liabilities and capital
$286,222Total liabilities
$249,834Total deposits
$206,844Interest-bearing deposits
$249,834Deposits held in domestic offices
0.00%% insured (estimated)
$13,684Federal funds purchased & repurchase agreements
$0Trading liabilities
$21,500Other borrowed funds
$0Subordinated debt
$1,204All other liabilities
$26,348Total equity capital
$26,348Total bank equity capital
$26,348Perpetual preferred stock
$0Common stock
$1,752Surplus
$11,055Undivided profits
Memoranda
$13,541Noncurrent loans and leases
$41,459Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,227Earning assets
$0Long-term assets (5+ years)
$1,354Average Assets, year-to-date
$291,961Average Assets, quarterly
$32,391Volatile liabilities
$300,717Insider loans
$310,062FHLB advances
$45,642Loans and leases held for sale
$11,118Unused loan commitments
$21,500Tier 1 (core) risk-based capital
$10,123Tier 2 risk-based capital
$976Total risk weighted assets
$41,459Total unused commitments
$0Restructured Loans and leases
$2,743Derivatives

Income and Expense (December 31, 2008)

Dollar figures in thousands
$18,253Total interest income
$5,794Total interest expense
$12,459Net interest income
$1,400Provision for loan and lease losses
$2,046Total noninterest income
$0Fiduciary activities
$975Service charges on deposit accounts
$0Trading account gains & fees
$1,071Additional noninterest income
$7,200Total noninterest expense
$3,394Salaries and employee benefits
$688Premises and equipment expense
$3,118Additional noninterest expense
$5,905Pre-tax net operating income
$0Securities gains (losses)
$2,250Applicable income taxes
$3,655Income before extraordinary items
$0Extraordinary gains - net
$3,655Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,259Sale, conversion, retirement of capital stock, net
$4,350Net operating income

Performance and Condition Ratios (December 31, 2008)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.47%Yield on earning assets
2.05%Cost of funding earning assets
4.41%Net interest margin
0.72%Noninterest income to earning assets
2.55%Noninterest expense to earning assets
1.22%Net operating income to assets
1.22%Return on assets (ROA)
1.96%Pretax return on assets
13.62%Return on equity (ROE)
-2.59%Retained earnings to average equity (YTD only)
0.48%Net charge-offs to loans
111.20%Credit loss provision to net charge-offs
5.80%Efficiency ratio
49,617Assets per employee
4.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
119.02%Loss allowance to loans
1.03%Loss allowance to noncurrent loans
52.48%Noncurrent assets plus other real estate owned to assets
1.91%Noncurrent loans to loans
1.96%Net loans and leases to deposits
105.74%Net loans and leases to core deposits
116.95%Equity capital to assets
8.43%Core capital (leverage) ratio
8.41%Tier 1 risk-based capital ratio
10.33%Total risk-based capital ratio
Memoranda
$11Average assets
$300,717Average earning assets
$26,836Average equity
$282,297Average loans

Total Fiduciary and Related Assets (December 31, 2001)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$19,607Managed Assets
1Number of Accounts
$19,607Personal trust and agency accounts
$1,814Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$15,429Investment management agency accounts
$2,364Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
41Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

First Merchants Bank of Central Indiana, National Association in Anderson, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Merchants Bank of Central Indiana, National Association - Overview

Assets and Liabilities (December 31, 2008)

Income and Expense (December 31, 2008)

Performance and Condition Ratios (December 31, 2008)

Total Fiduciary and Related Assets (December 31, 2001)

Comment about this bank, ask questions, or add new information about it:

First Merchants Bank of Central Indiana, National Association in Anderson, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Merchants Bank of Central Indiana, National Association - Overview

Assets and Liabilities (December 31, 2008)

Income and Expense (December 31, 2008)

Performance and Condition Ratios (December 31, 2008)

Total Fiduciary and Related Assets (December 31, 2001)

Comment about this bank, ask questions, or add new information about it:

First Merchants Bank of Central Indiana, National Association in Anderson, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches