First National Bank of East Chicago, Indiana in East Chicago, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 29, 1993

  • First National Bank of East Chicago, Indiana in East Chicago, Indiana (IN)
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First National Bank of East Chicago, Indiana - Overview

  • General
  • FDIC Certificate #: 4334
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National City Bank of Indiana (#4347)
    Federal Reserve ID: 448143
    Date Established: March 07, 1931
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 2845
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    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 08, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 720 West Chicago Avenue, East Chicago, IN 46312
    County: Lake
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Gary, IN (#2960)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Gary, IN (#23844)
  • Financial Summary
  • Total assets: $196.5 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $130Total assets
  • $209,505Cash and due from depository institutions
  • $27,386Interest-bearing balances
  • $0Securities
  • $5,928Federal funds sold & reverse repurchase agreements
  • $36,250Net loans & leases
  • $133,917Loan loss allowance
  • $1,809Trading account assets
  • $0Bank premises and fixed assets
  • $3,593Other real estate owned
  • $244Goodwill and other intangibles
  • $2,187Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $209,505Total liabilities
  • $187,944Total deposits
  • $182,184Interest-bearing deposits
  • $141,937Deposits held in domestic offices
  • 182184.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $2,789Trading liabilities
  • $0Other borrowed funds
  • $2,171Subordinated debt
  • $0All other liabilities
  • $800Total equity capital
  • $800Total bank equity capital
  • $21,561Perpetual preferred stock
  • $0Common stock
  • $5,000Surplus
  • $5,000Undivided profits
  • Memoranda
  • $11,561Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,121Income earned, not collected on loans
  • $821Earning assets
  • $176,095Long-term assets (5+ years)
  • $43,672Average Assets, year-to-date
  • $213,662Average Assets, quarterly
  • $208,077Volatile liabilities
  • $9,520Insider loans
  • $87FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $17,313Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $21,561Total risk weighted assets
  • $143,126Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $15,764Total interest expense
  • $6,085Net interest income
  • $9,679Provision for loan and lease losses
  • $449Total noninterest income
  • $1,607Fiduciary activities
  • $112Service charges on deposit accounts
  • $939Trading account gains & fees
  • $0Additional noninterest income
  • $556Total noninterest expense
  • $7,492Salaries and employee benefits
  • $4,075Premises and equipment expense
  • $905Additional noninterest expense
  • $2,512Pre-tax net operating income
  • $3,345Securities gains (losses)
  • $157Applicable income taxes
  • $862Income before extraordinary items
  • $2,640Extraordinary gains - net
  • $157Net income attributable to bank
  • $2,797Net charge-offs
  • $449Cash dividends
  • $2,000Sale, 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
  • 8.65%Cost of funding earning assets
  • 3.34%Net interest margin
  • 5.31%Noninterest income to earning assets
  • 0.88%Noninterest expense to earning assets
  • 4.11%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 1.71%Return on equity (ROE)
  • 13.47%Retained earnings to average equity (YTD only)
  • 3.84%Net charge-offs to loans
  • 0.32%Credit loss provision to net charge-offs
  • 100.00%Efficiency ratio
  • 66,383Assets per employee
  • 1.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 71.51%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 161.37%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 0.83%Net loans and leases to deposits
  • 73.51%Net loans and leases to core deposits
  • 75.39%Equity capital to assets
  • 10.29%Core capital (leverage) ratio
  • 9.73%Tier 1 risk-based capital ratio
  • 15.06%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $213,662Average earning assets
  • $20,770Average equity
  • $182,281Average loans

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