FDIC Certificate #: 25325 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Financial Bank, National Association (#4382) Federal Reserve ID: 1013043 Date Established: August 10, 1984 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 #: 8925 FDIC's unique #: 17514 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: August 10, 1984 Last Structure Change Effective Date: July 25, 2004 Last Structure Change Process Date: September 16, 2004 Last Data Update: September 16, 2004 Data Source Date: April 05, 2012
Location
Address: South State Road 59, Brazil, IN 47834 County: Clay 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: $131.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
36Total employees (full-time equivalent)
$122,359Total assets
$4,756Cash and due from depository institutions
$0Interest-bearing balances
$15,526Securities
$2,667Federal funds sold & reverse repurchase agreements
$93,139Net loans & leases
$1,319Loan loss allowance
$0Trading account assets
$1,482Bank premises and fixed assets
$59Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,730All other assets
$122,359Total liabilities and capital
$110,382Total liabilities
$83,559Total deposits
$72,613Interest-bearing deposits
$83,559Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$26,500Other borrowed funds
$0Subordinated debt
$323All other liabilities
$11,977Total equity capital
$11,977Total bank equity capital
$11,977Perpetual preferred stock
$0Common stock
$100Surplus
$4,435Undivided profits
Memoranda
$7,442Noncurrent loans and leases
$7,044Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,633Earning assets
$0Long-term assets (5+ years)
$794Average Assets, year-to-date
$111,332Average Assets, quarterly
$29,494Volatile liabilities
$121,558Insider loans
$121,848FHLB advances
$11,640Loans and leases held for sale
$3,132Unused loan commitments
$26,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,044Total unused commitments
$0Restructured Loans and leases
$1,075Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$7,442Total interest income
$3,421Total interest expense
$4,021Net interest income
$420Provision for loan and lease losses
$1,074Total noninterest income
$10Fiduciary activities
$649Service charges on deposit accounts
$0Trading account gains & fees
$415Additional noninterest income
$2,548Total noninterest expense
$1,278Salaries and employee benefits
$296Premises and equipment expense
$974Additional noninterest expense
$2,127Pre-tax net operating income
$4Securities gains (losses)
$735Applicable income taxes
$1,396Income before extraordinary items
$0Extraordinary gains - net
$1,396Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$891Sale, conversion, retirement of capital stock, net
$538Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.72%Yield on earning assets
3.09%Cost of funding earning assets
3.63%Net interest margin
0.97%Noninterest income to earning assets
2.30%Noninterest expense to earning assets
1.15%Net operating income to assets
1.15%Return on assets (ROA)
1.75%Pretax return on assets
11.99%Return on equity (ROE)
7.37%Retained earnings to average equity (YTD only)
0.91%Net charge-offs to loans
47.14%Credit loss provision to net charge-offs
2.86%Efficiency ratio
50,010Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.54%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
80.77%Noncurrent assets plus other real estate owned to assets
1.38%Noncurrent loans to loans
1.73%Net loans and leases to deposits
111.46%Net loans and leases to core deposits
129.51%Equity capital to assets
9.79%Core capital (leverage) ratio
9.55%Tier 1 risk-based capital ratio
13.76%Total risk-based capital ratio
Memoranda
$15Average assets
$121,558Average earning assets
$11,646Average equity
$110,782Average 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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