First United Bank, National Association in city_name, state_name

First United Bank, National Association in Middletown, Indiana (IN)
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First United Bank, National Association - Overview

General
FDIC Certificate #: 202
Status: Inactive
Closing history: Corrections
Acquiring institution: First Merchants Bank National Association (#4365)
Federal Reserve ID: 966946
Date Established: May 18, 1882
WWW: http://www.firstmerchants.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 160
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: January 01, 2006
Last Structure Change Process Date: January 19, 2006
Last Data Update: January 19, 2006
Data Source Date: April 05, 2012
Location
Address: 790 Mill Street, Middletown, IN 47356
County: Henry
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
Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294)
Core Based Statistical Area (CBSA): New Castle, IN (#35220)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $94.0 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, 2005)

Dollar figures in thousands
25Total employees (full-time equivalent)
$93,962Total assets
$3,241Cash and due from depository institutions
$168Interest-bearing balances
$12,188Securities
$0Federal funds sold & reverse repurchase agreements
$74,690Net loans & leases
$751Loan loss allowance
$0Trading account assets
$445Bank premises and fixed assets
$0Other real estate owned
$631Goodwill and other intangibles
$0Life insurance assets
$2,767All other assets
$93,962Total liabilities and capital
$86,336Total liabilities
$76,989Total deposits
$68,750Interest-bearing deposits
$76,989Deposits held in domestic offices
0.00%% insured (estimated)
$5,136Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,000Other borrowed funds
$0Subordinated debt
$211All other liabilities
$7,626Total equity capital
$7,626Total bank equity capital
$7,626Perpetual preferred stock
$0Common stock
$640Surplus
$5,229Undivided profits
Memoranda
$1,757Noncurrent loans and leases
$10,798Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$491Earning assets
$0Long-term assets (5+ years)
$619Average Assets, year-to-date
$87,046Average Assets, quarterly
$26,298Volatile liabilities
$90,689Insider loans
$92,892FHLB advances
$26,084Loans and leases held for sale
$1,725Unused loan commitments
$4,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,798Total unused commitments
$0Restructured Loans and leases
$751Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$5,323Total interest income
$1,450Total interest expense
$3,873Net interest income
$698Provision for loan and lease losses
$509Total noninterest income
$0Fiduciary activities
$300Service charges on deposit accounts
$0Trading account gains & fees
$209Additional noninterest income
$2,389Total noninterest expense
$1,016Salaries and employee benefits
$267Premises and equipment expense
$1,106Additional noninterest expense
$1,295Pre-tax net operating income
$0Securities gains (losses)
$449Applicable income taxes
$846Income before extraordinary items
$0Extraordinary gains - net
$846Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$550Sale, conversion, retirement of capital stock, net
$710Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.35%Yield on earning assets
1.73%Cost of funding earning assets
4.62%Net interest margin
0.61%Noninterest income to earning assets
2.85%Noninterest expense to earning assets
0.93%Net operating income to assets
0.93%Return on assets (ROA)
1.43%Pretax return on assets
11.20%Return on equity (ROE)
1.80%Retained earnings to average equity (YTD only)
0.77%Net charge-offs to loans
126.91%Credit loss provision to net charge-offs
3.62%Efficiency ratio
54,518Assets per employee
3.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
83.92%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
152.95%Noncurrent assets plus other real estate owned to assets
0.52%Noncurrent loans to loans
0.65%Net loans and leases to deposits
97.01%Net loans and leases to core deposits
133.28%Equity capital to assets
8.12%Core capital (leverage) ratio
7.83%Tier 1 risk-based capital ratio
10.05%Total risk-based capital ratio
Memoranda
$11Average assets
$90,689Average earning assets
$7,555Average equity
$83,779Average loans

First United Bank, National Association in Middletown, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First United Bank, National Association - Overview

Assets and Liabilities (December 31, 2005)

Income and Expense (December 31, 2005)

Performance and Condition Ratios (December 31, 2005)

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

First United Bank, National Association in Middletown, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

First United Bank, National Association - Overview

Assets and Liabilities (December 31, 2005)

Income and Expense (December 31, 2005)

Performance and Condition Ratios (December 31, 2005)

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

First United Bank, National Association in Middletown, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches