Frances Slocum Bank and Trust Company, National Association in Wabash, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 2007

  • Frances Slocum Bank and Trust Company, National Association in Wabash, Indiana (IN)
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Frances Slocum Bank and Trust Company, National Association - Overview

  • General
  • FDIC Certificate #: 18927
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Merchants Bank National Association (#4365)
    Federal Reserve ID: 163745
    Date Established: October 28, 1963
    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: 7 (Interstate: No)
    FDIC's unique #: 12774
    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: October 28, 1963
    Last Structure Change Effective Date: April 01, 2007
    Last Structure Change Process Date: April 25, 2007
    Last Data Update: April 25, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 189 West Market Street, Wabash, IN 46992
    County: Wabash
    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
    Core Based Statistical Area (CBSA): Wabash, IN (#47340)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $213.1 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, 2006)

  • Dollar figures in thousands
  • 52Total employees (full-time equivalent)
  • $206,243Total assets
  • $2,560Cash and due from depository institutions
  • $479Interest-bearing balances
  • $14,460Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $169,070Net loans & leases
  • $2,098Loan loss allowance
  • $0Trading account assets
  • $2,953Bank premises and fixed assets
  • $418Other real estate owned
  • $10,428Goodwill and other intangibles
  • $2,761Life insurance assets
  • $6,354All other assets
  • $206,243Total liabilities and capital
  • $178,078Total liabilities
  • $138,581Total deposits
  • $119,490Interest-bearing deposits
  • $138,581Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $15,821Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $22,125Other borrowed funds
  • $0Subordinated debt
  • $1,551All other liabilities
  • $28,165Total equity capital
  • $28,165Total bank equity capital
  • $28,165Perpetual preferred stock
  • $0Common stock
  • $963Surplus
  • $23,419Undivided profits
  • Memoranda
  • $3,783Noncurrent loans and leases
  • $25,261Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,595Earning assets
  • $0Long-term assets (5+ years)
  • $1,536Average Assets, year-to-date
  • $184,009Average Assets, quarterly
  • $26,082Volatile liabilities
  • $196,764Insider loans
  • $207,667FHLB advances
  • $62,520Loans and leases held for sale
  • $6,617Unused loan commitments
  • $15,000Tier 1 (core) risk-based capital
  • $441Tier 2 risk-based capital
  • $109Total risk weighted assets
  • $25,261Total unused commitments
  • $0Restructured Loans and leases
  • $2,098Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $12,336Total interest income
  • $5,104Total interest expense
  • $7,232Net interest income
  • $180Provision for loan and lease losses
  • $1,157Total noninterest income
  • $0Fiduciary activities
  • $734Service charges on deposit accounts
  • $0Trading account gains & fees
  • $423Additional noninterest income
  • $5,307Total noninterest expense
  • $2,151Salaries and employee benefits
  • $537Premises and equipment expense
  • $2,619Additional noninterest expense
  • $2,902Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,013Applicable income taxes
  • $1,889Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,889Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $429Sale, conversion, retirement of capital stock, net
  • $1,578Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.18%Yield on earning assets
  • 2.97%Cost of funding earning assets
  • 4.21%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.09%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 0.96%Return on assets (ROA)
  • 1.47%Pretax return on assets
  • 6.78%Return on equity (ROE)
  • 1.12%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 41.96%Credit loss provision to net charge-offs
  • 7.18%Efficiency ratio
  • 58,040Assets per employee
  • 3.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 83.54%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 131.54%Noncurrent assets plus other real estate owned to assets
  • 0.98%Noncurrent loans to loans
  • 0.93%Net loans and leases to deposits
  • 122.00%Net loans and leases to core deposits
  • 165.95%Equity capital to assets
  • 13.66%Core capital (leverage) ratio
  • 9.08%Tier 1 risk-based capital ratio
  • 10.63%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $196,764Average earning assets
  • $27,844Average equity
  • $171,853Average 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
  • $2,130Managed Assets
  • 1Number of Accounts
  • $1,702Personal trust and agency accounts
  • $1,702Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 39Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $428Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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