Goodland State Bank in city_name, state_name - Detailed Financial Reports, Location

Goodland State Bank in Goodland, Indiana (IN)
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Goodland State Bank - Overview

General
FDIC Certificate #: 14196
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: MainSource Bank of Illinois (#18630)
Federal Reserve ID: 591049
Date Established: July 24, 1931
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 9629
FDIC's unique #: 8863
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: April 04, 1934
Last Structure Change Effective Date: August 31, 1997
Last Structure Change Process Date: October 23, 1997
Last Data Update: October 23, 1997
Data Source Date: April 05, 2012
Location
Address: Main Street, Goodland, IN 47948
County: Newton
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): 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: $19.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$8Total assets
$21,555Cash and due from depository institutions
$2,384Interest-bearing balances
$1,100Securities
$3,133Federal funds sold & reverse repurchase agreements
$2,000Net loans & leases
$12,619Loan loss allowance
$215Trading account assets
$0Bank premises and fixed assets
$518Other real estate owned
$0Goodwill and other intangibles
$895Life insurance assets
$6All other assets
$0Total liabilities and capital
$21,555Total liabilities
$19,463Total deposits
$18,699Interest-bearing deposits
$16,507Deposits held in domestic offices
18699.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$585Subordinated debt
$0All other liabilities
$179Total equity capital
$179Total bank equity capital
$2,092Perpetual preferred stock
$0Common stock
$500Surplus
$1,425Undivided profits
Memoranda
$167Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$828Income earned, not collected on loans
$189Earning assets
$18,852Long-term assets (5+ years)
$3,741Average Assets, year-to-date
$21,101Average Assets, quarterly
$21,169Volatile liabilities
$1,070Insider loans
$149FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,797Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,044Total risk weighted assets
$14,564Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$1,514Total interest expense
$769Net interest income
$745Provision for loan and lease losses
$41Total noninterest income
$116Fiduciary activities
$0Service charges on deposit accounts
$75Trading account gains & fees
$0Additional noninterest income
$41Total noninterest expense
$569Salaries and employee benefits
$278Premises and equipment expense
$117Additional noninterest expense
$174Pre-tax net operating income
$251Securities gains (losses)
$0Applicable income taxes
$96Income before extraordinary items
$155Extraordinary gains - net
$0Net income attributable to bank
$155Net charge-offs
$29Cash dividends
$175Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.05%Cost of funding earning assets
4.09%Net interest margin
3.96%Noninterest income to earning assets
0.62%Noninterest expense to earning assets
3.03%Net operating income to assets
0.73%Return on assets (ROA)
0.73%Pretax return on assets
1.19%Return on equity (ROE)
7.50%Retained earnings to average equity (YTD only)
-0.97%Net charge-offs to loans
0.22%Credit loss provision to net charge-offs
141.38%Efficiency ratio
65,970Assets per employee
2.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
112.90%Loss allowance to loans
1.68%Loss allowance to noncurrent loans
25.97%Noncurrent assets plus other real estate owned to assets
3.84%Noncurrent loans to loans
6.45%Net loans and leases to deposits
67.48%Net loans and leases to core deposits
71.13%Equity capital to assets
9.71%Core capital (leverage) ratio
9.65%Tier 1 risk-based capital ratio
14.03%Total risk-based capital ratio
Memoranda
$15Average assets
$21,101Average earning assets
$2,067Average equity
$18,799Average loans

Goodland State Bank in Goodland, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Goodland State Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

Goodland State Bank in Goodland, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

Goodland State Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

Goodland State Bank in Goodland, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches