Harrington Bank, FSB in Richmond, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 18, 2002

  • Harrington Bank, FSB in Richmond, Indiana (IN)
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Harrington Bank, FSB - Overview

  • General
  • FDIC Certificate #: 28505
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank & Trust (#16298)
    Federal Reserve ID: 354879
    Date Established: January 01, 1889
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1728
    FDIC's unique #: 41339
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: April 28, 1936
    Last Structure Change Effective Date: January 18, 2002
    Last Structure Change Process Date: Febuary 06, 2002
    Last Data Update: Febuary 06, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 722 Promenade, Richmond, IN 47374
    County: Wayne
    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): Richmond, IN (#39980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $272.5 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, 2001)

  • Dollar figures in thousands
  • 52Total employees (full-time equivalent)
  • $272,487Total assets
  • $8,726Cash and due from depository institutions
  • $7,438Interest-bearing balances
  • $41,164Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $208,497Net loans & leases
  • $1,401Loan loss allowance
  • $2,924Trading account assets
  • $4,338Bank premises and fixed assets
  • $76Other real estate owned
  • $160Goodwill and other intangibles
  • $0Life insurance assets
  • $6,602All other assets
  • $272,487Total liabilities and capital
  • $245,445Total liabilities
  • $151,810Total deposits
  • $142,799Interest-bearing deposits
  • $151,810Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $26,558Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $58,000Other borrowed funds
  • $0Subordinated debt
  • $9,077All other liabilities
  • $27,042Total equity capital
  • $27,042Total bank equity capital
  • $27,042Perpetual preferred stock
  • $0Common stock
  • $486Surplus
  • $31,485Undivided profits
  • Memoranda
  • $-4,929Noncurrent loans and leases
  • $25,974Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,270Earning assets
  • $0Long-term assets (5+ years)
  • $1,193Average Assets, year-to-date
  • $260,023Average Assets, quarterly
  • $0Volatile liabilities
  • $392,363Insider loans
  • $334,071FHLB advances
  • $121,029Loans and leases held for sale
  • $106Unused loan commitments
  • $58,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $25,974Total unused commitments
  • $72Restructured Loans and leases
  • $1,401Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $29,116Total interest income
  • $18,582Total interest expense
  • $10,534Net interest income
  • $771Provision for loan and lease losses
  • $10,800Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,678Trading account gains & fees
  • $8,122Additional noninterest income
  • $8,331Total noninterest expense
  • $4,446Salaries and employee benefits
  • $1,900Premises and equipment expense
  • $1,985Additional noninterest expense
  • $12,232Pre-tax net operating income
  • $0Securities gains (losses)
  • $4,768Applicable income taxes
  • $7,464Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,464Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $70Sale, conversion, retirement of capital stock, net
  • $6,708Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.71%Yield on earning assets
  • 4.92%Cost of funding earning assets
  • 2.79%Net interest margin
  • 2.86%Noninterest income to earning assets
  • 2.21%Noninterest expense to earning assets
  • 1.90%Net operating income to assets
  • 1.90%Return on assets (ROA)
  • 3.12%Pretax return on assets
  • 26.82%Return on equity (ROE)
  • 2.72%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 1101.43%Credit loss provision to net charge-offs
  • 185.76%Efficiency ratio
  • 39,050Assets per employee
  • 5.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 89.87%Loss allowance to loans
  • 0.67%Loss allowance to noncurrent loans
  • 26.58%Noncurrent assets plus other real estate owned to assets
  • 1.96%Noncurrent loans to loans
  • 2.51%Net loans and leases to deposits
  • 137.34%Net loans and leases to core deposits
  • 180.77%Equity capital to assets
  • 9.92%Core capital (leverage) ratio
  • 10.60%Tier 1 risk-based capital ratio
  • 17.90%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $392,363Average earning assets
  • $27,827Average equity
  • $377,760Average loans

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