FDIC Certificate #: 15618 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Harrison Bank (#31223) Federal Reserve ID: 1009644 Date Established: September 10, 1938 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) FDIC's unique #: 9900 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: September 10, 1938 Last Structure Change Effective Date: January 13, 2000 Last Structure Change Process Date: April 27, 2000 Last Data Update: April 27, 2000 Data Source Date: April 05, 2012
Location
Address: Main Street, Palmyra, IN 47164 County: Harrison 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): Louisville, KY-IN (#4520) Combined Statistical Area (CSA): Louisville-Jefferson County-Elizabethtown-Scottsburg, KY-IN (#350) Core Based Statistical Area (CBSA): Louisville-Jefferson County, KY-IN (#31140) CBSA Metro Statistical Area: Louisville-Jefferson County, KY-IN (#31140)
Financial Summary
Total assets: $90.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
47Total employees (full-time equivalent)
$90,183Total assets
$6,683Cash and due from depository institutions
$2,408Interest-bearing balances
$13,834Securities
$4,000Federal funds sold & reverse repurchase agreements
$61,608Net loans & leases
$671Loan loss allowance
$0Trading account assets
$2,967Bank premises and fixed assets
$0Other real estate owned
$230Goodwill and other intangibles
$0Life insurance assets
$861All other assets
$90,183Total liabilities and capital
$78,465Total liabilities
$77,823Total deposits
$67,549Interest-bearing deposits
$77,823Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$642All other liabilities
$11,718Total equity capital
$11,718Total bank equity capital
$11,718Perpetual preferred stock
$0Common stock
$800Surplus
$2,500Undivided profits
Memoranda
$8,418Noncurrent loans and leases
$7,717Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$201Earning assets
$0Long-term assets (5+ years)
$401Average Assets, year-to-date
$81,850Average Assets, quarterly
$18,709Volatile liabilities
$88,136Insider loans
$89,829FHLB advances
$5,302Loans and leases held for sale
$181Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,717Total unused commitments
$0Restructured Loans and leases
$671Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$6,267Total interest income
$2,568Total interest expense
$3,699Net interest income
$71Provision for loan and lease losses
$733Total noninterest income
$0Fiduciary activities
$425Service charges on deposit accounts
$0Trading account gains & fees
$308Additional noninterest income
$2,823Total noninterest expense
$1,541Salaries and employee benefits
$452Premises and equipment expense
$830Additional noninterest expense
$1,538Pre-tax net operating income
$0Securities gains (losses)
$498Applicable income taxes
$1,040Income before extraordinary items
$0Extraordinary gains - net
$1,040Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$106Sale, conversion, retirement of capital stock, net
$590Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.78%Yield on earning assets
3.19%Cost of funding earning assets
4.59%Net interest margin
0.91%Noninterest income to earning assets
3.51%Noninterest expense to earning assets
1.18%Net operating income to assets
1.18%Return on assets (ROA)
1.75%Pretax return on assets
8.86%Return on equity (ROE)
3.83%Retained earnings to average equity (YTD only)
0.17%Net charge-offs to loans
66.98%Credit loss provision to net charge-offs
15.18%Efficiency ratio
63,425Assets per employee
1.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.73%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
333.83%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.32%Net loans and leases to deposits
79.16%Net loans and leases to core deposits
84.95%Equity capital to assets
12.99%Core capital (leverage) ratio
13.01%Tier 1 risk-based capital ratio
20.51%Total risk-based capital ratio
Memoranda
$22Average assets
$88,136Average earning assets
$11,737Average equity
$80,540Average loans
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