FDIC Certificate #: 14632 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Fountain Trust Company (#5768) Federal Reserve ID: 477143 Date Established: November 20, 1906 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 13227 FDIC's unique #: 9149 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: August 03, 1934 Last Structure Change Effective Date: April 04, 2003 Last Structure Change Process Date: May 16, 2003 Last Data Update: May 16, 2003 Data Source Date: April 05, 2012
Location
Address: Main Street, Darlington, IN 47940 County: Montgomery 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): Crawfordsville, IN (#18820) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $13.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
8Total employees (full-time equivalent)
$14,179Total assets
$895Cash and due from depository institutions
$215Interest-bearing balances
$2,534Securities
$300Federal funds sold & reverse repurchase agreements
$8,878Net loans & leases
$215Loan loss allowance
$0Trading account assets
$432Bank premises and fixed assets
$0Other real estate owned
$786Goodwill and other intangibles
$0Life insurance assets
$354All other assets
$14,179Total liabilities and capital
$11,822Total liabilities
$11,794Total deposits
$9,775Interest-bearing deposits
$11,794Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$28All other liabilities
$2,357Total equity capital
$2,357Total bank equity capital
$2,357Perpetual preferred stock
$0Common stock
$188Surplus
$2,057Undivided profits
Memoranda
$112Noncurrent loans and leases
$1,345Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$312Earning assets
$0Long-term assets (5+ years)
$131Average Assets, year-to-date
$11,927Average Assets, quarterly
$1,174Volatile liabilities
$14,298Insider loans
$13,755FHLB advances
$1,776Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,345Total unused commitments
$0Restructured Loans and leases
$108Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$851Total interest income
$148Total interest expense
$703Net interest income
$174Provision for loan and lease losses
$46Total noninterest income
$0Fiduciary activities
$38Service charges on deposit accounts
$0Trading account gains & fees
$8Additional noninterest income
$503Total noninterest expense
$264Salaries and employee benefits
$111Premises and equipment expense
$128Additional noninterest expense
$72Pre-tax net operating income
$0Securities gains (losses)
-$18Applicable income taxes
$90Income before extraordinary items
$0Extraordinary gains - net
$90Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$119Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.88%Yield on earning assets
1.20%Cost of funding earning assets
5.69%Net interest margin
0.37%Noninterest income to earning assets
4.07%Noninterest expense to earning assets
0.63%Net operating income to assets
0.63%Return on assets (ROA)
0.50%Pretax return on assets
4.20%Return on equity (ROE)
4.20%Retained earnings to average equity (YTD only)
1.37%Net charge-offs to loans
146.22%Credit loss provision to net charge-offs
2.07%Efficiency ratio
67,156Assets per employee
1.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.36%Loss allowance to noncurrent loans
68.91%Noncurrent assets plus other real estate owned to assets
2.20%Noncurrent loans to loans
3.43%Net loans and leases to deposits
75.28%Net loans and leases to core deposits
88.62%Equity capital to assets
16.62%Core capital (leverage) ratio
11.74%Tier 1 risk-based capital ratio
18.24%Total risk-based capital ratio
Memoranda
$20Average assets
$14,298Average earning assets
$2,141Average equity
$12,362Average loans
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