FDIC Certificate #: 34236 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Harrison Bank (#31223) Federal Reserve ID: 2460121 Date Established: March 22, 1997 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 56995 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: March 22, 1997 Last Structure Change Effective Date: March 20, 2003 Last Structure Change Process Date: April 11, 2003 Last Data Update: April 11, 2003 Data Source Date: April 05, 2012
Location
Address: 3131 Grantline Road, New Albany, IN 47150 County: Floyd 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: $86.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
27Total employees (full-time equivalent)
$86,177Total assets
$2,388Cash and due from depository institutions
$386Interest-bearing balances
$6,736Securities
$12,057Federal funds sold & reverse repurchase agreements
$61,728Net loans & leases
$593Loan loss allowance
$0Trading account assets
$2,266Bank premises and fixed assets
$86Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$916All other assets
$86,177Total liabilities and capital
$78,741Total liabilities
$78,450Total deposits
$74,365Interest-bearing deposits
$78,450Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$291All other liabilities
$7,436Total equity capital
$7,436Total bank equity capital
$7,436Perpetual preferred stock
$0Common stock
$2,000Surplus
$3,988Undivided profits
Memoranda
$1,448Noncurrent loans and leases
$8,163Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$964Earning assets
$0Long-term assets (5+ years)
$374Average Assets, year-to-date
$80,907Average Assets, quarterly
$13,232Volatile liabilities
$85,534Insider loans
$85,325FHLB advances
$26,394Loans and leases held for sale
$2,628Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,593Total risk weighted assets
$8,163Total unused commitments
$0Restructured Loans and leases
$593Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$5,058Total interest income
$2,535Total interest expense
$2,523Net interest income
$544Provision for loan and lease losses
$457Total noninterest income
$0Fiduciary activities
$269Service charges on deposit accounts
$0Trading account gains & fees
$188Additional noninterest income
$1,794Total noninterest expense
$1,125Salaries and employee benefits
$171Premises and equipment expense
$498Additional noninterest expense
$642Pre-tax net operating income
$0Securities gains (losses)
$241Applicable income taxes
$401Income before extraordinary items
$0Extraordinary gains - net
$401Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$412Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.33%Yield on earning assets
3.17%Cost of funding earning assets
3.16%Net interest margin
0.57%Noninterest income to earning assets
2.25%Noninterest expense to earning assets
0.47%Net operating income to assets
0.47%Return on assets (ROA)
0.75%Pretax return on assets
5.54%Return on equity (ROE)
5.54%Retained earnings to average equity (YTD only)
0.68%Net charge-offs to loans
132.04%Credit loss provision to net charge-offs
2.88%Efficiency ratio
60,201Assets per employee
3.19%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
61.51%Noncurrent assets plus other real estate owned to assets
1.22%Noncurrent loans to loans
1.55%Net loans and leases to deposits
78.68%Net loans and leases to core deposits
118.58%Equity capital to assets
8.63%Core capital (leverage) ratio
8.64%Tier 1 risk-based capital ratio
11.70%Total risk-based capital ratio
Memoranda
$13Average assets
$85,534Average earning assets
$7,239Average equity
$79,902Average loans
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