Indiana Federal Bank for Savings in Valparaiso, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 1997

  • Indiana Federal Bank for Savings in Valparaiso, Indiana (IN)
  • Show street view No street view available for this location

Indiana Federal Bank for Savings - Overview

  • General
  • FDIC Certificate #: 28831
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fifth Third Bank, Indiana (#8164)
    Federal Reserve ID: 224477
    Date Established: March 01, 1934
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 2446
    FDIC's unique #: 41665
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: October 31, 1934
    Last Structure Change Effective Date: August 01, 1997
    Last Structure Change Process Date: September 11, 1997
    Last Data Update: September 11, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 56 S Washington St, Valparaiso, IN 46383
    County: Porter
    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): Gary, IN (#2960)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    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: $834.3 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)
  • $287Total assets
  • $827,254Cash and due from depository institutions
  • $25,837Interest-bearing balances
  • $1,665Securities
  • $129,731Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $623,293Loan loss allowance
  • $7,457Trading account assets
  • $0Bank premises and fixed assets
  • $10,428Other real estate owned
  • $3,367Goodwill and other intangibles
  • $29,790Life insurance assets
  • $4,808All other assets
  • $0Total liabilities and capital
  • $827,254Total liabilities
  • $772,614Total deposits
  • $572,695Interest-bearing deposits
  • $539,726Deposits held in domestic offices
  • 572695.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $9,131Trading liabilities
  • $0Other borrowed funds
  • $183,465Subordinated debt
  • $0All other liabilities
  • $7,323Total equity capital
  • $7,323Total bank equity capital
  • $54,640Perpetual preferred stock
  • $0Common stock
  • $27Surplus
  • $25,164Undivided profits
  • Memoranda
  • $29,449Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,985Income earned, not collected on loans
  • $4,601Earning assets
  • $754,689Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $755,352Average Assets, quarterly
  • $811,292Volatile liabilities
  • $308,496Insider loans
  • $1,958FHLB advances
  • $163,465Loans and leases held for sale
  • $0Unused loan commitments
  • $58,546Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $49,708Total risk weighted assets
  • $568,311Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $56,115Total interest expense
  • $31,912Net interest income
  • $24,203Provision for loan and lease losses
  • $1,115Total noninterest income
  • $5,028Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $5,028Total noninterest expense
  • $21,135Salaries and employee benefits
  • $7,891Premises and equipment expense
  • $4,950Additional noninterest expense
  • $8,294Pre-tax net operating income
  • $6,981Securities gains (losses)
  • -$169Applicable income taxes
  • $2,703Income before extraordinary items
  • $4,109Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,109Net charge-offs
  • $548Cash dividends
  • $6,970Sale, 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
  • 8.20%Cost of funding earning assets
  • 4.66%Net interest margin
  • 3.54%Noninterest income to earning assets
  • 0.73%Noninterest expense to earning assets
  • 3.09%Net operating income to assets
  • 0.56%Return on assets (ROA)
  • 0.54%Pretax return on assets
  • 0.90%Return on equity (ROE)
  • 7.60%Retained earnings to average equity (YTD only)
  • -5.29%Net charge-offs to loans
  • 0.09%Credit loss provision to net charge-offs
  • 203.47%Efficiency ratio
  • 69,731Assets per employee
  • 2.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 169.63%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 80.09%Noncurrent assets plus other real estate owned to assets
  • 1.37%Noncurrent loans to loans
  • 1.27%Net loans and leases to deposits
  • 108.84%Net loans and leases to core deposits
  • 136.45%Equity capital to assets
  • 6.60%Core capital (leverage) ratio
  • 6.04%Tier 1 risk-based capital ratio
  • 8.75%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $755,352Average earning assets
  • $54,056Average equity
  • $684,587Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Indiana Federal Bank for Savings.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents