Irwin Union Bank and Trust Company in Columbus, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 18, 2009

  • Irwin Union Bank and Trust Company in Columbus, Indiana (IN)
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Irwin Union Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 10100
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Financial Bank, National Association (#6600)
    Federal Reserve ID: 130943
    Date Established: April 02, 1928
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 23 (Interstate: No)
    OTS Docket #: 8919
    FDIC's unique #: 6458
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 18, 2009
    Last Structure Change Process Date: September 21, 2009
    Last Data Update: September 21, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 Washington Street, Columbus, IN 47201
    County: Bartholomew
    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): Columbus, IN (#18020)
    CBSA Metro Statistical Area: Columbus, IN (#18020)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $2,839.7 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, 2008)

  • Dollar figures in thousands
  • 704Total employees (full-time equivalent)
  • $4,291,256Total assets
  • $159,202Cash and due from depository institutions
  • $24,827Interest-bearing balances
  • $48,428Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $3,717,354Net loans & leases
  • $120,472Loan loss allowance
  • $9,180Trading account assets
  • $28,544Bank premises and fixed assets
  • $15,469Other real estate owned
  • $20,071Goodwill and other intangibles
  • $53,170Life insurance assets
  • $293,008All other assets
  • $4,291,256Total liabilities and capital
  • $4,003,831Total liabilities
  • $2,472,519Total deposits
  • $2,231,432Interest-bearing deposits
  • $2,472,519Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $25,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,395,039Other borrowed funds
  • $30,000Subordinated debt
  • $81,273All other liabilities
  • $287,425Total equity capital
  • $287,425Total bank equity capital
  • $287,425Perpetual preferred stock
  • $0Common stock
  • $2,840Surplus
  • $536,983Undivided profits
  • Memoranda
  • $-252,398Noncurrent loans and leases
  • $461,225Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $189,877Earning assets
  • $7,182Long-term assets (5+ years)
  • $17,474Average Assets, year-to-date
  • $3,799,789Average Assets, quarterly
  • $1,447,902Volatile liabilities
  • $5,019,300Insider loans
  • $4,428,586FHLB advances
  • $742,576Loans and leases held for sale
  • $2,196Unused loan commitments
  • $466,012Tier 1 (core) risk-based capital
  • $130,842Tier 2 risk-based capital
  • $841,002Total risk weighted assets
  • $461,225Total unused commitments
  • $28,868Restructured Loans and leases
  • $82,559Derivatives
  • $15,488Total assets and liabilities in foreign offices

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $377,216Total interest income
  • $184,337Total interest expense
  • $192,879Net interest income
  • $333,397Provision for loan and lease losses
  • $9,985Total noninterest income
  • $1,817Fiduciary activities
  • $3,949Service charges on deposit accounts
  • -$3,096Trading account gains & fees
  • $7,315Additional noninterest income
  • $173,059Total noninterest expense
  • $92,754Salaries and employee benefits
  • $19,305Premises and equipment expense
  • $61,000Additional noninterest expense
  • -$303,592Pre-tax net operating income
  • -$23,082Securities gains (losses)
  • -$39,920Applicable income taxes
  • -$286,754Income before extraordinary items
  • $0Extraordinary gains - net
  • -$286,754Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $350,315Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.33%Yield on earning assets
  • 4.07%Cost of funding earning assets
  • 4.26%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 3.82%Noninterest expense to earning assets
  • -5.31%Net operating income to assets
  • -5.71%Return on assets (ROA)
  • -6.51%Pretax return on assets
  • -61.78%Return on equity (ROE)
  • -61.78%Retained earnings to average equity (YTD only)
  • 7.66%Net charge-offs to loans
  • 95.17%Credit loss provision to net charge-offs
  • 0.09%Efficiency ratio
  • 85,275Assets per employee
  • 6.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.14%Loss allowance to noncurrent loans
  • 63.45%Noncurrent assets plus other real estate owned to assets
  • 4.79%Noncurrent loans to loans
  • 4.95%Net loans and leases to deposits
  • 150.35%Net loans and leases to core deposits
  • 184.39%Equity capital to assets
  • 6.70%Core capital (leverage) ratio
  • 6.36%Tier 1 risk-based capital ratio
  • 6.93%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $5,019,300Average earning assets
  • $464,182Average equity
  • $4,527,428Average loans

Total Fiduciary and Related Assets (December 31, 2008)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $252,519Managed Assets
  • 1Number of Accounts
  • $221,078Personal trust and agency accounts
  • $63,879Employee benefit-defined contribution accounts
  • $43,563Employee benefit-defined benefit accounts
  • $34,762Other retirement accounts
  • $16,219Corporate trust and agency accounts
  • $414Investment management agency accounts
  • $62,241Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 466Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $31,441Other retirement accounts
  • $7,223Corporate trust and agency accounts
  • $1,259Other fiduciary accounts
  • $22,775Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2008)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $120,3371-4 family residential loans
  • $50,444Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans

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