Kentland Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 28722 Status: Active Federal Reserve ID: 382274 Date Established: January 01, 1920 Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 2228 FDIC's unique #: 41556 Numeric code: 38 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: December 19, 1936 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 116 North Third St, Kentland, IN 47951 County: Newton 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): 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)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $4.7 mil Equity capital: $0.6 mil Deposits held in domestic offices: $3.6 mil Return on assets (ROA): 0.45% ($0.0 mil) Quarterly return on assets: 0.35% ($0.0 mil) Return on Equity (ROE): 2.97% ($0.0 mil) Quarterly return on equity: 2.47% ($0.0 mil) Net income: $0.0 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.45% ($21.1 mil) Quarterly Pretax return on assets: 0.35% ($16.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
2Total employees (full-time equivalent)
$4,678Total assets
$399Cash and due from depository institutions
$227Interest-bearing balances
$390Securities
$0Federal funds sold & reverse repurchase agreements
$3,740Net loans & leases
$15Loan loss allowance
$0Trading account assets
$87Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$4,678Life insurance assets
$62All other assets
$4,030Total liabilities and capital
$3,570Total liabilities
$3,570Total deposits
$3,570Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$450Trading liabilities
$0Other borrowed funds
$10Subordinated debt
$648All other liabilities
$648Total equity capital
$648Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$648Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$104Income earned, not collected on loans
$0Earning assets
$2Long-term assets (5+ years)
$4,357Average Assets, year-to-date
$3,882Average Assets, quarterly
$4,223Volatile liabilities
$4,617Insider loans
$2,107FHLB advances
$4,659Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$648Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$253Total interest income
$57Total interest expense
$196Net interest income
$0Provision for loan and lease losses
$8Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$8Additional noninterest income
$185Total noninterest expense
$128Salaries and employee benefits
$12Premises and equipment expense
$45Additional noninterest expense
$19Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$19Income before extraordinary items
$0Extraordinary gains - net
$19Net income attributable to bank
$0Net charge-offs
$19Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.31%Yield on earning assets
1.42%Cost of funding earning assets
4.89%Net interest margin
0.20%Noninterest income to earning assets
4.62%Noninterest expense to earning assets
0.45%Net operating income to assets
0.45%Return on assets (ROA)
0.45%Pretax return on assets
2.97%Return on equity (ROE)
2.97%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
90,686Assets per employee
2.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.40%Loss allowance to noncurrent loans
14.42%Noncurrent assets plus other real estate owned to assets
2.22%Noncurrent loans to loans
2.77%Net loans and leases to deposits
104.76%Net loans and leases to core deposits
104.76%Equity capital to assets
13.85%Core capital (leverage) ratio
13.91%Tier 1 risk-based capital ratio
30.75%Total risk-based capital ratio
Memoranda
$31Average assets
$4,223Average earning assets
$640Average equity
$4,008Average loans
List of branches
1 Indiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
41556
Kentland Federal Savings And Loan As
116 North Third St, Kentland, IN 47951
January 01, 1920
Full Service Brick and Mortar
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