FDIC Certificate #: 30205 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:MainSource Bank (#5766) Federal Reserve ID: 877172 Date Established: January 01, 1913 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) OTS Docket #: 4947 FDIC's unique #: 43039 Numeric code: 21 Regulator: FDIC 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: June 12, 1947 Last Structure Change Effective Date: September 15, 2007 Last Structure Change Process Date: October 02, 2007 Last Data Update: October 02, 2007 Data Source Date: April 05, 2012
Location
Address: 221 E Main Street, Crawfordsville, IN 47933 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: $273.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
52Total employees (full-time equivalent)
$272,772Total assets
$4,942Cash and due from depository institutions
$2,249Interest-bearing balances
$0Securities
$315Federal funds sold & reverse repurchase agreements
$215,950Net loans & leases
$1,619Loan loss allowance
$0Trading account assets
$4,430Bank premises and fixed assets
$938Other real estate owned
$29,817Goodwill and other intangibles
$7,470Life insurance assets
$16,380All other assets
$272,772Total liabilities and capital
$227,404Total liabilities
$176,694Total deposits
$168,536Interest-bearing deposits
$176,694Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$46,919Other borrowed funds
$0Subordinated debt
$3,791All other liabilities
$45,368Total equity capital
$45,368Total bank equity capital
$45,368Perpetual preferred stock
$0Common stock
$0Surplus
$44,842Undivided profits
Memoranda
$526Noncurrent loans and leases
$31,254Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,694Earning assets
$0Long-term assets (5+ years)
$1,352Average Assets, year-to-date
$218,514Average Assets, quarterly
$146,804Volatile liabilities
$271,214Insider loans
$274,597FHLB advances
$74,911Loans and leases held for sale
$4,225Unused loan commitments
$46,919Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$31,254Total unused commitments
$0Restructured Loans and leases
$1,619Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$12,053Total interest income
$6,673Total interest expense
$5,380Net interest income
$0Provision for loan and lease losses
$512Total noninterest income
$0Fiduciary activities
$253Service charges on deposit accounts
$0Trading account gains & fees
$259Additional noninterest income
$3,577Total noninterest expense
$1,939Salaries and employee benefits
$506Premises and equipment expense
$1,132Additional noninterest expense
$2,315Pre-tax net operating income
$0Securities gains (losses)
$714Applicable income taxes
$1,601Income before extraordinary items
$0Extraordinary gains - net
$1,601Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$301Sale, conversion, retirement of capital stock, net
$1,075Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.32%Yield on earning assets
2.95%Cost of funding earning assets
2.38%Net interest margin
0.23%Noninterest income to earning assets
1.58%Noninterest expense to earning assets
0.59%Net operating income to assets
0.59%Return on assets (ROA)
0.85%Pretax return on assets
3.83%Return on equity (ROE)
1.26%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
7.69%Efficiency ratio
57,671Assets per employee
5.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.15%Loss allowance to loans
0.74%Loss allowance to noncurrent loans
43.83%Noncurrent assets plus other real estate owned to assets
1.70%Noncurrent loans to loans
1.70%Net loans and leases to deposits
122.22%Net loans and leases to core deposits
180.89%Equity capital to assets
16.63%Core capital (leverage) ratio
6.42%Tier 1 risk-based capital ratio
9.34%Total risk-based capital ratio
Memoranda
$10Average assets
$271,214Average earning assets
$41,794Average equity
$226,354Average loans
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