Mid-Southern Savings Bank, FSB in city_name, state_name - Detailed Financial Reports, Location

Mid-Southern Savings Bank, FSB in Salem, Indiana (IN)
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Mid-Southern Savings Bank, FSB - Overview

General
FDIC Certificate #: 30133
Status: Active
Federal Reserve ID: 857875
Date Established: January 01, 1891
WWW: http://www.mid-southern.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 4817
FDIC's unique #: 42967
Numeric code: 33
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: Consumer Lending Specialization
Date of Deposit Insurance: Febuary 06, 1941
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: 300 N Water Street, Salem, IN 47167
County: Washington
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): 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)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $217.3 mil
Equity capital: $21.4 mil
Deposits held in domestic offices: $195.3 mil
Return on assets (ROA): 0.82% ($1.8 mil)
Quarterly return on assets: 0.83% ($1.8 mil)
Return on Equity (ROE): 8.30% ($1.7 mil)
Quarterly return on equity: 8.44% ($1.8 mil)
Net income: $1.7 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.30% ($2,825.1 mil)
Quarterly Pretax return on assets: 1.32% ($2,868.5 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
37Total employees (full-time equivalent)
$217,313Total assets
$31,949Cash and due from depository institutions
$30,723Interest-bearing balances
$17,693Securities
$0Federal funds sold & reverse repurchase agreements
$160,082Net loans & leases
$575Loan loss allowance
$0Trading account assets
$2,779Bank premises and fixed assets
$1,800Other real estate owned
$0Goodwill and other intangibles
$217,316Life insurance assets
$3,010All other assets
$195,958Total liabilities and capital
$195,313Total liabilities
$185,941Total deposits
$195,313Interest-bearing deposits
$83Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$645Subordinated debt
$21,358All other liabilities
$21,358Total equity capital
$21,358Total bank equity capital
$0Perpetual preferred stock
$1,470Common stock
$3,487Surplus
$16,401Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,838Income earned, not collected on loans
$0Earning assets
$998Long-term assets (5+ years)
$208,498Average Assets, year-to-date
$0Average Assets, quarterly
$209,138Volatile liabilities
$215,923Insider loans
$130,154FHLB advances
$217,158Loans and leases held for sale
$206Unused loan commitments
$0Tier 1 (core) risk-based capital
$21,203Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$14,513Restructured Loans and leases
$1,645Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,896Total interest income
$2,637Total interest expense
$6,259Net interest income
$95Provision for loan and lease losses
$624Total noninterest income
$0Fiduciary activities
$90Service charges on deposit accounts
$0Trading account gains & fees
$534Additional noninterest income
$4,076Total noninterest expense
$2,353Salaries and employee benefits
$900Premises and equipment expense
$823Additional noninterest expense
$2,712Pre-tax net operating income
$0Securities gains (losses)
$1,004Applicable income taxes
$1,708Income before extraordinary items
$0Extraordinary gains - net
$1,708Net income attributable to bank
$0Net charge-offs
$1,708Cash dividends
$171Sale, conversion, retirement of capital stock, net
$361Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.44%Yield on earning assets
1.32%Cost of funding earning assets
3.12%Net interest margin
0.31%Noninterest income to earning assets
2.03%Noninterest expense to earning assets
0.82%Net operating income to assets
0.82%Return on assets (ROA)
1.30%Pretax return on assets
8.30%Return on equity (ROE)
6.54%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
55.56%Credit loss provision to net charge-offs
16.42%Efficiency ratio
59,218Assets per employee
5.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
21.14%Loss allowance to loans
0.36%Loss allowance to noncurrent loans
14.98%Noncurrent assets plus other real estate owned to assets
2.59%Noncurrent loans to loans
2.39%Net loans and leases to deposits
81.96%Net loans and leases to core deposits
90.25%Equity capital to assets
9.83%Core capital (leverage) ratio
9.76%Tier 1 risk-based capital ratio
16.29%Total risk-based capital ratio
Memoranda
$17Average assets
$209,138Average earning assets
$20,581Average equity
$200,448Average loans

List of branches

3 Indiana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	42967	Mid-Southern Savings Bank, Fsb	300 N Water Street, Salem, IN 47167	January 01, 1891	Full Service Brick and Mortar
1	446924	Orleans Branch	870 South Maple, Orleans, IN 47452	December 01, 2000	Full Service Brick and Mortar
2	495979	W Main St Branch	1505 W Main St, Mitchell, IN 47446	January 16, 2007	Full Service Brick and Mortar

Mid-Southern Savings Bank, FSB in Salem, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mid-Southern Savings Bank, FSB - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Mid-Southern Savings Bank, FSB in Salem, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

Mid-Southern Savings Bank, FSB - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Mid-Southern Savings Bank, FSB in Salem, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches