Montgomery Savings, A Federal Savings Association - Overview
General
FDIC Certificate #: 29977 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:MainSource Bank - Crawfordsville (#30205) Federal Reserve ID: 632072 Date Established: January 01, 1888 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 4471 FDIC's unique #: 42811 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: Febuary 02, 1940 Last Structure Change Effective Date: January 02, 2002 Last Structure Change Process Date: January 09, 2002 Last Data Update: January 09, 2002 Data Source Date: April 05, 2012
Location
Address: 119 East 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: $150.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
44Total employees (full-time equivalent)
$150,528Total assets
$25,705Cash and due from depository institutions
$25,235Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$116,768Net loans & leases
$279Loan loss allowance
$0Trading account assets
$3,028Bank premises and fixed assets
$1,727Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,300All other assets
$150,528Total liabilities and capital
$134,676Total liabilities
$116,794Total deposits
$113,534Interest-bearing deposits
$116,794Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$16,607Other borrowed funds
$0Subordinated debt
$1,275All other liabilities
$15,852Total equity capital
$15,852Total bank equity capital
$15,852Perpetual preferred stock
$0Common stock
$17Surplus
$7,969Undivided profits
Memoranda
$7,866Noncurrent loans and leases
$4,398Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,094Earning assets
$0Long-term assets (5+ years)
$695Average Assets, year-to-date
$142,003Average Assets, quarterly
$0Volatile liabilities
$141,535Insider loans
$146,671FHLB advances
$61,093Loans and leases held for sale
$0Unused loan commitments
$16,607Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,398Total unused commitments
$700Restructured Loans and leases
$279Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$10,069Total interest income
$6,274Total interest expense
$3,795Net interest income
$160Provision for loan and lease losses
$352Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$352Additional noninterest income
$3,170Total noninterest expense
$1,875Salaries and employee benefits
$728Premises and equipment expense
$567Additional noninterest expense
$817Pre-tax net operating income
$1Securities gains (losses)
$322Applicable income taxes
$496Income before extraordinary items
$0Extraordinary gains - net
$496Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$107Sale, conversion, retirement of capital stock, net
$397Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.56%Yield on earning assets
4.71%Cost of funding earning assets
2.85%Net interest margin
0.26%Noninterest income to earning assets
2.38%Noninterest expense to earning assets
0.35%Net operating income to assets
0.35%Return on assets (ROA)
0.58%Pretax return on assets
3.12%Return on equity (ROE)
0.62%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
149.53%Credit loss provision to net charge-offs
9.13%Efficiency ratio
76,441Assets per employee
3.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
80.04%Loss allowance to loans
0.24%Loss allowance to noncurrent loans
13.32%Noncurrent assets plus other real estate owned to assets
1.86%Noncurrent loans to loans
1.79%Net loans and leases to deposits
99.98%Net loans and leases to core deposits
161.49%Equity capital to assets
10.53%Core capital (leverage) ratio
10.26%Tier 1 risk-based capital ratio
17.48%Total risk-based capital ratio
Memoranda
$17Average assets
$141,535Average earning assets
$15,899Average equity
$133,104Average loans
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