Mutual Savings Bank in Franklin, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Mutual Savings Bank in Franklin, Indiana (IN)
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Mutual Savings Bank routing number info

Mutual Savings Bank - Overview

  • General
  • FDIC Certificate #: 27742
    Status: Active
    Federal Reserve ID: 841472
    Bank Holding Company (Regulatory Top Holder): Third Century Bancorp (RSSDID: 3252659, Location: Franklin, IN)
    Date Established: January 01, 1890
    WWW: http://www.mutualsavingsbank.net
    Trust Powers Granted: Yes
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 207
    FDIC's unique #: 40576
    Numeric code: 42
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 24, 1935
    Last Structure Change Effective Date: Febuary 25, 2008
    Last Structure Change Process Date: September 02, 2008
    Last Data Update: September 02, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 80 East Jefferson Street, Franklin, IN 46131
    County: Johnson
    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
    Metropolitan Statistical Area (MSA): Indianapolis, IN (#3480)
    Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294)
    Core Based Statistical Area (CBSA): Indianapolis-Carmel, IN (#26900)
    CBSA Metro Statistical Area: Indianapolis-Carmel, IN (#26900)
  • History of Changes
  • Name Change
    Office Purchased
  • Financial Summary
  • Total assets: $118.9 mil
    Equity capital: $14.1 mil
    Deposits held in domestic offices: $89.0 mil
    Return on assets (ROA): 0.24% ($0.3 mil)
    Quarterly return on assets: 0.16% ($0.2 mil)
    Return on Equity (ROE): 2.06% ($0.3 mil)
    Quarterly return on equity: 1.33% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.42% ($499.5 mil)
    Quarterly Pretax return on assets: 0.29% ($344.9 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, 2011)

  • Dollar figures in thousands
  • 43Total employees (full-time equivalent)
  • $118,917Total assets
  • $9,010Cash and due from depository institutions
  • $8,226Interest-bearing balances
  • $6,495Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $95,411Net loans & leases
  • $2,548Loan loss allowance
  • $0Trading account assets
  • $2,934Bank premises and fixed assets
  • $1,040Other real estate owned
  • $173Goodwill and other intangibles
  • $118,917Life insurance assets
  • $3,854All other assets
  • $104,794Total liabilities and capital
  • $88,973Total liabilities
  • $76,430Total deposits
  • $88,973Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,448Trading liabilities
  • $0Other borrowed funds
  • $373Subordinated debt
  • $14,123All other liabilities
  • $14,123Total equity capital
  • $14,123Total bank equity capital
  • $0Perpetual preferred stock
  • $7,900Common stock
  • $0Surplus
  • $6,223Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,397Income earned, not collected on loans
  • $0Earning assets
  • $364Long-term assets (5+ years)
  • $110,132Average Assets, year-to-date
  • $39,376Average Assets, quarterly
  • $119,289Volatile liabilities
  • $117,736Insider loans
  • $83,798FHLB advances
  • $116,453Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,443Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,512Restructured Loans and leases
  • $3,006Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,579Total interest income
  • $1,020Total interest expense
  • $4,559Net interest income
  • $103Provision for loan and lease losses
  • $623Total noninterest income
  • $52Fiduciary activities
  • $264Service charges on deposit accounts
  • $0Trading account gains & fees
  • $307Additional noninterest income
  • $4,573Total noninterest expense
  • $2,543Salaries and employee benefits
  • $478Premises and equipment expense
  • $1,552Additional noninterest expense
  • $506Pre-tax net operating income
  • $0Securities gains (losses)
  • $218Applicable income taxes
  • $288Income before extraordinary items
  • $0Extraordinary gains - net
  • $288Net income attributable to bank
  • $0Net charge-offs
  • $288Cash dividends
  • $1,042Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.08%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 4.15%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 4.16%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.42%Pretax return on assets
  • 2.06%Return on equity (ROE)
  • 2.06%Retained earnings to average equity (YTD only)
  • 1.09%Net charge-offs to loans
  • 9.88%Credit loss provision to net charge-offs
  • 0.58%Efficiency ratio
  • 88,016Assets per employee
  • 2.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.60%Loss allowance to noncurrent loans
  • 75.01%Noncurrent assets plus other real estate owned to assets
  • 3.73%Noncurrent loans to loans
  • 3.47%Net loans and leases to deposits
  • 107.24%Net loans and leases to core deposits
  • 108.09%Equity capital to assets
  • 11.88%Core capital (leverage) ratio
  • 10.68%Tier 1 risk-based capital ratio
  • 14.85%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $119,289Average earning assets
  • $13,979Average equity
  • $109,882Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $7,943Managed Assets
  • 1Number of Accounts
  • $7,943Personal trust and agency accounts
  • $5,813Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $278Corporate trust and agency accounts
  • $1,509Investment management agency accounts
  • $0Other fiduciary accounts
  • $343Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 193Number of Accounts
  • $0Personal trust and agency accounts
  • $278Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 6 Indiana Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    040576Mutual Savings Bank80 East Jefferson Street, Franklin, IN 46131January 01, 1890Full Service Brick and Mortar
    101263196Main Street Branch1124 North Main Street, Franklin, IN 46131Febuary 06, 1995Full Service Brick and Mortar
    102263197Trafalgar Branch2 Trafalgar Square, Trafalgar, IN 46181April 05, 1993Full Service Brick and Mortar
    103263198Methodist Home Branch1070 West Jefferson Street, Franklin, IN 46131December 23, 1996Full Service Brick and Mortar
    105360581Nineveh Branch7459 South Nineveh Road, Nineveh, IN 46164April 16, 2001Full Service Brick and Mortar
    107442506Edinburgh Branch206 S. Main Street, Edinburgh, IN 46124May 23, 2005Full Service Brick and Mortar

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