Ossian State Bank in city_name, state_name - Detailed Financial Reports, Location

Ossian State Bank in Ossian, Indiana (IN)
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Ossian State Bank routing number info

Ossian State Bank - Overview

General
FDIC Certificate #: 1837
Status: Active
Federal Reserve ID: 948643
Bank Holding Company (Regulatory Top Holder): Ossian Financial Services, Inc. (RSSDID: 1138375, Location: Ossian, IN)
Date Established: October 19, 1912
WWW: http://www.ossianstatebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 1223
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: 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: January 01, 1934
Last Structure Change Effective Date: January 02, 2008
Last Structure Change Process Date: January 14, 2008
Last Data Update: January 14, 2008
Data Source Date: April 05, 2012
Location
Address: 102 North Jefferson Street, Ossian, IN 46777
County: Wells
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): Fort Wayne, IN (#2760)
Combined Statistical Area (CSA): Fort Wayne-Huntington-Auburn, IN (#258)
Core Based Statistical Area (CBSA): Fort Wayne, IN (#23060)
CBSA Metro Statistical Area: Fort Wayne, IN (#23060)
Financial Summary
Total assets: $84.3 mil
Equity capital: $9.0 mil
Deposits held in domestic offices: $73.2 mil
Return on assets (ROA): 0.74% ($0.6 mil)
Quarterly return on assets: 0.47% ($0.4 mil)
Return on Equity (ROE): 7.08% ($0.6 mil)
Quarterly return on equity: 4.47% ($0.4 mil)
Net income: $0.6 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.97% ($817.8 mil)
Quarterly Pretax return on assets: 0.72% ($607.1 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
24Total employees (full-time equivalent)
$84,314Total assets
$10,339Cash and due from depository institutions
$9,701Interest-bearing balances
$16,841Securities
$0Federal funds sold & reverse repurchase agreements
$51,937Net loans & leases
$1,107Loan loss allowance
$0Trading account assets
$1,464Bank premises and fixed assets
$0Other real estate owned
$61Goodwill and other intangibles
$84,314Life insurance assets
$3,672All other assets
$75,339Total liabilities and capital
$73,235Total liabilities
$59,268Total deposits
$73,235Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,207Trading liabilities
$0Other borrowed funds
$897Subordinated debt
$8,975All other liabilities
$8,975Total equity capital
$8,975Total bank equity capital
$0Perpetual preferred stock
$538Common stock
$4,862Surplus
$3,575Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$416Long-term assets (5+ years)
$78,479Average Assets, year-to-date
$12,501Average Assets, quarterly
$83,348Volatile liabilities
$84,492Insider loans
$56,495FHLB advances
$83,623Loans and leases held for sale
$1,389Unused loan commitments
$1,389Tier 1 (core) risk-based capital
$8,250Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,844Restructured Loans and leases
$1,127Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,438Total interest income
$588Total interest expense
$2,850Net interest income
$20Provision for loan and lease losses
$395Total noninterest income
$1Fiduciary activities
$153Service charges on deposit accounts
$0Trading account gains & fees
$241Additional noninterest income
$2,427Total noninterest expense
$1,294Salaries and employee benefits
$350Premises and equipment expense
$783Additional noninterest expense
$798Pre-tax net operating income
$9Securities gains (losses)
$191Applicable income taxes
$616Income before extraordinary items
$0Extraordinary gains - net
$616Net income attributable to bank
$0Net charge-offs
$616Cash dividends
-$22Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.44%Yield on earning assets
0.76%Cost of funding earning assets
3.68%Net interest margin
0.51%Noninterest income to earning assets
3.14%Noninterest expense to earning assets
0.73%Net operating income to assets
0.74%Return on assets (ROA)
0.97%Pretax return on assets
7.08%Return on equity (ROE)
7.08%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
-90.91%Credit loss provision to net charge-offs
0.00%Efficiency ratio
74,792Assets per employee
3.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.09%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
70.92%Net loans and leases to core deposits
72.52%Equity capital to assets
10.64%Core capital (leverage) ratio
9.87%Tier 1 risk-based capital ratio
14.60%Total risk-based capital ratio
Memoranda
$16Average assets
$83,348Average earning assets
$8,697Average equity
$77,387Average 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
$56Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
8Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$56Other retirement accounts
$56Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

2 Indiana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	1223	Ossian State Bank	102 North Jefferson Street, Ossian, IN 46777	October 19, 1912	Full Service Brick and Mortar
1	190208	Bluffton Branch	111 East Oak Forest Drive, Bluffton, IN 46714	October 26, 1998	Full Service Brick and Mortar

Ossian State Bank in Ossian, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Ossian State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

Ossian State Bank in Ossian, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

Ossian State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

Ossian State Bank in Ossian, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches