River Valley Financial Bank in Madison, Indiana (IN), KY
Overview, Financial Summary, Detailed Financial Reports, Branches


  • River Valley Financial Bank in Madison, Indiana (IN), KY
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River Valley Financial Bank - Overview

  • General
  • FDIC Certificate #: 28565
    Status: Active
    Federal Reserve ID: 322177
    Date Established: January 01, 1875
    WWW: http://www.rvfbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 9 (Domestic: 9, Interstate: Yes)
    OTS Docket #: 1856
    FDIC's unique #: 41399
    Numeric code: 37
    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: Commercial Lending Specialization
    Date of Deposit Insurance: June 16, 1950
    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: 403 Clifty Drive, Madison, IN 47250
    County: Jefferson
    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
    Core Based Statistical Area (CBSA): Madison, IN (#31500)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $406.8 mil
    Equity capital: $39.4 mil
    Deposits held in domestic offices: $305.7 mil
    Return on assets (ROA): 0.52% ($2.1 mil)
    Quarterly return on assets: 0.61% ($2.5 mil)
    Return on Equity (ROE): 5.28% ($2.1 mil)
    Quarterly return on equity: 6.22% ($2.4 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.60% ($2,441.0 mil)
    Quarterly Pretax return on assets: 0.74% ($3,010.6 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
  • 92Total employees (full-time equivalent)
  • $406,835Total assets
  • $16,808Cash and due from depository institutions
  • $14,927Interest-bearing balances
  • $105,029Securities
  • $1,905Federal funds sold & reverse repurchase agreements
  • $252,743Net loans & leases
  • $2,566Loan loss allowance
  • $0Trading account assets
  • $7,825Bank premises and fixed assets
  • $2,488Other real estate owned
  • $1,008Goodwill and other intangibles
  • $406,835Life insurance assets
  • $19,029All other assets
  • $367,468Total liabilities and capital
  • $305,679Total liabilities
  • $280,654Total deposits
  • $305,679Interest-bearing deposits
  • $74Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $58,000Trading liabilities
  • $0Other borrowed funds
  • $3,789Subordinated debt
  • $39,367All other liabilities
  • $39,367Total equity capital
  • $39,367Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $15,443Surplus
  • $23,924Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,974Income earned, not collected on loans
  • $0Earning assets
  • $1,995Long-term assets (5+ years)
  • $374,604Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $396,323Volatile liabilities
  • $404,320Insider loans
  • $272,556FHLB advances
  • $404,917Loans and leases held for sale
  • $9,855Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $37,449Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $42,173Restructured Loans and leases
  • $2,344Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $17,971Total interest income
  • $5,728Total interest expense
  • $12,243Net interest income
  • $2,717Provision for loan and lease losses
  • $2,546Total noninterest income
  • $0Fiduciary activities
  • $146Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,400Additional noninterest income
  • $9,994Total noninterest expense
  • $5,683Salaries and employee benefits
  • $1,535Premises and equipment expense
  • $2,776Additional noninterest expense
  • $2,078Pre-tax net operating income
  • $312Securities gains (losses)
  • $328Applicable income taxes
  • $2,062Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,062Net income attributable to bank
  • $0Net charge-offs
  • $2,062Cash dividends
  • $2,796Sale, conversion, retirement of capital stock, net
  • $2,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.93%Yield on earning assets
  • 1.57%Cost of funding earning assets
  • 3.36%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 0.45%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.60%Pretax return on assets
  • 5.28%Return on equity (ROE)
  • 0.16%Retained earnings to average equity (YTD only)
  • 1.07%Net charge-offs to loans
  • 97.17%Credit loss provision to net charge-offs
  • 1.71%Efficiency ratio
  • 67,057Assets per employee
  • 4.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 96.99%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 28.59%Noncurrent assets plus other real estate owned to assets
  • 2.82%Noncurrent loans to loans
  • 3.51%Net loans and leases to deposits
  • 82.68%Net loans and leases to core deposits
  • 86.18%Equity capital to assets
  • 9.68%Core capital (leverage) ratio
  • 9.25%Tier 1 risk-based capital ratio
  • 13.74%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $396,323Average earning assets
  • $39,023Average equity
  • $364,600Average 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
  • $26,083Managed Assets
  • 1Number of Accounts
  • $21,055Personal trust and agency accounts
  • $11,154Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,524Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $6,649Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $728Non-managed Assets
  • 65Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $5,028Other retirement accounts
  • $147Corporate trust and agency accounts
  • $2,604Other fiduciary accounts
  • $2,184Fiduciary accounts held in foreign offices

List of branches

  • 8 Indiana Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    041399River Valley Financial Bank403 Clifty Drive, Madison, IN 47250January 01, 1875Full Service Brick and Mortar
    104256898Wal-Mart Banking Center Branch567 Ivy Tech Drive, Madison, IN 47250January 25, 1995Full Service Brick and Mortar
    105256899Hanover Banking Center Branch10 Medical Plaza Drive, Hanover, IN 47243May 23, 1995Full Service Brick and Mortar
    107419127Charlestown Branch1025 State Road 62, Charlestown, IN 47111April 14, 2003Full Service Brick and Mortar
    109463658Sellersburg Branch8005 Highway 311, Sellersburg, IN 47172August 15, 2005Full Service Brick and Mortar
    110463659Downtown Branch233 East Main Street, Madison, IN 47250June 30, 1998Full Service Brick and Mortar
    111491896Floyds Knobs Branch3660 Paoli Pike, Floyds Knobs, IN 47119June 01, 2008Full Service Brick and Mortar
    112430569New Albany Branch2675 Charlestown Rd, New Albany, IN 47150September 29, 2003Full Service Brick and Mortar
  • 1 Kentucky Branch as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    108428100Carrollton Branch1501 Highland Avenue, Carrollton, KY 41008March 08, 2004Full Service Brick and Mortar

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