Salin Bank in Camden, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 31, 1994

Salin Bank in Camden, Indiana (IN)
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Salin Bank - Overview

General
FDIC Certificate #: 12822
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Salin Bank and Trust Company (#9092)
Federal Reserve ID: 573540
Date Established: January 01, 1870
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Interstate: No)
OTS Docket #: 10085
FDIC's unique #: 8121
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: October 31, 1994
Last Structure Change Process Date: November 29, 1994
Last Data Update: November 29, 1994
Data Source Date: April 05, 2012
Location
Address: 156 Main Street, Camden, IN 46917
County: Carroll
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): Lafayette-Frankfort, IN (#320)
Core Based Statistical Area (CBSA): Lafayette, IN (#29140)
CBSA Metro Statistical Area: Lafayette, IN (#29140)
Financial Summary
Total assets: $88.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$53Total assets
$92,930Cash and due from depository institutions
$7,771Interest-bearing balances
$169Securities
$10,655Federal funds sold & reverse repurchase agreements
$5,300Net loans & leases
$65,397Loan loss allowance
$1,042Trading account assets
$0Bank premises and fixed assets
$2,111Other real estate owned
$60Goodwill and other intangibles
$1,636Life insurance assets
$0All other assets
$0Total liabilities and capital
$92,930Total liabilities
$85,935Total deposits
$85,540Interest-bearing deposits
$73,581Deposits held in domestic offices
85540.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$395Total equity capital
$395Total bank equity capital
$6,995Perpetual preferred stock
$1,270Common stock
$1,000Surplus
$2,600Undivided profits
Memoranda
$2,125Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$954Income earned, not collected on loans
$648Earning assets
$81,521Long-term assets (5+ years)
$5,674Average Assets, year-to-date
$91,041Average Assets, quarterly
$91,737Volatile liabilities
$5,756Insider loans
$677FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$10,178Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,995Total risk weighted assets
$66,587Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$6,735Total interest expense
$2,728Net interest income
$4,007Provision for loan and lease losses
$280Total noninterest income
$772Fiduciary activities
$0Service charges on deposit accounts
$317Trading account gains & fees
$0Additional noninterest income
$455Total noninterest expense
$3,105Salaries and employee benefits
$1,505Premises and equipment expense
$509Additional noninterest expense
$1,091Pre-tax net operating income
$1,394Securities gains (losses)
$0Applicable income taxes
$520Income before extraordinary items
$874Extraordinary gains - net
$0Net income attributable to bank
$874Net charge-offs
$100Cash dividends
$530Sale, conversion, retirement of capital stock, net
-$522Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.20%Cost of funding earning assets
3.32%Net interest margin
4.88%Noninterest income to earning assets
0.94%Noninterest expense to earning assets
3.78%Net operating income to assets
0.96%Return on assets (ROA)
0.96%Pretax return on assets
1.53%Return on equity (ROE)
12.34%Retained earnings to average equity (YTD only)
4.86%Net charge-offs to loans
0.15%Credit loss provision to net charge-offs
280.00%Efficiency ratio
64,972Assets per employee
1.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.64%Loss allowance to loans
1.57%Loss allowance to noncurrent loans
109.22%Noncurrent assets plus other real estate owned to assets
1.09%Noncurrent loans to loans
1.44%Net loans and leases to deposits
76.45%Net loans and leases to core deposits
81.97%Equity capital to assets
7.53%Core capital (leverage) ratio
7.63%Tier 1 risk-based capital ratio
10.51%Total risk-based capital ratio
Memoranda
$12Average assets
$91,041Average earning assets
$7,083Average equity
$82,095Average loans

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