Security Bank & Trust Co. in city_name, state_name - Detailed Financial Reports, Location

Security Bank & Trust Co. in Vincennes, Indiana (IN)
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Security Bank & Trust Co. - Overview

General
FDIC Certificate #: 15571
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Old National Bank (#4393)
Federal Reserve ID: 801346
Date Established: January 03, 1938
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
OTS Docket #: 13542
FDIC's unique #: 9861
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 03, 1938
Last Structure Change Effective Date: October 07, 1999
Last Structure Change Process Date: November 03, 1999
Last Data Update: November 03, 1999
Data Source Date: April 05, 2012
Location
Address: 20 North Third Street, Vincennes, IN 47591
County: Knox
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): Vincennes, IN (#47180)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $175.0 mil

1992 - 1999 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, 1998)

Dollar figures in thousands
65Total employees (full-time equivalent)
$181,032Total assets
$5,194Cash and due from depository institutions
$770Interest-bearing balances
$64,014Securities
$1,075Federal funds sold & reverse repurchase agreements
$104,886Net loans & leases
$1,654Loan loss allowance
$0Trading account assets
$1,621Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,242All other assets
$181,032Total liabilities and capital
$165,209Total liabilities
$144,935Total deposits
$131,720Interest-bearing deposits
$144,935Deposits held in domestic offices
0.00%% insured (estimated)
$2,073Federal funds purchased & repurchase agreements
$0Trading liabilities
$16,000Other borrowed funds
$0Subordinated debt
$2,201All other liabilities
$15,823Total equity capital
$15,823Total bank equity capital
$15,823Perpetual preferred stock
$0Common stock
$1,400Surplus
$4,800Undivided profits
Memoranda
$9,623Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$138Earning assets
$0Long-term assets (5+ years)
$1,065Average Assets, year-to-date
$170,745Average Assets, quarterly
$79,535Volatile liabilities
$178,002Insider loans
$179,614FHLB advances
$18,955Loans and leases held for sale
$804Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$20,094Total unused commitments
$0Restructured Loans and leases
$112,215Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$13,234Total interest income
$6,465Total interest expense
$6,769Net interest income
-$345Provision for loan and lease losses
$1,007Total noninterest income
$224Fiduciary activities
$519Service charges on deposit accounts
$0Trading account gains & fees
$264Additional noninterest income
$4,332Total noninterest expense
$2,237Salaries and employee benefits
$491Premises and equipment expense
$1,604Additional noninterest expense
$3,789Pre-tax net operating income
$6Securities gains (losses)
$1,264Applicable income taxes
$2,531Income before extraordinary items
$0Extraordinary gains - net
$2,531Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$422Sale, conversion, retirement of capital stock, net
$3,180Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.85%Yield on earning assets
3.83%Cost of funding earning assets
4.01%Net interest margin
0.60%Noninterest income to earning assets
2.57%Noninterest expense to earning assets
1.42%Net operating income to assets
1.42%Return on assets (ROA)
2.13%Pretax return on assets
15.97%Return on equity (ROE)
-4.09%Retained earnings to average equity (YTD only)
-0.40%Net charge-offs to loans
81.75%Credit loss provision to net charge-offs
0.00%Efficiency ratio
55,710Assets per employee
2.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
125.64%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
1198.55%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.13%Net loans and leases to deposits
72.37%Net loans and leases to core deposits
81.91%Equity capital to assets
8.74%Core capital (leverage) ratio
8.17%Tier 1 risk-based capital ratio
13.41%Total risk-based capital ratio
Memoranda
$15Average assets
$178,002Average earning assets
$15,852Average equity
$168,676Average loans

Security Bank & Trust Co. in Vincennes, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Security Bank & Trust Co. - Overview

Assets and Liabilities (December 31, 1998)

Income and Expense (December 31, 1998)

Performance and Condition Ratios (December 31, 1998)

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

Security Bank & Trust Co. in Vincennes, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

Security Bank & Trust Co. - Overview

Assets and Liabilities (December 31, 1998)

Income and Expense (December 31, 1998)

Performance and Condition Ratios (December 31, 1998)

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

Security Bank & Trust Co. in Vincennes, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches