Star Bank, National Association, Indiana in Richmond, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 14, 1996

  • Star Bank, National Association, Indiana in Richmond, Indiana (IN)
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Star Bank, National Association, Indiana - Overview

  • General
  • FDIC Certificate #: 4374
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: U.S. Bank National Association (#6548)
    Federal Reserve ID: 912840
    Date Established: June 15, 1872
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 19 (Interstate: No)
    FDIC's unique #: 2879
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 14, 1996
    Last Structure Change Process Date: July 24, 1996
    Last Data Update: July 24, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 8th And Promenade, Richmond, IN 47374
    County: Wayne
    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): Richmond, IN (#39980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $414.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $154Total assets
  • $436,141Cash and due from depository institutions
  • $28,397Interest-bearing balances
  • $0Securities
  • $67,268Federal funds sold & reverse repurchase agreements
  • $18,616Net loans & leases
  • $310,326Loan loss allowance
  • $4,684Trading account assets
  • $0Bank premises and fixed assets
  • $3,941Other real estate owned
  • $198Goodwill and other intangibles
  • $7,178Life insurance assets
  • $217All other assets
  • $0Total liabilities and capital
  • $436,141Total liabilities
  • $406,650Total deposits
  • $386,623Interest-bearing deposits
  • $335,885Deposits held in domestic offices
  • 386623.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $12,575Trading liabilities
  • $0Other borrowed funds
  • $978Subordinated debt
  • $0All other liabilities
  • $6,474Total equity capital
  • $6,474Total bank equity capital
  • $29,491Perpetual preferred stock
  • $0Common stock
  • $10,000Surplus
  • $5,027Undivided profits
  • Memoranda
  • $14,464Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,130Income earned, not collected on loans
  • $2,226Earning assets
  • $396,210Long-term assets (5+ years)
  • $114,511Average Assets, year-to-date
  • $453,848Average Assets, quarterly
  • $442,051Volatile liabilities
  • $31,361Insider loans
  • $2,600FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $27,558Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $29,724Total risk weighted assets
  • $299,759Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $33,351Total interest expense
  • $14,447Net interest income
  • $18,904Provision for loan and lease losses
  • $0Total noninterest income
  • $4,004Fiduciary activities
  • $1,626Service charges on deposit accounts
  • $1,720Trading account gains & fees
  • $0Additional noninterest income
  • $658Total noninterest expense
  • $10,690Salaries and employee benefits
  • $3,620Premises and equipment expense
  • $1,179Additional noninterest expense
  • $5,891Pre-tax net operating income
  • $12,218Securities gains (losses)
  • $18Applicable income taxes
  • $4,732Income before extraordinary items
  • $7,504Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,504Net charge-offs
  • -$46Cash dividends
  • $21,950Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.01%Cost of funding earning assets
  • 3.47%Net interest margin
  • 4.54%Noninterest income to earning assets
  • 0.96%Noninterest expense to earning assets
  • 2.57%Net operating income to assets
  • 1.65%Return on assets (ROA)
  • 1.65%Pretax return on assets
  • 2.70%Return on equity (ROE)
  • 21.20%Retained earnings to average equity (YTD only)
  • -40.80%Net charge-offs to loans
  • -0.01%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 46,442Assets per employee
  • 2.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 292.51%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 113.41%Noncurrent assets plus other real estate owned to assets
  • 0.99%Noncurrent loans to loans
  • 1.31%Net loans and leases to deposits
  • 80.27%Net loans and leases to core deposits
  • 84.14%Equity capital to assets
  • 6.76%Core capital (leverage) ratio
  • 6.77%Tier 1 risk-based capital ratio
  • 9.92%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $453,848Average earning assets
  • $35,403Average equity
  • $416,228Average loans

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