Star Financial Bank, Columbia City, Indiana in Columbia City, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 15, 1997

  • Star Financial Bank, Columbia City, Indiana in Columbia City, Indiana (IN)
  • Show street view No street view available for this location

Star Financial Bank, Columbia City, Indiana - Overview

  • General
  • FDIC Certificate #: 5780
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: STAR Financial Bank (#27235)
    Federal Reserve ID: 124942
    Date Established: January 01, 1929
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Interstate: No)
    OTS Docket #: 12296
    FDIC's unique #: 3942
    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: November 15, 1997
    Last Structure Change Process Date: December 31, 1997
    Last Data Update: December 31, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 West Van Buren Street, Columbia City, IN 46725
    County: Whitley
    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: $248.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $96Total assets
  • $247,304Cash and due from depository institutions
  • $11,769Interest-bearing balances
  • $0Securities
  • $38,084Federal funds sold & reverse repurchase agreements
  • $12,485Net loans & leases
  • $172,642Loan loss allowance
  • $2,527Trading account assets
  • $0Bank premises and fixed assets
  • $3,605Other real estate owned
  • $1,017Goodwill and other intangibles
  • $7,702Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $247,304Total liabilities
  • $228,755Total deposits
  • $200,356Interest-bearing deposits
  • $174,334Deposits held in domestic offices
  • 200356.00%% insured (estimated)
  • $78Federal funds purchased & repurchase agreements
  • $23,694Trading liabilities
  • $0Other borrowed funds
  • $3,089Subordinated debt
  • $0All other liabilities
  • $1,616Total equity capital
  • $1,616Total bank equity capital
  • $18,549Perpetual preferred stock
  • $0Common stock
  • $1,850Surplus
  • $5,050Undivided profits
  • Memoranda
  • $11,649Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,162Income earned, not collected on loans
  • $1,807Earning assets
  • $223,211Long-term assets (5+ years)
  • $47,780Average Assets, year-to-date
  • $231,473Average Assets, quarterly
  • $240,647Volatile liabilities
  • $51,942Insider loans
  • $3,822FHLB advances
  • $0Loans and leases held for sale
  • $365Unused loan commitments
  • $31,643Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $18,445Total risk weighted assets
  • $179,071Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $18,271Total interest expense
  • $9,238Net interest income
  • $9,033Provision for loan and lease losses
  • $430Total noninterest income
  • $4,485Fiduciary activities
  • $0Service charges on deposit accounts
  • $769Trading account gains & fees
  • $0Additional noninterest income
  • $3,716Total noninterest expense
  • $9,406Salaries and employee benefits
  • $2,917Premises and equipment expense
  • $908Additional noninterest expense
  • $5,581Pre-tax net operating income
  • $3,682Securities gains (losses)
  • $0Applicable income taxes
  • $1,437Income before extraordinary items
  • $2,245Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,245Net charge-offs
  • $182Cash dividends
  • $1,401Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.68%Cost of funding earning assets
  • 4.39%Net interest margin
  • 4.29%Noninterest income to earning assets
  • 2.13%Noninterest expense to earning assets
  • 4.47%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 1.59%Return on equity (ROE)
  • 12.38%Retained earnings to average equity (YTD only)
  • 4.65%Net charge-offs to loans
  • 0.11%Credit loss provision to net charge-offs
  • 236.26%Efficiency ratio
  • 69,581Assets per employee
  • 2.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.41%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 217.47%Noncurrent assets plus other real estate owned to assets
  • 0.88%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 86.17%Net loans and leases to core deposits
  • 98.54%Equity capital to assets
  • 7.50%Core capital (leverage) ratio
  • 7.59%Tier 1 risk-based capital ratio
  • 10.30%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $231,473Average earning assets
  • $18,139Average equity
  • $210,608Average loans

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