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

This bank is inactive as of November 15, 1997

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

Star Financial Bank, Marion - Overview

  • General
  • FDIC Certificate #: 5773
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: STAR Financial Bank (#27235)
    Federal Reserve ID: 716347
    Date Established: November 01, 1913
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 10269
    FDIC's unique #: 3937
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 02, 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: 315 South Adams Street, Marion, IN 46952
    County: Grant
    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): Marion, IN (#31980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $194.3 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)
  • $114Total assets
  • $197,130Cash and due from depository institutions
  • $19,398Interest-bearing balances
  • $4,068Securities
  • $57,487Federal funds sold & reverse repurchase agreements
  • $9,275Net loans & leases
  • $101,059Loan loss allowance
  • $1,522Trading account assets
  • $0Bank premises and fixed assets
  • $3,993Other real estate owned
  • $135Goodwill and other intangibles
  • $3,065Life insurance assets
  • $2,718All other assets
  • $0Total liabilities and capital
  • $197,130Total liabilities
  • $183,083Total deposits
  • $148,439Interest-bearing deposits
  • $117,846Deposits held in domestic offices
  • 148439.00%% insured (estimated)
  • $66Federal funds purchased & repurchase agreements
  • $30,428Trading liabilities
  • $0Other borrowed funds
  • $2,275Subordinated debt
  • $0All other liabilities
  • $1,941Total equity capital
  • $1,941Total bank equity capital
  • $14,047Perpetual preferred stock
  • $0Common stock
  • $1,250Surplus
  • $5,440Undivided profits
  • Memoranda
  • $7,357Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $307Income earned, not collected on loans
  • $672Earning assets
  • $171,889Long-term assets (5+ years)
  • $39,140Average Assets, year-to-date
  • $195,857Average Assets, quarterly
  • $196,254Volatile liabilities
  • $44,140Insider loans
  • $3,061FHLB advances
  • $0Loans and leases held for sale
  • $246Unused loan commitments
  • $10,336Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,331Total risk weighted assets
  • $104,335Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,575Total interest expense
  • $6,683Net interest income
  • $6,892Provision for loan and lease losses
  • $250Total noninterest income
  • $2,570Fiduciary activities
  • $0Service charges on deposit accounts
  • $663Trading account gains & fees
  • $0Additional noninterest income
  • $1,907Total noninterest expense
  • $7,506Salaries and employee benefits
  • $3,053Premises and equipment expense
  • $1,124Additional noninterest expense
  • $3,329Pre-tax net operating income
  • $1,706Securities gains (losses)
  • $0Applicable income taxes
  • $466Income before extraordinary items
  • $1,240Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,240Net charge-offs
  • $337Cash dividends
  • $299Sale, 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
  • 7.83%Cost of funding earning assets
  • 3.85%Net interest margin
  • 3.97%Noninterest income to earning assets
  • 1.48%Noninterest expense to earning assets
  • 4.33%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 0.87%Return on equity (ROE)
  • 9.18%Retained earnings to average equity (YTD only)
  • 6.97%Net charge-offs to loans
  • 0.33%Credit loss provision to net charge-offs
  • 74.18%Efficiency ratio
  • 76,104Assets per employee
  • 1.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.11%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 495.77%Noncurrent assets plus other real estate owned to assets
  • 0.22%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 68.08%Net loans and leases to core deposits
  • 73.76%Equity capital to assets
  • 7.13%Core capital (leverage) ratio
  • 5.89%Tier 1 risk-based capital ratio
  • 10.86%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $195,857Average earning assets
  • $13,507Average equity
  • $173,417Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Star Financial Bank, Marion.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents