Symphony Bank in city_name, state_name - Detailed Financial Reports, Location

Symphony Bank in Indianapolis, Indiana (IN)
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Symphony Bank - Overview

General
FDIC Certificate #: 57932
Status: Inactive
Closing history: Absorption - Without Assistance
Acquiring institution: Merchants Bank of Indiana (#8056)
Federal Reserve ID: 3349429
Date Established: June 29, 2005
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 431779
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: June 29, 2005
Last Structure Change Effective Date: January 01, 2009
Last Structure Change Process Date: January 16, 2009
Last Data Update: January 16, 2009
Data Source Date: April 05, 2012
Location
Address: 3737 East 96th Street, Indianapolis, IN 46240
County: Marion
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): Indianapolis, IN (#3480)
Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294)
Core Based Statistical Area (CBSA): Indianapolis-Carmel, IN (#26900)
CBSA Metro Statistical Area: Indianapolis-Carmel, IN (#26900)
Financial Summary
Total assets: $55.0 mil

2000 - 2011 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, 2008)

Dollar figures in thousands
18Total employees (full-time equivalent)
$55,030Total assets
$1,127Cash and due from depository institutions
$0Interest-bearing balances
$6,555Securities
$0Federal funds sold & reverse repurchase agreements
$42,524Net loans & leases
$1,686Loan loss allowance
$0Trading account assets
$4,214Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$610All other assets
$55,030Total liabilities and capital
$49,855Total liabilities
$47,544Total deposits
$39,276Interest-bearing deposits
$47,544Deposits held in domestic offices
0.00%% insured (estimated)
$27Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,000Other borrowed funds
$0Subordinated debt
$284All other liabilities
$5,175Total equity capital
$5,175Total bank equity capital
$5,175Perpetual preferred stock
$0Common stock
$1,500Surplus
$12,960Undivided profits
Memoranda
$-9,285Noncurrent loans and leases
$6,219Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,594Earning assets
$0Long-term assets (5+ years)
$181Average Assets, year-to-date
$49,079Average Assets, quarterly
$11,428Volatile liabilities
$51,906Insider loans
$55,859FHLB advances
$15,954Loans and leases held for sale
$2,541Unused loan commitments
$2,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,219Total unused commitments
$0Restructured Loans and leases
$681Derivatives

Income and Expense (December 31, 2008)

Dollar figures in thousands
$2,572Total interest income
$1,363Total interest expense
$1,209Net interest income
$932Provision for loan and lease losses
$54Total noninterest income
$0Fiduciary activities
$15Service charges on deposit accounts
$0Trading account gains & fees
$39Additional noninterest income
$3,226Total noninterest expense
$1,586Salaries and employee benefits
$445Premises and equipment expense
$1,195Additional noninterest expense
-$2,895Pre-tax net operating income
$5Securities gains (losses)
$0Applicable income taxes
-$2,890Income before extraordinary items
$0Extraordinary gains - net
-$2,890Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$46Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2008)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.58%Yield on earning assets
2.96%Cost of funding earning assets
2.62%Net interest margin
0.12%Noninterest income to earning assets
7.00%Noninterest expense to earning assets
-5.58%Net operating income to assets
-5.57%Return on assets (ROA)
-5.57%Pretax return on assets
-43.35%Return on equity (ROE)
-43.35%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
2026.09%Credit loss provision to net charge-offs
-42.67%Efficiency ratio
255,424Assets per employee
3.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.81%Loss allowance to noncurrent loans
65.00%Noncurrent assets plus other real estate owned to assets
4.71%Noncurrent loans to loans
5.87%Net loans and leases to deposits
89.44%Net loans and leases to core deposits
134.50%Equity capital to assets
9.40%Core capital (leverage) ratio
8.88%Tier 1 risk-based capital ratio
9.65%Total risk-based capital ratio
Memoranda
$11Average assets
$51,906Average earning assets
$6,667Average equity
$46,084Average loans

Symphony Bank in Indianapolis, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Symphony Bank - Overview

Assets and Liabilities (December 31, 2008)

Income and Expense (December 31, 2008)

Performance and Condition Ratios (December 31, 2008)

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Symphony Bank in Indianapolis, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

Symphony Bank - Overview

Assets and Liabilities (December 31, 2008)

Income and Expense (December 31, 2008)

Performance and Condition Ratios (December 31, 2008)

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

Symphony Bank in Indianapolis, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches