FDIC Certificate #: 10661 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Old National Bank (#3832) Federal Reserve ID: 533526 Date Established: July 18, 1916 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 15917 FDIC's unique #: 6838 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: August 17, 2000 Last Structure Change Process Date: September 14, 2000 Last Data Update: September 14, 2000 Data Source Date: April 05, 2012
Location
Address: 101 East Elm Street, Union City, OH 45390 County: Darke Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Columbus Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Combined Statistical Area (CSA): Dayton-Springfield-Greenville, OH (#212) Core Based Statistical Area (CBSA): Greenville, OH (#24820) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $89.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
35Total employees (full-time equivalent)
$87,251Total assets
$2,799Cash and due from depository institutions
$5Interest-bearing balances
$13,607Securities
$1,250Federal funds sold & reverse repurchase agreements
$67,360Net loans & leases
$1,273Loan loss allowance
$0Trading account assets
$1,080Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,155All other assets
$87,251Total liabilities and capital
$80,004Total liabilities
$75,535Total deposits
$69,664Interest-bearing deposits
$75,535Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,000Other borrowed funds
$0Subordinated debt
$469All other liabilities
$7,247Total equity capital
$7,247Total bank equity capital
$7,247Perpetual preferred stock
$0Common stock
$2,500Surplus
$2,500Undivided profits
Memoranda
$2,247Noncurrent loans and leases
$4,970Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$284Earning assets
$0Long-term assets (5+ years)
$627Average Assets, year-to-date
$82,222Average Assets, quarterly
$23,501Volatile liabilities
$89,010Insider loans
$87,572FHLB advances
$11,705Loans and leases held for sale
$2,550Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,970Total unused commitments
$48Restructured Loans and leases
$760Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$6,684Total interest income
$3,039Total interest expense
$3,645Net interest income
$120Provision for loan and lease losses
$406Total noninterest income
$0Fiduciary activities
$279Service charges on deposit accounts
$0Trading account gains & fees
$127Additional noninterest income
$2,099Total noninterest expense
$1,096Salaries and employee benefits
$318Premises and equipment expense
$685Additional noninterest expense
$1,832Pre-tax net operating income
$12Securities gains (losses)
$603Applicable income taxes
$1,241Income before extraordinary items
$0Extraordinary gains - net
$1,241Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$82Sale, conversion, retirement of capital stock, net
$3,383Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.97%Yield on earning assets
3.62%Cost of funding earning assets
4.34%Net interest margin
0.48%Noninterest income to earning assets
2.50%Noninterest expense to earning assets
1.39%Net operating income to assets
1.39%Return on assets (ROA)
2.07%Pretax return on assets
14.35%Return on equity (ROE)
-24.76%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
146.34%Credit loss provision to net charge-offs
23.80%Efficiency ratio
51,814Assets per employee
2.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
272.60%Loss allowance to loans
1.85%Loss allowance to noncurrent loans
448.24%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.41%Net loans and leases to deposits
89.18%Net loans and leases to core deposits
99.31%Equity capital to assets
8.31%Core capital (leverage) ratio
8.44%Tier 1 risk-based capital ratio
12.34%Total risk-based capital ratio
Memoranda
$14Average assets
$89,010Average earning assets
$8,650Average equity
$83,893Average loans
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