FDIC Certificate #: 13110 Status: Active Federal Reserve ID: 447342 Date Established: June 20, 1884 Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 9392 FDIC's unique #: 8292 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: Main And Center Streets, Bourbon, IN 46504 County: Marshall 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 Combined Statistical Area (CSA): South Bend-Elkhart-Mishawaka, IN-MI (#515) Core Based Statistical Area (CBSA): Plymouth, IN (#38500) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $81.3 mil Equity capital: $14.9 mil Deposits held in domestic offices: $63.4 mil Return on assets (ROA): 0.79% ($0.6 mil) Quarterly return on assets: 0.28% ($0.2 mil) Return on Equity (ROE): 4.15% ($0.6 mil) Quarterly return on equity: 1.47% ($0.2 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.10% ($894.0 mil) Quarterly Pretax return on assets: 0.24% ($195.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
11Total employees (full-time equivalent)
$81,269Total assets
$6,078Cash and due from depository institutions
$4,587Interest-bearing balances
$31,788Securities
$1,835Federal funds sold & reverse repurchase agreements
$39,491Net loans & leases
$809Loan loss allowance
$0Trading account assets
$287Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$81,269Life insurance assets
$1,790All other assets
$66,364Total liabilities and capital
$63,447Total liabilities
$56,555Total deposits
$63,447Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$2,917Subordinated debt
$14,905All other liabilities
$14,905Total equity capital
$14,905Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$2,600Surplus
$12,205Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$774Income earned, not collected on loans
$0Earning assets
$270Long-term assets (5+ years)
$77,701Average Assets, year-to-date
$27,730Average Assets, quarterly
$80,519Volatile liabilities
$80,388Insider loans
$39,228FHLB advances
$80,542Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$15,917Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$31Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,419Total interest income
$497Total interest expense
$2,922Net interest income
$0Provision for loan and lease losses
$111Total noninterest income
$0Fiduciary activities
$55Service charges on deposit accounts
$0Trading account gains & fees
$56Additional noninterest income
$2,149Total noninterest expense
$1,501Salaries and employee benefits
$110Premises and equipment expense
$538Additional noninterest expense
$884Pre-tax net operating income
$0Securities gains (losses)
$251Applicable income taxes
$633Income before extraordinary items
$0Extraordinary gains - net
$633Net income attributable to bank
$0Net charge-offs
$633Cash dividends
$17Sale, conversion, retirement of capital stock, net
$400Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.44%Yield on earning assets
0.64%Cost of funding earning assets
3.79%Net interest margin
0.14%Noninterest income to earning assets
2.79%Noninterest expense to earning assets
0.79%Net operating income to assets
0.79%Return on assets (ROA)
1.10%Pretax return on assets
4.15%Return on equity (ROE)
1.53%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
52.00%Efficiency ratio
70,854Assets per employee
7.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.19%Loss allowance to loans
2.01%Loss allowance to noncurrent loans
104.52%Noncurrent assets plus other real estate owned to assets
0.95%Noncurrent loans to loans
1.92%Net loans and leases to deposits
62.24%Net loans and leases to core deposits
65.58%Equity capital to assets
18.34%Core capital (leverage) ratio
19.76%Tier 1 risk-based capital ratio
40.58%Total risk-based capital ratio
Memoranda
$42Average assets
$80,519Average earning assets
$15,252Average equity
$77,082Average loans
List of branches
1 Indiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8292
The First State Bank, Bourbon, Indiana
Main And Center Streets, Bourbon, IN 46504
June 20, 1884
Full Service Brick and Mortar
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