FDIC Certificate #: 4396 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:German American Bancorp (#17393) Federal Reserve ID: 94045 Date Established: Febuary 21, 1908 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) FDIC's unique #: 2897 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: October 01, 2000 Last Structure Change Process Date: October 05, 2000 Last Data Update: October 05, 2000 Data Source Date: April 05, 2012
Location
Address: 405 North Meridian Street, Holland, IN 47541 County: Dubois 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): Jasper, IN (#27540) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $60.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
24Total employees (full-time equivalent)
$64,000Total assets
$9,002Cash and due from depository institutions
$6,958Interest-bearing balances
$2,633Securities
$2,625Federal funds sold & reverse repurchase agreements
$47,084Net loans & leases
$233Loan loss allowance
$0Trading account assets
$1,252Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,404All other assets
$64,000Total liabilities and capital
$57,811Total liabilities
$53,172Total deposits
$45,679Interest-bearing deposits
$53,172Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,000Other borrowed funds
$0Subordinated debt
$639All other liabilities
$6,189Total equity capital
$6,189Total bank equity capital
$6,189Perpetual preferred stock
$0Common stock
$450Surplus
$800Undivided profits
Memoranda
$4,939Noncurrent loans and leases
$3,736Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$39Earning assets
$0Long-term assets (5+ years)
$284Average Assets, year-to-date
$59,300Average Assets, quarterly
$12,193Volatile liabilities
$60,207Insider loans
$63,225FHLB advances
$6,958Loans and leases held for sale
$613Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,736Total unused commitments
$0Restructured Loans and leases
$233Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$4,207Total interest income
$1,991Total interest expense
$2,216Net interest income
$31Provision for loan and lease losses
$367Total noninterest income
$0Fiduciary activities
$184Service charges on deposit accounts
$0Trading account gains & fees
$183Additional noninterest income
$1,754Total noninterest expense
$822Salaries and employee benefits
$394Premises and equipment expense
$538Additional noninterest expense
$798Pre-tax net operating income
$0Securities gains (losses)
$266Applicable income taxes
$532Income before extraordinary items
$0Extraordinary gains - net
$532Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$35Sale, conversion, retirement of capital stock, net
$216Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.49%Yield on earning assets
3.55%Cost of funding earning assets
3.95%Net interest margin
0.65%Noninterest income to earning assets
3.12%Noninterest expense to earning assets
0.88%Net operating income to assets
0.88%Return on assets (ROA)
1.33%Pretax return on assets
8.78%Return on equity (ROE)
5.21%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
91.18%Credit loss provision to net charge-offs
23.69%Efficiency ratio
67,906Assets per employee
2.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.60%Loss allowance to loans
0.49%Loss allowance to noncurrent loans
597.44%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.08%Net loans and leases to deposits
88.55%Net loans and leases to core deposits
101.35%Equity capital to assets
9.67%Core capital (leverage) ratio
9.82%Tier 1 risk-based capital ratio
15.41%Total risk-based capital ratio
Memoranda
$16Average assets
$60,207Average earning assets
$6,060Average equity
$56,148Average loans
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