The La Porte Savings Bank in La Porte, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • The La Porte Savings Bank in La Porte, Indiana (IN)
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The La Porte Savings Bank routing number info

The La Porte Savings Bank - Overview

  • General
  • FDIC Certificate #: 9538
    Status: Active
    Federal Reserve ID: 155245
    Date Established: January 01, 1871
    WWW: http://www.thelpsb.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 10005
    FDIC's unique #: 6133
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: October 13, 2007
    Last Structure Change Process Date: November 19, 2007
    Last Data Update: November 19, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 710 Indiana Ave, La Porte, IN 46350
    County: La Porte
    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): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Michigan City-La Porte, IN (#33140)
    CBSA Metro Statistical Area: Michigan City-La Porte, IN (#33140)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
    Change in Entity Type
    Change in Location
  • Financial Summary
  • Total assets: $475.9 mil
    Equity capital: $56.1 mil
    Deposits held in domestic offices: $335.6 mil
    Return on assets (ROA): 0.76% ($3.6 mil)
    Quarterly return on assets: 0.74% ($3.5 mil)
    Return on Equity (ROE): 6.45% ($3.6 mil)
    Quarterly return on equity: 6.30% ($3.5 mil)
    Net income: $3.5 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 0.96% ($4,568.5 mil)
    Quarterly Pretax return on assets: 0.91% ($4,330.5 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
  • 109Total employees (full-time equivalent)
  • $475,883Total assets
  • $6,777Cash and due from depository institutions
  • $2,024Interest-bearing balances
  • $131,974Securities
  • $1,156Federal funds sold & reverse repurchase agreements
  • $298,302Net loans & leases
  • $3,772Loan loss allowance
  • $0Trading account assets
  • $9,304Bank premises and fixed assets
  • $1,012Other real estate owned
  • $9,253Goodwill and other intangibles
  • $475,883Life insurance assets
  • $18,105All other assets
  • $419,812Total liabilities and capital
  • $335,621Total liabilities
  • $296,316Total deposits
  • $335,621Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $78,417Trading liabilities
  • $0Other borrowed funds
  • $5,774Subordinated debt
  • $56,071All other liabilities
  • $56,071Total equity capital
  • $56,071Total bank equity capital
  • $0Perpetual preferred stock
  • $23,743Common stock
  • $3,316Surplus
  • $29,012Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,049Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,364Income earned, not collected on loans
  • $0Earning assets
  • $1,515Long-term assets (5+ years)
  • $433,456Average Assets, year-to-date
  • $146,447Average Assets, quarterly
  • $460,871Volatile liabilities
  • $480,077Insider loans
  • $328,012FHLB advances
  • $461,780Loans and leases held for sale
  • $10,876Unused loan commitments
  • $10,876Tier 1 (core) risk-based capital
  • $44,973Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $28,826Restructured Loans and leases
  • $804Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,390Total interest income
  • $5,591Total interest expense
  • $13,799Net interest income
  • $1,137Provision for loan and lease losses
  • $2,020Total noninterest income
  • $0Fiduciary activities
  • $789Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,231Additional noninterest income
  • $10,903Total noninterest expense
  • $6,513Salaries and employee benefits
  • $2,053Premises and equipment expense
  • $2,337Additional noninterest expense
  • $3,779Pre-tax net operating income
  • $627Securities gains (losses)
  • $882Applicable income taxes
  • $3,524Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,524Net income attributable to bank
  • $0Net charge-offs
  • $3,524Cash dividends
  • $1,308Sale, conversion, retirement of capital stock, net
  • $2,265Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.64%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 3.30%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 2.61%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 0.76%Return on assets (ROA)
  • 0.96%Pretax return on assets
  • 6.45%Return on equity (ROE)
  • 2.30%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 86.93%Credit loss provision to net charge-offs
  • 3.76%Efficiency ratio
  • 67,653Assets per employee
  • 4.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 64.27%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 59.27%Noncurrent assets plus other real estate owned to assets
  • 1.55%Noncurrent loans to loans
  • 2.11%Net loans and leases to deposits
  • 88.88%Net loans and leases to core deposits
  • 94.59%Equity capital to assets
  • 11.78%Core capital (leverage) ratio
  • 9.74%Tier 1 risk-based capital ratio
  • 13.71%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $460,871Average earning assets
  • $54,634Average equity
  • $417,634Average loans

Total Fiduciary and Related Assets (December 31, 2009)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $7,373Managed Assets
  • 1Number of Accounts
  • $7,052Personal trust and agency accounts
  • $6,071Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $436Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $545Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 120Number of Accounts
  • $0Personal trust and agency accounts
  • $436Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $321Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $67Fiduciary accounts held in foreign offices

List of branches

  • 8 Indiana Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    06133The La Porte Savings Bank710 Indiana Ave, La Porte, IN 46350January 01, 1871Full Service Brick and Mortar
    1220340Coolspring Banking Center BranchJohnson Road And Cr 400 N, Michigan City, IN 46360August 11, 1987Full Service Brick and Mortar
    2220341Eastside Branch301 Boyd Boulevard, Laporte, IN 46350July 14, 1997Full Service Brick and Mortar
    3220342Westside Branch1222 State Road 2 West, La Porte, IN 46350January 17, 2000Full Service Brick and Mortar
    440683Michican City Branch2000 Franklin Street, Michigan City, IN 46360January 01, 1885Full Service Brick and Mortar
    5263743East Michigan Street Branch101 E Michigan Street, Rolling Prairie, IN 46371October 23, 1995Full Service Brick and Mortar
    6464863Indian Boundary Branch851 Indian Boundary Road, Chesterton, IN 46304Febuary 16, 2004Full Service Brick and Mortar
    7477828Westville Branch1 Parkman Drive, Westville, IN 46391June 16, 2008Full Service Brick and Mortar

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