The Merchants National Bank of Terre Haute in Terre Haute, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 09, 1999

  • The Merchants National Bank of Terre Haute in Terre Haute, Indiana (IN)
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The Merchants National Bank of Terre Haute - Overview

  • General
  • FDIC Certificate #: 12849
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Old National Bank (#4393)
    Federal Reserve ID: 996448
    Date Established: January 01, 1906
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 16 (Interstate: No)
    OTS Docket #: 13822
    FDIC's unique #: 8134
    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: September 09, 1999
    Last Structure Change Process Date: November 03, 1999
    Last Data Update: November 03, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 701 Wabash Avenue, Terre Haute, IN 47808
    County: Vigo
    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): Terre Haute, IN (#8320)
    Core Based Statistical Area (CBSA): Terre Haute, IN (#45460)
    CBSA Metro Statistical Area: Terre Haute, IN (#45460)
  • Financial Summary
  • Total assets: $727.9 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, 1998)

  • Dollar figures in thousands
  • 230Total employees (full-time equivalent)
  • $657,128Total assets
  • $14,908Cash and due from depository institutions
  • $0Interest-bearing balances
  • $116,120Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $486,988Net loans & leases
  • $5,339Loan loss allowance
  • $0Trading account assets
  • $8,755Bank premises and fixed assets
  • $493Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $29,864All other assets
  • $657,128Total liabilities and capital
  • $602,027Total liabilities
  • $500,036Total deposits
  • $430,032Interest-bearing deposits
  • $500,036Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $45,509Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $49,605Other borrowed funds
  • $0Subordinated debt
  • $6,877All other liabilities
  • $55,101Total equity capital
  • $55,101Total bank equity capital
  • $55,101Perpetual preferred stock
  • $0Common stock
  • $9,555Surplus
  • $10,205Undivided profits
  • Memoranda
  • $35,341Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,291Earning assets
  • $0Long-term assets (5+ years)
  • $2,978Average Assets, year-to-date
  • $603,108Average Assets, quarterly
  • $178,463Volatile liabilities
  • $619,669Insider loans
  • $644,270FHLB advances
  • $157,786Loans and leases held for sale
  • $12,061Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $132,978Total unused commitments
  • $0Restructured Loans and leases
  • $454,343Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $46,848Total interest income
  • $21,560Total interest expense
  • $25,288Net interest income
  • $840Provision for loan and lease losses
  • $6,098Total noninterest income
  • $890Fiduciary activities
  • $1,837Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,371Additional noninterest income
  • $15,974Total noninterest expense
  • $8,294Salaries and employee benefits
  • $1,661Premises and equipment expense
  • $6,019Additional noninterest expense
  • $14,572Pre-tax net operating income
  • $0Securities gains (losses)
  • $5,553Applicable income taxes
  • $9,019Income before extraordinary items
  • $0Extraordinary gains - net
  • $9,019Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,254Sale, conversion, retirement of capital stock, net
  • $10,177Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.19%Yield on earning assets
  • 3.77%Cost of funding earning assets
  • 4.42%Net interest margin
  • 1.07%Noninterest income to earning assets
  • 2.79%Noninterest expense to earning assets
  • 1.46%Net operating income to assets
  • 1.46%Return on assets (ROA)
  • 2.35%Pretax return on assets
  • 16.61%Return on equity (ROE)
  • -2.13%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 66.99%Credit loss provision to net charge-offs
  • 12.29%Efficiency ratio
  • 50,895Assets per employee
  • 2.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 112.84%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 162.23%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 97.39%Net loans and leases to core deposits
  • 117.68%Equity capital to assets
  • 8.39%Core capital (leverage) ratio
  • 8.42%Tier 1 risk-based capital ratio
  • 11.81%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $619,669Average earning assets
  • $54,310Average equity
  • $571,741Average loans

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