Union Federal Savings Bank of Frankton in Frankton, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 29, 1994

  • Union Federal Savings Bank of Frankton in Frankton, Indiana (IN)
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Union Federal Savings Bank of Frankton - Overview

  • General
  • FDIC Certificate #: 32613
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Union Federal Bank of Indianapolis (#32614)
    Federal Reserve ID: 1356722
    Date Established: September 23, 1988
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8528
    FDIC's unique #: 45447
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: September 23, 1988
    Last Structure Change Effective Date: July 29, 1994
    Last Structure Change Process Date: November 14, 1994
    Last Data Update: November 21, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 204 Sigler Street, Frankton, IN 46044
    County: Madison
    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): Indianapolis, IN (#3480)
    Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294)
    Core Based Statistical Area (CBSA): Anderson, IN (#11300)
    CBSA Metro Statistical Area: Anderson, IN (#11300)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $42.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $7Total assets
  • $42,631Cash and due from depository institutions
  • $3,777Interest-bearing balances
  • $1,579Securities
  • $12,827Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $24,775Loan loss allowance
  • $126Trading account assets
  • $0Bank premises and fixed assets
  • $130Other real estate owned
  • $71Goodwill and other intangibles
  • $1,051Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $42,631Total liabilities
  • $39,532Total deposits
  • $27,246Interest-bearing deposits
  • $27,246Deposits held in domestic offices
  • 27246.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $11,980Subordinated debt
  • $0All other liabilities
  • $306Total equity capital
  • $306Total bank equity capital
  • $3,099Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $1,000Undivided profits
  • Memoranda
  • $2,098Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15Income earned, not collected on loans
  • $100Earning assets
  • $39,181Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $47,489Average Assets, quarterly
  • $44,467Volatile liabilities
  • $13,687Insider loans
  • $0FHLB advances
  • $11,980Loans and leases held for sale
  • $0Unused loan commitments
  • $231Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,419Total risk weighted assets
  • $20,961Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,138Total interest expense
  • $2,107Net interest income
  • $1,031Provision for loan and lease losses
  • $127Total noninterest income
  • $456Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $456Total noninterest expense
  • $699Salaries and employee benefits
  • $363Premises and equipment expense
  • $106Additional noninterest expense
  • $230Pre-tax net operating income
  • $661Securities gains (losses)
  • $0Applicable income taxes
  • $279Income before extraordinary items
  • $382Extraordinary gains - net
  • $0Net income attributable to bank
  • $382Net charge-offs
  • $217Cash dividends
  • $600Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.00%Cost of funding earning assets
  • 4.70%Net interest margin
  • 2.30%Noninterest income to earning assets
  • 1.02%Noninterest expense to earning assets
  • 1.56%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 0.80%Pretax return on assets
  • 1.39%Return on equity (ROE)
  • 11.70%Retained earnings to average equity (YTD only)
  • -6.68%Net charge-offs to loans
  • 0.93%Credit loss provision to net charge-offs
  • 58.53%Efficiency ratio
  • 47,007Assets per employee
  • 6.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 157.07%Loss allowance to loans
  • 0.51%Loss allowance to noncurrent loans
  • 840.00%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 90.93%Net loans and leases to core deposits
  • 97.01%Equity capital to assets
  • 7.27%Core capital (leverage) ratio
  • 8.02%Tier 1 risk-based capital ratio
  • 16.31%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $47,489Average earning assets
  • $3,264Average equity
  • $44,831Average loans

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