United Communities National Bank in Winchester, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 2007

  • United Communities National Bank in Winchester, Indiana (IN)
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United Communities National Bank - Overview

  • General
  • FDIC Certificate #: 15620
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Merchants Bank National Association (#4365)
    Federal Reserve ID: 816144
    Date Established: May 05, 1865
    WWW: http://www.firstmerchants.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    OTS Docket #: 15353
    FDIC's unique #: 9901
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: September 24, 1938
    Last Structure Change Effective Date: April 01, 2007
    Last Structure Change Process Date: April 25, 2007
    Last Data Update: April 25, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 122-124 West Washington Street, Winchester, IN 47394
    County: Randolph
    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
  • Financial Summary
  • Total assets: $325.4 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, 2006)

  • Dollar figures in thousands
  • 84Total employees (full-time equivalent)
  • $331,305Total assets
  • $11,714Cash and due from depository institutions
  • $864Interest-bearing balances
  • $36,888Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $266,767Net loans & leases
  • $2,522Loan loss allowance
  • $0Trading account assets
  • $4,821Bank premises and fixed assets
  • $280Other real estate owned
  • $0Goodwill and other intangibles
  • $4,737Life insurance assets
  • $10,835All other assets
  • $331,306Total liabilities and capital
  • $306,154Total liabilities
  • $248,251Total deposits
  • $219,329Interest-bearing deposits
  • $248,251Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $16,064Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $40,000Other borrowed funds
  • $0Subordinated debt
  • $1,839All other liabilities
  • $25,152Total equity capital
  • $25,152Total bank equity capital
  • $25,152Perpetual preferred stock
  • $0Common stock
  • $1,100Surplus
  • $4,879Undivided profits
  • Memoranda
  • $19,173Noncurrent loans and leases
  • $25,510Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,826Earning assets
  • $0Long-term assets (5+ years)
  • $2,926Average Assets, year-to-date
  • $304,519Average Assets, quarterly
  • $44,338Volatile liabilities
  • $313,548Insider loans
  • $323,229FHLB advances
  • $104,788Loans and leases held for sale
  • $4,781Unused loan commitments
  • $40,000Tier 1 (core) risk-based capital
  • $5,564Tier 2 risk-based capital
  • $2,223Total risk weighted assets
  • $25,510Total unused commitments
  • $36Restructured Loans and leases
  • $2,522Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $20,464Total interest income
  • $8,336Total interest expense
  • $12,128Net interest income
  • $660Provision for loan and lease losses
  • $2,890Total noninterest income
  • $0Fiduciary activities
  • $1,416Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,474Additional noninterest income
  • $7,493Total noninterest expense
  • $3,592Salaries and employee benefits
  • $567Premises and equipment expense
  • $3,334Additional noninterest expense
  • $6,865Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,283Applicable income taxes
  • $4,582Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,582Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $485Sale, conversion, retirement of capital stock, net
  • $3,171Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.03%Yield on earning assets
  • 2.86%Cost of funding earning assets
  • 4.16%Net interest margin
  • 0.99%Noninterest income to earning assets
  • 2.57%Noninterest expense to earning assets
  • 1.46%Net operating income to assets
  • 1.46%Return on assets (ROA)
  • 2.19%Pretax return on assets
  • 18.88%Return on equity (ROE)
  • 5.81%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 136.08%Credit loss provision to net charge-offs
  • 15.52%Efficiency ratio
  • 49,893Assets per employee
  • 3.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.21%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 138.12%Noncurrent assets plus other real estate owned to assets
  • 0.64%Noncurrent loans to loans
  • 0.68%Net loans and leases to deposits
  • 107.46%Net loans and leases to core deposits
  • 153.73%Equity capital to assets
  • 7.59%Core capital (leverage) ratio
  • 7.91%Tier 1 risk-based capital ratio
  • 10.19%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $313,548Average earning assets
  • $24,273Average equity
  • $291,282Average loans

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