FDIC Certificate #: 5784 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Heritage Community Bank (#9088) Federal Reserve ID: 947141 Date Established: April 05, 1892 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 3946 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: November 09, 2001 Last Structure Change Process Date: November 19, 2001 Last Data Update: November 19, 2001 Data Source Date: April 05, 2012
Location
Address: Main Street, Vevay, IN 47043 County: Switzerland 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: $58.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
21Total employees (full-time equivalent)
$59,544Total assets
$4,430Cash and due from depository institutions
$2,569Interest-bearing balances
$6,164Securities
$3,836Federal funds sold & reverse repurchase agreements
$40,498Net loans & leases
$647Loan loss allowance
$0Trading account assets
$376Bank premises and fixed assets
$0Other real estate owned
$2,727Goodwill and other intangibles
$0Life insurance assets
$1,513All other assets
$59,544Total liabilities and capital
$51,613Total liabilities
$50,323Total deposits
$44,089Interest-bearing deposits
$50,323Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,290All other liabilities
$7,931Total equity capital
$7,931Total bank equity capital
$7,931Perpetual preferred stock
$0Common stock
$776Surplus
$6,258Undivided profits
Memoranda
$897Noncurrent loans and leases
$2,543Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$60Earning assets
$0Long-term assets (5+ years)
$343Average Assets, year-to-date
$53,067Average Assets, quarterly
$6,006Volatile liabilities
$55,902Insider loans
$57,950FHLB advances
$6,545Loans and leases held for sale
$543Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,543Total unused commitments
$0Restructured Loans and leases
$477Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$4,183Total interest income
$1,841Total interest expense
$2,342Net interest income
$70Provision for loan and lease losses
$391Total noninterest income
$0Fiduciary activities
$219Service charges on deposit accounts
$0Trading account gains & fees
$172Additional noninterest income
$1,735Total noninterest expense
$856Salaries and employee benefits
$156Premises and equipment expense
$723Additional noninterest expense
$928Pre-tax net operating income
$0Securities gains (losses)
$366Applicable income taxes
$562Income before extraordinary items
$0Extraordinary gains - net
$562Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4Sale, conversion, retirement of capital stock, net
$345Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.49%Yield on earning assets
3.73%Cost of funding earning assets
4.75%Net interest margin
0.79%Noninterest income to earning assets
3.52%Noninterest expense to earning assets
1.01%Net operating income to assets
1.01%Return on assets (ROA)
1.66%Pretax return on assets
7.25%Return on equity (ROE)
2.80%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
1750.00%Credit loss provision to net charge-offs
249.50%Efficiency ratio
54,153Assets per employee
2.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.39%Loss allowance to loans
1.57%Loss allowance to noncurrent loans
1078.33%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.15%Net loans and leases to deposits
80.48%Net loans and leases to core deposits
92.51%Equity capital to assets
13.32%Core capital (leverage) ratio
9.62%Tier 1 risk-based capital ratio
13.68%Total risk-based capital ratio
Memoranda
$15Average assets
$55,902Average earning assets
$7,747Average equity
$49,297Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Vevay Deposit Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: