American Trust & Savings Bank in Whiting, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2010

  • American Trust & Savings Bank in Whiting, Indiana (IN)
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American Trust & Savings Bank - Overview

  • General
  • FDIC Certificate #: 13099
    Status: Inactive
    Federal Reserve ID: 814748
    Date Established: August 19, 1920
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 15416
    FDIC's unique #: 8285
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 29, 2010
    Last Data Update: June 29, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1321 - 119th Street, Whiting, IN 46394
    County: Lake
    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): Gary, IN (#2960)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Gary, IN (#23844)
  • History of Changes
  • Other Liquidations and Closings
  • Financial Summary
  • Total assets: $118.8 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, 2009)

  • Dollar figures in thousands
  • 55Total employees (full-time equivalent)
  • $119,082Total assets
  • $7,444Cash and due from depository institutions
  • $283Interest-bearing balances
  • $33,625Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $70,083Net loans & leases
  • $1,665Loan loss allowance
  • $0Trading account assets
  • $1,363Bank premises and fixed assets
  • $537Other real estate owned
  • $679Goodwill and other intangibles
  • $3,436Life insurance assets
  • $5,351All other assets
  • $119,082Total liabilities and capital
  • $109,440Total liabilities
  • $99,512Total deposits
  • $89,319Interest-bearing deposits
  • $99,512Deposits held in domestic offices
  • 79.24%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $8,761Other borrowed funds
  • $0Subordinated debt
  • $1,167All other liabilities
  • $9,642Total equity capital
  • $9,642Total bank equity capital
  • $9,642Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $3,254Undivided profits
  • Memoranda
  • $6,138Noncurrent loans and leases
  • $3,062Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,458Earning assets
  • $0Long-term assets (5+ years)
  • $416Average Assets, year-to-date
  • $103,991Average Assets, quarterly
  • $56,403Volatile liabilities
  • $129,476Insider loans
  • $120,806FHLB advances
  • $10,907Loans and leases held for sale
  • $207Unused loan commitments
  • $8,761Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,062Total unused commitments
  • $0Restructured Loans and leases
  • $828Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $5,735Total interest income
  • $1,897Total interest expense
  • $3,838Net interest income
  • $1,721Provision for loan and lease losses
  • $1,290Total noninterest income
  • $0Fiduciary activities
  • $141Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,149Additional noninterest income
  • $5,295Total noninterest expense
  • $2,404Salaries and employee benefits
  • $968Premises and equipment expense
  • $1,923Additional noninterest expense
  • -$1,888Pre-tax net operating income
  • $232Securities gains (losses)
  • $45Applicable income taxes
  • -$1,701Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,701Net income attributable to bank
  • $0Net charge-offs
  • -$1,701Cash dividends
  • $855Sale, conversion, retirement of capital stock, net
  • $42Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.86%Yield on earning assets
  • 1.61%Cost of funding earning assets
  • 3.25%Net interest margin
  • 1.09%Noninterest income to earning assets
  • 4.49%Noninterest expense to earning assets
  • -1.49%Net operating income to assets
  • -1.31%Return on assets (ROA)
  • -1.28%Pretax return on assets
  • -16.18%Return on equity (ROE)
  • -16.58%Retained earnings to average equity (YTD only)
  • 1.07%Net charge-offs to loans
  • 201.29%Credit loss provision to net charge-offs
  • -0.20%Efficiency ratio
  • 103,257Assets per employee
  • 2.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -2.47%Loss allowance to loans
  • 2.32%Loss allowance to noncurrent loans
  • 37.35%Noncurrent assets plus other real estate owned to assets
  • 4.19%Noncurrent loans to loans
  • 6.21%Net loans and leases to deposits
  • 70.43%Net loans and leases to core deposits
  • 79.10%Equity capital to assets
  • 8.10%Core capital (leverage) ratio
  • 6.70%Tier 1 risk-based capital ratio
  • 12.38%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $129,476Average earning assets
  • $10,514Average equity
  • $117,945Average 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
  • $4Managed Assets
  • 1Number of Accounts
  • $4Personal trust and agency accounts
  • $4Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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