Anderson Community Bank in Anderson, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 1999

  • Anderson Community Bank in Anderson, Indiana (IN)
  • Show street view No street view available for this location

Anderson Community Bank - Overview

  • General
  • FDIC Certificate #: 33991
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Merchants Bank of Central Indiana, National Association (#8047)
    Federal Reserve ID: 2283393
    Date Established: March 08, 1995
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 14242
    FDIC's unique #: 55569
    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: March 08, 1995
    Last Structure Change Effective Date: April 23, 1999
    Last Structure Change Process Date: June 23, 1999
    Last Data Update: June 23, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 19 West 10th Street, Anderson, IN 46016
    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)
  • Financial Summary
  • Total assets: $83.2 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, 1998)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $77,984Total assets
  • $4,069Cash and due from depository institutions
  • $29Interest-bearing balances
  • $11,316Securities
  • $630Federal funds sold & reverse repurchase agreements
  • $59,896Net loans & leases
  • $806Loan loss allowance
  • $0Trading account assets
  • $1,182Bank premises and fixed assets
  • $0Other real estate owned
  • $15Goodwill and other intangibles
  • $0Life insurance assets
  • $876All other assets
  • $77,984Total liabilities and capital
  • $70,282Total liabilities
  • $69,683Total deposits
  • $55,547Interest-bearing deposits
  • $69,683Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $599All other liabilities
  • $7,702Total equity capital
  • $7,702Total bank equity capital
  • $7,702Perpetual preferred stock
  • $0Common stock
  • $598Surplus
  • $5,287Undivided profits
  • Memoranda
  • $1,817Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $443Average Assets, year-to-date
  • $71,871Average Assets, quarterly
  • $9,034Volatile liabilities
  • $70,521Insider loans
  • $76,849FHLB advances
  • $8,019Loans and leases held for sale
  • $4,280Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,251Total unused commitments
  • $0Restructured Loans and leases
  • $59,237Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $5,855Total interest income
  • $2,478Total interest expense
  • $3,377Net interest income
  • $148Provision for loan and lease losses
  • $251Total noninterest income
  • $0Fiduciary activities
  • $169Service charges on deposit accounts
  • $0Trading account gains & fees
  • $82Additional noninterest income
  • $1,748Total noninterest expense
  • $874Salaries and employee benefits
  • $282Premises and equipment expense
  • $592Additional noninterest expense
  • $1,732Pre-tax net operating income
  • $0Securities gains (losses)
  • $655Applicable income taxes
  • $1,077Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,077Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.93%Yield on earning assets
  • 3.78%Cost of funding earning assets
  • 5.15%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 2.67%Noninterest expense to earning assets
  • 1.53%Net operating income to assets
  • 1.53%Return on assets (ROA)
  • 2.46%Pretax return on assets
  • 15.30%Return on equity (ROE)
  • 15.30%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 47,822Assets per employee
  • 3.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 85.95%Net loans and leases to core deposits
  • 97.13%Equity capital to assets
  • 9.88%Core capital (leverage) ratio
  • 9.90%Tier 1 risk-based capital ratio
  • 12.92%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $70,521Average earning assets
  • $7,041Average equity
  • $65,530Average 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 Anderson Community 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.
Table of Contents