Bedford Federal Savings Bank in Bedford, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Bedford Federal Savings Bank in Bedford, Indiana (IN)
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Bedford Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29024
    Status: Active
    Federal Reserve ID: 946274
    Date Established: July 01, 1934
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 2781
    FDIC's unique #: 41858
    Numeric code: 34
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: October 25, 1934
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1030 15th Street, Bedford, IN 47421
    County: Lawrence
    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
    Core Based Statistical Area (CBSA): Bedford, IN (#13260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $119.9 mil
    Equity capital: $10.1 mil
    Deposits held in domestic offices: $104.5 mil
    Return on assets (ROA): 0.34% ($0.4 mil)
    Quarterly return on assets: 0.47% ($0.6 mil)
    Return on Equity (ROE): 4.31% ($0.4 mil)
    Quarterly return on equity: 5.79% ($0.6 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.51% ($611.4 mil)
    Quarterly Pretax return on assets: 0.72% ($863.1 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, 2011)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $119,879Total assets
  • $6,974Cash and due from depository institutions
  • $6,311Interest-bearing balances
  • $1,813Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $101,743Net loans & leases
  • $582Loan loss allowance
  • $0Trading account assets
  • $2,263Bank premises and fixed assets
  • $1,691Other real estate owned
  • $0Goodwill and other intangibles
  • $119,879Life insurance assets
  • $5,395All other assets
  • $109,783Total liabilities and capital
  • $104,531Total liabilities
  • $96,494Total deposits
  • $104,531Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $252Subordinated debt
  • $10,096All other liabilities
  • $10,096Total equity capital
  • $10,096Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $10,096Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $980Income earned, not collected on loans
  • $0Earning assets
  • $409Long-term assets (5+ years)
  • $109,867Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $123,680Volatile liabilities
  • $122,388Insider loans
  • $78,895FHLB advances
  • $119,696Loans and leases held for sale
  • $3,231Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,913Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,646Restructured Loans and leases
  • $580Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,984Total interest income
  • $1,821Total interest expense
  • $4,163Net interest income
  • $60Provision for loan and lease losses
  • $555Total noninterest income
  • $0Fiduciary activities
  • $45Service charges on deposit accounts
  • $0Trading account gains & fees
  • $510Additional noninterest income
  • $4,033Total noninterest expense
  • $2,267Salaries and employee benefits
  • $886Premises and equipment expense
  • $880Additional noninterest expense
  • $625Pre-tax net operating income
  • $0Securities gains (losses)
  • $199Applicable income taxes
  • $426Income before extraordinary items
  • $0Extraordinary gains - net
  • $426Net income attributable to bank
  • $0Net charge-offs
  • $426Cash dividends
  • $38Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.27%Yield on earning assets
  • 1.60%Cost of funding earning assets
  • 3.67%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 3.55%Noninterest expense to earning assets
  • 0.34%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 4.31%Return on equity (ROE)
  • 4.31%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 157.89%Credit loss provision to net charge-offs
  • 18.03%Efficiency ratio
  • 85,481Assets per employee
  • 4.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.57%Loss allowance to noncurrent loans
  • 59.39%Noncurrent assets plus other real estate owned to assets
  • 2.23%Noncurrent loans to loans
  • 0.96%Net loans and leases to deposits
  • 97.33%Net loans and leases to core deposits
  • 102.70%Equity capital to assets
  • 8.42%Core capital (leverage) ratio
  • 8.28%Tier 1 risk-based capital ratio
  • 12.56%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $123,680Average earning assets
  • $9,880Average equity
  • $113,480Average loans

List of branches

  • 2 Indiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041858Bedford Federal Savings Bank1030 15th Street, Bedford, IN 47421July 01, 1934Full Service Brick and Mortar
    1518078John Williams Boulevard Branch2955 John Williams Blvd, Bedford, IN 47421October 01, 2009Full Service Brick and Mortar

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