City Savings Bank in Hartford City, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1997

City Savings Bank in Hartford City, Indiana (IN)
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City Savings Bank - Overview

General
FDIC Certificate #: 29886
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Pacesetter Bank (#19340)
Federal Reserve ID: 970
Date Established: January 01, 1919
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 4262
FDIC's unique #: 42720
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: January 05, 1935
Last Structure Change Effective Date: October 01, 1997
Last Structure Change Process Date: November 17, 1997
Last Data Update: November 17, 1997
Data Source Date: April 05, 2012
Location
Address: 121 North High Street, Hartford City, IN 47348
County: Blackford
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: $36.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$19Total assets
$36,511Cash and due from depository institutions
$1,238Interest-bearing balances
$223Securities
$5,571Federal funds sold & reverse repurchase agreements
$376Net loans & leases
$28,520Loan loss allowance
$83Trading account assets
$0Bank premises and fixed assets
$462Other real estate owned
$0Goodwill and other intangibles
$344Life insurance assets
$0All other assets
$0Total liabilities and capital
$36,511Total liabilities
$33,082Total deposits
$31,027Interest-bearing deposits
$29,458Deposits held in domestic offices
31027.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,835Subordinated debt
$0All other liabilities
$220Total equity capital
$220Total bank equity capital
$3,429Perpetual preferred stock
$0Common stock
$30Surplus
$800Undivided profits
Memoranda
$2,599Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$158Income earned, not collected on loans
$122Earning assets
$34,690Long-term assets (5+ years)
$6,397Average Assets, year-to-date
$36,388Average Assets, quarterly
$36,649Volatile liabilities
$1,010Insider loans
$268FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,178Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,424Total risk weighted assets
$19,455Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$2,701Total interest expense
$1,322Net interest income
$1,379Provision for loan and lease losses
$24Total noninterest income
$166Fiduciary activities
$0Service charges on deposit accounts
$109Trading account gains & fees
$0Additional noninterest income
$57Total noninterest expense
$1,454Salaries and employee benefits
$515Premises and equipment expense
$210Additional noninterest expense
$729Pre-tax net operating income
$67Securities gains (losses)
$0Applicable income taxes
$13Income before extraordinary items
$54Extraordinary gains - net
$0Net income attributable to bank
$54Net charge-offs
$16Cash dividends
$80Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.85%Cost of funding earning assets
3.84%Net interest margin
4.01%Noninterest income to earning assets
0.48%Noninterest expense to earning assets
4.23%Net operating income to assets
0.15%Return on assets (ROA)
0.15%Pretax return on assets
0.18%Return on equity (ROE)
1.56%Retained earnings to average equity (YTD only)
-0.75%Net charge-offs to loans
0.06%Credit loss provision to net charge-offs
150.00%Efficiency ratio
94,110Assets per employee
1.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
148.15%Loss allowance to loans
0.29%Loss allowance to noncurrent loans
52.53%Noncurrent assets plus other real estate owned to assets
0.43%Noncurrent loans to loans
0.55%Net loans and leases to deposits
91.92%Net loans and leases to core deposits
95.01%Equity capital to assets
9.39%Core capital (leverage) ratio
9.30%Tier 1 risk-based capital ratio
17.60%Total risk-based capital ratio
Memoranda
$18Average assets
$36,388Average earning assets
$3,456Average equity
$34,399Average loans

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