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

Community State Bank - Overview

  • General
  • FDIC Certificate #: 14883
    Status: Active
    Federal Reserve ID: 502746
    Bank Holding Company (Regulatory Top Holder): Community Financial Corp. (RSSDID: 1139738, Location: Avilla, IN)
    Date Established: Febuary 19, 1931
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 13002
    FDIC's unique #: 9319
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 20, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 802 East Albion Street, Avilla, IN 46710
    County: Noble
    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
    Combined Statistical Area (CSA): Fort Wayne-Huntington-Auburn, IN (#258)
    Core Based Statistical Area (CBSA): Kendallville, IN (#28340)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $184.0 mil
    Equity capital: $16.9 mil
    Deposits held in domestic offices: $153.3 mil
    Return on assets (ROA): 0.53% ($1.0 mil)
    Quarterly return on assets: 0.21% ($0.4 mil)
    Return on Equity (ROE): 5.80% ($1.0 mil)
    Quarterly return on equity: 2.32% ($0.4 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.65% ($1,196.0 mil)
    Quarterly Pretax return on assets: 0.04% ($73.6 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
  • 53Total employees (full-time equivalent)
  • $184,003Total assets
  • $3,603Cash and due from depository institutions
  • $1,899Interest-bearing balances
  • $45,352Securities
  • $340Federal funds sold & reverse repurchase agreements
  • $124,294Net loans & leases
  • $2,346Loan loss allowance
  • $0Trading account assets
  • $4,235Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $184,003Life insurance assets
  • $6,179All other assets
  • $167,077Total liabilities and capital
  • $153,309Total liabilities
  • $135,733Total deposits
  • $153,309Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $12,983Trading liabilities
  • $0Other borrowed funds
  • $785Subordinated debt
  • $16,926All other liabilities
  • $16,926Total equity capital
  • $16,926Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $2,250Surplus
  • $14,576Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,458Income earned, not collected on loans
  • $0Earning assets
  • $709Long-term assets (5+ years)
  • $171,885Average Assets, year-to-date
  • $115,896Average Assets, quarterly
  • $179,303Volatile liabilities
  • $183,413Insider loans
  • $117,453FHLB advances
  • $184,404Loans and leases held for sale
  • $3,100Unused loan commitments
  • $1,989Tier 1 (core) risk-based capital
  • $16,306Tier 2 risk-based capital
  • $615Total risk weighted assets
  • $496Total unused commitments
  • $21,651Restructured Loans and leases
  • $431Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,012Total interest income
  • $2,055Total interest expense
  • $6,957Net interest income
  • $900Provision for loan and lease losses
  • $1,370Total noninterest income
  • $1Fiduciary activities
  • $564Service charges on deposit accounts
  • $0Trading account gains & fees
  • $805Additional noninterest income
  • $6,302Total noninterest expense
  • $3,622Salaries and employee benefits
  • $773Premises and equipment expense
  • $1,907Additional noninterest expense
  • $1,125Pre-tax net operating income
  • $36Securities gains (losses)
  • $212Applicable income taxes
  • $949Income before extraordinary items
  • $0Extraordinary gains - net
  • $949Net income attributable to bank
  • $0Net charge-offs
  • $949Cash dividends
  • $349Sale, conversion, retirement of capital stock, net
  • $144Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.37%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 4.15%Net interest margin
  • 0.82%Noninterest income to earning assets
  • 3.76%Noninterest expense to earning assets
  • 0.51%Net operating income to assets
  • 0.53%Return on assets (ROA)
  • 0.65%Pretax return on assets
  • 5.80%Return on equity (ROE)
  • 4.92%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 257.88%Credit loss provision to net charge-offs
  • 5.80%Efficiency ratio
  • 75,682Assets per employee
  • 3.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.17%Loss allowance to loans
  • 1.85%Loss allowance to noncurrent loans
  • 160.91%Noncurrent assets plus other real estate owned to assets
  • 0.79%Noncurrent loans to loans
  • 1.15%Net loans and leases to deposits
  • 81.07%Net loans and leases to core deposits
  • 84.92%Equity capital to assets
  • 9.20%Core capital (leverage) ratio
  • 8.84%Tier 1 risk-based capital ratio
  • 13.88%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $179,303Average earning assets
  • $16,365Average equity
  • $167,678Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,806Managed Assets
  • 1Number of Accounts
  • $616Personal trust and agency accounts
  • $616Employee 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
  • 22Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,190Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,189Fiduciary accounts held in foreign offices

List of branches

  • 5 Indiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09319Community State Bank802 East Albion Street, Avilla, IN 46710Febuary 19, 1931Full Service Brick and Mortar
    1232372506 East North Branch506 East North Street, Kendallville, IN 46755June 24, 1991Full Service Brick and Mortar
    2232373Wolf Lake Branch4134 West County Road, 100 South, Wolf Lake, IN 46796March 07, 1994Full Service Brick and Mortar
    3232374115 South Main Street Branch115 South Main Street, Albion, IN 46701August 25, 1995Full Service Brick and Mortar
    5478780Auburn Branch708 W 7th Street, Auburn, IN 46706January 04, 2008Full Service Brick and Mortar

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