Fidelity Federal Savings Bank in Marion, Indiana (IN)



Show street view No street view available for this location
Table of contents:
Fidelity Federal Savings Bank
GeneralFDIC Certificate #: 29667
Status: Inactive
Federal Reserve ID: 341673
Date Established: January 01, 1915
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 3855
FDIC's unique #: 42501
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: May 09, 1936
Last Structure Change Effective Date: September 16, 2005
Last Structure Change Process Date: September 22, 2005
Last Data Update: September 22, 2005
Data Source Date: April 05, 2012
LocationAddress: 116 West Fourth Street, Marion, IN 46952
County: Grant
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): Marion, IN (#31980)
CBSA Micro Statistical Area: Yes
History of ChangesOther Liquidations and Closings
Change in Insurance Status
Office Sold
Financial SummaryTotal assets: $107.7 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, 2004)
(Dollar figures in thousands)
Total employees (full-time equivalent)31
Total assets$109,792
Cash and due from depository institutions$3,341
Interest-bearing balances$425
Securities$12,838
Federal funds sold & reverse repurchase agreements$3,050
Net loans & leases$85,657
Loan loss allowance $1,642
Trading account assets$0
Bank premises and fixed assets$682
Other real estate owned$249
Goodwill and other intangibles$19
All other assets$3,956
Life insurance assets$843
Total liabilities and capital$109,792
Total liabilities$100,148
Total deposits$79,045
Interest-bearing deposits$73,509
Deposits held in domestic offices$79,045
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $20,500
Subordinated debt $0
All other liabilities $603
Total equity capital$9,644
Total bank equity capital$9,644
Perpetual preferred stock$9,644
Common stock$0
Surplus$6
Undivided profits $4,861
Memoranda
Noncurrent loans and leases $4,777
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $8,102
Income earned, not collected on loans $0
Earning assets $2,898
Long-term assets (5+ years) $0
Average Assets, year-to-date $477
Average Assets, quarterly $101,970
Volatile liabilities $0
Insider loans $117,439
FHLB advances $116,802
Loans and leases held for sale $47,197
Unused loan commitments $2,622
Tier 1 (core) risk-based capital $20,500
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $8,102
Restructured Loans and leases $0
Derivatives$864
Back to page top, Back to table top

Income and Expense (December 31, 2004)
(Dollar figures in thousands)
Total interest income $6,396
Total interest expense $3,009
Net interest income $3,387
Provision for loan and lease losses $1,306
Total noninterest income $537
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $537
Total noninterest expense $2,641
Salaries and employee benefits $1,313
Premises and equipment expense $735
Additional noninterest expense $593
Pre-tax net operating income -$23
Securities gains (losses) $1
Applicable income taxes -$39
Income before extraordinary items $17
Extraordinary gains - net $0
Net income attributable to bank $17
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $787
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2004)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.84%
Cost of funding earning assets 2.75%
Net interest margin 3.09%
Noninterest income to earning assets 0.49%
Noninterest expense to earning assets 2.41%
Net operating income to assets 0.01%
Return on assets (ROA) 0.01%
Pretax return on assets -0.02%
Return on equity (ROE) 0.17%
Retained earnings to average equity (YTD only) 0.17%
Net charge-offs to loans 0.89%
Credit loss provision to net charge-offs 165.95%
Efficiency ratio1.63%
Assets per employee$67,304
Cash dividends to net income (YTD only)3.54%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.88%
Noncurrent assets plus other real estate owned to assets 56.66%
Noncurrent loans to loans 2.87%
Net loans and leases to deposits3.32%
Net loans and leases to core deposits 108.36%
Equity capital to assets 163.63%
Core capital (leverage) ratio 8.78%
Tier 1 risk-based capital ratio 8.83%
Total risk-based capital ratio 14.18%
Memoranda
Average assets$15
Average earning assets$117,439
Average equity $9,816
Average loans $109,528
Back to page top, Back to table top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Fidelity Federal Savings 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.