First Bank Richmond, National Association in city_name, state_name

First Bank Richmond, National Association in Richmond, Indiana (IN)
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First Bank Richmond, National Association routing number info

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First Bank Richmond, National Association - Overview

General
FDIC Certificate #: 28533
Status: Active
Federal Reserve ID: 419675
Bank Holding Company (Regulatory Top Holder): First Mutual Of Richmond, Inc. (RSSDID: 2624398, Location: Richmond, IN)
Date Established: January 01, 1887
WWW: http://www.firstbankrichmond.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 1784
FDIC's unique #: 41367
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: October 10, 1935
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: 20 North 9th Street, Richmond, IN 47374
County: Wayne
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): Richmond, IN (#39980)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $521.4 mil
Equity capital: $52.7 mil
Deposits held in domestic offices: $375.1 mil
Return on assets (ROA): -1.63% (-$8.5 mil)
Quarterly return on assets: 0.17% ($0.9 mil)
Return on Equity (ROE): -16.46% (-$8.7 mil)
Quarterly return on equity: 1.66% ($0.9 mil)
Net income: -$8.8 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: -2.73% (-$14,234.4 mil)
Quarterly Pretax return on assets: 0.24% ($1,251.4 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
150Total employees (full-time equivalent)
$521,408Total assets
$38,814Cash and due from depository institutions
$32,542Interest-bearing balances
$80,454Securities
$0Federal funds sold & reverse repurchase agreements
$360,715Net loans & leases
$9,699Loan loss allowance
$0Trading account assets
$8,004Bank premises and fixed assets
$3,399Other real estate owned
$1,534Goodwill and other intangibles
$521,408Life insurance assets
$28,488All other assets
$468,671Total liabilities and capital
$375,062Total liabilities
$327,387Total deposits
$375,062Interest-bearing deposits
$90Deposits held in domestic offices
545.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$89,000Trading liabilities
$0Other borrowed funds
$4,064Subordinated debt
$52,737All other liabilities
$52,737Total equity capital
$52,737Total bank equity capital
$0Perpetual preferred stock
$2,000Common stock
$7,750Surplus
$42,987Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$37,766Income earned, not collected on loans
$0Earning assets
$1,605Long-term assets (5+ years)
$473,711Average Assets, year-to-date
$211,497Average Assets, quarterly
$538,296Volatile liabilities
$524,528Insider loans
$364,440FHLB advances
$526,534Loans and leases held for sale
$2,298Unused loan commitments
$2,298Tier 1 (core) risk-based capital
$45,461Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$36,960Restructured Loans and leases
$2,058Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$27,141Total interest income
$8,591Total interest expense
$18,550Net interest income
$21,147Provision for loan and lease losses
$3,503Total noninterest income
$246Fiduciary activities
$900Service charges on deposit accounts
$0Trading account gains & fees
$2,357Additional noninterest income
$17,075Total noninterest expense
$8,529Salaries and employee benefits
$1,233Premises and equipment expense
$7,313Additional noninterest expense
-$16,169Pre-tax net operating income
$1,447Securities gains (losses)
-$5,930Applicable income taxes
-$8,792Income before extraordinary items
$0Extraordinary gains - net
-$8,792Net income attributable to bank
$0Net charge-offs
-$8,792Cash dividends
$22,042Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.51%Yield on earning assets
1.74%Cost of funding earning assets
3.76%Net interest margin
0.71%Noninterest income to earning assets
3.46%Noninterest expense to earning assets
-1.81%Net operating income to assets
-1.63%Return on assets (ROA)
-2.73%Pretax return on assets
-16.46%Return on equity (ROE)
-16.46%Retained earnings to average equity (YTD only)
5.34%Net charge-offs to loans
95.94%Credit loss provision to net charge-offs
0.23%Efficiency ratio
77,427Assets per employee
3.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.62%Loss allowance to noncurrent loans
25.68%Noncurrent assets plus other real estate owned to assets
7.90%Noncurrent loans to loans
10.20%Net loans and leases to deposits
96.17%Net loans and leases to core deposits
106.99%Equity capital to assets
10.11%Core capital (leverage) ratio
8.63%Tier 1 risk-based capital ratio
12.47%Total risk-based capital ratio
Memoranda
$14Average assets
$538,296Average earning assets
$53,408Average equity
$492,950Average 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
$36,023Managed Assets
1Number of Accounts
$35,042Personal trust and agency accounts
$8,417Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$7,005Other retirement accounts
$8,497Corporate trust and agency accounts
$0Investment management agency accounts
$10,638Other fiduciary accounts
$485Fiduciary accounts held in foreign offices
$0Non-managed Assets
140Number of Accounts
$0Personal trust and agency accounts
$8,497Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$981Other retirement accounts
$10Corporate trust and agency accounts
$0Other fiduciary accounts
$887Fiduciary accounts held in foreign offices

List of branches

9 Indiana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	41367	First Bank Richmond, National Association	20 North 9th Street, Richmond, IN 47374	January 01, 1887	Full Service Brick and Mortar
1	268213	Cambridge City Branch	138 West Main Street, Cambridge City, IN 47327	January 01, 1887	Full Service Brick and Mortar
2	268214	Centerville Branch	119 East Main Street, Centerville, IN 47330	January 01, 1887	Full Service Brick and Mortar
3	268215	East Side Branch	3403 East Main Street, Richmond, IN 47374	January 01, 1887	Full Service Brick and Mortar
5	268217	Shelbyville Branch	1601 East Michigan Street, Shelbyville, IN 46176	March 24, 1999	Full Service Retail
6	268218	South A Street Motor Branch	601 South A Street, Richmond, IN 47375	Febuary 01, 1999	Limited Service Facility
7	360993	Kroger Branch - Richmond Branch	3701 National Road East, Richmond, IN 47374	July 26, 2000	Full Service Retail
8	424670	North Side Branch	2499 Chester Boulevard, Richmond, IN 47374	November 13, 2003	Full Service Brick and Mortar
9	457974	Westside Branch	2929 National Road West, Richmond, IN 47374	October 16, 2006	Full Service Brick and Mortar

First Bank Richmond, National Association in Richmond, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank Richmond, National Association - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

First Bank Richmond, National Association in Richmond, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank Richmond, National Association - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

First Bank Richmond, National Association in Richmond, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches