First Merchants Bank of Central Indiana, National Association in Anderson, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 25, 2009

  • First Merchants Bank of Central Indiana, National Association in Anderson, Indiana (IN)
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First Merchants Bank of Central Indiana, National Association - Overview

  • General
  • FDIC Certificate #: 8047
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Merchants Bank National Association (#4365)
    Federal Reserve ID: 1009541
    Date Established: June 25, 1872
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 20 (Interstate: No)
    OTS Docket #: 14188
    FDIC's unique #: 5120
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 25, 2009
    Last Structure Change Process Date: October 14, 2009
    Last Data Update: October 14, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 33 W 1oth St, Anderson, IN 46016
    County: Madison
    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
    Metropolitan Statistical Area (MSA): Indianapolis, IN (#3480)
    Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294)
    Core Based Statistical Area (CBSA): Anderson, IN (#11300)
    CBSA Metro Statistical Area: Anderson, IN (#11300)
  • Financial Summary
  • Total assets: $1,085.3 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, 2008)

  • Dollar figures in thousands
  • 66Total employees (full-time equivalent)
  • $312,570Total assets
  • $7,415Cash and due from depository institutions
  • $35Interest-bearing balances
  • $25,502Securities
  • $2,260Federal funds sold & reverse repurchase agreements
  • $264,164Net loans & leases
  • $2,743Loan loss allowance
  • $0Trading account assets
  • $3,296Bank premises and fixed assets
  • $740Other real estate owned
  • $26Goodwill and other intangibles
  • $4,220Life insurance assets
  • $9,167All other assets
  • $312,570Total liabilities and capital
  • $286,222Total liabilities
  • $249,834Total deposits
  • $206,844Interest-bearing deposits
  • $249,834Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $13,684Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $21,500Other borrowed funds
  • $0Subordinated debt
  • $1,204All other liabilities
  • $26,348Total equity capital
  • $26,348Total bank equity capital
  • $26,348Perpetual preferred stock
  • $0Common stock
  • $1,752Surplus
  • $11,055Undivided profits
  • Memoranda
  • $13,541Noncurrent loans and leases
  • $41,459Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,227Earning assets
  • $0Long-term assets (5+ years)
  • $1,354Average Assets, year-to-date
  • $291,961Average Assets, quarterly
  • $32,391Volatile liabilities
  • $300,717Insider loans
  • $310,062FHLB advances
  • $45,642Loans and leases held for sale
  • $11,118Unused loan commitments
  • $21,500Tier 1 (core) risk-based capital
  • $10,123Tier 2 risk-based capital
  • $976Total risk weighted assets
  • $41,459Total unused commitments
  • $0Restructured Loans and leases
  • $2,743Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $18,253Total interest income
  • $5,794Total interest expense
  • $12,459Net interest income
  • $1,400Provision for loan and lease losses
  • $2,046Total noninterest income
  • $0Fiduciary activities
  • $975Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,071Additional noninterest income
  • $7,200Total noninterest expense
  • $3,394Salaries and employee benefits
  • $688Premises and equipment expense
  • $3,118Additional noninterest expense
  • $5,905Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,250Applicable income taxes
  • $3,655Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,655Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,259Sale, conversion, retirement of capital stock, net
  • $4,350Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.47%Yield on earning assets
  • 2.05%Cost of funding earning assets
  • 4.41%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 2.55%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.96%Pretax return on assets
  • 13.62%Return on equity (ROE)
  • -2.59%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 111.20%Credit loss provision to net charge-offs
  • 5.80%Efficiency ratio
  • 49,617Assets per employee
  • 4.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 119.02%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 52.48%Noncurrent assets plus other real estate owned to assets
  • 1.91%Noncurrent loans to loans
  • 1.96%Net loans and leases to deposits
  • 105.74%Net loans and leases to core deposits
  • 116.95%Equity capital to assets
  • 8.43%Core capital (leverage) ratio
  • 8.41%Tier 1 risk-based capital ratio
  • 10.33%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $300,717Average earning assets
  • $26,836Average equity
  • $282,297Average loans

Total Fiduciary and Related Assets (December 31, 2001)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $19,607Managed Assets
  • 1Number of Accounts
  • $19,607Personal trust and agency accounts
  • $1,814Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $15,429Investment management agency accounts
  • $2,364Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 41Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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