First National Bank of Indiana in Logansport, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 29, 1993

First National Bank of Indiana in Logansport, Indiana (IN)
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First National Bank of Indiana - Overview

General
FDIC Certificate #: 4354
Status: Inactive
Closing history: Corrections
Acquiring institution: National City Bank of Indiana (#4347)
Federal Reserve ID: 124148
Date Established: December 19, 1931
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 5 (Interstate: No)
FDIC's unique #: 2862
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 29, 1993
Last Structure Change Process Date: June 18, 1993
Last Data Update: August 24, 1994
Data Source Date: April 05, 2012
Location
Address: One First National Plaza, Logansport, IN 46947
County: Cass
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): Logansport, IN (#30900)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $216.5 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$111Total assets
$225,466Cash and due from depository institutions
$16,191Interest-bearing balances
$0Securities
$33,079Federal funds sold & reverse repurchase agreements
$31,300Net loans & leases
$134,086Loan loss allowance
$2,030Trading account assets
$0Bank premises and fixed assets
$2,527Other real estate owned
$9Goodwill and other intangibles
$1,879Life insurance assets
$6,395All other assets
$0Total liabilities and capital
$225,466Total liabilities
$200,470Total deposits
$198,513Interest-bearing deposits
$173,628Deposits held in domestic offices
198513.00%% insured (estimated)
$79Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,957Total equity capital
$1,957Total bank equity capital
$24,996Perpetual preferred stock
$0Common stock
$1,606Surplus
$21,601Undivided profits
Memoranda
$1,789Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,712Income earned, not collected on loans
$920Earning assets
$198,465Long-term assets (5+ years)
$44,773Average Assets, year-to-date
$224,851Average Assets, quarterly
$220,831Volatile liabilities
$15,760Insider loans
$242FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$28,973Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$18,601Total risk weighted assets
$141,114Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$16,500Total interest expense
$8,003Net interest income
$8,497Provision for loan and lease losses
$583Total noninterest income
$1,073Fiduciary activities
$71Service charges on deposit accounts
$473Trading account gains & fees
$0Additional noninterest income
$529Total noninterest expense
$6,260Salaries and employee benefits
$3,050Premises and equipment expense
$1,038Additional noninterest expense
$2,172Pre-tax net operating income
$2,727Securities gains (losses)
$14Applicable income taxes
$1,004Income before extraordinary items
$1,737Extraordinary gains - net
$0Net income attributable to bank
$1,737Net charge-offs
$711Cash dividends
$193Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.17%Cost of funding earning assets
3.96%Net interest margin
4.21%Noninterest income to earning assets
0.53%Noninterest expense to earning assets
3.10%Net operating income to assets
0.77%Return on assets (ROA)
0.77%Pretax return on assets
1.22%Return on equity (ROE)
7.19%Retained earnings to average equity (YTD only)
6.39%Net charge-offs to loans
0.50%Credit loss provision to net charge-offs
82.00%Efficiency ratio
61,411Assets per employee
2.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.11%Loss allowance to loans
1.49%Loss allowance to noncurrent loans
118.57%Noncurrent assets plus other real estate owned to assets
0.76%Noncurrent loans to loans
1.26%Net loans and leases to deposits
67.55%Net loans and leases to core deposits
73.37%Equity capital to assets
11.09%Core capital (leverage) ratio
8.72%Tier 1 risk-based capital ratio
13.18%Total risk-based capital ratio
Memoranda
$14Average assets
$224,851Average earning assets
$24,174Average equity
$202,026Average loans

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