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

This bank is inactive as of June 29, 1995

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

General
FDIC Certificate #: 22278
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Bank of Mitchell (#10478)
Federal Reserve ID: 738947
Date Established: May 24, 1976
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
FDIC's unique #: 15489
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: May 24, 1976
Last Structure Change Effective Date: June 29, 1995
Last Structure Change Process Date: July 19, 1995
Last Data Update: July 19, 1995
Data Source Date: April 05, 2012
Location
Address: 215 West Main Street, Paoli, IN 47454
County: Orange
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
Financial Summary
Total assets: $16.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$16,529Cash and due from depository institutions
$1,666Interest-bearing balances
$898Securities
$4,000Federal funds sold & reverse repurchase agreements
$625Net loans & leases
$9,822Loan loss allowance
$130Trading account assets
$0Bank premises and fixed assets
$252Other real estate owned
$0Goodwill and other intangibles
$164Life insurance assets
$0All other assets
$0Total liabilities and capital
$16,529Total liabilities
$15,345Total deposits
$15,173Interest-bearing deposits
$13,132Deposits held in domestic offices
15173.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$29Subordinated debt
$0All other liabilities
$143Total equity capital
$143Total bank equity capital
$1,184Perpetual preferred stock
$400Common stock
$47Surplus
$853Undivided profits
Memoranda
$-116Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$72Earning assets
$15,345Long-term assets (5+ years)
$1,174Average Assets, year-to-date
$16,260Average Assets, quarterly
$16,495Volatile liabilities
$1,609Insider loans
$506FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$605Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$784Total risk weighted assets
$10,307Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,204Total interest expense
$517Net interest income
$687Provision for loan and lease losses
$6Total noninterest income
$100Fiduciary activities
$0Service charges on deposit accounts
$70Trading account gains & fees
$0Additional noninterest income
$30Total noninterest expense
$517Salaries and employee benefits
$272Premises and equipment expense
$41Additional noninterest expense
$204Pre-tax net operating income
$264Securities gains (losses)
$0Applicable income taxes
$82Income before extraordinary items
$182Extraordinary gains - net
$0Net income attributable to bank
$182Net charge-offs
$9Cash dividends
$64Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.96%Cost of funding earning assets
3.42%Net interest margin
4.54%Noninterest income to earning assets
0.66%Noninterest expense to earning assets
3.42%Net operating income to assets
1.12%Return on assets (ROA)
1.12%Pretax return on assets
1.62%Return on equity (ROE)
16.10%Retained earnings to average equity (YTD only)
10.44%Net charge-offs to loans
0.09%Credit loss provision to net charge-offs
66.67%Efficiency ratio
65,693Assets per employee
1.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.16%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
64.73%Net loans and leases to core deposits
72.41%Equity capital to assets
7.16%Core capital (leverage) ratio
4.69%Tier 1 risk-based capital ratio
7.61%Total risk-based capital ratio
Memoranda
$13Average assets
$16,260Average earning assets
$1,130Average equity
$15,118Average loans

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