FDIC Certificate #: 33949 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:German American Bancorp (#17393) Federal Reserve ID: 2249175 Date Established: October 28, 1994 WWW:http://www.firststatebankfsb.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) FDIC's unique #: 55118 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: October 28, 1994 Last Structure Change Effective Date: September 30, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 645 Main Street, Tell City, IN 47586 County: Perry 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: $110.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
31Total employees (full-time equivalent)
$116,111Total assets
$3,386Cash and due from depository institutions
$386Interest-bearing balances
$9,603Securities
$12,299Federal funds sold & reverse repurchase agreements
$81,944Net loans & leases
$911Loan loss allowance
$0Trading account assets
$3,204Bank premises and fixed assets
$199Other real estate owned
$3,023Goodwill and other intangibles
$0Life insurance assets
$2,453All other assets
$116,111Total liabilities and capital
$102,794Total liabilities
$100,363Total deposits
$90,150Interest-bearing deposits
$100,363Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,000Other borrowed funds
$0Subordinated debt
$431All other liabilities
$13,317Total equity capital
$13,317Total bank equity capital
$13,317Perpetual preferred stock
$0Common stock
$200Surplus
$11,115Undivided profits
Memoranda
$2,002Noncurrent loans and leases
$10,379Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,116Earning assets
$0Long-term assets (5+ years)
$578Average Assets, year-to-date
$104,232Average Assets, quarterly
$21,270Volatile liabilities
$87,896Insider loans
$98,891FHLB advances
$8,384Loans and leases held for sale
$924Unused loan commitments
$2,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,379Total unused commitments
$0Restructured Loans and leases
$911Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$4,984Total interest income
$1,823Total interest expense
$3,161Net interest income
$127Provision for loan and lease losses
$740Total noninterest income
$1Fiduciary activities
$539Service charges on deposit accounts
$0Trading account gains & fees
$200Additional noninterest income
$2,231Total noninterest expense
$982Salaries and employee benefits
$454Premises and equipment expense
$795Additional noninterest expense
$1,543Pre-tax net operating income
$0Securities gains (losses)
$591Applicable income taxes
$952Income before extraordinary items
$0Extraordinary gains - net
$952Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$142Sale, conversion, retirement of capital stock, net
$500Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.23%Yield on earning assets
2.28%Cost of funding earning assets
3.95%Net interest margin
0.92%Noninterest income to earning assets
2.79%Noninterest expense to earning assets
1.08%Net operating income to assets
1.08%Return on assets (ROA)
1.76%Pretax return on assets
11.75%Return on equity (ROE)
5.58%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
89.44%Credit loss provision to net charge-offs
11.76%Efficiency ratio
56,908Assets per employee
3.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.52%Loss allowance to loans
1.10%Loss allowance to noncurrent loans
81.63%Noncurrent assets plus other real estate owned to assets
1.13%Noncurrent loans to loans
1.35%Net loans and leases to deposits
81.65%Net loans and leases to core deposits
87.66%Equity capital to assets
11.47%Core capital (leverage) ratio
8.75%Tier 1 risk-based capital ratio
12.96%Total risk-based capital ratio
Memoranda
$14Average assets
$87,896Average earning assets
$8,101Average equity
$80,044Average loans
Total Fiduciary and Related Assets (December 31, 2005)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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