First of America Bank-Indiana in Indianapolis, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 1997

  • First of America Bank-Indiana in Indianapolis, Indiana (IN)
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First of America Bank-Indiana - Overview

  • General
  • FDIC Certificate #: 13100
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National City Bank of the Midwest (#5029)
    Federal Reserve ID: 68644
    Date Established: January 01, 1929
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 66 (Interstate: No)
    OTS Docket #: 11661
    FDIC's unique #: 8286
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 30, 1997
    Last Structure Change Process Date: July 30, 1997
    Last Data Update: July 30, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 West Ohio Street, Indianapolis, IN 46204
    County: Marion
    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): Indianapolis-Carmel, IN (#26900)
    CBSA Metro Statistical Area: Indianapolis-Carmel, IN (#26900)
  • Financial Summary
  • Total assets: $1,299.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $497Total assets
  • $1,336,611Cash and due from depository institutions
  • $75,105Interest-bearing balances
  • $0Securities
  • $202,353Federal funds sold & reverse repurchase agreements
  • $12,314Net loans & leases
  • $1,007,068Loan loss allowance
  • $11,469Trading account assets
  • $0Bank premises and fixed assets
  • $20,045Other real estate owned
  • $2,077Goodwill and other intangibles
  • $15,480Life insurance assets
  • $2,169All other assets
  • $0Total liabilities and capital
  • $1,336,611Total liabilities
  • $1,234,242Total deposits
  • $1,086,761Interest-bearing deposits
  • $896,076Deposits held in domestic offices
  • 1086761.00%% insured (estimated)
  • $77Federal funds purchased & repurchase agreements
  • $52,984Trading liabilities
  • $0Other borrowed funds
  • $86,532Subordinated debt
  • $0All other liabilities
  • $7,965Total equity capital
  • $7,965Total bank equity capital
  • $102,369Perpetual preferred stock
  • $0Common stock
  • $10,781Surplus
  • $49,357Undivided profits
  • Memoranda
  • $42,231Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,883Income earned, not collected on loans
  • $6,653Earning assets
  • $1,221,735Long-term assets (5+ years)
  • $370,936Average Assets, year-to-date
  • $1,405,455Average Assets, quarterly
  • $1,364,518Volatile liabilities
  • $216,207Insider loans
  • $13,728FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $223,287Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $101,077Total risk weighted assets
  • $1,040,459Total unused commitments
  • $0Restructured Loans and leases
  • $30,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $105,606Total interest expense
  • $49,034Net interest income
  • $56,572Provision for loan and lease losses
  • $5,140Total noninterest income
  • $22,088Fiduciary activities
  • $4,078Service charges on deposit accounts
  • $8,665Trading account gains & fees
  • $0Additional noninterest income
  • $9,345Total noninterest expense
  • $54,075Salaries and employee benefits
  • $15,326Premises and equipment expense
  • $6,122Additional noninterest expense
  • $32,627Pre-tax net operating income
  • $19,445Securities gains (losses)
  • -$62Applicable income taxes
  • $7,571Income before extraordinary items
  • $11,812Extraordinary gains - net
  • $0Net income attributable to bank
  • $11,812Net charge-offs
  • $4,364Cash dividends
  • $14,300Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.17%Cost of funding earning assets
  • 3.79%Net interest margin
  • 4.38%Noninterest income to earning assets
  • 1.71%Noninterest expense to earning assets
  • 4.18%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 1.38%Return on equity (ROE)
  • 11.29%Retained earnings to average equity (YTD only)
  • -2.38%Net charge-offs to loans
  • 0.41%Credit loss provision to net charge-offs
  • 117.78%Efficiency ratio
  • 68,384Assets per employee
  • 2.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 121.06%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 129.11%Noncurrent assets plus other real estate owned to assets
  • 0.82%Noncurrent loans to loans
  • 0.87%Net loans and leases to deposits
  • 92.67%Net loans and leases to core deposits
  • 105.44%Equity capital to assets
  • 7.66%Core capital (leverage) ratio
  • 7.63%Tier 1 risk-based capital ratio
  • 9.71%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,405,455Average earning assets
  • $104,622Average equity
  • $1,292,408Average loans

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