Heritage Bank of Southern Indiana in Jeffersonville, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 02, 2002

  • Heritage Bank of Southern Indiana in Jeffersonville, Indiana (IN)
  • Show street view No street view available for this location

Heritage Bank of Southern Indiana - Overview

  • General
  • FDIC Certificate #: 34117
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Your Community Bank (#28915)
    Federal Reserve ID: 2356046
    Date Established: January 08, 1996
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 15441
    FDIC's unique #: 56260
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 08, 1996
    Last Structure Change Effective Date: March 02, 2002
    Last Structure Change Process Date: March 15, 2002
    Last Data Update: March 15, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 West Court Avenue, Jeffersonville, IN 47130
    County: Clark
    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): Louisville, KY-IN (#4520)
    Combined Statistical Area (CSA): Louisville-Jefferson County-Elizabethtown-Scottsburg, KY-IN (#350)
    Core Based Statistical Area (CBSA): Louisville-Jefferson County, KY-IN (#31140)
    CBSA Metro Statistical Area: Louisville-Jefferson County, KY-IN (#31140)
  • Financial Summary
  • Total assets: $85.8 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, 2001)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $85,762Total assets
  • $1,563Cash and due from depository institutions
  • $260Interest-bearing balances
  • $17,190Securities
  • $3,660Federal funds sold & reverse repurchase agreements
  • $60,276Net loans & leases
  • $843Loan loss allowance
  • $0Trading account assets
  • $1,428Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,645All other assets
  • $85,762Total liabilities and capital
  • $77,765Total liabilities
  • $55,240Total deposits
  • $48,354Interest-bearing deposits
  • $55,240Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $7,719Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $14,567Other borrowed funds
  • $0Subordinated debt
  • $239All other liabilities
  • $7,997Total equity capital
  • $7,997Total bank equity capital
  • $7,997Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $5,708Undivided profits
  • Memoranda
  • $2,288Noncurrent loans and leases
  • $17,213Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,128Earning assets
  • $0Long-term assets (5+ years)
  • $437Average Assets, year-to-date
  • $81,386Average Assets, quarterly
  • $23,285Volatile liabilities
  • $85,412Insider loans
  • $86,467FHLB advances
  • $25,901Loans and leases held for sale
  • $5,094Unused loan commitments
  • $14,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $17,213Total unused commitments
  • $0Restructured Loans and leases
  • $811Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $5,931Total interest income
  • $3,398Total interest expense
  • $2,533Net interest income
  • $210Provision for loan and lease losses
  • $752Total noninterest income
  • $0Fiduciary activities
  • $262Service charges on deposit accounts
  • $0Trading account gains & fees
  • $490Additional noninterest income
  • $2,098Total noninterest expense
  • $882Salaries and employee benefits
  • $197Premises and equipment expense
  • $1,019Additional noninterest expense
  • $977Pre-tax net operating income
  • $0Securities gains (losses)
  • $363Applicable income taxes
  • $614Income before extraordinary items
  • $0Extraordinary gains - net
  • $614Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $62Sale, conversion, retirement of capital stock, net
  • $200Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.42%Yield on earning assets
  • 4.25%Cost of funding earning assets
  • 3.17%Net interest margin
  • 0.94%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • 0.72%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 7.86%Return on equity (ROE)
  • 5.30%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 338.71%Credit loss provision to net charge-offs
  • 19.15%Efficiency ratio
  • 63,866Assets per employee
  • 4.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.57%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 74.73%Noncurrent assets plus other real estate owned to assets
  • 1.32%Noncurrent loans to loans
  • 1.85%Net loans and leases to deposits
  • 109.12%Net loans and leases to core deposits
  • 162.65%Equity capital to assets
  • 9.32%Core capital (leverage) ratio
  • 9.24%Tier 1 risk-based capital ratio
  • 12.32%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $85,412Average earning assets
  • $7,808Average equity
  • $79,898Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Heritage Bank of Southern Indiana.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents