FDIC Certificate #: 29368 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Union Federal Bank of Indianapolis (#32614) Federal Reserve ID: 162971 Date Established: March 18, 1935 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 3345 FDIC's unique #: 42202 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: March 18, 1935 Last Structure Change Effective Date: May 01, 1998 Last Structure Change Process Date: June 09, 1998 Last Data Update: June 09, 1998 Data Source Date: April 05, 2012
Location
Address: 102 North Lebanon Street, Lebanon, IN 46052 County: Boone 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: $98.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
46Total employees (full-time equivalent)
$95,426Total assets
$11,865Cash and due from depository institutions
$9,155Interest-bearing balances
$10,135Securities
$0Federal funds sold & reverse repurchase agreements
$70,371Net loans & leases
$666Loan loss allowance
$0Trading account assets
$1,131Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,924All other assets
$95,426Total liabilities and capital
$83,837Total liabilities
$82,742Total deposits
$80,032Interest-bearing deposits
$82,742Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,095All other liabilities
$11,589Total equity capital
$11,589Total bank equity capital
$11,589Perpetual preferred stock
$0Common stock
$8,134Surplus
$1,749Undivided profits
Memoranda
$1,706Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$298Earning assets
$0Long-term assets (5+ years)
$509Average Assets, year-to-date
$89,661Average Assets, quarterly
$21,869Volatile liabilities
$93,301Insider loans
$95,790FHLB advances
$13,447Loans and leases held for sale
$432Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,997Total unused commitments
$0Restructured Loans and leases
$62,394Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$7,302Total interest income
$3,345Total interest expense
$3,957Net interest income
$371Provision for loan and lease losses
$890Total noninterest income
$0Fiduciary activities
$532Service charges on deposit accounts
$0Trading account gains & fees
$358Additional noninterest income
$3,678Total noninterest expense
$1,792Salaries and employee benefits
$457Premises and equipment expense
$1,429Additional noninterest expense
$798Pre-tax net operating income
$0Securities gains (losses)
$310Applicable income taxes
$488Income before extraordinary items
$0Extraordinary gains - net
$488Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$306Sale, conversion, retirement of capital stock, net
$332Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.32%Yield on earning assets
3.81%Cost of funding earning assets
4.51%Net interest margin
1.01%Noninterest income to earning assets
4.19%Noninterest expense to earning assets
0.52%Net operating income to assets
0.52%Return on assets (ROA)
0.86%Pretax return on assets
4.27%Return on equity (ROE)
1.37%Retained earnings to average equity (YTD only)
0.42%Net charge-offs to loans
121.24%Credit loss provision to net charge-offs
3.82%Efficiency ratio
75,882Assets per employee
2.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.03%Loss allowance to loans
0.94%Loss allowance to noncurrent loans
223.49%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.42%Net loans and leases to deposits
85.05%Net loans and leases to core deposits
101.55%Equity capital to assets
12.14%Core capital (leverage) ratio
12.11%Tier 1 risk-based capital ratio
18.59%Total risk-based capital ratio
Memoranda
$20Average assets
$93,301Average earning assets
$11,420Average equity
$87,761Average loans
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