Kentland Bank in city_name, state_name - Detailed Financial Reports, Location

Kentland Bank in Kentland, Indiana (IN)
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Kentland Bank routing number info

Kentland Bank - Overview

General
FDIC Certificate #: 13843
Status: Active
Federal Reserve ID: 367543
Bank Holding Company (Regulatory Top Holder): Kenbancorp (RSSDID: 1206050, Location: Kentland, IN)
Date Established: September 19, 1932
WWW: http://www.kentlandbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 8932
FDIC's unique #: 8654
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: Febuary 06, 1934
Last Structure Change Effective Date: Febuary 14, 2011
Last Structure Change Process Date: August 16, 2011
Last Data Update: August 16, 2011
Data Source Date: April 05, 2012
Location
Address: 111 North Fourth Street, Kentland, IN 47951
County: Newton
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
Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
Core Based Statistical Division: Gary, IN (#23844)
History of Changes
Office Purchased
Financial Summary
Total assets: $276.4 mil
Equity capital: $32.4 mil
Deposits held in domestic offices: $223.2 mil
Return on assets (ROA): 0.62% ($1.7 mil)
Quarterly return on assets: 1.08% ($3.0 mil)
Return on Equity (ROE): 4.91% ($1.6 mil)
Quarterly return on equity: 8.79% ($2.8 mil)
Net income: $1.6 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 0.80% ($2,211.0 mil)
Quarterly Pretax return on assets: 1.47% ($4,062.8 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, 2011)

Dollar figures in thousands
65Total employees (full-time equivalent)
$276,379Total assets
$35,983Cash and due from depository institutions
$33,012Interest-bearing balances
$73,935Securities
$3,677Federal funds sold & reverse repurchase agreements
$153,813Net loans & leases
$4,063Loan loss allowance
$0Trading account assets
$1,950Bank premises and fixed assets
$2,888Other real estate owned
$0Goodwill and other intangibles
$276,379Life insurance assets
$4,133All other assets
$243,950Total liabilities and capital
$223,190Total liabilities
$183,334Total deposits
$223,190Interest-bearing deposits
$82Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$19,000Trading liabilities
$0Other borrowed funds
$1,760Subordinated debt
$32,429All other liabilities
$32,429Total equity capital
$32,429Total bank equity capital
$0Perpetual preferred stock
$900Common stock
$4,100Surplus
$27,429Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,682Income earned, not collected on loans
$0Earning assets
$2,144Long-term assets (5+ years)
$264,437Average Assets, year-to-date
$108,210Average Assets, quarterly
$254,636Volatile liabilities
$265,880Insider loans
$167,258FHLB advances
$260,174Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$31,062Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$27,725Restructured Loans and leases
$9,175Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$12,082Total interest income
$2,829Total interest expense
$9,253Net interest income
$1,462Provision for loan and lease losses
$1,318Total noninterest income
$9Fiduciary activities
$513Service charges on deposit accounts
$0Trading account gains & fees
$796Additional noninterest income
$7,085Total noninterest expense
$3,551Salaries and employee benefits
$812Premises and equipment expense
$2,722Additional noninterest expense
$2,024Pre-tax net operating income
$19Securities gains (losses)
$469Applicable income taxes
$1,574Income before extraordinary items
$0Extraordinary gains - net
$1,574Net income attributable to bank
$0Net charge-offs
$1,574Cash dividends
-$194Sale, conversion, retirement of capital stock, net
$970Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.00%Yield on earning assets
1.17%Cost of funding earning assets
3.83%Net interest margin
0.55%Noninterest income to earning assets
2.93%Noninterest expense to earning assets
0.61%Net operating income to assets
0.62%Return on assets (ROA)
0.80%Pretax return on assets
4.91%Return on equity (ROE)
1.88%Retained earnings to average equity (YTD only)
-0.13%Net charge-offs to loans
-753.61%Credit loss provision to net charge-offs
0.00%Efficiency ratio
67,023Assets per employee
4.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.63%Loss allowance to loans
2.57%Loss allowance to noncurrent loans
71.51%Noncurrent assets plus other real estate owned to assets
3.10%Noncurrent loans to loans
3.60%Net loans and leases to deposits
68.92%Net loans and leases to core deposits
73.32%Equity capital to assets
11.73%Core capital (leverage) ratio
11.94%Tier 1 risk-based capital ratio
18.57%Total risk-based capital ratio
Memoranda
$20Average assets
$254,636Average earning assets
$32,074Average equity
$241,497Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$2,318Managed Assets
1Number of Accounts
$2,224Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$2,224Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
2Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$94Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

5 Indiana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	8654	Kentland Bank	111 North Fourth Street, Kentland, IN 47951	September 19, 1932	Full Service Brick and Mortar
1	230326	Lake Village Branch	Village Square Shopping Center, Lake Village, IN 46349	September 21, 1964	Full Service Brick and Mortar
2	230327	Roselawn Branch	State Road 10, Roselawn, IN 46372	August 16, 1971	Full Service Brick and Mortar
4	483221	Rensselaer Branch	480 South College Avenue, Rensselaer, IN 47978	December 01, 2008	Full Service Brick and Mortar
5	457098	Lafayette Branch	5 Executive Drive, Lafayette, IN 47905	September 15, 2006	Full Service Brick and Mortar

Kentland Bank in Kentland, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Kentland Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

Kentland Bank in Kentland, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

Kentland Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

Kentland Bank in Kentland, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches