LAFAYETTE COMMUNITY BANK in Lafayette, Indiana (IN)



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LAFAYETTE COMMUNITY BANK routing number info

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LAFAYETTE COMMUNITY BANK
GeneralFDIC Certificate #: 35476
Status: Active
Federal Reserve ID: 2911128
Bank Holding Company (Regulatory Top Holder): Lafayette Community Bancorp (RSSDID: 2913382, Location: Lafayette, IN)
Date Established: October 30, 2000
WWW: http://www.lafayettecommunitybank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 80560
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: October 30, 2000
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 2 North 4th Street, Lafayette, IN 47902
County: Tippecanoe
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): Lafayette, IN (#3920)
Combined Statistical Area (CSA): Lafayette-Frankfort, IN (#320)
Core Based Statistical Area (CBSA): Lafayette, IN (#29140)
CBSA Metro Statistical Area: Lafayette, IN (#29140)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $135.5 mil
Equity capital: $15.3 mil
Deposits held in domestic offices: $119.7 mil
Return on assets (ROA): 0.56% ($0.8 mil)
Quarterly return on assets: 0.19% ($0.3 mil)
Return on Equity (ROE): 4.96% ($0.7 mil)
Quarterly return on equity: 1.65% ($0.2 mil)
Net income: $0.7 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.86% ($1,165.5 mil)
Quarterly Pretax return on assets: 0.28% ($379.5 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)
Total employees (full-time equivalent)34
Total assets$135,525
Cash and due from depository institutions$11,000
Interest-bearing balances$0
Securities$32,544
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$86,281
Loan loss allowance $1,968
Trading account assets$0
Bank premises and fixed assets$2,114
Other real estate owned$78
Goodwill and other intangibles$0
All other assets$3,508
Life insurance assets$135,525
Total liabilities and capital$120,245
Total liabilities$119,675
Total deposits$106,783
Interest-bearing deposits$119,675
Deposits held in domestic offices$87
% insured (estimated)225.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $345
All other liabilities $15,280
Total equity capital$15,280
Total bank equity capital$15,280
Perpetual preferred stock$0
Common stock$7,112
Surplus$7,579
Undivided profits $589
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,949
Earning assets $0
Long-term assets (5+ years) $678
Average Assets, year-to-date $118,825
Average Assets, quarterly $50,780
Volatile liabilities $133,864
Insider loans $135,704
FHLB advances $96,155
Loans and leases held for sale $135,217
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $13,276
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $10,426
Derivatives$4,330
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,203
Total interest expense $1,111
Net interest income $5,092
Provision for loan and lease losses $840
Total noninterest income $933
Fiduciary activities $0
Service charges on deposit accounts $187
Trading account gains & fees $0
Additional noninterest income $746
Total noninterest expense $4,147
Salaries and employee benefits $2,329
Premises and equipment expense $465
Additional noninterest expense $1,353
Pre-tax net operating income $1,038
Securities gains (losses) $108
Applicable income taxes $401
Income before extraordinary items $745
Extraordinary gains - net $0
Net income attributable to bank $745
Net charge-offs $0
Cash dividends $745
Sale, conversion, retirement of capital stock, net $1,145
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.20%
Cost of funding earning assets 0.93%
Net interest margin 4.27%
Noninterest income to earning assets 0.78%
Noninterest expense to earning assets 3.48%
Net operating income to assets 0.50%
Return on assets (ROA) 0.56%
Pretax return on assets 0.86%
Return on equity (ROE) 4.96%
Retained earnings to average equity (YTD only) 4.96%
Net charge-offs to loans 1.31%
Credit loss provision to net charge-offs 73.36%
Efficiency ratio1.64%
Assets per employee$68,830
Cash dividends to net income (YTD only)3.99%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.23%
Noncurrent assets plus other real estate owned to assets 100.97%
Noncurrent loans to loans 1.50%
Net loans and leases to deposits2.21%
Net loans and leases to core deposits 72.10%
Equity capital to assets 74.58%
Core capital (leverage) ratio 11.27%
Tier 1 risk-based capital ratio 9.82%
Total risk-based capital ratio 13.81%
Memoranda
Average assets$15
Average earning assets$133,864
Average equity $15,030
Average loans $119,242
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4 Indiana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
080560Lafayette Community Bank2 North 4th Street, Lafayette, IN 47902October 30, 2000Full Service Brick and Mortar
1360654Greenbush Branch2136 Greenbush, Lafayette, IN 47905December 19, 2000Full Service Brick and Mortar
2422912West Lafayette Branch1215 Potter Drive, Suite 1, West Lafayette, IN 47906July 21, 2003Full Service Brick and Mortar
3452335350 South Branch3602 Cougill Lane, Lafayette, IN 47909Febuary 27, 2006Full Service Brick and Mortar
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