FDIC Certificate #: 29026 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:MainSource Bank (#5766) Federal Reserve ID: 945772 Date Established: July 01, 1934 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 18021 FDIC's unique #: 41860 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: October 23, 1934 Last Structure Change Effective Date: October 22, 2009 Last Structure Change Process Date: November 25, 2009 Last Data Update: November 25, 2009 Data Source Date: April 05, 2012
Location
Address: 555 E Third St, Hobart, IN 46342 County: Lake Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Dallas FDIC Field Office: Indianapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Gary, IN (#2960) Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14) 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)
Financial Summary
Total assets: $3.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
1Total employees (full-time equivalent)
$3,644Total assets
$0Cash and due from depository institutions
$0Interest-bearing balances
$3,041Securities
$591Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$13All other assets
$3,644Total liabilities and capital
$3,247Total liabilities
$3,179Total deposits
$3,179Interest-bearing deposits
$3,179Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$68All other liabilities
$397Total equity capital
$397Total bank equity capital
$397Perpetual preferred stock
$0Common stock
$324Surplus
$0Undivided profits
Memoranda
$73Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$13Average Assets, year-to-date
$3,632Average Assets, quarterly
$0Volatile liabilities
$3,564Insider loans
$3,618FHLB advances
$3,179Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$168Total interest income
$98Total interest expense
$70Net interest income
$0Provision for loan and lease losses
$0Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$6Total noninterest expense
$0Salaries and employee benefits
$0Premises and equipment expense
$6Additional noninterest expense
$64Pre-tax net operating income
$0Securities gains (losses)
$26Applicable income taxes
$40Income before extraordinary items
$0Extraordinary gains - net
$40Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.73%Yield on earning assets
2.76%Cost of funding earning assets
1.97%Net interest margin
0.00%Noninterest income to earning assets
0.17%Noninterest expense to earning assets
1.12%Net operating income to assets
1.12%Return on assets (ROA)
1.85%Pretax return on assets
10.65%Return on equity (ROE)
10.65%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
8,571Assets per employee
3.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
10.89%Core capital (leverage) ratio
10.23%Tier 1 risk-based capital ratio
50.48%Total risk-based capital ratio
Memoranda
$50Average assets
$3,564Average earning assets
$376Average equity
$3,552Average loans
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