MainSource Bank - Hobart in Hobart, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 22, 2009

  • MainSource Bank - Hobart in Hobart, Indiana (IN)
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MainSource Bank - Hobart - Overview

  • General
  • 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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