Newton County Loan & Savings, FSB in Goodland, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 2011

  • Newton County Loan & Savings, FSB in Goodland, Indiana (IN)
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Newton County Loan & Savings, FSB - Overview

  • General
  • FDIC Certificate #: 27840
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: Bank of Wolcott (#16201)
    Federal Reserve ID: 673879
    Date Established: January 01, 1894
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Interstate: No)
    OTS Docket #: 373
    FDIC's unique #: 40674
    Numeric code: 37
    Regulator: OCC
    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: December 16, 1935
    Last Structure Change Effective Date: November 30, 2011
    Last Structure Change Process Date: January 04, 2012
    Last Data Update: January 04, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 309 South Newton Street, Goodland, IN 47948
    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)
  • Financial Summary
  • Total assets: $25.6 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, 2010)

  • Dollar figures in thousands
  • 3Total employees (full-time equivalent)
  • $22,048Total assets
  • $437Cash and due from depository institutions
  • $300Interest-bearing balances
  • $18,151Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,316Net loans & leases
  • $48Loan loss allowance
  • $0Trading account assets
  • $35Bank premises and fixed assets
  • $315Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,794All other assets
  • $22,048Total liabilities and capital
  • $7,311Total liabilities
  • $4,969Total deposits
  • $4,969Interest-bearing deposits
  • $4,969Deposits held in domestic offices
  • 100.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,375Other borrowed funds
  • $0Subordinated debt
  • $967All other liabilities
  • $14,737Total equity capital
  • $14,737Total bank equity capital
  • $14,737Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $17,500Undivided profits
  • Memoranda
  • $-2,763Noncurrent loans and leases
  • $750Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $170Earning assets
  • $0Long-term assets (5+ years)
  • $90Average Assets, year-to-date
  • $19,767Average Assets, quarterly
  • $0Volatile liabilities
  • $17,199Insider loans
  • $22,069FHLB advances
  • $2,335Loans and leases held for sale
  • $0Unused loan commitments
  • $1,375Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $750Total unused commitments
  • $315Restructured Loans and leases
  • $48Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $402Total interest income
  • $93Total interest expense
  • $309Net interest income
  • $0Provision for loan and lease losses
  • -$368Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$368Additional noninterest income
  • $947Total noninterest expense
  • $289Salaries and employee benefits
  • $44Premises and equipment expense
  • $614Additional noninterest expense
  • -$1,006Pre-tax net operating income
  • -$7Securities gains (losses)
  • -$292Applicable income taxes
  • -$721Income before extraordinary items
  • $0Extraordinary gains - net
  • -$721Net income attributable to bank
  • $0Net charge-offs
  • -$721Cash dividends
  • $77Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.75%Yield on earning assets
  • 0.64%Cost of funding earning assets
  • 2.11%Net interest margin
  • -2.52%Noninterest income to earning assets
  • 6.48%Noninterest expense to earning assets
  • -4.16%Net operating income to assets
  • -4.19%Return on assets (ROA)
  • -5.89%Pretax return on assets
  • -6.72%Return on equity (ROE)
  • -6.72%Retained earnings to average equity (YTD only)
  • 5.78%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • -13.06%Efficiency ratio
  • -1,605,085Assets per employee
  • 7.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.52%Loss allowance to noncurrent loans
  • 28.24%Noncurrent assets plus other real estate owned to assets
  • 2.20%Noncurrent loans to loans
  • 12.46%Net loans and leases to deposits
  • 26.48%Net loans and leases to core deposits
  • 32.83%Equity capital to assets
  • 66.84%Core capital (leverage) ratio
  • 67.02%Tier 1 risk-based capital ratio
  • 277.02%Total risk-based capital ratio
  • Memoranda
  • $278Average assets
  • $17,199Average earning assets
  • $10,736Average equity
  • $14,619Average loans

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