Owen County State Bank in Spencer, Indiana (IN)



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Owen County State Bank routing number info

Table of contents:
Owen County State Bank
GeneralFDIC Certificate #: 13112
Status: Active
Federal Reserve ID: 38740
Bank Holding Company (Regulatory Top Holder): Owen Financial Corporation (RSSDID: 1207954, Location: Spencer, IN)
Date Established: January 01, 1934
WWW: http://www.ocsbank.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 #: 8907
FDIC's unique #: 8294
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
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: 201 West Morgan Street, Spencer, IN 47460
County: Owen
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
Core Based Statistical Area (CBSA): Bloomington, IN (#14020)
CBSA Metro Statistical Area: Bloomington, IN (#14020)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $184.3 mil
Equity capital: $17.2 mil
Deposits held in domestic offices: $152.3 mil
Return on assets (ROA): 0.56% ($1.0 mil)
Quarterly return on assets: 0.68% ($1.3 mil)
Return on Equity (ROE): 6.14% ($1.0 mil)
Quarterly return on equity: 7.32% ($1.2 mil)
Net income: $1.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.82% ($1,511.1 mil)
Quarterly Pretax return on assets: 1.03% ($1,898.1 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)
Total employees (full-time equivalent)63
Total assets$184,281
Cash and due from depository institutions$31,074
Interest-bearing balances$27,389
Securities$33,990
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$108,337
Loan loss allowance $1,487
Trading account assets$0
Bank premises and fixed assets$5,200
Other real estate owned$366
Goodwill and other intangibles$0
All other assets$5,314
Life insurance assets$184,281
Total liabilities and capital$167,041
Total liabilities$152,299
Total deposits$139,222
Interest-bearing deposits$152,299
Deposits held in domestic offices$88
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$12,500
Other borrowed funds $0
Subordinated debt $2,242
All other liabilities $17,240
Total equity capital$17,240
Total bank equity capital$17,240
Perpetual preferred stock$0
Common stock$900
Surplus$8,790
Undivided profits $7,550
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 $1,880
Earning assets $0
Long-term assets (5+ years) $529
Average Assets, year-to-date $169,716
Average Assets, quarterly $82,743
Volatile liabilities $185,128
Insider loans $185,282
FHLB advances $103,653
Loans and leases held for sale $184,755
Unused loan commitments $2,576
Tier 1 (core) risk-based capital $2,576
Tier 2 risk-based capital $16,400
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,910
Derivatives$1,312
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $8,296
Total interest expense $2,258
Net interest income $6,038
Provision for loan and lease losses $560
Total noninterest income $1,598
Fiduciary activities $0
Service charges on deposit accounts $674
Trading account gains & fees $0
Additional noninterest income $924
Total noninterest expense $5,562
Salaries and employee benefits $3,381
Premises and equipment expense $780
Additional noninterest expense $1,401
Pre-tax net operating income $1,514
Securities gains (losses) -$2
Applicable income taxes $477
Income before extraordinary items $1,035
Extraordinary gains - net $0
Net income attributable to bank $1,035
Net charge-offs $0
Cash dividends $1,035
Sale, conversion, retirement of capital stock, net $422
Net operating income $467
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.90%
Cost of funding earning assets 1.33%
Net interest margin 3.57%
Noninterest income to earning assets 0.94%
Noninterest expense to earning assets 3.29%
Net operating income to assets 0.56%
Return on assets (ROA) 0.56%
Pretax return on assets 0.82%
Return on equity (ROE) 6.14%
Retained earnings to average equity (YTD only) 3.37%
Net charge-offs to loans 0.37%
Credit loss provision to net charge-offs 132.70%
Efficiency ratio4.91%
Assets per employee$72,839
Cash dividends to net income (YTD only)2.93%
Condition Ratios (%)
Loss allowance to loans 45.12%
Loss allowance to noncurrent loans 1.35%
Noncurrent assets plus other real estate owned to assets 79.10%
Noncurrent loans to loans 1.22%
Net loans and leases to deposits1.71%
Net loans and leases to core deposits 71.13%
Equity capital to assets 76.97%
Core capital (leverage) ratio 9.36%
Tier 1 risk-based capital ratio 8.88%
Total risk-based capital ratio 15.82%
Memoranda
Average assets$17
Average earning assets$185,128
Average equity $16,849
Average loans $169,291
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5 Indiana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08294Owen County State Bank201 West Morgan Street, Spencer, IN 47460January 01, 1934Full Service Brick and Mortar
1229144Coal City BranchMain Street, Coal City, IN 47427January 03, 1966Full Service Brick and Mortar
2229145Gosport BranchWest Main Street, Gosport, IN 47433May 09, 1945Full Service Brick and Mortar
3229146East Morgan Street Branch524 East Morgan Street, Spencer, IN 47460November 17, 1989Full Service Brick and Mortar
5477881Bloomington Branch3419 West State Road 46, Bloomington, IN 47401July 01, 2008Full Service Brick and Mortar
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