People's Bank and Trust Company in Mount Vernon, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 17, 1997

  • People's Bank and Trust Company in Mount Vernon, Indiana (IN)
  • Show street view No street view available for this location

People's Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 12852
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Old National Bank (#4393)
    Federal Reserve ID: 178749
    Date Established: January 01, 1907
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 10692
    FDIC's unique #: 8135
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 17, 1997
    Last Structure Change Process Date: November 17, 1997
    Last Data Update: November 17, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 402 Main Street, Mount Vernon, IN 47620
    County: Posey
    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): Evansville-Henderson, IN-KY (#2440)
    Core Based Statistical Area (CBSA): Evansville, IN-KY (#21780)
    CBSA Metro Statistical Area: Evansville, IN-KY (#21780)
  • Financial Summary
  • Total assets: $114.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $31Total assets
  • $119,381Cash and due from depository institutions
  • $8,057Interest-bearing balances
  • $5Securities
  • $29,987Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $76,777Loan loss allowance
  • $1,097Trading account assets
  • $0Bank premises and fixed assets
  • $3,047Other real estate owned
  • $0Goodwill and other intangibles
  • $1,513Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $119,381Total liabilities
  • $107,201Total deposits
  • $93,902Interest-bearing deposits
  • $82,082Deposits held in domestic offices
  • 93902.00%% insured (estimated)
  • $78Federal funds purchased & repurchase agreements
  • $8,602Trading liabilities
  • $0Other borrowed funds
  • $3,000Subordinated debt
  • $0All other liabilities
  • $1,697Total equity capital
  • $1,697Total bank equity capital
  • $12,180Perpetual preferred stock
  • $0Common stock
  • $2,250Surplus
  • $4,500Undivided profits
  • Memoranda
  • $5,430Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $384Income earned, not collected on loans
  • $983Earning assets
  • $106,769Long-term assets (5+ years)
  • $46,343Average Assets, year-to-date
  • $118,059Average Assets, quarterly
  • $117,953Volatile liabilities
  • $25,864Insider loans
  • $7,287FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $11,068Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,624Total risk weighted assets
  • $75,722Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $8,958Total interest expense
  • $4,397Net interest income
  • $4,561Provision for loan and lease losses
  • $0Total noninterest income
  • $504Fiduciary activities
  • $55Service charges on deposit accounts
  • $324Trading account gains & fees
  • $0Additional noninterest income
  • $125Total noninterest expense
  • $2,441Salaries and employee benefits
  • $1,236Premises and equipment expense
  • $316Additional noninterest expense
  • $889Pre-tax net operating income
  • $2,624Securities gains (losses)
  • $689Applicable income taxes
  • $1,182Income before extraordinary items
  • $2,131Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,131Net charge-offs
  • $16Cash dividends
  • $1,250Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.09%Cost of funding earning assets
  • 3.97%Net interest margin
  • 4.12%Noninterest income to earning assets
  • 0.46%Noninterest expense to earning assets
  • 2.21%Net operating income to assets
  • 1.43%Return on assets (ROA)
  • 1.81%Pretax return on assets
  • 2.81%Return on equity (ROE)
  • 17.90%Retained earnings to average equity (YTD only)
  • 7.40%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 48,193Assets per employee
  • 3.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.66%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 285.68%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 81.76%Net loans and leases to core deposits
  • 96.41%Equity capital to assets
  • 10.20%Core capital (leverage) ratio
  • 9.71%Tier 1 risk-based capital ratio
  • 15.35%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $118,059Average earning assets
  • $11,903Average equity
  • $110,685Average loans

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