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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with People's Bank and Trust Company.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents