Peoples Federal Savings Bank of DeKalb County in Auburn, Indiana (IN), MI



Show street view No street view available for this location
Table of contents:
Peoples Federal Savings Bank of DeKalb County
GeneralFDIC Certificate #: 29789
Status: Active
Federal Reserve ID: 602972
Date Established: January 01, 1925
WWW: http://www.peoplesfed.com
Trust Powers Granted: Yes
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 15 (Domestic: 15, Interstate: Yes)
OTS Docket #: 4091
FDIC's unique #: 42623
Numeric code: 33
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Mortgage Lending Specialization
Date of Deposit Insurance: May 15, 1937
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
LocationAddress: 212 West Seventh Street, Auburn, IN 46706
County: Dekalb
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): Fort Wayne, IN (#2760)
Combined Statistical Area (CSA): Fort Wayne-Huntington-Auburn, IN (#258)
Core Based Statistical Area (CBSA): Auburn, IN (#12140)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Primary Regulatory Agency
Financial SummaryTotal assets: $484.6 mil
Equity capital: $56.9 mil
Deposits held in domestic offices: $362.5 mil
Return on assets (ROA): 0.80% ($3.9 mil)
Quarterly return on assets: 0.72% ($3.5 mil)
Return on Equity (ROE): 6.88% ($3.9 mil)
Quarterly return on equity: 6.12% ($3.5 mil)
Net income: $3.8 mil
Quarterly Net income: $0.9 mil
Pretax return on assets: 0.95% ($4,603.6 mil)
Quarterly Pretax return on assets: 0.82% ($3,973.7 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)138
Total assets$484,594
Cash and due from depository institutions$9,836
Interest-bearing balances$2,581
Securities$219,666
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$224,820
Loan loss allowance $2,527
Trading account assets$0
Bank premises and fixed assets$5,178
Other real estate owned$1,301
Goodwill and other intangibles$2,835
All other assets$20,958
Life insurance assets$484,594
Total liabilities and capital$427,656
Total liabilities$362,531
Total deposits$336,156
Interest-bearing deposits$362,531
Deposits held in domestic offices$87
% insured (estimated)1357.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$60,719
Other borrowed funds $0
Subordinated debt $3,049
All other liabilities $56,938
Total equity capital$56,938
Total bank equity capital$56,938
Perpetual preferred stock$0
Common stock$10
Surplus$23,685
Undivided profits $33,243
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 $680
Earning assets $0
Long-term assets (5+ years) $2,360
Average Assets, year-to-date $447,067
Average Assets, quarterly $0
Volatile liabilities $476,106
Insider loans $482,589
FHLB advances $240,400
Loans and leases held for sale $476,822
Unused loan commitments $12,557
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $50,967
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $52,086
Derivatives$1,310
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $19,481
Total interest expense $6,170
Net interest income $13,311
Provision for loan and lease losses $410
Total noninterest income $2,838
Fiduciary activities $0
Service charges on deposit accounts $510
Trading account gains & fees $0
Additional noninterest income $2,328
Total noninterest expense $11,992
Salaries and employee benefits $7,399
Premises and equipment expense $2,563
Additional noninterest expense $2,030
Pre-tax net operating income $3,747
Securities gains (losses) $798
Applicable income taxes $718
Income before extraordinary items $3,827
Extraordinary gains - net $0
Net income attributable to bank $3,827
Net charge-offs $0
Cash dividends $3,827
Sale, conversion, retirement of capital stock, net $528
Net operating income $6,050
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.41%
Cost of funding earning assets 1.40%
Net interest margin 3.02%
Noninterest income to earning assets 0.64%
Noninterest expense to earning assets 2.72%
Net operating income to assets 0.66%
Return on assets (ROA) 0.80%
Pretax return on assets 0.95%
Return on equity (ROE) 6.88%
Retained earnings to average equity (YTD only) -4.00%
Net charge-offs to loans 0.23%
Credit loss provision to net charge-offs 77.65%
Efficiency ratio7.87%
Assets per employee$74,184
Cash dividends to net income (YTD only)3.51%
Condition Ratios (%)
Loss allowance to loans 158.09%
Loss allowance to noncurrent loans 1.11%
Noncurrent assets plus other real estate owned to assets 371.62%
Noncurrent loans to loans 0.41%
Net loans and leases to deposits0.30%
Net loans and leases to core deposits 62.01%
Equity capital to assets 66.82%
Core capital (leverage) ratio 11.75%
Tier 1 risk-based capital ratio 10.69%
Total risk-based capital ratio 21.20%
Memoranda
Average assets$22
Average earning assets$476,106
Average equity $55,627
Average loans $441,260
Back to page top, Back to table top

Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$93,148
Number of Accounts1
Personal trust and agency accounts$73,405
Employee benefit-defined contribution accounts$34,096
Employee benefit-defined benefit accounts$1,369
Other retirement accounts$0
Corporate trust and agency accounts$5,678
Investment management agency accounts$0
Other fiduciary accounts$19,830
Fiduciary accounts held in foreign offices$12,432
Non-managed Assets$0
Number of Accounts517
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$5,678
Employee benefit-defined benefit accounts$0
Other retirement accounts$19,743
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$15,513
Back to page top, Back to table top

11 Indiana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
042623Peoples Federal Savings Bank Of Deka212 West Seventh Street, Auburn, IN 46706January 01, 1925Full Service Brick and Mortar
1277168Garrett Branch1212 S Randolph St, Garrett, IN 46738January 01, 1925Full Service Brick and Mortar
100277169Columbia City Branch123-129 South Main Street, Columbia City, IN 46725January 01, 1925Full Service Brick and Mortar
101277170Lagrange Branch114-118 S. Detroit Street, Lagrange, IN 46761January 01, 1925Full Service Brick and Mortar
10341344Kendallville Branch116 West Mitchell Street, Kendallville, IN 46755January 01, 1885Full Service Brick and Mortar
104268025Avilla Branch105 Main Street, Avilla, IN 46710January 01, 1885Full Service Brick and Mortar
105277172North Main Street Branch507 North Main Street, Columbia City, IN 46725April 20, 1998Full Service Brick and Mortar
106359117Waterloo Branch625 S. Wayne Street, Waterloo, IN 46793August 06, 1999Full Service Brick and Mortar
107446110Topeka Branch210 West Lake Street, Topeka, IN 46571Febuary 01, 2002Full Service Brick and Mortar
112264845Defiance Street Branch303 Defiance Street, Howe, IN 46746Febuary 16, 1998Full Service Brick and Mortar
113264846420 North Main Street Branch420 North Main Street, Middlebury, IN 46540May 27, 1998Full Service Brick and Mortar
Back to page top

4 Michigan Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
10840893Three Rivers Branch123 Portage Avenue, Three Rivers, MI 49093January 01, 1886Full Service Brick and Mortar
109264839500 North Grand Branch500 North Grand, Schoolcraft, MI 49087January 01, 1886Full Service Brick and Mortar
110264840U S 12 And Union Road BranchUs Highway 12 And Union Road, Union, MI 49130January 01, 1886Full Service Brick and Mortar
1112648441213 W Michigan Branch1213 West Michigan, Three Rivers, MI 49093June 30, 1989Full Service Brick and Mortar
Back to page top

User Contributions:

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

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Peoples Federal Savings Bank of DeKalb County.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.