- bankencyclopedia.com
- Banks in Indiana (IN)
- Sand Ridge Bank
Sand Ridge Bank in Highland, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of August 19, 2005
- Sand Ridge Bank in Highland, Indiana (IN)
-
Show street view
No street view available for this location
Sand Ridge Bank - Overview
- General
- FDIC Certificate #: 20086
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Financial Bank, National Association (#6600)
Federal Reserve ID: 244345
Date Established: December 10, 1969
WWW: http://www.sandridgebank.com
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 17 (Interstate: No)
OTS Docket #: 9588
FDIC's unique #: 13798
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: December 10, 1969
Last Structure Change Effective Date: August 19, 2005
Last Structure Change Process Date: September 14, 2005
Last Data Update: September 14, 2005
Data Source Date: April 05, 2012 - Location
- Address: 2611 Highway Avenue, Highland, IN 46322
County: Lake
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): Gary, IN (#2960)
Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
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: $901.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
- Dollar figures in thousands
- 327Total employees (full-time equivalent)
- $882,579Total assets
- $38,680Cash and due from depository institutions
- $5,047Interest-bearing balances
- $206,357Securities
- $4,900Federal funds sold & reverse repurchase agreements
- $593,088Net loans & leases
- $8,051Loan loss allowance
- $0Trading account assets
- $12,800Bank premises and fixed assets
- $503Other real estate owned
- $606Goodwill and other intangibles
- $0Life insurance assets
- $25,645All other assets
- $882,579Total liabilities and capital
- $817,088Total liabilities
- $699,504Total deposits
- $585,819Interest-bearing deposits
- $699,504Deposits held in domestic offices
- 0.00%% insured (estimated)
- $13,577Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $99,511Other borrowed funds
- $0Subordinated debt
- $4,496All other liabilities
- $65,491Total equity capital
- $65,491Total bank equity capital
- $65,491Perpetual preferred stock
- $0Common stock
- $600Surplus
- $28,780Undivided profits
- Memoranda
- $36,111Noncurrent loans and leases
- $70,694Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $6,240Earning assets
- $1Long-term assets (5+ years)
- $8,464Average Assets, year-to-date
- $809,392Average Assets, quarterly
- $418,798Volatile liabilities
- $872,994Insider loans
- $880,766FHLB advances
- $111,941Loans and leases held for sale
- $6,225Unused loan commitments
- $90,378Tier 1 (core) risk-based capital
- $454Tier 2 risk-based capital
- $0Total risk weighted assets
- $70,694Total unused commitments
- $75Restructured Loans and leases
- $6,939Derivatives
Income and Expense (December 31, 2004)
- Dollar figures in thousands
- $44,326Total interest income
- $13,560Total interest expense
- $30,766Net interest income
- $1,110Provision for loan and lease losses
- $9,720Total noninterest income
- $519Fiduciary activities
- $5,315Service charges on deposit accounts
- $0Trading account gains & fees
- $3,886Additional noninterest income
- $24,097Total noninterest expense
- $11,898Salaries and employee benefits
- $2,528Premises and equipment expense
- $9,671Additional noninterest expense
- $15,279Pre-tax net operating income
- $5Securities gains (losses)
- $4,678Applicable income taxes
- $10,606Income before extraordinary items
- $0Extraordinary gains - net
- $10,606Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $1,472Sale, conversion, retirement of capital stock, net
- $8,300Net operating income
Performance and Condition Ratios (December 31, 2004)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 5.54%Yield on earning assets
- 1.70%Cost of funding earning assets
- 3.85%Net interest margin
- 1.22%Noninterest income to earning assets
- 3.01%Noninterest expense to earning assets
- 1.21%Net operating income to assets
- 1.21%Return on assets (ROA)
- 1.75%Pretax return on assets
- 16.29%Return on equity (ROE)
- 3.54%Retained earnings to average equity (YTD only)
- 0.25%Net charge-offs to loans
- 75.41%Credit loss provision to net charge-offs
- 11.13%Efficiency ratio
- 59,519Assets per employee
- 2.70%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 78.26%Loss allowance to loans
- 1.34%Loss allowance to noncurrent loans
- 129.02%Noncurrent assets plus other real estate owned to assets
- 0.76%Noncurrent loans to loans
- 1.04%Net loans and leases to deposits
- 84.79%Net loans and leases to core deposits
- 96.39%Equity capital to assets
- 7.42%Core capital (leverage) ratio
- 7.30%Tier 1 risk-based capital ratio
- 11.48%Total risk-based capital ratio
- Memoranda
- $13Average assets
- $872,994Average earning assets
- $65,110Average equity
- $799,490Average loans
Total Fiduciary and Related Assets (December 31, 2004)
- Dollar figures in thousands
- $1Total fiduciary and related assets
- 1Number of Fiduciary Accounts and Related Asset Accounts
- YesFiduciary powers granted
- YesFiduciary or related activity
- $83,461Managed Assets
- 1Number of Accounts
- $76,318Personal trust and agency accounts
- $41,704Employee benefit-defined contribution accounts
- $6,121Employee benefit-defined benefit accounts
- $0Other retirement accounts
- $2,815Corporate trust and agency accounts
- $10,432Investment management agency accounts
- $15,246Other fiduciary accounts
- $0Fiduciary accounts held in foreign offices
- $0Non-managed Assets
- 198Number of Accounts
- $0Personal trust and agency accounts
- $0Employee benefit-defined contribution accounts
- $0Employee benefit-defined benefit accounts
- $7,143Other retirement accounts
- $5,425Corporate trust and agency accounts
- $0Other fiduciary accounts
- $1,717Fiduciary accounts held in foreign offices
- bankencyclopedia.com
- Banks in Indiana (IN)
- Sand Ridge Bank
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Sand Ridge Bank.
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.