Scottsburg Building and Loan Association in Scottsburg, Indiana (IN)

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Scottsburg Building and Loan Association
GeneralFDIC Certificate #: 29910
Status: Active
Federal Reserve ID: 735973
Date Established: January 01, 1889
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 4315
FDIC's unique #: 42744
Numeric code: 37
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: June 29, 1942
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: 306 West Mcclain Street, Scottsburg, IN 47170
County: Scott
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): Louisville, KY-IN (#4520)
Combined Statistical Area (CSA): Louisville-Jefferson County-Elizabethtown-Scottsburg, KY-IN (#350)
Core Based Statistical Area (CBSA): Scottsburg, IN (#42500)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Primary Regulatory Agency
Financial SummaryTotal assets: $88.5 mil
Equity capital: $11.0 mil
Deposits held in domestic offices: $66.5 mil
Return on assets (ROA): 0.40% ($0.4 mil)
Quarterly return on assets: 0.24% ($0.2 mil)
Return on Equity (ROE): 3.24% ($0.4 mil)
Quarterly return on equity: 1.88% ($0.2 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.51% ($451.4 mil)
Quarterly Pretax return on assets: 0.34% ($300.9 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)9
Total assets$88,506
Cash and due from depository institutions$1,750
Interest-bearing balances$1,668
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$43,358
Loan loss allowance $250
Trading account assets$0
Bank premises and fixed assets$378
Other real estate owned$88
Goodwill and other intangibles$0
All other assets$6,249
Life insurance assets$88,506
Total liabilities and capital$77,504
Total liabilities$66,544
Total deposits$66,468
Interest-bearing deposits$66,544
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$10,000
Other borrowed funds $0
Subordinated debt $960
All other liabilities $11,002
Total equity capital$11,002
Total bank equity capital$11,002
Perpetual preferred stock$0
Common stock$1
Undivided profits $11,001
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 $285
Earning assets $0
Long-term assets (5+ years) $274
Average Assets, year-to-date $81,709
Average Assets, quarterly $0
Volatile liabilities $88,416
Insider loans $86,985
FHLB advances $43,926
Loans and leases held for sale $88,730
Unused loan commitments $4,167
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $11,226
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,144
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,809
Total interest expense $1,802
Net interest income $2,007
Provision for loan and lease losses $163
Total noninterest income $124
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $124
Total noninterest expense $1,642
Salaries and employee benefits $1,058
Premises and equipment expense $299
Additional noninterest expense $285
Pre-tax net operating income $326
Securities gains (losses) $128
Applicable income taxes $98
Income before extraordinary items $356
Extraordinary gains - net $0
Net income attributable to bank $356
Net charge-offs $0
Cash dividends $356
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.66%
Cost of funding earning assets 2.21%
Net interest margin 2.46%
Noninterest income to earning assets 0.15%
Noninterest expense to earning assets 2.01%
Net operating income to assets 0.29%
Return on assets (ROA) 0.40%
Pretax return on assets 0.51%
Return on equity (ROE) 3.24%
Retained earnings to average equity (YTD only) 3.24%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$77,053
Cash dividends to net income (YTD only)9.83%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.57%
Noncurrent assets plus other real estate owned to assets 87.72%
Noncurrent loans to loans 0.42%
Net loans and leases to deposits0.65%
Net loans and leases to core deposits 65.16%
Equity capital to assets 74.26%
Core capital (leverage) ratio 12.43%
Tier 1 risk-based capital ratio 12.65%
Total risk-based capital ratio 25.56%
Average assets$26
Average earning assets$88,416
Average equity $11,000
Average loans $81,671
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1 Indiana Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
042744Scottsburg Building And Loan Associa306 West Mcclain Street, Scottsburg, IN 47170January 01, 1889Full Service Brick and Mortar
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