Society National Bank, Indiana in South Bend, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 07, 1996

  • Society National Bank, Indiana in South Bend, Indiana (IN)
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Society National Bank, Indiana - Overview

  • General
  • FDIC Certificate #: 4336
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Keybank National Association (#21735)
    Federal Reserve ID: 962742
    Date Established: January 01, 1842
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 94 (Interstate: No)
    OTS Docket #: 11251
    FDIC's unique #: 2846
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 07, 1996
    Last Structure Change Process Date: Febuary 08, 1996
    Last Data Update: Febuary 08, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 202 South Michigan Street, South Bend, IN 46624
    County: St Joseph
    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): South Bend, IN (#7800)
    Combined Statistical Area (CSA): South Bend-Elkhart-Mishawaka, IN-MI (#515)
    Core Based Statistical Area (CBSA): South Bend-Mishawaka, IN-MI (#43780)
    CBSA Metro Statistical Area: South Bend-Mishawaka, IN-MI (#43780)
  • Financial Summary
  • Total assets: $3,590.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $870Total assets
  • $3,590,108Cash and due from depository institutions
  • $225,022Interest-bearing balances
  • $100Securities
  • $954,028Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $2,184,178Loan loss allowance
  • $66,736Trading account assets
  • $2,828Bank premises and fixed assets
  • $38,857Other real estate owned
  • $1,860Goodwill and other intangibles
  • $127,704Life insurance assets
  • $55,631All other assets
  • $0Total liabilities and capital
  • $3,590,108Total liabilities
  • $3,257,623Total deposits
  • $2,412,143Interest-bearing deposits
  • $1,903,736Deposits held in domestic offices
  • 2412143.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $459,808Trading liabilities
  • $2,828Other borrowed funds
  • $316,333Subordinated debt
  • $500All other liabilities
  • $66,011Total equity capital
  • $66,011Total bank equity capital
  • $332,485Perpetual preferred stock
  • $0Common stock
  • $17,121Surplus
  • $267,915Undivided profits
  • Memoranda
  • $47,449Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,925Income earned, not collected on loans
  • $17,382Earning assets
  • $3,138,306Long-term assets (5+ years)
  • $1,297,603Average Assets, year-to-date
  • $3,688,290Average Assets, quarterly
  • $3,606,049Volatile liabilities
  • $965,917Insider loans
  • $83,048FHLB advances
  • $0Loans and leases held for sale
  • $28,874Unused loan commitments
  • $972,851Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $269,075Total risk weighted assets
  • $2,703,518Total unused commitments
  • $0Restructured Loans and leases
  • $776,253Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $282,198Total interest expense
  • $136,262Net interest income
  • $145,936Provision for loan and lease losses
  • $0Total noninterest income
  • $29,499Fiduciary activities
  • $87Service charges on deposit accounts
  • $14,014Trading account gains & fees
  • $253Additional noninterest income
  • $15,145Total noninterest expense
  • $110,463Salaries and employee benefits
  • $34,266Premises and equipment expense
  • $11,754Additional noninterest expense
  • $64,443Pre-tax net operating income
  • $64,972Securities gains (losses)
  • -$4,305Applicable income taxes
  • $16,490Income before extraordinary items
  • $44,177Extraordinary gains - net
  • $0Net income attributable to bank
  • $44,177Net charge-offs
  • $690Cash dividends
  • $20,001Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.56%Cost of funding earning assets
  • 4.14%Net interest margin
  • 4.43%Noninterest income to earning assets
  • 0.90%Noninterest expense to earning assets
  • 3.35%Net operating income to assets
  • 1.28%Return on assets (ROA)
  • 1.20%Pretax return on assets
  • 1.64%Return on equity (ROE)
  • 14.01%Retained earnings to average equity (YTD only)
  • 7.67%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 59,492Assets per employee
  • 4.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.27%Loss allowance to loans
  • 2.96%Loss allowance to noncurrent loans
  • 447.14%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 90.55%Net loans and leases to core deposits
  • 98.44%Equity capital to assets
  • 9.26%Core capital (leverage) ratio
  • 7.70%Tier 1 risk-based capital ratio
  • 9.95%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $3,688,290Average earning assets
  • $315,323Average equity
  • $3,295,299Average loans

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