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)
  • Show street view No street view available for this location

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

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 Society National Bank, Indiana.
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