Star Financial Bank, Marion in Marion, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 15, 1997

  • Star Financial Bank, Marion in Marion, Indiana (IN)
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Star Financial Bank, Marion - Overview

  • General
  • FDIC Certificate #: 5773
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: STAR Financial Bank (#27235)
    Federal Reserve ID: 716347
    Date Established: November 01, 1913
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 10269
    FDIC's unique #: 3937
    Numeric code: 21
    Regulator: FDIC
    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: January 02, 1934
    Last Structure Change Effective Date: November 15, 1997
    Last Structure Change Process Date: December 31, 1997
    Last Data Update: December 31, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 315 South Adams Street, Marion, IN 46952
    County: Grant
    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
    Core Based Statistical Area (CBSA): Marion, IN (#31980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $194.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $114Total assets
  • $197,130Cash and due from depository institutions
  • $19,398Interest-bearing balances
  • $4,068Securities
  • $57,487Federal funds sold & reverse repurchase agreements
  • $9,275Net loans & leases
  • $101,059Loan loss allowance
  • $1,522Trading account assets
  • $0Bank premises and fixed assets
  • $3,993Other real estate owned
  • $135Goodwill and other intangibles
  • $3,065Life insurance assets
  • $2,718All other assets
  • $0Total liabilities and capital
  • $197,130Total liabilities
  • $183,083Total deposits
  • $148,439Interest-bearing deposits
  • $117,846Deposits held in domestic offices
  • 148439.00%% insured (estimated)
  • $66Federal funds purchased & repurchase agreements
  • $30,428Trading liabilities
  • $0Other borrowed funds
  • $2,275Subordinated debt
  • $0All other liabilities
  • $1,941Total equity capital
  • $1,941Total bank equity capital
  • $14,047Perpetual preferred stock
  • $0Common stock
  • $1,250Surplus
  • $5,440Undivided profits
  • Memoranda
  • $7,357Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $307Income earned, not collected on loans
  • $672Earning assets
  • $171,889Long-term assets (5+ years)
  • $39,140Average Assets, year-to-date
  • $195,857Average Assets, quarterly
  • $196,254Volatile liabilities
  • $44,140Insider loans
  • $3,061FHLB advances
  • $0Loans and leases held for sale
  • $246Unused loan commitments
  • $10,336Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,331Total risk weighted assets
  • $104,335Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,575Total interest expense
  • $6,683Net interest income
  • $6,892Provision for loan and lease losses
  • $250Total noninterest income
  • $2,570Fiduciary activities
  • $0Service charges on deposit accounts
  • $663Trading account gains & fees
  • $0Additional noninterest income
  • $1,907Total noninterest expense
  • $7,506Salaries and employee benefits
  • $3,053Premises and equipment expense
  • $1,124Additional noninterest expense
  • $3,329Pre-tax net operating income
  • $1,706Securities gains (losses)
  • $0Applicable income taxes
  • $466Income before extraordinary items
  • $1,240Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,240Net charge-offs
  • $337Cash dividends
  • $299Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.83%Cost of funding earning assets
  • 3.85%Net interest margin
  • 3.97%Noninterest income to earning assets
  • 1.48%Noninterest expense to earning assets
  • 4.33%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 0.87%Return on equity (ROE)
  • 9.18%Retained earnings to average equity (YTD only)
  • 6.97%Net charge-offs to loans
  • 0.33%Credit loss provision to net charge-offs
  • 74.18%Efficiency ratio
  • 76,104Assets per employee
  • 1.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.11%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 495.77%Noncurrent assets plus other real estate owned to assets
  • 0.22%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 68.08%Net loans and leases to core deposits
  • 73.76%Equity capital to assets
  • 7.13%Core capital (leverage) ratio
  • 5.89%Tier 1 risk-based capital ratio
  • 10.86%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $195,857Average earning assets
  • $13,507Average equity
  • $173,417Average loans

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