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

This bank is inactive as of November 15, 1997

  • Star Financial Bank, New Castle, Indiana in New Castle, Indiana (IN)
  • Show street view No street view available for this location

Star Financial Bank, New Castle, Indiana - Overview

  • General
  • FDIC Certificate #: 8055
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: STAR Financial Bank (#27235)
    Federal Reserve ID: 94643
    Date Established: January 01, 1904
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 11035
    FDIC's unique #: 5124
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 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: 403 Parkview Drive, New Castle, IN 47362
    County: Henry
    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
    Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294)
    Core Based Statistical Area (CBSA): New Castle, IN (#35220)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $165.5 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)
  • $62Total assets
  • $149,474Cash and due from depository institutions
  • $7,200Interest-bearing balances
  • $0Securities
  • $21,572Federal funds sold & reverse repurchase agreements
  • $950Net loans & leases
  • $114,536Loan loss allowance
  • $1,665Trading account assets
  • $0Bank premises and fixed assets
  • $2,473Other real estate owned
  • $100Goodwill and other intangibles
  • $2,643Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $149,474Total liabilities
  • $139,036Total deposits
  • $128,696Interest-bearing deposits
  • $110,524Deposits held in domestic offices
  • 128696.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $4,239Trading liabilities
  • $0Other borrowed funds
  • $5,152Subordinated debt
  • $0All other liabilities
  • $949Total equity capital
  • $949Total bank equity capital
  • $10,438Perpetual preferred stock
  • $0Common stock
  • $320Surplus
  • $3,440Undivided profits
  • Memoranda
  • $6,678Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $248Income earned, not collected on loans
  • $873Earning assets
  • $137,058Long-term assets (5+ years)
  • $18,525Average Assets, year-to-date
  • $147,699Average Assets, quarterly
  • $155,016Volatile liabilities
  • $17,242Insider loans
  • $1,187FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $14,840Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,394Total risk weighted assets
  • $116,434Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $11,819Total interest expense
  • $5,601Net interest income
  • $6,218Provision for loan and lease losses
  • $480Total noninterest income
  • $1,257Fiduciary activities
  • $0Service charges on deposit accounts
  • $648Trading account gains & fees
  • $0Additional noninterest income
  • $609Total noninterest expense
  • $4,636Salaries and employee benefits
  • $1,639Premises and equipment expense
  • $804Additional noninterest expense
  • $2,193Pre-tax net operating income
  • $2,359Securities gains (losses)
  • $4Applicable income taxes
  • $814Income before extraordinary items
  • $1,549Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,549Net charge-offs
  • $310Cash dividends
  • $558Sale, 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
  • 8.83%Cost of funding earning assets
  • 4.19%Net interest margin
  • 4.65%Noninterest income to earning assets
  • 0.94%Noninterest expense to earning assets
  • 3.46%Net operating income to assets
  • 1.05%Return on assets (ROA)
  • 1.05%Pretax return on assets
  • 1.60%Return on equity (ROE)
  • 15.69%Retained earnings to average equity (YTD only)
  • 10.04%Net charge-offs to loans
  • 0.29%Credit loss provision to net charge-offs
  • 154.84%Efficiency ratio
  • 62,020Assets per employee
  • 2.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.02%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 671.37%Noncurrent assets plus other real estate owned to assets
  • 0.23%Noncurrent loans to loans
  • 0.21%Net loans and leases to deposits
  • 89.00%Net loans and leases to core deposits
  • 98.87%Equity capital to assets
  • 6.98%Core capital (leverage) ratio
  • 6.72%Tier 1 risk-based capital ratio
  • 8.93%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $147,699Average earning assets
  • $9,873Average equity
  • $133,834Average loans

Comment about this bank, ask questions, or add new information about it:

Could not connect to database: Access denied for user 'buser'@'10.36.238.66' (using password: YES)
CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Star Financial Bank, New Castle, Indiana.
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.
Table of Contents