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)
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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

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