State Bank of Burnettsville in Burnettsville, Indiana (IN)



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State Bank of Burnettsville routing number info

Table of contents:
State Bank of Burnettsville
GeneralFDIC Certificate #: 14061
Status: Active
Federal Reserve ID: 225241
Bank Holding Company (Regulatory Top Holder): Sbb Bancshares, Inc. (RSSDID: 2634221, Location: Burnettsville, IN)
Date Established: July 10, 1902
WWW: http://www.bvillebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 8787
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: March 14, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 324 South Main Street, Burnettsville, IN 47926
County: White
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
History of ChangesCorrections
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $41.6 mil
Equity capital: $4.3 mil
Deposits held in domestic offices: $36.4 mil
Return on assets (ROA): 0.79% ($0.3 mil)
Quarterly return on assets: -1.61% (-$0.7 mil)
Return on Equity (ROE): 7.34% ($0.3 mil)
Quarterly return on equity: -14.50% (-$0.6 mil)
Net income: $0.3 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: 1.35% ($561.5 mil)
Quarterly Pretax return on assets: 0.55% ($228.7 mil)

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)10
Total assets$41,590
Cash and due from depository institutions$1,512
Interest-bearing balances$0
Securities$9,607
Federal funds sold & reverse repurchase agreements$3,972
Net loans & leases$25,745
Loan loss allowance $446
Trading account assets$0
Bank premises and fixed assets$123
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$631
Life insurance assets$41,590
Total liabilities and capital$37,295
Total liabilities$36,381
Total deposits$27,478
Interest-bearing deposits$36,381
Deposits held in domestic offices$90
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$413
Other borrowed funds $0
Subordinated debt $501
All other liabilities $4,295
Total equity capital$4,295
Total bank equity capital$4,295
Perpetual preferred stock$0
Common stock$138
Surplus$782
Undivided profits $3,375
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $2
Earning assets $0
Long-term assets (5+ years) $294
Average Assets, year-to-date $39,324
Average Assets, quarterly $21,017
Volatile liabilities $38,883
Insider loans $39,513
FHLB advances $26,524
Loans and leases held for sale $39,443
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $4,074
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $2,271
Derivatives$1,383
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,017
Total interest expense $339
Net interest income $1,678
Provision for loan and lease losses $110
Total noninterest income $207
Fiduciary activities $0
Service charges on deposit accounts $172
Trading account gains & fees $0
Additional noninterest income $35
Total noninterest expense $1,273
Salaries and employee benefits $651
Premises and equipment expense $150
Additional noninterest expense $472
Pre-tax net operating income $502
Securities gains (losses) $24
Applicable income taxes $217
Income before extraordinary items $309
Extraordinary gains - net $0
Net income attributable to bank $309
Net charge-offs $0
Cash dividends $309
Sale, conversion, retirement of capital stock, net -$14
Net operating income $42
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.51%
Cost of funding earning assets 0.93%
Net interest margin 4.58%
Noninterest income to earning assets 0.57%
Noninterest expense to earning assets 3.47%
Net operating income to assets 0.76%
Return on assets (ROA) 0.79%
Pretax return on assets 1.35%
Return on equity (ROE) 7.34%
Retained earnings to average equity (YTD only) 6.34%
Net charge-offs to loans -0.05%
Credit loss provision to net charge-offs -785.71%
Efficiency ratio0.00%
Assets per employee$67,533
Cash dividends to net income (YTD only)4.16%
Condition Ratios (%)
Loss allowance to loans 13.59%
Loss allowance to noncurrent loans 1.70%
Noncurrent assets plus other real estate owned to assets 22300.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.01%
Net loans and leases to core deposits 70.76%
Equity capital to assets 78.92%
Core capital (leverage) ratio 10.33%
Tier 1 risk-based capital ratio 10.33%
Total risk-based capital ratio 15.36%
Memoranda
Average assets$17
Average earning assets$38,883
Average equity $4,211
Average loans $36,634
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$568
Number of Accounts1
Personal trust and agency accounts$568
Employee benefit-defined contribution accounts$568
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts60
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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2 Indiana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08787State Bank Of Burnettsville324 South Main Street, Burnettsville, IN 47926July 10, 1902Full Service Brick and Mortar
1432443Monticello Branch902 North Sixth Street, Monticello, IN 47960October 04, 2004Full Service Brick and Mortar
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