The Bippus State Bank in Huntington, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Bippus State Bank in Huntington, Indiana (IN)
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The Bippus State Bank - Overview

  • General
  • FDIC Certificate #: 1847
    Status: Active
    Federal Reserve ID: 443148
    Bank Holding Company (Regulatory Top Holder): Bippus State Corporation (RSSDID: 1210217, Location: Huntington, IN)
    Date Established: June 23, 1911
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 12387
    FDIC's unique #: 1230
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 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
  • Location
  • Address: 150 Hauenstein Road, Huntington, IN 46750
    County: Huntington
    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): Fort Wayne, IN (#2760)
    Combined Statistical Area (CSA): Fort Wayne-Huntington-Auburn, IN (#258)
    Core Based Statistical Area (CBSA): Huntington, IN (#26540)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $118.1 mil
    Equity capital: $11.7 mil
    Deposits held in domestic offices: $95.0 mil
    Return on assets (ROA): 1.45% ($1.7 mil)
    Quarterly return on assets: 1.79% ($2.1 mil)
    Return on Equity (ROE): 15.61% ($1.9 mil)
    Quarterly return on equity: 18.42% ($2.2 mil)
    Net income: $1.7 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.45% ($1,711.8 mil)
    Quarterly Pretax return on assets: 1.79% ($2,113.2 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
  • 38Total employees (full-time equivalent)
  • $118,058Total assets
  • $3,573Cash and due from depository institutions
  • $155Interest-bearing balances
  • $25,305Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $82,181Net loans & leases
  • $1,150Loan loss allowance
  • $0Trading account assets
  • $2,258Bank premises and fixed assets
  • $101Other real estate owned
  • $206Goodwill and other intangibles
  • $118,058Life insurance assets
  • $4,434All other assets
  • $106,324Total liabilities and capital
  • $94,980Total liabilities
  • $85,204Total deposits
  • $94,980Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 3438.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,500Trading liabilities
  • $0Other borrowed funds
  • $1,406Subordinated debt
  • $11,734All other liabilities
  • $11,734Total equity capital
  • $11,734Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $4,700Surplus
  • $6,784Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $150Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,356Income earned, not collected on loans
  • $1,138Earning assets
  • $1,038Long-term assets (5+ years)
  • $107,641Average Assets, year-to-date
  • $49,874Average Assets, quarterly
  • $117,860Volatile liabilities
  • $118,891Insider loans
  • $90,158FHLB advances
  • $119,270Loans and leases held for sale
  • $2,447Unused loan commitments
  • $967Tier 1 (core) risk-based capital
  • $11,261Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,480Total unused commitments
  • $16,485Restructured Loans and leases
  • $3,608Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,490Total interest income
  • $1,080Total interest expense
  • $4,410Net interest income
  • $87Provision for loan and lease losses
  • $1,236Total noninterest income
  • $38Fiduciary activities
  • $400Service charges on deposit accounts
  • $0Trading account gains & fees
  • $798Additional noninterest income
  • $3,880Total noninterest expense
  • $1,864Salaries and employee benefits
  • $589Premises and equipment expense
  • $1,427Additional noninterest expense
  • $1,679Pre-tax net operating income
  • $28Securities gains (losses)
  • $0Applicable income taxes
  • $1,707Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,707Net income attributable to bank
  • $0Net charge-offs
  • $1,707Cash dividends
  • $582Sale, conversion, retirement of capital stock, net
  • $646Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.07%Yield on earning assets
  • 1.00%Cost of funding earning assets
  • 4.08%Net interest margin
  • 1.14%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.45%Return on assets (ROA)
  • 1.45%Pretax return on assets
  • 15.61%Return on equity (ROE)
  • 9.70%Retained earnings to average equity (YTD only)
  • 0.71%Net charge-offs to loans
  • 14.95%Credit loss provision to net charge-offs
  • 3.03%Efficiency ratio
  • 68,721Assets per employee
  • 3.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.84%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 84.81%Noncurrent assets plus other real estate owned to assets
  • 1.23%Noncurrent loans to loans
  • 1.63%Net loans and leases to deposits
  • 86.52%Net loans and leases to core deposits
  • 88.17%Equity capital to assets
  • 9.94%Core capital (leverage) ratio
  • 9.44%Tier 1 risk-based capital ratio
  • 12.49%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $117,860Average earning assets
  • $10,935Average equity
  • $108,208Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $7,319Managed Assets
  • 1Number of Accounts
  • $5,644Personal trust and agency accounts
  • $5,644Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 26Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,675Other retirement accounts
  • $1,675Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 Indiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01230The Bippus State Bank150 Hauenstein Road, Huntington, IN 46750June 23, 1911Full Service Brick and Mortar
    2190221South Jefferson Street Branch1303 South Jefferson Street, Huntington, IN 46750April 19, 1995Full Service Brick and Mortar
    4422501Roanoke Branch201 N Main St, Roanoke, IN 46783January 13, 2003Full Service Brick and Mortar
    5454893North Manchester Branch106 West Street, North Manchester, IN 46962September 05, 2006Full Service Brick and Mortar

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