The Merchants National Bank of Terre Haute in Terre Haute, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 12, 1996

  • The Merchants National Bank of Terre Haute in Terre Haute, Indiana (IN)
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The Merchants National Bank of Terre Haute - Overview

  • General
  • FDIC Certificate #: 13646
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Merchants National Bank of Terre Haute (#12849)
    Federal Reserve ID: 996448
    Date Established: January 15, 1934
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    OTS Docket #: 9370
    FDIC's unique #: 8529
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 15, 1934
    Last Structure Change Effective Date: April 12, 1996
    Last Structure Change Process Date: April 30, 1996
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 701 Wabash Avenue, Terre Haute, IN 47808
    County: Vigo
    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): Terre Haute, IN (#8320)
    Core Based Statistical Area (CBSA): Terre Haute, IN (#45460)
    CBSA Metro Statistical Area: Terre Haute, IN (#45460)
  • Financial Summary
  • Total assets: $365.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $171Total assets
  • $376,707Cash and due from depository institutions
  • $26,123Interest-bearing balances
  • $0Securities
  • $57,187Federal funds sold & reverse repurchase agreements
  • $7,973Net loans & leases
  • $275,312Loan loss allowance
  • $3,176Trading account assets
  • $0Bank premises and fixed assets
  • $4,223Other real estate owned
  • $0Goodwill and other intangibles
  • $5,889Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $376,707Total liabilities
  • $341,064Total deposits
  • $317,177Interest-bearing deposits
  • $273,395Deposits held in domestic offices
  • 317177.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $13,988Trading liabilities
  • $0Other borrowed funds
  • $5,356Subordinated debt
  • $0All other liabilities
  • $4,543Total equity capital
  • $4,543Total bank equity capital
  • $35,643Perpetual preferred stock
  • $0Common stock
  • $6,495Surplus
  • $6,495Undivided profits
  • Memoranda
  • $22,653Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $724Income earned, not collected on loans
  • $1,570Earning assets
  • $340,472Long-term assets (5+ years)
  • $32,917Average Assets, year-to-date
  • $366,939Average Assets, quarterly
  • $373,117Volatile liabilities
  • $40,068Insider loans
  • $7,804FHLB advances
  • $0Loans and leases held for sale
  • $485Unused loan commitments
  • $66,095Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $35,273Total risk weighted assets
  • $253,712Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $27,489Total interest expense
  • $12,848Net interest income
  • $14,641Provision for loan and lease losses
  • $580Total noninterest income
  • $3,028Fiduciary activities
  • $332Service charges on deposit accounts
  • $1,180Trading account gains & fees
  • $0Additional noninterest income
  • $1,516Total noninterest expense
  • $9,336Salaries and employee benefits
  • $5,029Premises and equipment expense
  • $1,188Additional noninterest expense
  • $3,119Pre-tax net operating income
  • $7,753Securities gains (losses)
  • $0Applicable income taxes
  • $2,702Income before extraordinary items
  • $5,051Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,051Net charge-offs
  • $373Cash dividends
  • $5,120Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.28%Cost of funding earning assets
  • 3.87%Net interest margin
  • 4.41%Noninterest income to earning assets
  • 0.91%Noninterest expense to earning assets
  • 2.81%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 2.11%Return on equity (ROE)
  • 14.15%Retained earnings to average equity (YTD only)
  • -0.19%Net charge-offs to loans
  • 0.14%Credit loss provision to net charge-offs
  • 155.50%Efficiency ratio
  • 52,838Assets per employee
  • 2.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 101.37%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 438.67%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.26%Net loans and leases to deposits
  • 86.80%Net loans and leases to core deposits
  • 92.87%Equity capital to assets
  • 9.46%Core capital (leverage) ratio
  • 9.59%Tier 1 risk-based capital ratio
  • 13.90%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $366,939Average earning assets
  • $35,705Average equity
  • $331,817Average loans

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