The Morris Plan Company of Terre Haute, Inc. - Overview
General
FDIC Certificate #: 32907 Status: Active Federal Reserve ID: 1826382 Bank Holding Company (Regulatory Top Holder): First Financial Corporation (RSSDID: 1208595, Location: Terre Haute, IN) Date Established: July 27, 1962 WWW:http://www.first-online.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 11195 FDIC's unique #: 45819 Numeric code: 23 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: Consumer Lending Specialization Date of Deposit Insurance: March 23, 1990 Last Structure Change Effective Date: August 15, 2007 Last Structure Change Process Date: August 15, 2007 Last Data Update: August 15, 2007 Data Source Date: April 05, 2012
Location
Address: 817 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: $71.9 mil Equity capital: $13.4 mil Deposits held in domestic offices: $56.0 mil Return on assets (ROA): 4.60% ($3.3 mil) Quarterly return on assets: 4.48% ($3.2 mil) Return on Equity (ROE): 26.35% ($3.4 mil) Quarterly return on equity: 24.22% ($3.1 mil) Net income: $3.2 mil Quarterly Net income: $0.8 mil Pretax return on assets: 7.61% ($5,473.6 mil) Quarterly Pretax return on assets: 7.16% ($5,149.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
22Total employees (full-time equivalent)
$71,926Total assets
$834Cash and due from depository institutions
$103Interest-bearing balances
$817Securities
$3,800Federal funds sold & reverse repurchase agreements
$60,047Net loans & leases
$3,143Loan loss allowance
$0Trading account assets
$20Bank premises and fixed assets
$165Other real estate owned
$0Goodwill and other intangibles
$71,926Life insurance assets
$6,243All other assets
$58,511Total liabilities and capital
$56,039Total liabilities
$55,773Total deposits
$56,039Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,000Trading liabilities
$0Other borrowed funds
$472Subordinated debt
$13,415All other liabilities
$13,415Total equity capital
$13,415Total bank equity capital
$0Perpetual preferred stock
$59Common stock
$2,571Surplus
$10,785Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,039Income earned, not collected on loans
$0Earning assets
$545Long-term assets (5+ years)
$64,767Average Assets, year-to-date
$17,328Average Assets, quarterly
$68,581Volatile liabilities
$70,748Insider loans
$63,379FHLB advances
$71,023Loans and leases held for sale
$2,074Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,322Tier 2 risk-based capital
$1,054Total risk weighted assets
$1,020Total unused commitments
$76Restructured Loans and leases
$135Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$9,248Total interest income
$1,164Total interest expense
$8,084Net interest income
$930Provision for loan and lease losses
$69Total noninterest income
$0Fiduciary activities
$1Service charges on deposit accounts
$0Trading account gains & fees
$68Additional noninterest income
$2,002Total noninterest expense
$879Salaries and employee benefits
$150Premises and equipment expense
$973Additional noninterest expense
$5,221Pre-tax net operating income
$0Securities gains (losses)
$2,069Applicable income taxes
$3,152Income before extraordinary items
$0Extraordinary gains - net
$3,152Net income attributable to bank
$0Net charge-offs
$3,152Cash dividends
$1,108Sale, conversion, retirement of capital stock, net
$280Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
14.98%Yield on earning assets
1.89%Cost of funding earning assets
13.10%Net interest margin
0.11%Noninterest income to earning assets
3.24%Noninterest expense to earning assets
4.60%Net operating income to assets
4.60%Return on assets (ROA)
7.61%Pretax return on assets
26.35%Return on equity (ROE)
24.01%Retained earnings to average equity (YTD only)
1.79%Net charge-offs to loans
83.94%Credit loss provision to net charge-offs
5.55%Efficiency ratio
24,555Assets per employee
3.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
8.88%Loss allowance to loans
4.97%Loss allowance to noncurrent loans
302.50%Noncurrent assets plus other real estate owned to assets
1.67%Noncurrent loans to loans
1.64%Net loans and leases to deposits
107.15%Net loans and leases to core deposits
116.58%Equity capital to assets
18.65%Core capital (leverage) ratio
18.76%Tier 1 risk-based capital ratio
21.02%Total risk-based capital ratio
Memoranda
$22Average assets
$68,581Average earning assets
$11,962Average equity
$61,722Average loans
List of branches
1 Indiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
45819
The Morris Plan Company Of Terre Haute, Inc.
817 Wabash Avenue, Terre Haute, IN 47808
July 27, 1962
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Morris Plan Company of Terre Haute, Inc..
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.
Comment about this bank, ask questions, or add new information about it: