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

This bank is inactive as of December 11, 1995

The Saratoga State Bank in Saratoga, Indiana (IN)
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The Saratoga State Bank - Overview

General
FDIC Certificate #: 13115
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Peoples Loan & Trust Bank (#12846)
Federal Reserve ID: 919643
Date Established: March 04, 1904
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 12445
FDIC's unique #: 8297
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: December 11, 1995
Last Structure Change Process Date: January 26, 1996
Last Data Update: January 26, 1996
Data Source Date: April 05, 2012
Location
Address: Main Street, Saratoga, IN 47382
County: Randolph
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
Financial Summary
Total assets: $21.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$8Total assets
$21,606Cash and due from depository institutions
$687Interest-bearing balances
$1Securities
$4,283Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$16,114Loan loss allowance
$214Trading account assets
$0Bank premises and fixed assets
$131Other real estate owned
$8Goodwill and other intangibles
$383Life insurance assets
$0All other assets
$0Total liabilities and capital
$21,606Total liabilities
$19,032Total deposits
$16,747Interest-bearing deposits
$15,079Deposits held in domestic offices
16747.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$2,150Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$135Total equity capital
$135Total bank equity capital
$2,574Perpetual preferred stock
$0Common stock
$300Surplus
$1,200Undivided profits
Memoranda
$1,074Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$39Income earned, not collected on loans
$195Earning assets
$20,398Long-term assets (5+ years)
$2,289Average Assets, year-to-date
$21,317Average Assets, quarterly
$21,840Volatile liabilities
$3,420Insider loans
$177FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,247Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,527Total risk weighted assets
$14,813Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,649Total interest expense
$612Net interest income
$1,037Provision for loan and lease losses
$9Total noninterest income
$55Fiduciary activities
$0Service charges on deposit accounts
$36Trading account gains & fees
$0Additional noninterest income
$19Total noninterest expense
$500Salaries and employee benefits
$242Premises and equipment expense
$42Additional noninterest expense
$216Pre-tax net operating income
$583Securities gains (losses)
$0Applicable income taxes
$173Income before extraordinary items
$410Extraordinary gains - net
$0Net income attributable to bank
$410Net charge-offs
$13Cash dividends
$654Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.14%Cost of funding earning assets
3.02%Net interest margin
5.12%Noninterest income to earning assets
0.27%Noninterest expense to earning assets
2.47%Net operating income to assets
1.92%Return on assets (ROA)
1.92%Pretax return on assets
2.73%Return on equity (ROE)
16.01%Retained earnings to average equity (YTD only)
-9.53%Net charge-offs to loans
0.08%Credit loss provision to net charge-offs
69.23%Efficiency ratio
45,788Assets per employee
2.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
159.51%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
548.72%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.24%Net loans and leases to deposits
96.22%Net loans and leases to core deposits
104.12%Equity capital to assets
11.91%Core capital (leverage) ratio
11.58%Tier 1 risk-based capital ratio
17.06%Total risk-based capital ratio
Memoranda
$18Average assets
$21,317Average earning assets
$2,561Average equity
$20,253Average loans

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