The Scott County State Bank in Scottsburg, Indiana (IN)



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The Scott County State Bank routing number info

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The Scott County State Bank
GeneralFDIC Certificate #: 10485
Status: Active
Federal Reserve ID: 753548
Bank Holding Company (Regulatory Top Holder): Community Bank Shares Of Indiana, Inc. (RSSDID: 2356073, Location: New Albany, IN)
Date Established: January 01, 1890
WWW: http://www.scottcountystatebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 13534
FDIC's unique #: 6709
Numeric code: 13
Regulator: FED
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: Commercial Lending 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
LocationAddress: 125 West Mcclain Avenue, Scottsburg, IN 47170
County: Scott
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): Louisville, KY-IN (#4520)
Combined Statistical Area (CSA): Louisville-Jefferson County-Elizabethtown-Scottsburg, KY-IN (#350)
Core Based Statistical Area (CBSA): Scottsburg, IN (#42500)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $132.2 mil
Equity capital: $16.9 mil
Deposits held in domestic offices: $105.6 mil
Return on assets (ROA): 1.03% ($1.4 mil)
Quarterly return on assets: 1.30% ($1.7 mil)
Return on Equity (ROE): 8.87% ($1.5 mil)
Quarterly return on equity: 10.13% ($1.7 mil)
Net income: $1.4 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.51% ($1,996.0 mil)
Quarterly Pretax return on assets: 1.92% ($2,537.9 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)
Total employees (full-time equivalent)28
Total assets$132,183
Cash and due from depository institutions$2,662
Interest-bearing balances$100
Securities$30,104
Federal funds sold & reverse repurchase agreements$3,987
Net loans & leases$82,745
Loan loss allowance $1,199
Trading account assets$0
Bank premises and fixed assets$2,484
Other real estate owned$1,695
Goodwill and other intangibles$865
All other assets$7,641
Life insurance assets$132,183
Total liabilities and capital$115,233
Total liabilities$105,632
Total deposits$80,453
Interest-bearing deposits$105,632
Deposits held in domestic offices$82
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$7,960
Other borrowed funds $0
Subordinated debt $1,641
All other liabilities $16,950
Total equity capital$16,950
Total bank equity capital$16,950
Perpetual preferred stock$0
Common stock$730
Surplus$29,773
Undivided profits $-13,553
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 $1,805
Earning assets $0
Long-term assets (5+ years) $571
Average Assets, year-to-date $116,936
Average Assets, quarterly $50,072
Volatile liabilities $132,816
Insider loans $131,032
FHLB advances $82,829
Loans and leases held for sale $127,919
Unused loan commitments $2,656
Tier 1 (core) risk-based capital $2,656
Tier 2 risk-based capital $15,549
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,345
Derivatives$1,376
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,466
Total interest expense $767
Net interest income $5,699
Provision for loan and lease losses $276
Total noninterest income $965
Fiduciary activities $0
Service charges on deposit accounts $659
Trading account gains & fees $0
Additional noninterest income $306
Total noninterest expense $4,384
Salaries and employee benefits $1,370
Premises and equipment expense $477
Additional noninterest expense $2,537
Pre-tax net operating income $2,004
Securities gains (losses) $0
Applicable income taxes $635
Income before extraordinary items $1,369
Extraordinary gains - net $0
Net income attributable to bank $1,369
Net charge-offs $0
Cash dividends $1,369
Sale, conversion, retirement of capital stock, net $308
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.39%
Cost of funding earning assets 0.64%
Net interest margin 4.75%
Noninterest income to earning assets 0.81%
Noninterest expense to earning assets 3.66%
Net operating income to assets 1.03%
Return on assets (ROA) 1.03%
Pretax return on assets 1.51%
Return on equity (ROE) 8.87%
Retained earnings to average equity (YTD only) 8.87%
Net charge-offs to loans 0.35%
Credit loss provision to net charge-offs 89.61%
Efficiency ratio7.40%
Assets per employee$62,170
Cash dividends to net income (YTD only)4.72%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.43%
Noncurrent assets plus other real estate owned to assets 66.43%
Noncurrent loans to loans 2.65%
Net loans and leases to deposits2.15%
Net loans and leases to core deposits 78.33%
Equity capital to assets 86.24%
Core capital (leverage) ratio 12.82%
Tier 1 risk-based capital ratio 12.16%
Total risk-based capital ratio 18.77%
Memoranda
Average assets$20
Average earning assets$132,816
Average equity $15,440
Average loans $119,854
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Total Fiduciary and Related Assets (December 31, 2006)
(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$33
Number of Accounts1
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
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts3
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$33
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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4 Indiana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06709The Scott County State Bank125 West Mcclain Avenue, Scottsburg, IN 47170January 01, 1890Full Service Brick and Mortar
1222447Gardner BranchU.S. Highway 31 And York Road, Scottsburg, IN 47170Febuary 04, 1974Full Service Brick and Mortar
2222448Motor Branch155 West Wardell, Scottsburg, IN 47170June 22, 1981Limited Service Facility
3222449Westview Branch57 North Michael Drive, Scottsburg, IN 47170December 14, 1998Full Service Brick and Mortar
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