Union Federal Bank of Indianapolis in Indianapolis, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 03, 2006

  • Union Federal Bank of Indianapolis in Indianapolis, Indiana (IN)
  • Show street view No street view available for this location

Union Federal Bank of Indianapolis - Overview

  • General
  • FDIC Certificate #: 32614
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sky Bank (#5982)
    Federal Reserve ID: 1356713
    Date Established: September 23, 1988
    WWW: http://www.unionfedbank.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8529
    FDIC's unique #: 45448
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: September 23, 1988
    Last Structure Change Effective Date: November 03, 2006
    Last Structure Change Process Date: November 13, 2006
    Last Data Update: November 13, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 45 North Pennsylvania Street, Indianapolis, IN 46204
    County: Marion
    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): Indianapolis, IN (#3480)
    Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294)
    Core Based Statistical Area (CBSA): Indianapolis-Carmel, IN (#26900)
    CBSA Metro Statistical Area: Indianapolis-Carmel, IN (#26900)
  • Financial Summary
  • Total assets: $2,462.0 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, 2005)

  • Dollar figures in thousands
  • 1,671Total employees (full-time equivalent)
  • $3,323,181Total assets
  • $126,411Cash and due from depository institutions
  • $0Interest-bearing balances
  • $545,458Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $2,179,890Net loans & leases
  • $35,551Loan loss allowance
  • $0Trading account assets
  • $28,101Bank premises and fixed assets
  • $9,419Other real estate owned
  • $144,072Goodwill and other intangibles
  • $0Life insurance assets
  • $289,830All other assets
  • $3,323,181Total liabilities and capital
  • $3,093,701Total liabilities
  • $2,395,948Total deposits
  • $1,725,760Interest-bearing deposits
  • $2,395,948Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $664,079Other borrowed funds
  • $0Subordinated debt
  • $33,674All other liabilities
  • $229,480Total equity capital
  • $229,480Total bank equity capital
  • $229,480Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $98,446Undivided profits
  • Memoranda
  • $131,033Noncurrent loans and leases
  • $1,182,581Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $89,964Earning assets
  • $51,996Long-term assets (5+ years)
  • $13,423Average Assets, year-to-date
  • $2,725,348Average Assets, quarterly
  • $0Volatile liabilities
  • $3,469,749Insider loans
  • $3,406,750FHLB advances
  • $2,185,442Loans and leases held for sale
  • $2,749Unused loan commitments
  • $588,760Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,182,581Total unused commitments
  • $17,942Restructured Loans and leases
  • $27,497Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $163,929Total interest income
  • $74,237Total interest expense
  • $89,692Net interest income
  • $4,502Provision for loan and lease losses
  • $64,498Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $64,498Additional noninterest income
  • $215,312Total noninterest expense
  • $130,151Salaries and employee benefits
  • $24,744Premises and equipment expense
  • $60,417Additional noninterest expense
  • -$65,624Pre-tax net operating income
  • $45,744Securities gains (losses)
  • $0Applicable income taxes
  • -$19,880Income before extraordinary items
  • $0Extraordinary gains - net
  • -$19,880Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $7,207Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.78%Yield on earning assets
  • 2.62%Cost of funding earning assets
  • 3.16%Net interest margin
  • 2.27%Noninterest income to earning assets
  • 7.59%Noninterest expense to earning assets
  • -1.89%Net operating income to assets
  • -0.57%Return on assets (ROA)
  • -0.57%Pretax return on assets
  • -8.03%Return on equity (ROE)
  • -8.03%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 62.47%Credit loss provision to net charge-offs
  • -8.48%Efficiency ratio
  • 139,641Assets per employee
  • 1.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 39.52%Noncurrent assets plus other real estate owned to assets
  • 2.99%Noncurrent loans to loans
  • 4.06%Net loans and leases to deposits
  • 90.98%Net loans and leases to core deposits
  • 249.25%Equity capital to assets
  • 6.91%Core capital (leverage) ratio
  • 6.72%Tier 1 risk-based capital ratio
  • 10.17%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $3,469,749Average earning assets
  • $247,678Average equity
  • $2,836,269Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $165,035Managed Assets
  • 1Number of Accounts
  • $140,085Personal trust and agency accounts
  • $67,536Employee benefit-defined contribution accounts
  • $339Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $842Corporate trust and agency accounts
  • $9,826Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $61,542Non-managed Assets
  • 132Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $24,950Other retirement accounts
  • $21,012Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,320Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Union Federal Bank of Indianapolis.
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.
Table of Contents