Union Federal Savings Bank in Evansville, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 05, 1995

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

Union Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 27741
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: The Citizens National Bank of Evansville (#4391)
    Federal Reserve ID: 780179
    Date Established: January 01, 1912
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 206
    FDIC's unique #: 40575
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: September 21, 1936
    Last Structure Change Effective Date: August 05, 1995
    Last Structure Change Process Date: September 21, 1995
    Last Data Update: September 21, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 501 Main Street, Evansville, IN 47708
    County: Vanderburgh
    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): Evansville-Henderson, IN-KY (#2440)
    Core Based Statistical Area (CBSA): Evansville, IN-KY (#21780)
    CBSA Metro Statistical Area: Evansville, IN-KY (#21780)
  • History of Changes
  • Merger - Without Assistance
    Office Sold
  • Financial Summary
  • Total assets: $561.4 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)
  • $180Total assets
  • $546,867Cash and due from depository institutions
  • $16,379Interest-bearing balances
  • $2,171Securities
  • $287,253Federal funds sold & reverse repurchase agreements
  • $13,500Net loans & leases
  • $202,228Loan loss allowance
  • $3,012Trading account assets
  • $0Bank premises and fixed assets
  • $8,918Other real estate owned
  • $1,344Goodwill and other intangibles
  • $17,156Life insurance assets
  • $89All other assets
  • $0Total liabilities and capital
  • $546,867Total liabilities
  • $513,939Total deposits
  • $355,861Interest-bearing deposits
  • $344,690Deposits held in domestic offices
  • 355861.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $151,933Subordinated debt
  • $0All other liabilities
  • $6,145Total equity capital
  • $6,145Total bank equity capital
  • $32,928Perpetual preferred stock
  • $0Common stock
  • $19Surplus
  • $16,823Undivided profits
  • Memoranda
  • $16,086Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,102Income earned, not collected on loans
  • $1,039Earning assets
  • $505,152Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $507,391Average Assets, quarterly
  • $538,737Volatile liabilities
  • $167,861Insider loans
  • $135FHLB advances
  • $151,933Loans and leases held for sale
  • $0Unused loan commitments
  • $47,320Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $36,437Total risk weighted assets
  • $207,129Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $31,796Total interest expense
  • $19,437Net interest income
  • $12,359Provision for loan and lease losses
  • $3,116Total noninterest income
  • $6,142Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $6,142Total noninterest expense
  • $15,822Salaries and employee benefits
  • $5,919Premises and equipment expense
  • $2,126Additional noninterest expense
  • $7,777Pre-tax net operating income
  • -$437Securities gains (losses)
  • -$545Applicable income taxes
  • -$578Income before extraordinary items
  • -$404Extraordinary gains - net
  • -$2,775Net income attributable to bank
  • -$3,179Net charge-offs
  • $529Cash dividends
  • $4,261Sale, conversion, retirement of capital stock, net
  • $5,535Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.77%Cost of funding earning assets
  • 4.14%Net interest margin
  • 2.63%Noninterest income to earning assets
  • 1.31%Noninterest expense to earning assets
  • 3.37%Net operating income to assets
  • -0.01%Return on assets (ROA)
  • -0.63%Pretax return on assets
  • -0.74%Return on equity (ROE)
  • -8.59%Retained earnings to average equity (YTD only)
  • -20.11%Net charge-offs to loans
  • 0.27%Credit loss provision to net charge-offs
  • 589.04%Efficiency ratio
  • 85,520Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -134.04%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 273.32%Noncurrent assets plus other real estate owned to assets
  • 0.36%Noncurrent loans to loans
  • 0.54%Net loans and leases to deposits
  • 56.83%Net loans and leases to core deposits
  • 59.49%Equity capital to assets
  • 6.02%Core capital (leverage) ratio
  • 6.63%Tier 1 risk-based capital ratio
  • 17.59%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $507,391Average earning assets
  • $36,995Average equity
  • $469,550Average loans

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