FDIC Certificate #: 10099 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Old National Bank (#4393) Federal Reserve ID: 953142 Date Established: November 02, 1902 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) OTS Docket #: 13925 FDIC's unique #: 6457 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: November 04, 1999 Last Structure Change Process Date: December 02, 1999 Last Data Update: December 02, 1999 Data Source Date: April 05, 2012
Location
Address: 204 East Main Street, Washington, IN 47501 County: Daviess 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 Core Based Statistical Area (CBSA): Washington, IN (#47780) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $219.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
73Total employees (full-time equivalent)
$215,962Total assets
$9,638Cash and due from depository institutions
$418Interest-bearing balances
$63,697Securities
$1,475Federal funds sold & reverse repurchase agreements
$134,307Net loans & leases
$1,807Loan loss allowance
$0Trading account assets
$3,387Bank premises and fixed assets
$95Other real estate owned
$205Goodwill and other intangibles
$0Life insurance assets
$3,158All other assets
$215,962Total liabilities and capital
$196,360Total liabilities
$183,660Total deposits
$164,483Interest-bearing deposits
$183,660Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$10,000Other borrowed funds
$0Subordinated debt
$2,700All other liabilities
$19,602Total equity capital
$19,602Total bank equity capital
$19,602Perpetual preferred stock
$0Common stock
$2,386Surplus
$6,177Undivided profits
Memoranda
$11,039Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$461Earning assets
$0Long-term assets (5+ years)
$1,411Average Assets, year-to-date
$199,897Average Assets, quarterly
$79,521Volatile liabilities
$210,155Insider loans
$215,796FHLB advances
$26,943Loans and leases held for sale
$15,573Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$33,881Total unused commitments
$0Restructured Loans and leases
$148,443Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$15,909Total interest income
$7,384Total interest expense
$8,525Net interest income
$480Provision for loan and lease losses
$3,334Total noninterest income
$38Fiduciary activities
$690Service charges on deposit accounts
$0Trading account gains & fees
$2,606Additional noninterest income
$7,553Total noninterest expense
$4,300Salaries and employee benefits
$824Premises and equipment expense
$2,429Additional noninterest expense
$3,826Pre-tax net operating income
$3Securities gains (losses)
$1,235Applicable income taxes
$2,594Income before extraordinary items
$0Extraordinary gains - net
$2,594Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$338Sale, conversion, retirement of capital stock, net
$2,772Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.05%Yield on earning assets
3.74%Cost of funding earning assets
4.31%Net interest margin
1.69%Noninterest income to earning assets
3.82%Noninterest expense to earning assets
1.23%Net operating income to assets
1.23%Return on assets (ROA)
1.82%Pretax return on assets
13.39%Return on equity (ROE)
-0.92%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
142.01%Credit loss provision to net charge-offs
12.74%Efficiency ratio
62,897Assets per employee
2.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
106.86%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
391.97%Noncurrent assets plus other real estate owned to assets
0.26%Noncurrent loans to loans
0.34%Net loans and leases to deposits
73.13%Net loans and leases to core deposits
85.70%Equity capital to assets
9.08%Core capital (leverage) ratio
8.43%Tier 1 risk-based capital ratio
12.47%Total risk-based capital ratio
Memoranda
$14Average assets
$210,155Average earning assets
$19,378Average equity
$197,570Average loans
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