ONB Bloomington, National Association in Bloomington, Indiana (IN)



Table of contents:
ONB Bloomington, National Association
GeneralFDIC Certificate #: 30172
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Old National Bank (#3832)
Federal Reserve ID: 779977
Date Established: January 01, 1911
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
OTS Docket #: 4886
FDIC's unique #: 43006
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 12, 1942
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
LocationAddress: 121 East Kirkwood Avenue, Bloomington, IN 47408
County: Monroe
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): Bloomington, IN (#1020)
Core Based Statistical Area (CBSA): Bloomington, IN (#14020)
CBSA Metro Statistical Area: Bloomington, IN (#14020)
Financial SummaryTotal assets: $366.3 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)
Total employees (full-time equivalent)64
Total assets$354,786
Cash and due from depository institutions$6,537
Interest-bearing balances$2,316
Securities$31,148
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$308,542
Loan loss allowance $1,737
Trading account assets$0
Bank premises and fixed assets$3,552
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$5,007
Life insurance assets$0
Total liabilities and capital$354,786
Total liabilities$326,048
Total deposits$192,692
Interest-bearing deposits$186,629
Deposits held in domestic offices$192,692
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $28,000
Trading liabilities$0
Other borrowed funds $104,110
Subordinated debt $0
All other liabilities $1,246
Total equity capital$28,738
Total bank equity capital$28,738
Perpetual preferred stock$28,738
Common stock$0
Surplus$5
Undivided profits $13,380
Memoranda
Noncurrent loans and leases $15,353
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $549
Long-term assets (5+ years) $0
Average Assets, year-to-date $1,724
Average Assets, quarterly $342,006
Volatile liabilities $129,522
Insider loans $343,694
FHLB advances $347,095
Loans and leases held for sale $106,884
Unused loan commitments $6,272
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $18,010
Restructured Loans and leases $0
Derivatives$269,329
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Income and Expense (December 31, 1998)
(Dollar figures in thousands)
Total interest income $26,514
Total interest expense $16,285
Net interest income $10,229
Provision for loan and lease losses $300
Total noninterest income $609
Fiduciary activities $10
Service charges on deposit accounts $159
Trading account gains & fees $0
Additional noninterest income $440
Total noninterest expense $5,481
Salaries and employee benefits $2,810
Premises and equipment expense $512
Additional noninterest expense $2,159
Pre-tax net operating income $5,057
Securities gains (losses) $3
Applicable income taxes $2,087
Income before extraordinary items $2,973
Extraordinary gains - net $0
Net income attributable to bank $2,973
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $10
Net operating income $3,688
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Performance and Condition Ratios (December 31, 1998)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets8.05%
Cost of funding earning assets 4.94%
Net interest margin 3.11%
Noninterest income to earning assets 0.18%
Noninterest expense to earning assets 1.66%
Net operating income to assets 0.86%
Return on assets (ROA) 0.87%
Pretax return on assets 1.47%
Return on equity (ROE) 10.35%
Retained earnings to average equity (YTD only) -2.49%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 3000.00%
Efficiency ratio535.70%
Assets per employee$49,982
Cash dividends to net income (YTD only)5.54%
Condition Ratios (%)
Loss allowance to loans 124.05%
Loss allowance to noncurrent loans 0.56%
Noncurrent assets plus other real estate owned to assets 316.39%
Noncurrent loans to loans 0.15%
Net loans and leases to deposits0.18%
Net loans and leases to core deposits 160.12%
Equity capital to assets 193.44%
Core capital (leverage) ratio 8.10%
Tier 1 risk-based capital ratio 8.16%
Total risk-based capital ratio 10.54%
Memoranda
Average assets$11
Average earning assets$343,694
Average equity $28,731
Average loans $329,376
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