People's Bank and Trust Company in Mount Vernon, Indiana (IN)
Table of contents:
| People's Bank and Trust Company | |
|---|---|
| General | FDIC Certificate #: 12852 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Old National Bank (#4393) Federal Reserve ID: 178749 Date Established: January 01, 1907 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 10692 FDIC's unique #: 8135 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: October 17, 1997 Last Structure Change Process Date: November 17, 1997 Last Data Update: November 17, 1997 Data Source Date: April 05, 2012 |
| Location | Address: 402 Main Street, Mount Vernon, IN 47620 County: Posey 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) |
| Financial Summary | Total assets: $114.4 mil |
| Assets and Liabilities (December 31, 1996) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $31 |
| Cash and due from depository institutions | $119,381 |
| Interest-bearing balances | $8,057 |
| Securities | $5 |
| Federal funds sold & reverse repurchase agreements | $29,987 |
| Net loans & leases | $0 |
| Loan loss allowance | $76,777 |
| Trading account assets | $1,097 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $3,047 |
| Goodwill and other intangibles | $0 |
| All other assets | $0 |
| Life insurance assets | $1,513 |
| Total liabilities and capital | $0 |
| Total liabilities | $119,381 |
| Total deposits | $107,201 |
| Interest-bearing deposits | $93,902 |
| Deposits held in domestic offices | $82,082 |
| % insured (estimated) | 93902.00% |
| Federal funds purchased & repurchase agreements | $78 |
| Trading liabilities | $8,602 |
| Other borrowed funds | $0 |
| Subordinated debt | $3,000 |
| All other liabilities | $0 |
| Total equity capital | $1,697 |
| Total bank equity capital | $1,697 |
| Perpetual preferred stock | $12,180 |
| Common stock | $0 |
| Surplus | $2,250 |
| Undivided profits | $4,500 |
| Memoranda | |
| Noncurrent loans and leases | $5,430 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $384 |
| Earning assets | $983 |
| Long-term assets (5+ years) | $106,769 |
| Average Assets, year-to-date | $46,343 |
| Average Assets, quarterly | $118,059 |
| Volatile liabilities | $117,953 |
| Insider loans | $25,864 |
| FHLB advances | $7,287 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $11,068 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $11,624 |
| Total unused commitments | $75,722 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1996) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $8,958 |
| Net interest income | $4,397 |
| Provision for loan and lease losses | $4,561 |
| Total noninterest income | $0 |
| Fiduciary activities | $504 |
| Service charges on deposit accounts | $55 |
| Trading account gains & fees | $324 |
| Additional noninterest income | $0 |
| Total noninterest expense | $125 |
| Salaries and employee benefits | $2,441 |
| Premises and equipment expense | $1,236 |
| Additional noninterest expense | $316 |
| Pre-tax net operating income | $889 |
| Securities gains (losses) | $2,624 |
| Applicable income taxes | $689 |
| Income before extraordinary items | $1,182 |
| Extraordinary gains - net | $2,131 |
| Net income attributable to bank | $0 |
| Net charge-offs | $2,131 |
| Cash dividends | $16 |
| Sale, conversion, retirement of capital stock, net | $1,250 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1996) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 8.09% |
| Net interest margin | 3.97% |
| Noninterest income to earning assets | 4.12% |
| Noninterest expense to earning assets | 0.46% |
| Net operating income to assets | 2.21% |
| Return on assets (ROA) | 1.43% |
| Pretax return on assets | 1.81% |
| Return on equity (ROE) | 2.81% |
| Retained earnings to average equity (YTD only) | 17.90% |
| Net charge-offs to loans | 7.40% |
| Credit loss provision to net charge-offs | 0.02% |
| Efficiency ratio | 0.00% |
| Assets per employee | $48,193 |
| Cash dividends to net income (YTD only) | 3.85% |
| Condition Ratios (%) | |
| Loss allowance to loans | 58.66% |
| Loss allowance to noncurrent loans | 1.41% |
| Noncurrent assets plus other real estate owned to assets | 285.68% |
| Noncurrent loans to loans | 0.32% |
| Net loans and leases to deposits | 0.49% |
| Net loans and leases to core deposits | 81.76% |
| Equity capital to assets | 96.41% |
| Core capital (leverage) ratio | 10.20% |
| Tier 1 risk-based capital ratio | 9.71% |
| Total risk-based capital ratio | 15.35% |
| Memoranda | |
| Average assets | $17 |
| Average earning assets | $118,059 |
| Average equity | $11,903 |
| Average loans | $110,685 |
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