Symphony Bank
Indianapolis, IN — Domestic Branch of a Domestic Bank
Acquired Jan 2009
Vitals
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Total Assets55.0M 7.5 %
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Total Deposits47.5M 9.9 %
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Total Net Loans42.5M 18.5 %
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Net Income
-
Book Value5.2M -31.3 %
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Book Value x210.4M -31.3 %
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Book Value x315.5M -31.3 %
Balance Sheet Highlights
Financial Highlights | Symphony Bank | All Insured Commercial Banks in Indiana |
Balance Sheet $(000) | ||
Total Assets | 55,030 | 361,249 |
Total Net Loans | 42,524 | 259,668 |
Total Deposits | 47,544 | 280,072 |
Total Equity | 5,175 | 34,528 |
Profitability | ||
Net Income | — | 4,384 |
Return on Average Assets | — | .815 |
Return on Average Equity | — | 7.819 |
Net Interest Margin | 2.551 | 3.796 |
Efficiency Ratio | 255.424 | 69.256 |
Noninterest Income/Revenue | 2.056 | 13.304 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 89.441 | 87.025 |
Securities/Assets | .119 | .314 |
Total Equity/Total Assets | .094 | .096 |
Tangible Equity/Tangible Assets | .094 | .038 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 5,086 | 31,574 |
Tier 2 Capital | 681 | 3,148 |
Total Capital | 5,767 | 34,802 |
Total Risk Weighted Assets | 52,708 | 275,639 |
Leverage Ratio | 8.88 | 9.685 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.65 | 13.672 |
Total Capital Ratio | 10.94 | 14.818 |
Timeline for Symphony Bank
Merchants Bank Of Indiana
Symphony Bank was acquired by Merchants Bank Of Indiana 15 years
View Profile Jan 01 2009Symphony Bank
Symphony Bank was established 18 years ago and is currently headquartered in Indianapolis, IN.
Jun 29 2005Symphony Bancorp
Symphony Bancorp became a new parent organization for Symphony Bank.
View Profile Jun 29 2005Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Merchants Bank Of Indiana | Buyer | 3,072,079 | Acquisition | Discontinued | 1/1/2009 |
Relationships | Role | Relationship Start | Relationship End |
Symphony Bancorp | Parent | 6/29/2005 | 12/31/2008 |
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