The First National Bank Of Portland
Portland, IN — Domestic Branch of a Domestic Bank
Acquired Apr 2007
Vitals
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Total Assets124.9M 6.6 %
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Total Deposits99.3M 3.2 %
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Total Net Loans103.3M 4.8 %
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Net Income326000.0000 -9.4 %
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Book Value10.3M 8.3 %
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Book Value x220.6M 8.3 %
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Book Value x330.9M 8.3 %
Balance Sheet Highlights
Financial Highlights | The First National Bank Of Portland | All Insured Commercial Banks in Indiana |
Balance Sheet $(000) | ||
Total Assets | 124,875 | 320,114 |
Total Net Loans | 103,289 | 223,230 |
Total Deposits | 99,341 | 254,669 |
Total Equity | 10,314 | 32,355 |
Profitability | ||
Net Income | 326 | 992 |
Return on Average Assets | 1.05 | .905 |
Return on Average Equity | 12.776 | 8.631 |
Net Interest Margin | 4.084 | 3.8 |
Efficiency Ratio | 57.93 | 67.338 |
Noninterest Income/Revenue | 8.253 | 13.266 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 103.974 | 85.001 |
Securities/Assets | .092 | .347 |
Total Equity/Total Assets | .083 | .101 |
Tangible Equity/Tangible Assets | .082 | .035 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 10,328 | 28,697 |
Tier 2 Capital | 763 | 2,445 |
Total Capital | 11,091 | 31,159 |
Total Risk Weighted Assets | 97,490 | 233,302 |
Leverage Ratio | 8.32 | 10.263 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.59 | 14.576 |
Total Capital Ratio | 11.38 | 15.681 |
Timeline for The First National Bank Of Portland
First Merchants Bank
The First National Bank Of Portland was acquired by First Merchants Bank 17 years
View Profile Apr 01 2007First Merchants Corporation
First Merchants Corporation became a new parent organization for The First National Bank Of Portland.
View Profile Apr 01 1999The Citizens Bank Of Portland
Acquisition: The First National Bank Of Portland acquired a new subsidiary, The Citizens Bank Of Portland, 35 years
View Profile Jan 01 1989Jay Financial Corporation
Jay Financial Corporation became a new parent organization for The First National Bank Of Portland.
View Profile Nov 23 1988The First National Bank Of Portland
The First National Bank Of Portland was established 120 years ago and is currently headquartered in Portland, IN.
Jan 01 1904Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First Merchants Bank | Buyer | 7,006,499 | Pooling of Interests | Discontinued | 4/1/2007 |
The Citizens Bank Of Portland | Seller | 38,044 | Discontinued | 1/1/1989 |
Relationships | Role | Relationship Start | Relationship End |
First Merchants Corporation | Parent | 4/1/1999 | 3/31/2007 |
Jay Financial Corporation | Parent | 11/23/1988 | 3/31/1999 |
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