The La Porte Savings Bank
La Porte, IN — Domestic Branch of a Domestic Bank
Acquired Jul 2016
Vitals
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Total Assets517.3M 0.5 %
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Total Deposits365.5M 2.7 %
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Total Net Loans329.3M -0.1 %
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Net Income3.7M 96.1 %
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Book Value76.3M 1.1 %
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Book Value x2152.6M 1.1 %
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Book Value x3228.9M 1.1 %
Balance Sheet Highlights
Financial Highlights | The La Porte Savings Bank | All Insured Savings Banks in Indiana |
Balance Sheet $(000) | ||
Total Assets | 517,279 | 210,725 |
Total Net Loans | 329,274 | 124,303 |
Total Deposits | 365,462 | 171,319 |
Total Equity | 76,361 | 26,773 |
Profitability | ||
Net Income | 3,704 | 811 |
Return on Average Assets | 1.407 | .455 |
Return on Average Equity | 9.626 | 4.01 |
Net Interest Margin | 3.573 | 3.286 |
Efficiency Ratio | 71.933 | 81.097 |
Noninterest Income/Revenue | 11.879 | 23.795 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 90.098 | 76.149 |
Securities/Assets | .046 | .205 |
Total Equity/Total Assets | .148 | .127 |
Tangible Equity/Tangible Assets | .13 | .123 |
Capital Adequacy | ||
Tier 1 Common Capital | 68,969 | 24,665 |
Tier 1 Capital | 68,969 | 24,670 |
Tier 2 Capital | 3,619 | 1,489 |
Total Capital | 72,588 | 26,158 |
Total Risk Weighted Assets | 380,499 | 124,300 |
Leverage Ratio | 13.24 | 13.598 |
Common Equity Tier 1 Capital Ratio | 18.13 | 26.892 |
Tier 1 Capital Ratio | 18.13 | 26.895 |
Total Capital Ratio | 19.08 | 28.04 |
Timeline for The La Porte Savings Bank
Horizon Bank, National Association
The La Porte Savings Bank was acquired by Horizon Bank, National Association 7 years
View Profile Jul 18 2016Lsb Investments, Inc.
Lsb Investments, Inc. became a new subsidiary organization for The La Porte Savings Bank.
View Profile Dec 01 2012Laporte Bancorp, Inc.
Laporte Bancorp, Inc. became a new parent organization for The La Porte Savings Bank.
View Profile Jul 21 2011City Savings Bank
Acquisition: The La Porte Savings Bank acquired a new subsidiary, City Savings Bank, 16 years
View Profile Oct 13 2007The La Porte Savings Bank
The La Porte Savings Bank was established 153 years ago and is currently headquartered in La Porte, IN.
Jan 01 1871Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Horizon Bank, National Association | Buyer | 3,308,763 | Acquisition | Discontinued | 7/18/2016 |
City Savings Bank | Seller | 123,836 | Acquisition | Discontinued | 10/13/2007 |
Relationships | Role | Relationship Start | Relationship End |
Laporte Bancorp, Inc. | Parent | 10/5/2012 | 7/17/2016 |
Laporte Bancorp, Inc. | Parent | 7/21/2011 | 10/4/2012 |
Lsb Investments, Inc. | Subsidary | 12/1/2012 | 7/17/2016 |
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