Board of Governors of the Federal Reserve System | OMB Number 7100-0036 |
Federal Deposit Insurance Corporation | OMB Number 3064-0052 |
Office of the Comptroller of the Currency | OMB Number 1557-0081 |
Approval expires June 30, 2024 | |
Page 1 of 65 |
Federal Financial Institutions Examination Council
Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only and Total Assets Less than $5 Billion-FFIEC 051
Report at the close of business September 30, 2021 | (20210930) | ||
This report is required by law: 12 U.S.C. §324 (State member banks); | (RCON 9999) | ||
This report form is to be filed by banks with domestic offices only and total assets | |||
12 U.S.C. §1817 (State nonmember banks); 12 U.S.C. §161 (National | less than $5 billion, except such banks that (1) are advanced approaches institutions | ||
banks); and 12 U.S.C. §1464 (Savings associations). | or are subject to Category III captial standards for regulatory capital purposes, | ||
(2) are large or highly complex institutions for deposit insurance assessment | |||
Unless the context indicates otherwise, the term "bank" in this | purposes, or (3) have elected, or have been required by their primary federal | ||
report form refers to both banks and savings associations. | regulator, to file the FFIEC 041. | ||
NOTE: Each bank's board of directors and senior management are | schedules) for this report date have been prepared in conformance | ||
responsible for establishing and maintaining an effective system of | with the instructions issued by the appropriate Federal regulatory | ||
internal control, including controls over the Reports of Condition and | authority and are true and correct to the best of my knowledge and | ||
Income. The Reports of Condition and Income are to be prepared in | belief. | ||
accordance with federal regulatory authority instructions. The Reports | |||
of Condition and Income must be signed by the Chief Financial | We, the undersigned directors (trustees), attest to the correctness of | ||
Officer (CFO) of the reporting bank (or by the individual performing an | the Reports of Condition and Income (including the supporting schedules) | ||
equivalent function) and attested to by not less than two directors | for this report date and declare that the Reports of Condition and | ||
(trustees) for state nonmember banks and three directors for state | Income have been examined by us and to the best of our knowledge | ||
member banks, national banks, and savings associations. | and belief have been prepared in conformance with the instructions | ||
issued by the appropriate Federal regulatory authority and are true | |||
I, the undersigned CFO (or equivalent) of the named bank, attest | and correct. | ||
that the Reports of Condition and Income (including the supporting | |||
Director (Trustee) | |||
Signature of Chief Financial Officer (or Equivalent) | Director (Trustee) | ||
Date of Signature | Director (Trustee) |
Submission of Reports
Each bank must file its Reports of Condition and Income (Call Report) data by either:
- Using computer software to prepare its Call Report and then submitting the report data directly to the FFIEC's Central Data Repository (CDR), an Internet-based system for data collection (https://cdr.ffiec.gov/cdr/), or
- Completing its Call Report in paper form and arranging with
a software vendor or another party to convert the data into the electronic format that can be processed by the CDR. The software vendor or other party then must electronically submit the bank's data file to the CDR.
To fulfill the signature and attestation requirement for the Reports of Condition and Income for this report date, attach your bank's completed signature page (or a photocopy or a computer-generated version of this page) to the hard-copy record of the data file submitted to the CDR that your bank must place in its files.
The appearance of your bank's hard-copy record of the submitted data file need not match exactly the appearance of the FFIEC's sample report forms, but should show at least the caption of each Call Report item and the reported amount.
Jackson County Bank
Legal Title of Bank (RSSD 9017)
For technical assistance with submissions to the CDR, please contact the CDR Help Desk by telephone at (888) CDR-3111, by fax at (703) 774-3946, or by e-mail at cdr.help@cdr.ffiec.gov.
Seymour
City (RSSD 9130) | |
IN | 47274 |
State Abbreviation (RSSD 9200) | Zip Code (RSSD 9220) |
FDIC Certificate Number | 13109 | Legal Entity Identifier (LEI) | 549300HIDQ8IRRU12455 |
(RSSD 9050) | (Report only if your institution already has an LEI.)(RCON 9224) |
The estimated average burden associated with this information collection is 35.38 hours per respondent and is expected to vary by institution, depending on
individual circumstances. Burden estimates include the time for reviewing instructions, gathering and maintaining data in the required form, and completing the information collection, but exclude the time for compiling and maintaining business records in the normal course of a respondent's activities. A Federal agency may not conduct or sponsor,
and an organization(or a person) is not required to respond to a collection of information, unless it displays a currently valid OMB control number. Comments concerning the accuracy of this burden estimate and suggestions for reducing this burden should be directed to the Office of Information and Regulatory Affairs, Office of Management and Budget,Washington, DC 20503, and to one of the following: Secretary, Board of Governors of the Federal Reserve System,20th and C Streets, NW, Washington, DC 20551; Legislative and Regulatory Analysis Division, Office of the Comptroller of the Currency, Washington, DC 20219; Assistant Executive Secretary, Federal Deposit Insurance Corporation, Washington, DC 20429.
FFIEC 051
Page 2 of 65
Consolidated Reports of Condition and Income for a Bank with
Domestic Offices Only and Total Assets Less than $5 Billion
Table of Contents
Signature Page | 1 | Schedule RC-E - Deposit Liabilities ______________________________ RC-13, 14 |
Contact Information__________________________________ 3, 4 | Schedule RC-F - Other Assets ____________________________________ RC-15 | |
Report of Income | Schedule RC-G - Other Liabilities ______________________________________ RC-15 | |
Schedule RI - Income Statement _______________________ RI-1, 2, 3 | Schedule RC-K - Quarterly Averages __________________________________ RC-16 | |
Schedule RI-A - Changes in Bank Equity Capital _______________ RI-4 | Schedule RC-L - Off-Balance-Sheet Items ___________________________RC-17 | |
Schedule RI-B - Charge-offs and Recoveries on | Schedule RC-M - Memoranda ___________________________RC-18, 19, 20, 21 | |
Loans and Leases and Changes in Allowances | ||
for Credit Losses: | Schedule RC-N - Past Due and Nonaccrual | |
Part I. Charge-offs and Recoveries on Loans and | Loans, Leases, and Other Assets ______________________ RC-22, 23, 24, 25 | |
Leases _____________________________________________ RI-4, 5 | ||
Part II. Changes in Allowances for Credit | Schedule RC-O - Other Data for Deposit | |
Losses _______________________________________________ RI-6 | Insurance Assessments ____________________________________RC-26, 27 | |
Schedule RI-C-Disaggregated Data on the | Schedule RC-R - Regulatory Capital: | |
Allowance for Loan and Lease Losses (to be | Part I. Regulatory Capital Components | |
completed only by selected banks)__________________________ RI-7 | and Ratios_____________________________________________ RC-28, 29, 30,31 | |
Part II. Risk-Weighted Assets ____________________________________RC-32, | ||
Schedule RI-E - Explanations ____________________________ RI-8, 9 | 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 | |
Report of Condition | Schedule RC-T - Fiduciary and Related | |
Schedule RC - Balance Sheet ____________________________ RC-1, 2 | Services _________________________________________ RC- 46, 47, 48, 49 | |
Schedule RC-B - Securities | ___________________________ RC-3, 4, 5 | Schedule SU-Supplemental Information__________________________ SU-1, 2 |
Schedule RC-C - Loans and Lease Financing | Optional Narrative Statement Concerning | |
Receivables: | the Amounts Reported in the Consolidated Reports | |
Part I. Loans and Leases_________________________RC- 6, 7, 8, 9, 10 | of Condition and Income_____________________________ ___________ SU-3 |
Part II. Loans to Small Businesses and
Small Farms____________________________________ RC-11, 12
For information or assistance, national banks, state nonmember banks, and savings associations should contact the FDIC's Data Collection and Analysis Section, 550 17th Street, NW, Washington, DC 20429, toll free on (800) 688-FDIC(3342), Monday through Friday between 8:00 a.m. and 5:00 p.m., Eastern Time. State member banks should contact their Federal Reserve District Bank.
FFIEC 051
Page 3 of 65
Contact Information for the Reports of Condition and Income
To facilitate communication between the Agencies and the bank concerning the Reports of Condition and Income, please provide contact information for (1) the Chief Financial Officer (or equivalent) of the bank signing the reports for this quarter, and (2) the person at the bank - other than the Chief Financial Officer (or equivalent) - to whom questions about the reports should be directed. If the Chief Financial Officer (or equivalent) is the primary contact for questions about the reports, please provide contact information for another person at the bank who will serve as a secondary contact for communications between the Agencies and the bank concerning the Reports of Condition and Income. Enter "none" for the contact's e-mail address or fax number if not available. Contact information for the Reports of Condition and Income is for the confidential use of the Agencies and will not be released to the public.
Chief Financial Officer (or Equivalent) Signing the Reports
Chad Key
Name (TEXT C490)
SVP/CFO
Title (TEXT C491)
ckey@jcbank.com
E-mail Address (TEXT C492)
(812) 524-7200
Area Code/Phone Number/Extension (TEXT C493)
(812) 524-4447
Area Code/FAX Number (TEXT C494)
Other Person to Whom Questions about the Reports Should be Directed
Cameron Glenn
Name (TEXT C495)
Controller
Title (TEXT C496)
cglenn@jcbank.com
E-mail Address (TEXT 4086)
(812) 524-4460
Area Code/Phone Number/Extension (TEXT 8902)
(812) 524-4447
Area code/FAX Number (TEXT 9116)
Chief Executive Officer Contact Information
This information is being requested so the Agencies can distribute notifications about policy initiatives, deposit insurance assessments, and other matters directly to the Chief Executive Officers of reporting institutions. Notifications about other matters may include emergency notifications that may or may not also be sent to the institution's emergency contacts listed below. Please provide contact information for the Chief Executive Officer of the reporting institution. Enter "none" for the Chief Executive Officer's e-mail address or fax number if not available. Chief Executive Officer contact information is for the confidential use of the Agencies and will not be released to the public.
Chief Executive Officer
Marvin S. Veatch | (812) 524-4412 | |
Name (TEXT FT42 ) | Area Code/Phone Number/Extension (TEXT FT43) | |
mveatch@jcbank.com | (812) 524-4447 | |
E-mail Address (TEXT FT44) | Area Code/FAX Number (TEXT FT45) | |
Emergency Contact Information |
This information is being requested so the Agencies can distribute critical, time sensitive information to emergency contacts at banks. Please provide primary contact information for a senior official of the bank who has decision-making authority. Also provide information for a secondary contact if available. Enter "none" for the contact's e-mail address or fax number if not available. Emergency contact information is for the confidential use of the Agencies and will not be released to the public.
Primary Contact
Marvin Veatch
Name (TEXT C366)
President/CEO
Title (TEXT C367)
mveatch@jcbank.com
E-mail Address (TEXT C368)
(812) 524-4412
Area Code/Phone Number/Extension (TEXT C369)
(812) 524-4447
Secondary Contact
Chad Key
Name (TEXT C371)
SVP/CFO
Title (TEXT C372)
ckey@jcbank.com
E-mail Address (TEXT C373)
(812) 524-7200
Area Code/Phone Number/Extension (TEXT C374)
(812) 524-4447
Area Code/FAX Number (TEXT C370) | Area Code/FAX Number (TEXT C375) |
FFIEC 051
Page 4 of 65
USA PATRIOT Act Section 314(a) Anti-Money Laundering Contact Information
This information is being requested to identify points-of-contact who are in charge of your bank's USA PATRIOT Act Section 314(a) information requests. Bank personnel listed could be contacted by law enforcement officers or the Financial Crimes Enforcement Network (FinCEN) for additional information related to specific Section 314(a) search requests or other anti-terrorist financing and anti-money laundering matters. Communications sent by FinCEN to the bank for purposes other than Section 314(a) notifications will state the intended purpose and should be directed to the appropriate bank personnel for review. Any disclosure of customer records to law enforcement officers or FinCEN must be done in compliance with applicable law, including the Right to Financial Privacy Act (12 U.S.C. 3401 et seq.).
Please provide information for a primary and secondary contact. Information for a third and fourth contact may be provided at the bank's option. Enter "none" for the contact's e-mail address if not available. This contact information is for the confidential use of the Agencies, FinCEN, and law enforcement officers and will not be released to the public.
Primary Contact
Leslie Unrue
Name (TEXT C437)
AVP Deposit Services
Title (TEXT C438)
lunrue@jcbank.com
E-mail Address (TEXT C439)
(812) 524-4487
Area Code/Phone Number/Extension (TEXT C440)
Secondary Contact
Becky Montgomery
Name (TEXT C442)
Deposit Services Leader
Title (TEXT C443)
bzink@jcbank.com
E-mail Address (TEXT C444)
(812) 522-3607
Area Code/Phone Number/Extension (TEXT C445)
Third Contact
Kim Stein
Name (TEXT C870)
AVP Internal Audit & BSA Officer
Title (TEXT C871)
kstein@jcbank.com
E-mail Address (TEXT C872)
(812) 524-4426
Area Code/Phone Number/Extension (TEXT C873)
Fourth Contact
Jason Knight
Name (TEXT C875)
VP Retail Banking Officer
Title (TEXT C876)
jknight@jcbank.com
E-mail Address (TEXT C877)
(812) 524-4416
Area Code/Phone Number/Extension (TEXT C878)
Jackson County Bank | FFIEC 051 | |
Legal Title of Bank | Page 5 of 65 | |
Seymour | RI-1 | |
City | ||
IN | 47274 | |
State | Zip Code | |
FDIC Certificate Number: | 13109 |
Submitted to CDR on 10/29/2021 at 3:11 PM
Consolidated Report of Income
for the period January 1, 2021 - September 30, 2021 Schedule RI-Income Statement
Dollar Amounts in Thousands | RIAD | Amount | |||
1. Interest income: | |||||
a. Interest and fee income on loans: | |||||
(1) Loans secured by real estate: | |||||
(a) Loans secured by 1-4 family residential properties | 4435 | 5,445 | |||
(b) All other loans secured by real estate | 4436 | 9,636 | |||
(2) Commercial and industrial loans | 4012 | 1,171 | |||
(3) Loans to individuals for household, family, and other personal expenditures: | |||||
(a) Credit cards | B485 | 0 | |||
(b) Other (includes revolving credit plans other than credit cards, automobile loans, and | |||||
other consumer loans) ______________________________________________________________________ | B486 | 181 | |||
(4) Not applicable | |||||
(5) All other loans (1) | 4058 | 313 | |||
(6) Total interest and fee income on loans (sum of items 1.a.(1)(a) through 1.a.(5)) | 4010 | 16,746 | |||
b. Income from lease financing receivables | 4065 | 0 | |||
c. Interest income on balances due from depository institutions (2) | 4115 | 125 | |||
d. Interest and dividend income on securities: | |||||
(1) U.S. Treasury securities and U.S. Government agency obligations | |||||
(excluding mortgage-backed securities) | B488 | 101 | |||
(2) Mortgage-backed securities | B489 | 256 | |||
(3) All other securities (includes securities issued by states and | |||||
political subdivisions in the U.S.) | 4060 | 1,046 | |||
e. Not applicable | |||||
f. Interest income on federal funds sold and securities purchased under agreements to resell | 4020 | 1 | |||
g. Other interest income | 4518 | 75 | |||
h. Total interest income (sum of items 1.a.(6) through 1.g) | 4107 | 18,350 | |||
2. Interest expense: | |||||
a. Interest on deposits: | |||||
(1) Transaction accounts (interest-bearing demand deposits, NOW accounts, ATS accounts, | |||||
and telephone and preauthorized transfer accounts) | 4508 | 27 | |||
(2) Nontransaction accounts: | |||||
(a) Savings deposits (includes MMDAs) ____________________________________________________________ | 0093 | 643 | |||
(b) Time deposits of $250,000 or less | HK03 | 809 | |||
(c) Time deposits of more than $250,000 | HK04 | 110 | |||
b. Expense of federal funds purchased and securities sold under agreements to repurchase______________________ | 4180 | 23 | |||
c. Other interest expense ___________________________________________________________________________ | GW44 | 833 | |||
d. Not applicable | |||||
e. Total interest expense (sum of items 2.a through 2.c) | 4073 | 2,445 | |||
3. Net interest income (item 1.h minus 2.e) | 4074 | 15,905 | |||
4. Provision for loan and lease losses(3)____________________________________________________________________ | JJ33 | 200 | |||
1.a.(1)(a)
1.a.(1)(b)
1.a.(2)
1.a.(3)(a)
1.a.(3)(b)
1.a.(5)
1.a.(6)
1.b.
1.c.
1.d.(1)
1.d.(2)
1.d.(3)
1.f.
1.g.
1.h.
2.a.(1)
2.a.(2)(a)
2.a.(2)(b)
2.a.(2)(c)
2.b.
2.c.
2.e.
3.
4.
(1)Includes interest and fee income on "Loans to depository institutions and acceptances of other banks," "Loans to finance agricultural production and other loans to farmers," "Obligations (other than securities and leases) of states and political subdivisions in the U.S.," and "Loans to nondepository financial institutions and other loans."
- Includes interest income on time certificates of deposit not held for trading.
- Institutions that have adopted ASU 2016-13 should report in item 4 the provisions for credit losses on all financial assets and off-balance-sheet credit exposures that fall within the scope of the standard.
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Bancorp. of Southern Indiana published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 14:33:04 UTC.