First State Bank of Middlebury, Financial Information

AboutFirst State Bank of Middlebury

 Address:
111 South Main Street
Middlebury,IN
Elkhart County,Indiana
 Established:
Jan 1910
 Number of domestic offices:
7
Total assets$681M
Net income$11M
Net income,quarterly$3M
Total deposits$530M
Domestic deposits$530M
Equity capital$81M
ROA1.63%
ROAQ,quarterly1.75%
ROA,pretax1.75%
ROAQ,quarterly,pretax2.08%
ROE13.95%
ROEQ,quarterly14.75%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

First State Bank of Middlebury is a wholly owned subsidiary of Crystal Valley Financial Corporation (CYVF) , First State Bank is a locally owned, independent community bank providing consumer, agricultural, business and commercial financial services since 1910. In recent years the Corporation has expanded Asset Wealth Management Services through the Trust/Wealth Management Department. The bank is headquartered in Middlebury, Indiana.

First State Insurance Agency is a wholly owned subsidiary of First State Bank since 1962. In 2001, First State Insurance Agency expanded to the Goshen Banking Center with an office and in 2006 expanded to the Cobblestone Banking Center with an additional office. 2010 marks First State Bank's 100th year serving local communities.

111 S. Main Street
P.O. Box 69
Middlebury, IN 46540
574-825-2166
Toll Free: 800-511-1802
To Report a Lost or Stolen ATM/Debit Card:
574-825-2166
Toll Free: 800-511-1802