IBA Year in Review: A Recap of 2012

Your Indiana Bankers Association has good news to report for 2012. The IBA currently has 154 bank members, three trust company members and 182 associate members. There are only two banks headquartered in Indiana that are not members. The IBA remains financially strong, with nearly $3 million in cash...

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Bibliographic Details
Published inHoosier Banker Vol. 96; no. 10; p. 12
Main Author Glotzbach, Patrick J
Format Trade Publication Article
LanguageEnglish
Published Indianapolis Indiana Bankers Association 01.10.2012
Subjects
Bankers associations
Banking industry
Banks
Chairman of the board
Chief executive officers
Commercial credit
Community
Corporate presidents
Disaster relief
Financial performance
Lines of credit
Market strategy
Year in review
United States > US
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Summary:Your Indiana Bankers Association has good news to report for 2012. The IBA currently has 154 bank members, three trust company members and 182 associate members. There are only two banks headquartered in Indiana that are not members. The IBA remains financially strong, with nearly $3 million in cash, a building that is paid for, no debt and a current net worth just short of $3.4 million. In 2011 IBA had after-tax net income of $165,000 and a 4.8 percent return on equity, while maintaining a member dues schedule that is among the lowest in the country.
ISSN:0018-473X