Alliance Bank in city_name, state_name - Detailed Financial Reports, Location

Alliance Bank in Somerset, Kentucky (KY)
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Alliance Bank - Overview

General
FDIC Certificate #: 30196
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Area Bank (#18478)
Federal Reserve ID: 875075
Date Established: January 01, 1935
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Interstate: No)
OTS Docket #: 4927
FDIC's unique #: 43030
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: May 10, 1943
Last Structure Change Effective Date: October 02, 2000
Last Structure Change Process Date: December 04, 2000
Last Data Update: December 04, 2000
Data Source Date: April 05, 2012
Location
Address: 124 North Main St, Somerset, KY 42501
County: Pulaski
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Dallas
FDIC Field Office: Lexington
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Somerset, KY (#43700)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $185.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

Dollar figures in thousands
73Total employees (full-time equivalent)
$195,368Total assets
$8,389Cash and due from depository institutions
$44Interest-bearing balances
$37,011Securities
$0Federal funds sold & reverse repurchase agreements
$141,923Net loans & leases
$1,861Loan loss allowance
$0Trading account assets
$4,822Bank premises and fixed assets
$21Other real estate owned
$898Goodwill and other intangibles
$0Life insurance assets
$2,304All other assets
$195,368Total liabilities and capital
$181,716Total liabilities
$153,757Total deposits
$140,257Interest-bearing deposits
$153,757Deposits held in domestic offices
0.00%% insured (estimated)
$12,257Federal funds purchased & repurchase agreements
$0Trading liabilities
$15,000Other borrowed funds
$0Subordinated debt
$702All other liabilities
$13,652Total equity capital
$13,652Total bank equity capital
$13,652Perpetual preferred stock
$0Common stock
$5,100Surplus
$5,100Undivided profits
Memoranda
$3,452Noncurrent loans and leases
$73,839Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$161Earning assets
$0Long-term assets (5+ years)
$891Average Assets, year-to-date
$178,978Average Assets, quarterly
$41,329Volatile liabilities
$185,346Insider loans
$189,764FHLB advances
$23,887Loans and leases held for sale
$4,253Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$73,839Total unused commitments
$0Restructured Loans and leases
$1,861Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$14,100Total interest income
$6,276Total interest expense
$7,824Net interest income
$0Provision for loan and lease losses
$1,912Total noninterest income
$0Fiduciary activities
$766Service charges on deposit accounts
$0Trading account gains & fees
$1,146Additional noninterest income
$5,833Total noninterest expense
$2,755Salaries and employee benefits
$772Premises and equipment expense
$2,306Additional noninterest expense
$3,903Pre-tax net operating income
$0Securities gains (losses)
$1,223Applicable income taxes
$2,680Income before extraordinary items
$0Extraordinary gains - net
$2,680Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$29Sale, conversion, retirement of capital stock, net
$3,352Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.28%Yield on earning assets
3.69%Cost of funding earning assets
4.59%Net interest margin
1.12%Noninterest income to earning assets
3.43%Noninterest expense to earning assets
1.45%Net operating income to assets
1.45%Return on assets (ROA)
2.11%Pretax return on assets
19.19%Return on equity (ROE)
-4.81%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
134.59%Efficiency ratio
57,590Assets per employee
2.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
125.07%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
1155.90%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.11%Net loans and leases to deposits
92.30%Net loans and leases to core deposits
99.86%Equity capital to assets
6.99%Core capital (leverage) ratio
7.28%Tier 1 risk-based capital ratio
8.44%Total risk-based capital ratio
Memoranda
$10Average assets
$185,346Average earning assets
$13,966Average equity
$170,279Average loans

Alliance Bank in Somerset, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

Alliance Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

Comment about this bank, ask questions, or add new information about it:

Alliance Bank in Somerset, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

Alliance Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

Comment about this bank, ask questions, or add new information about it:

Alliance Bank in Somerset, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches