American Fidelity Bank and Trust Company in Corbin, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 29, 1996

American Fidelity Bank and Trust Company in Corbin, Kentucky (KY)
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American Fidelity Bank and Trust Company - Overview

General
FDIC Certificate #: 18362
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: National City Bank of Kentucky (#2756)
Federal Reserve ID: 743914
Date Established: March 25, 1961
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 12274
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: March 25, 1961
Last Structure Change Effective Date: Febuary 29, 1996
Last Structure Change Process Date: March 08, 1996
Last Data Update: March 08, 1996
Data Source Date: April 05, 2012
Location
Address: U.S. Highway 25e, Corbin, KY 40701
County: Knox
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Chicago
FDIC Field Office: Knoxville
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $66.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$41Total assets
$66,201Cash and due from depository institutions
$3,981Interest-bearing balances
$44Securities
$1,456Federal funds sold & reverse repurchase agreements
$7,005Net loans & leases
$44,304Loan loss allowance
$547Trading account assets
$0Bank premises and fixed assets
$2,872Other real estate owned
$75Goodwill and other intangibles
$1,883Life insurance assets
$4,625All other assets
$0Total liabilities and capital
$66,201Total liabilities
$55,047Total deposits
$54,078Interest-bearing deposits
$44,155Deposits held in domestic offices
54078.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$969Total equity capital
$969Total bank equity capital
$11,154Perpetual preferred stock
$0Common stock
$450Surplus
$10,328Undivided profits
Memoranda
$376Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$71Income earned, not collected on loans
$458Earning assets
$52,809Long-term assets (5+ years)
$1,014Average Assets, year-to-date
$67,365Average Assets, quarterly
$66,132Volatile liabilities
$4,981Insider loans
$117FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,001Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,527Total risk weighted assets
$47,756Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,674Total interest expense
$1,014Net interest income
$1,660Provision for loan and lease losses
$0Total noninterest income
$178Fiduciary activities
$0Service charges on deposit accounts
$126Trading account gains & fees
$0Additional noninterest income
$52Total noninterest expense
$1,191Salaries and employee benefits
$562Premises and equipment expense
$186Additional noninterest expense
$443Pre-tax net operating income
$647Securities gains (losses)
$0Applicable income taxes
$273Income before extraordinary items
$374Extraordinary gains - net
$0Net income attributable to bank
$374Net charge-offs
$288Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
4.74%Cost of funding earning assets
1.80%Net interest margin
2.94%Noninterest income to earning assets
0.32%Noninterest expense to earning assets
2.11%Net operating income to assets
0.56%Return on assets (ROA)
0.56%Pretax return on assets
0.96%Return on equity (ROE)
3.95%Retained earnings to average equity (YTD only)
3.95%Net charge-offs to loans
0.66%Credit loss provision to net charge-offs
0.00%Efficiency ratio
56,039Assets per employee
1.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
770.42%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.16%Net loans and leases to deposits
81.93%Net loans and leases to core deposits
90.24%Equity capital to assets
16.85%Core capital (leverage) ratio
10.63%Tier 1 risk-based capital ratio
13.67%Total risk-based capital ratio
Memoranda
$15Average assets
$67,365Average earning assets
$9,458Average equity
$56,379Average loans

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