Bank of Clinton County, Inc. in Albany, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 09, 2002

Bank of Clinton County, Inc. in Albany, Kentucky (KY)
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Bank of Clinton County, Inc. - Overview

General
FDIC Certificate #: 21015
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Monticello Banking Company (#292)
Federal Reserve ID: 809744
Date Established: April 02, 1973
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 14217
FDIC's unique #: 14517
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: April 02, 1973
Last Structure Change Effective Date: September 09, 2002
Last Structure Change Process Date: September 11, 2002
Last Data Update: September 11, 2002
Data Source Date: April 05, 2012
Location
Address: 310 North Cross Street, Albany, KY 42602
County: Clinton
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Elizabethtown
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $40.4 mil

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

2000 - 2011 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, 2001)

Dollar figures in thousands
18Total employees (full-time equivalent)
$41,278Total assets
$727Cash and due from depository institutions
$5Interest-bearing balances
$6,870Securities
$2,710Federal funds sold & reverse repurchase agreements
$29,391Net loans & leases
$507Loan loss allowance
$0Trading account assets
$768Bank premises and fixed assets
$26Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$786All other assets
$41,278Total liabilities and capital
$37,215Total liabilities
$36,240Total deposits
$32,126Interest-bearing deposits
$36,240Deposits held in domestic offices
0.00%% insured (estimated)
$400Federal funds purchased & repurchase agreements
$0Trading liabilities
$313Other borrowed funds
$0Subordinated debt
$262All other liabilities
$4,063Total equity capital
$4,063Total bank equity capital
$4,063Perpetual preferred stock
$0Common stock
$440Surplus
$1,700Undivided profits
Memoranda
$1,923Noncurrent loans and leases
$1,932Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,030Earning assets
$0Long-term assets (5+ years)
$465Average Assets, year-to-date
$38,976Average Assets, quarterly
$6,365Volatile liabilities
$42,172Insider loans
$42,338FHLB advances
$5,059Loans and leases held for sale
$200Unused loan commitments
$313Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,932Total unused commitments
$0Restructured Loans and leases
$372Derivatives

Income and Expense (December 31, 2001)

Dollar figures in thousands
$3,463Total interest income
$1,720Total interest expense
$1,743Net interest income
$317Provision for loan and lease losses
$421Total noninterest income
$0Fiduciary activities
$326Service charges on deposit accounts
$0Trading account gains & fees
$95Additional noninterest income
$1,476Total noninterest expense
$538Salaries and employee benefits
$159Premises and equipment expense
$779Additional noninterest expense
$371Pre-tax net operating income
$0Securities gains (losses)
$50Applicable income taxes
$321Income before extraordinary items
$0Extraordinary gains - net
$321Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$157Sale, conversion, retirement of capital stock, net
$235Net operating income

Performance and Condition Ratios (December 31, 2001)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.79%Yield on earning assets
4.37%Cost of funding earning assets
4.42%Net interest margin
1.07%Noninterest income to earning assets
3.75%Noninterest expense to earning assets
0.76%Net operating income to assets
0.76%Return on assets (ROA)
0.88%Pretax return on assets
7.95%Return on equity (ROE)
2.13%Retained earnings to average equity (YTD only)
0.52%Net charge-offs to loans
201.91%Credit loss provision to net charge-offs
4.38%Efficiency ratio
68,207Assets per employee
2.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
73.21%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
49.22%Noncurrent assets plus other real estate owned to assets
2.56%Noncurrent loans to loans
3.45%Net loans and leases to deposits
81.10%Net loans and leases to core deposits
92.48%Equity capital to assets
9.84%Core capital (leverage) ratio
9.36%Tier 1 risk-based capital ratio
13.54%Total risk-based capital ratio
Memoranda
$15Average assets
$42,172Average earning assets
$4,040Average equity
$39,404Average loans

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