Bank of Fordsville in Fordsville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 16, 1994

Bank of Fordsville in Fordsville, Kentucky (KY)
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Bank of Fordsville - Overview

General
FDIC Certificate #: 305
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commonwealth Community Bank, Inc. (#8126)
Federal Reserve ID: 1001246
Date Established: October 01, 1906
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 244
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: January 01, 1934
Last Structure Change Effective Date: August 16, 1994
Last Structure Change Process Date: August 16, 1994
Last Data Update: August 16, 1994
Data Source Date: April 05, 2012
Location
Address: Main Street, Fordsville, KY 42343
County: Ohio
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Hopkinsville
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $11.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$7Total assets
$11,566Cash and due from depository institutions
$1,147Interest-bearing balances
$496Securities
$5,476Federal funds sold & reverse repurchase agreements
$448Net loans & leases
$4,230Loan loss allowance
$260Trading account assets
$0Bank premises and fixed assets
$141Other real estate owned
$5Goodwill and other intangibles
$119Life insurance assets
$0All other assets
$0Total liabilities and capital
$11,566Total liabilities
$10,378Total deposits
$10,352Interest-bearing deposits
$8,441Deposits held in domestic offices
10352.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$26Total equity capital
$26Total bank equity capital
$1,188Perpetual preferred stock
$0Common stock
$51Surplus
$857Undivided profits
Memoranda
$280Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$53Income earned, not collected on loans
$63Earning assets
$10,650Long-term assets (5+ years)
$167Average Assets, year-to-date
$11,374Average Assets, quarterly
$11,453Volatile liabilities
$562Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$66Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,188Total risk weighted assets
$3,578Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$666Total interest expense
$257Net interest income
$409Provision for loan and lease losses
$6Total noninterest income
$55Fiduciary activities
$0Service charges on deposit accounts
$50Trading account gains & fees
$0Additional noninterest income
$5Total noninterest expense
$346Salaries and employee benefits
$157Premises and equipment expense
$45Additional noninterest expense
$144Pre-tax net operating income
$112Securities gains (losses)
$7Applicable income taxes
$0Income before extraordinary items
$119Extraordinary gains - net
$0Net income attributable to bank
$119Net charge-offs
$20Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.38%Cost of funding earning assets
2.46%Net interest margin
3.92%Noninterest income to earning assets
0.53%Noninterest expense to earning assets
3.31%Net operating income to assets
0.98%Return on assets (ROA)
1.05%Pretax return on assets
1.05%Return on equity (ROE)
10.52%Retained earnings to average equity (YTD only)
10.52%Net charge-offs to loans
0.42%Credit loss provision to net charge-offs
30.00%Efficiency ratio
74,569Assets per employee
1.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.79%Loss allowance to noncurrent loans
490.57%Noncurrent assets plus other real estate owned to assets
0.50%Noncurrent loans to loans
1.18%Net loans and leases to deposits
40.86%Net loans and leases to core deposits
43.21%Equity capital to assets
10.27%Core capital (leverage) ratio
10.34%Tier 1 risk-based capital ratio
33.21%Total risk-based capital ratio
Memoranda
$35Average assets
$11,374Average earning assets
$1,131Average equity
$10,443Average loans

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