Bank of Lexington, Inc. in city_name, state_name - Detailed Financial Reports, Location

Bank of Lexington, Inc. in Lexington, Kentucky (KY)
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Bank of Lexington, Inc. routing number info

Bank of Lexington, Inc. - Overview

General
FDIC Certificate #: 58164
Status: Active
Federal Reserve ID: 3410141
Bank Holding Company (Regulatory Top Holder): Bancorp Of Lexington Inc. (RSSDID: 3825062, Location: Lexington, KY)
Date Established: Febuary 06, 2006
WWW: http://www.bankoflexington.net
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 441082
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 06, 2006
Last Structure Change Effective Date: January 30, 2007
Last Structure Change Process Date: Febuary 02, 2007
Last Data Update: Febuary 02, 2007
Data Source Date: April 05, 2012
Location
Address: 761 Corporate Drive, Lexington, KY 40503
County: Fayette
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Lexington
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Lexington, KY (#4280)
Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
Core Based Statistical Area (CBSA): Lexington-Fayette, KY (#30460)
CBSA Metro Statistical Area: Lexington-Fayette, KY (#30460)
History of Changes
Name Change
Financial Summary
Total assets: $166.8 mil
Equity capital: $17.3 mil
Deposits held in domestic offices: $135.6 mil
Return on assets (ROA): 0.69% ($1.2 mil)
Quarterly return on assets: 0.80% ($1.3 mil)
Return on Equity (ROE): 6.45% ($1.1 mil)
Quarterly return on equity: 7.71% ($1.3 mil)
Net income: $1.1 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.03% ($1,717.6 mil)
Quarterly Pretax return on assets: 1.21% ($2,017.8 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, 2011)

Dollar figures in thousands
35Total employees (full-time equivalent)
$166,757Total assets
$8,352Cash and due from depository institutions
$90Interest-bearing balances
$16,173Securities
$6,105Federal funds sold & reverse repurchase agreements
$131,925Net loans & leases
$1,797Loan loss allowance
$0Trading account assets
$1,863Bank premises and fixed assets
$425Other real estate owned
$0Goodwill and other intangibles
$166,757Life insurance assets
$1,914All other assets
$149,438Total liabilities and capital
$135,552Total liabilities
$122,821Total deposits
$135,552Interest-bearing deposits
$95Deposits held in domestic offices
47.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$13,036Trading liabilities
$0Other borrowed funds
$803Subordinated debt
$17,319All other liabilities
$17,319Total equity capital
$17,319Total bank equity capital
$0Perpetual preferred stock
$1,491Common stock
$14,433Surplus
$1,395Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$496Income earned, not collected on loans
$0Earning assets
$573Long-term assets (5+ years)
$154,293Average Assets, year-to-date
$12,444Average Assets, quarterly
$155,129Volatile liabilities
$164,867Insider loans
$119,054FHLB advances
$163,971Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$17,251Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$15,296Restructured Loans and leases
$10,067Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,962Total interest income
$1,762Total interest expense
$6,200Net interest income
$505Provision for loan and lease losses
$323Total noninterest income
$0Fiduciary activities
$64Service charges on deposit accounts
$0Trading account gains & fees
$259Additional noninterest income
$4,571Total noninterest expense
$2,673Salaries and employee benefits
$631Premises and equipment expense
$1,267Additional noninterest expense
$1,447Pre-tax net operating income
$157Securities gains (losses)
$539Applicable income taxes
$1,065Income before extraordinary items
$0Extraordinary gains - net
$1,065Net income attributable to bank
$0Net charge-offs
$1,065Cash dividends
$122Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.65%Yield on earning assets
1.25%Cost of funding earning assets
4.40%Net interest margin
0.23%Noninterest income to earning assets
3.25%Noninterest expense to earning assets
0.62%Net operating income to assets
0.69%Return on assets (ROA)
1.03%Pretax return on assets
6.45%Return on equity (ROE)
6.45%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
413.93%Credit loss provision to net charge-offs
16.00%Efficiency ratio
70,075Assets per employee
4.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.34%Loss allowance to noncurrent loans
362.30%Noncurrent assets plus other real estate owned to assets
0.55%Noncurrent loans to loans
0.37%Net loans and leases to deposits
97.32%Net loans and leases to core deposits
105.34%Equity capital to assets
10.39%Core capital (leverage) ratio
10.52%Tier 1 risk-based capital ratio
14.49%Total risk-based capital ratio
Memoranda
$16Average assets
$155,129Average earning assets
$16,519Average equity
$140,860Average loans

List of branches

2 Kentucky Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	441082	Bank Of Lexington, Inc.	761 Corporate Drive, Lexington, KY 40503	Febuary 06, 2006	Full Service Brick and Mortar
2	509810	Polo Club Branch	6409 Polo Club Lane, Lexington, KY 40509	August 31, 2009	Full Service Brick and Mortar

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

Bank of Lexington, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

Bank of Lexington, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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