FDIC Certificate #: 58848 Status: Active Federal Reserve ID: 3897434 Date Established: March 11, 2009 WWW:http://www.bluegrasscommunitybank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 470174 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: March 11, 2009 Last Structure Change Effective Date: March 11, 2009 Last Structure Change Process Date: March 11, 2009 Last Data Update: March 11, 2009 Data Source Date: April 05, 2012
Location
Address: 113 Smoky Way, Danville, KY 40422 County: Boyle 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 Core Based Statistical Area (CBSA): Danville, KY (#19220) CBSA Micro Statistical Area: Yes
History of Changes
Corrections
Change in Geographic Region/Area/Territory/Field Office
New Institution
Financial Summary
Total assets: $44.4 mil Equity capital: $5.9 mil Deposits held in domestic offices: $36.8 mil Return on assets (ROA): -1.01% (-$0.4 mil) Quarterly return on assets: -1.20% (-$0.5 mil) Return on Equity (ROE): -6.88% (-$0.4 mil) Quarterly return on equity: -8.87% (-$0.5 mil) Net income: -$0.4 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -1.01% (-$448.7 mil) Quarterly Pretax return on assets: -1.20% (-$533.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$44,421Total assets
$2,018Cash and due from depository institutions
$1,008Interest-bearing balances
$9,040Securities
$1,911Federal funds sold & reverse repurchase agreements
$28,883Net loans & leases
$368Loan loss allowance
$0Trading account assets
$2,083Bank premises and fixed assets
$99Other real estate owned
$0Goodwill and other intangibles
$44,421Life insurance assets
$387All other assets
$38,527Total liabilities and capital
$36,781Total liabilities
$34,811Total deposits
$36,781Interest-bearing deposits
$95Deposits held in domestic offices
1000.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$500Trading liabilities
$0Other borrowed funds
$246Subordinated debt
$5,894All other liabilities
$5,894Total equity capital
$5,894Total bank equity capital
$0Perpetual preferred stock
$904Common stock
$8,064Surplus
$-3,074Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$191Long-term assets (5+ years)
$40,842Average Assets, year-to-date
$8,248Average Assets, quarterly
$40,455Volatile liabilities
$43,389Insider loans
$29,476FHLB advances
$42,655Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,718Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,549Restructured Loans and leases
$2,348Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,799Total interest income
$582Total interest expense
$1,217Net interest income
$68Provision for loan and lease losses
$71Total noninterest income
$0Fiduciary activities
$65Service charges on deposit accounts
$0Trading account gains & fees
$6Additional noninterest income
$1,627Total noninterest expense
$746Salaries and employee benefits
$232Premises and equipment expense
$649Additional noninterest expense
-$407Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$407Income before extraordinary items
$0Extraordinary gains - net
-$407Net income attributable to bank
$0Net charge-offs
-$407Cash dividends
$11Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.85%Yield on earning assets
1.57%Cost of funding earning assets
3.28%Net interest margin
0.19%Noninterest income to earning assets
4.39%Noninterest expense to earning assets
-1.01%Net operating income to assets
-1.01%Return on assets (ROA)
-1.01%Pretax return on assets
-6.88%Return on equity (ROE)
-6.88%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
618.18%Credit loss provision to net charge-offs
-30.82%Efficiency ratio
126,320Assets per employee
4.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.00%Net loans and leases to deposits
78.53%Net loans and leases to core deposits
81.36%Equity capital to assets
13.27%Core capital (leverage) ratio
13.41%Tier 1 risk-based capital ratio
19.40%Total risk-based capital ratio
Memoranda
$21Average assets
$40,455Average earning assets
$5,918Average equity
$37,069Average loans
List of branches
1 Kentucky Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
470174
Bluegrass Community Bank
113 Smoky Way, Danville, KY 40422
March 11, 2009
Full Service Brick and Mortar
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