FDIC Certificate #: 11357 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Hancock Bank & Trust Company (#8128) Federal Reserve ID: 985844 Date Established: January 01, 1916 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 7256 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: January 01, 2005 Last Structure Change Process Date: January 10, 2005 Last Data Update: January 10, 2005 Data Source Date: April 05, 2012
Location
Address: 102 West Main Street, Cloverport, KY 40111 County: Breckinridge 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: $30.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
8Total employees (full-time equivalent)
$30,679Total assets
$430Cash and due from depository institutions
$0Interest-bearing balances
$17,572Securities
$694Federal funds sold & reverse repurchase agreements
$11,480Net loans & leases
$150Loan loss allowance
$0Trading account assets
$260Bank premises and fixed assets
$4Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$239All other assets
$30,679Total liabilities and capital
$28,033Total liabilities
$27,970Total deposits
$23,107Interest-bearing deposits
$27,970Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$6Other borrowed funds
$0Subordinated debt
$57All other liabilities
$2,646Total equity capital
$2,646Total bank equity capital
$2,646Perpetual preferred stock
$0Common stock
$50Surplus
$950Undivided profits
Memoranda
$1,646Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$265Earning assets
$0Long-term assets (5+ years)
$233Average Assets, year-to-date
$29,746Average Assets, quarterly
$14,083Volatile liabilities
$30,055Insider loans
$30,911FHLB advances
$2,750Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$150Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$1,633Total interest income
$605Total interest expense
$1,028Net interest income
$84Provision for loan and lease losses
$85Total noninterest income
$0Fiduciary activities
$57Service charges on deposit accounts
$0Trading account gains & fees
$28Additional noninterest income
$605Total noninterest expense
$267Salaries and employee benefits
$65Premises and equipment expense
$273Additional noninterest expense
$424Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$424Income before extraordinary items
$0Extraordinary gains - net
$424Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$55Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.60%Yield on earning assets
2.07%Cost of funding earning assets
3.52%Net interest margin
0.29%Noninterest income to earning assets
2.07%Noninterest expense to earning assets
1.41%Net operating income to assets
1.41%Return on assets (ROA)
1.41%Pretax return on assets
17.20%Return on equity (ROE)
17.20%Retained earnings to average equity (YTD only)
0.45%Net charge-offs to loans
152.73%Credit loss provision to net charge-offs
9.24%Efficiency ratio
54,358Assets per employee
3.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
56.60%Noncurrent assets plus other real estate owned to assets
0.88%Noncurrent loans to loans
2.28%Net loans and leases to deposits
41.04%Net loans and leases to core deposits
45.51%Equity capital to assets
8.62%Core capital (leverage) ratio
8.59%Tier 1 risk-based capital ratio
18.93%Total risk-based capital ratio
Memoranda
$20Average assets
$30,055Average earning assets
$2,464Average equity
$29,184Average loans
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