Calvert Bank in Calvert City, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 13, 2001

Calvert Bank in Calvert City, Kentucky (KY)
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Calvert Bank - Overview

General
FDIC Certificate #: 8125
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community Financial Services Bank (#287)
Federal Reserve ID: 976141
Date Established: October 01, 1908
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 13219
FDIC's unique #: 5174
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: July 13, 2001
Last Structure Change Process Date: July 19, 2001
Last Data Update: July 19, 2001
Data Source Date: April 05, 2012
Location
Address: Fifth And Cedar Streets, Calvert City, KY 42029
County: Marshall
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Dallas
FDIC Field Office: Hopkinsville
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $63.8 mil

1992 - 1999 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, 2000)

Dollar figures in thousands
14Total employees (full-time equivalent)
$66,341Total assets
$1,396Cash and due from depository institutions
$5Interest-bearing balances
$14,546Securities
$0Federal funds sold & reverse repurchase agreements
$48,944Net loans & leases
$583Loan loss allowance
$0Trading account assets
$754Bank premises and fixed assets
$122Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$579All other assets
$66,341Total liabilities and capital
$60,888Total liabilities
$56,669Total deposits
$49,378Interest-bearing deposits
$56,669Deposits held in domestic offices
0.00%% insured (estimated)
$2,409Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,450Other borrowed funds
$0Subordinated debt
$360All other liabilities
$5,453Total equity capital
$5,453Total bank equity capital
$5,453Perpetual preferred stock
$0Common stock
$150Surplus
$1,450Undivided profits
Memoranda
$3,853Noncurrent loans and leases
$3,011Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$172Earning assets
$0Long-term assets (5+ years)
$339Average Assets, year-to-date
$63,495Average Assets, quarterly
$9,673Volatile liabilities
$65,191Insider loans
$66,153FHLB advances
$10,725Loans and leases held for sale
$797Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,011Total unused commitments
$0Restructured Loans and leases
$542Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$5,559Total interest income
$2,741Total interest expense
$2,818Net interest income
$215Provision for loan and lease losses
$359Total noninterest income
$0Fiduciary activities
$261Service charges on deposit accounts
$0Trading account gains & fees
$98Additional noninterest income
$1,848Total noninterest expense
$584Salaries and employee benefits
$259Premises and equipment expense
$1,005Additional noninterest expense
$1,114Pre-tax net operating income
$0Securities gains (losses)
$333Applicable income taxes
$781Income before extraordinary items
$0Extraordinary gains - net
$781Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$130Sale, conversion, retirement of capital stock, net
$75Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.96%Yield on earning assets
4.42%Cost of funding earning assets
4.54%Net interest margin
0.58%Noninterest income to earning assets
2.98%Noninterest expense to earning assets
1.20%Net operating income to assets
1.20%Return on assets (ROA)
1.71%Pretax return on assets
16.04%Return on equity (ROE)
14.50%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
165.38%Credit loss provision to net charge-offs
10.22%Efficiency ratio
58,168Assets per employee
4.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
9.60%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
338.95%Noncurrent assets plus other real estate owned to assets
0.44%Noncurrent loans to loans
0.35%Net loans and leases to deposits
86.37%Net loans and leases to core deposits
98.28%Equity capital to assets
8.22%Core capital (leverage) ratio
8.10%Tier 1 risk-based capital ratio
12.35%Total risk-based capital ratio
Memoranda
$14Average assets
$65,191Average earning assets
$4,869Average equity
$62,021Average loans

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