Central Bank, FSB in Nicholasville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 18, 2011

  • Central Bank, FSB in Nicholasville, Kentucky (KY)
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Central Bank, FSB - Overview

  • General
  • FDIC Certificate #: 34581
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Central Bank & Trust Co. (#15815)
    Federal Reserve ID: 2650306
    Date Established: Febuary 02, 1998
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 14545
    FDIC's unique #: 60640
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 02, 1998
    Last Structure Change Effective Date: January 18, 2011
    Last Structure Change Process Date: Febuary 22, 2011
    Last Data Update: Febuary 22, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 North Main Street, Nicholasville, KY 40356
    County: Jessamine
    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)
  • Financial Summary
  • Total assets: $191.8 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, 2010)

  • Dollar figures in thousands
  • 32Total employees (full-time equivalent)
  • $191,830Total assets
  • $1,507Cash and due from depository institutions
  • $0Interest-bearing balances
  • $15,920Securities
  • $15,880Federal funds sold & reverse repurchase agreements
  • $147,208Net loans & leases
  • $2,101Loan loss allowance
  • $0Trading account assets
  • $4,600Bank premises and fixed assets
  • $4,656Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,059All other assets
  • $191,830Total liabilities and capital
  • $174,302Total liabilities
  • $161,585Total deposits
  • $132,020Interest-bearing deposits
  • $161,585Deposits held in domestic offices
  • 82.53%% insured (estimated)
  • $12,349Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $368All other liabilities
  • $17,528Total equity capital
  • $17,528Total bank equity capital
  • $17,528Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $6,530Undivided profits
  • Memoranda
  • $7,998Noncurrent loans and leases
  • $34,009Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,434Earning assets
  • $0Long-term assets (5+ years)
  • $632Average Assets, year-to-date
  • $179,008Average Assets, quarterly
  • $0Volatile liabilities
  • $179,399Insider loans
  • $187,816FHLB advances
  • $69,144Loans and leases held for sale
  • $3,001Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $34,009Total unused commitments
  • $178Restructured Loans and leases
  • $1,876Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $8,277Total interest income
  • $2,164Total interest expense
  • $6,113Net interest income
  • $2,980Provision for loan and lease losses
  • $2,544Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,544Additional noninterest income
  • $5,291Total noninterest expense
  • $2,239Salaries and employee benefits
  • $1,518Premises and equipment expense
  • $1,534Additional noninterest expense
  • $386Pre-tax net operating income
  • $0Securities gains (losses)
  • $64Applicable income taxes
  • $322Income before extraordinary items
  • $0Extraordinary gains - net
  • $322Net income attributable to bank
  • $0Net charge-offs
  • $322Cash dividends
  • $3,038Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 1.29%Cost of funding earning assets
  • 3.65%Net interest margin
  • 1.52%Noninterest income to earning assets
  • 3.16%Noninterest expense to earning assets
  • 0.18%Net operating income to assets
  • 0.18%Return on assets (ROA)
  • 0.22%Pretax return on assets
  • 1.85%Return on equity (ROE)
  • 1.85%Retained earnings to average equity (YTD only)
  • 2.00%Net charge-offs to loans
  • 98.09%Credit loss provision to net charge-offs
  • 1.11%Efficiency ratio
  • 61,118Assets per employee
  • 5.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 38.66%Noncurrent assets plus other real estate owned to assets
  • 5.26%Noncurrent loans to loans
  • 3.64%Net loans and leases to deposits
  • 91.10%Net loans and leases to core deposits
  • 140.48%Equity capital to assets
  • 9.14%Core capital (leverage) ratio
  • 9.14%Tier 1 risk-based capital ratio
  • 11.69%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $179,399Average earning assets
  • $17,433Average equity
  • $167,689Average loans

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