Citizens National Bank & Trust of Hazard - Overview
General
FDIC Certificate #: 14668 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Trust Bank, Inc. (#2720) Federal Reserve ID: 698715 Date Established: August 01, 1934 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 7 (Interstate: No) OTS Docket #: 13061 FDIC's unique #: 9172 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: August 16, 1934 Last Structure Change Effective Date: March 18, 2002 Last Structure Change Process Date: April 04, 2002 Last Data Update: April 04, 2002 Data Source Date: April 05, 2012
Location
Address: 100 Citizens Lane, Hazard, KY 41702 County: Perry Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Dallas FDIC Field Office: Lexington Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $138.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
61Total employees (full-time equivalent)
$138,470Total assets
$8,235Cash and due from depository institutions
$48Interest-bearing balances
$73,186Securities
$5,750Federal funds sold & reverse repurchase agreements
$43,244Net loans & leases
$2,153Loan loss allowance
$0Trading account assets
$3,018Bank premises and fixed assets
$14Other real estate owned
$2,336Goodwill and other intangibles
$0Life insurance assets
$2,687All other assets
$138,470Total liabilities and capital
$119,024Total liabilities
$118,425Total deposits
$93,636Interest-bearing deposits
$118,425Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$599All other liabilities
$19,446Total equity capital
$19,446Total bank equity capital
$19,446Perpetual preferred stock
$0Common stock
$880Surplus
$18,361Undivided profits
Memoranda
$205Noncurrent loans and leases
$2,011Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$295Earning assets
$0Long-term assets (5+ years)
$1,086Average Assets, year-to-date
$122,228Average Assets, quarterly
$59,089Volatile liabilities
$140,677Insider loans
$138,988FHLB advances
$15,660Loans and leases held for sale
$2,281Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,011Total unused commitments
$0Restructured Loans and leases
$752Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$1,944Total interest income
$902Total interest expense
$1,042Net interest income
$0Provision for loan and lease losses
$173Total noninterest income
$0Fiduciary activities
$156Service charges on deposit accounts
$0Trading account gains & fees
$17Additional noninterest income
$1,003Total noninterest expense
$546Salaries and employee benefits
$74Premises and equipment expense
$383Additional noninterest expense
$212Pre-tax net operating income
$28Securities gains (losses)
$77Applicable income taxes
$163Income before extraordinary items
$0Extraordinary gains - net
$163Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$187Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.53%Yield on earning assets
0.71%Cost of funding earning assets
0.82%Net interest margin
0.14%Noninterest income to earning assets
0.79%Noninterest expense to earning assets
0.10%Net operating income to assets
0.12%Return on assets (ROA)
0.17%Pretax return on assets
0.94%Return on equity (ROE)
0.94%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
1.13%Efficiency ratio
82,551Assets per employee
2.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.74%Loss allowance to noncurrent loans
729.83%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.65%Net loans and leases to deposits
36.52%Net loans and leases to core deposits
42.08%Equity capital to assets
14.04%Core capital (leverage) ratio
12.49%Tier 1 risk-based capital ratio
29.06%Total risk-based capital ratio
Memoranda
$30Average assets
$140,677Average earning assets
$17,303Average equity
$126,864Average loans
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