Citizens National Bank & Trust of Hazard in Hazard, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 18, 2002

  • Citizens National Bank & Trust of Hazard in Hazard, Kentucky (KY)
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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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