FDIC Certificate #: 1559 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Southern National Bank (#2700) Federal Reserve ID: 649445 Date Established: January 01, 1895 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) FDIC's unique #: 1026 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 01, 2005 Last Structure Change Process Date: July 12, 2005 Last Data Update: July 12, 2005 Data Source Date: April 05, 2012
Location
Address: 4th And Court, Wickliffe, KY 42087 County: Ballard Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Hopkinsville Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast Combined Statistical Area (CSA): Paducah-Mayfield, KY-IL (#424) Core Based Statistical Area (CBSA): Paducah, KY-IL (#37140) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $54.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$57,260Total assets
$1,228Cash and due from depository institutions
$0Interest-bearing balances
$14,137Securities
$1,375Federal funds sold & reverse repurchase agreements
$36,289Net loans & leases
$453Loan loss allowance
$0Trading account assets
$920Bank premises and fixed assets
$33Other real estate owned
$2,843Goodwill and other intangibles
$0Life insurance assets
$435All other assets
$57,260Total liabilities and capital
$50,753Total liabilities
$50,423Total deposits
$43,790Interest-bearing deposits
$50,423Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$330All other liabilities
$6,507Total equity capital
$6,507Total bank equity capital
$6,507Perpetual preferred stock
$0Common stock
$450Surplus
$5,713Undivided profits
Memoranda
$344Noncurrent loans and leases
$3,571Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$173Earning assets
$0Long-term assets (5+ years)
$383Average Assets, year-to-date
$51,801Average Assets, quarterly
$12,058Volatile liabilities
$59,487Insider loans
$59,042FHLB advances
$7,784Loans and leases held for sale
$673Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,571Total unused commitments
$0Restructured Loans and leases
$446Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$2,945Total interest income
$654Total interest expense
$2,291Net interest income
$0Provision for loan and lease losses
$395Total noninterest income
$0Fiduciary activities
$335Service charges on deposit accounts
$0Trading account gains & fees
$60Additional noninterest income
$1,785Total noninterest expense
$625Salaries and employee benefits
$193Premises and equipment expense
$967Additional noninterest expense
$901Pre-tax net operating income
$12Securities gains (losses)
$231Applicable income taxes
$682Income before extraordinary items
$0Extraordinary gains - net
$682Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$44Sale, conversion, retirement of capital stock, net
$760Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.46%Yield on earning assets
1.21%Cost of funding earning assets
4.25%Net interest margin
0.73%Noninterest income to earning assets
3.31%Noninterest expense to earning assets
1.13%Net operating income to assets
1.15%Return on assets (ROA)
1.53%Pretax return on assets
11.04%Return on equity (ROE)
-1.26%Retained earnings to average equity (YTD only)
-0.13%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
66,456Assets per employee
3.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
111.44%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
261.85%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
0.47%Net loans and leases to deposits
71.97%Net loans and leases to core deposits
85.11%Equity capital to assets
11.36%Core capital (leverage) ratio
6.69%Tier 1 risk-based capital ratio
9.78%Total risk-based capital ratio
Memoranda
$11Average assets
$59,487Average earning assets
$6,179Average equity
$53,936Average loans
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