Citizens Union Bank in Central City, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 07, 1994

Citizens Union Bank in Central City, Kentucky (KY)
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Citizens Union Bank - Overview

General
FDIC Certificate #: 5853
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First State Bank (#2747)
Federal Reserve ID: 719049
Date Established: January 01, 1921
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 3999
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 07, 1994
Last Structure Change Process Date: July 21, 1994
Last Data Update: July 21, 1994
Data Source Date: April 05, 2012
Location
Address: 409 South Second Street, Central City, KY 42330
County: Muhlenberg
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
Core Based Statistical Area (CBSA): Central City, KY (#16420)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $26.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$13Total assets
$26,648Cash and due from depository institutions
$1,311Interest-bearing balances
$0Securities
$8,760Federal funds sold & reverse repurchase agreements
$1,150Net loans & leases
$14,650Loan loss allowance
$313Trading account assets
$0Bank premises and fixed assets
$362Other real estate owned
$8Goodwill and other intangibles
$407Life insurance assets
$0All other assets
$0Total liabilities and capital
$26,648Total liabilities
$23,653Total deposits
$23,398Interest-bearing deposits
$19,106Deposits held in domestic offices
23398.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$255Total equity capital
$255Total bank equity capital
$2,995Perpetual preferred stock
$0Common stock
$365Surplus
$635Undivided profits
Memoranda
$1,995Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$157Income earned, not collected on loans
$76Earning assets
$24,560Long-term assets (5+ years)
$739Average Assets, year-to-date
$25,980Average Assets, quarterly
$26,507Volatile liabilities
$1,671Insider loans
$225FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,995Total risk weighted assets
$14,117Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,743Total interest expense
$592Net interest income
$1,151Provision for loan and lease losses
$0Total noninterest income
$184Fiduciary activities
$0Service charges on deposit accounts
$94Trading account gains & fees
$0Additional noninterest income
$90Total noninterest expense
$901Salaries and employee benefits
$432Premises and equipment expense
$147Additional noninterest expense
$322Pre-tax net operating income
$434Securities gains (losses)
$3Applicable income taxes
$97Income before extraordinary items
$340Extraordinary gains - net
$109Net income attributable to bank
$449Net charge-offs
$31Cash dividends
$219Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.26%Cost of funding earning assets
2.47%Net interest margin
4.79%Noninterest income to earning assets
0.77%Noninterest expense to earning assets
3.75%Net operating income to assets
1.30%Return on assets (ROA)
1.73%Pretax return on assets
2.10%Return on equity (ROE)
15.95%Retained earnings to average equity (YTD only)
8.17%Net charge-offs to loans
0.21%Credit loss provision to net charge-offs
0.00%Efficiency ratio
67,491Assets per employee
2.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.78%Loss allowance to loans
2.09%Loss allowance to noncurrent loans
199.36%Noncurrent assets plus other real estate owned to assets
0.62%Noncurrent loans to loans
1.05%Net loans and leases to deposits
62.61%Net loans and leases to core deposits
67.43%Equity capital to assets
11.24%Core capital (leverage) ratio
11.36%Tier 1 risk-based capital ratio
21.22%Total risk-based capital ratio
Memoranda
$22Average assets
$25,980Average earning assets
$2,815Average equity
$24,014Average loans

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