FDIC Certificate #: 9310 Status: Active Federal Reserve ID: 358112 Bank Holding Company (Regulatory Top Holder): Commercial Bancshares, Inc., Savings & Employee Stock Ownership Plan (RSSDID: 2538860, Location: West Liberty, KY) Date Established: January 01, 1910 WWW:http://www.commercialbankky.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 10744 FDIC's unique #: 5965 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 01, 2008 Last Structure Change Process Date: January 14, 2008 Last Data Update: January 14, 2008 Data Source Date: April 05, 2012
Location
Address: 550 Main Street, West Liberty, KY 41472 County: Morgan 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
History of Changes
Change in Location
Financial Summary
Total assets: $127.4 mil Equity capital: $16.2 mil Deposits held in domestic offices: $102.0 mil Return on assets (ROA): 0.87% ($1.1 mil) Quarterly return on assets: 0.28% ($0.4 mil) Return on Equity (ROE): 6.75% ($1.1 mil) Quarterly return on equity: 2.13% ($0.3 mil) Net income: $1.1 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.87% ($1,108.8 mil) Quarterly Pretax return on assets: 0.28% ($356.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
37Total employees (full-time equivalent)
$127,449Total assets
$4,500Cash and due from depository institutions
$8Interest-bearing balances
$59,153Securities
$10,488Federal funds sold & reverse repurchase agreements
$43,399Net loans & leases
$648Loan loss allowance
$0Trading account assets
$2,714Bank premises and fixed assets
$7Other real estate owned
$3,268Goodwill and other intangibles
$127,449Life insurance assets
$3,920All other assets
$111,290Total liabilities and capital
$102,029Total liabilities
$84,444Total deposits
$102,029Interest-bearing deposits
$97Deposits held in domestic offices
7237.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$140Trading liabilities
$0Other borrowed funds
$1,884Subordinated debt
$16,159All other liabilities
$16,159Total equity capital
$16,159Total bank equity capital
$0Perpetual preferred stock
$567Common stock
$9,496Surplus
$6,096Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$448Income earned, not collected on loans
$0Earning assets
$491Long-term assets (5+ years)
$113,048Average Assets, year-to-date
$54,284Average Assets, quarterly
$125,007Volatile liabilities
$125,532Insider loans
$56,232FHLB advances
$121,735Loans and leases held for sale
$2,466Unused loan commitments
$2,466Tier 1 (core) risk-based capital
$11,329Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,702Restructured Loans and leases
$4,523Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,162Total interest income
$1,309Total interest expense
$3,853Net interest income
$107Provision for loan and lease losses
$1,040Total noninterest income
$0Fiduciary activities
$627Service charges on deposit accounts
$0Trading account gains & fees
$413Additional noninterest income
$3,703Total noninterest expense
$1,946Salaries and employee benefits
$568Premises and equipment expense
$1,189Additional noninterest expense
$1,083Pre-tax net operating income
$1Securities gains (losses)
$0Applicable income taxes
$1,084Income before extraordinary items
$0Extraordinary gains - net
$1,084Net income attributable to bank
$0Net charge-offs
$1,084Cash dividends
$115Sale, conversion, retirement of capital stock, net
$730Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.68%Yield on earning assets
1.19%Cost of funding earning assets
3.49%Net interest margin
0.94%Noninterest income to earning assets
3.36%Noninterest expense to earning assets
0.87%Net operating income to assets
0.87%Return on assets (ROA)
0.87%Pretax return on assets
6.75%Return on equity (ROE)
2.21%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
93.04%Credit loss provision to net charge-offs
10.35%Efficiency ratio
75,680Assets per employee
3.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.34%Loss allowance to loans
1.47%Loss allowance to noncurrent loans
144.64%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
1.02%Net loans and leases to deposits
42.54%Net loans and leases to core deposits
43.21%Equity capital to assets
12.68%Core capital (leverage) ratio
9.31%Tier 1 risk-based capital ratio
20.15%Total risk-based capital ratio
Memoranda
$21Average assets
$125,007Average earning assets
$16,054Average equity
$110,328Average loans
List of branches
1 Kentucky Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5965
Commercial Bank
550 Main Street, West Liberty, KY 41472
January 01, 1910
Full Service Brick and Mortar
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