Community First Bank in Maysville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1997

Community First Bank in Maysville, Kentucky (KY)
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Community First Bank - Overview

General
FDIC Certificate #: 10518
Status: Inactive
Closing history: Corrections
Acquiring institution: Community First Bank, National Association (#6682)
Federal Reserve ID: 659510
Date Established: January 01, 1907
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 11711
FDIC's unique #: 6734
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, 1997
Last Structure Change Process Date: July 14, 1997
Last Data Update: August 26, 1997
Data Source Date: April 05, 2012
Location
Address: 1201 U.S. 68, Maysville, KY 41056
County: Mason
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
Core Based Statistical Area (CBSA): Maysville, KY (#32500)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $45.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$23Total assets
$44,814Cash and due from depository institutions
$1,513Interest-bearing balances
$16Securities
$4,311Federal funds sold & reverse repurchase agreements
$725Net loans & leases
$36,619Loan loss allowance
$464Trading account assets
$0Bank premises and fixed assets
$1,145Other real estate owned
$0Goodwill and other intangibles
$501Life insurance assets
$0All other assets
$0Total liabilities and capital
$44,814Total liabilities
$40,991Total deposits
$39,226Interest-bearing deposits
$33,597Deposits held in domestic offices
39226.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$260Trading liabilities
$0Other borrowed funds
$1,020Subordinated debt
$0All other liabilities
$485Total equity capital
$485Total bank equity capital
$3,823Perpetual preferred stock
$0Common stock
$440Surplus
$2,395Undivided profits
Memoranda
$988Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$145Income earned, not collected on loans
$342Earning assets
$41,671Long-term assets (5+ years)
$3,408Average Assets, year-to-date
$42,280Average Assets, quarterly
$44,276Volatile liabilities
$6,588Insider loans
$173FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,988Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,823Total risk weighted assets
$37,815Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$3,718Total interest expense
$1,546Net interest income
$2,172Provision for loan and lease losses
$66Total noninterest income
$431Fiduciary activities
$0Service charges on deposit accounts
$295Trading account gains & fees
$0Additional noninterest income
$136Total noninterest expense
$1,260Salaries and employee benefits
$695Premises and equipment expense
$204Additional noninterest expense
$361Pre-tax net operating income
$1,277Securities gains (losses)
$1Applicable income taxes
$393Income before extraordinary items
$885Extraordinary gains - net
$0Net income attributable to bank
$885Net charge-offs
-$4Cash dividends
$575Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.51%Cost of funding earning assets
3.96%Net interest margin
5.56%Noninterest income to earning assets
1.10%Noninterest expense to earning assets
3.22%Net operating income to assets
2.09%Return on assets (ROA)
2.09%Pretax return on assets
3.02%Return on equity (ROE)
24.44%Retained earnings to average equity (YTD only)
8.56%Net charge-offs to loans
-0.01%Credit loss provision to net charge-offs
-1650.00%Efficiency ratio
48,406Assets per employee
1.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
64.97%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
320.00%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.39%Net loans and leases to deposits
93.35%Net loans and leases to core deposits
111.31%Equity capital to assets
8.53%Core capital (leverage) ratio
8.65%Tier 1 risk-based capital ratio
10.11%Total risk-based capital ratio
Memoranda
$11Average assets
$42,280Average earning assets
$3,621Average equity
$39,081Average loans

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