FDIC Certificate #: 10522 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community First Bank, National Association (#6682) Federal Reserve ID: 707448 Date Established: January 01, 1922 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 11811 FDIC's unique #: 6737 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: June 25, 1999 Last Structure Change Process Date: July 08, 1999 Last Data Update: July 08, 1999 Data Source Date: April 05, 2012
Location
Address: 301 East Main Street, Warsaw, KY 41095 County: Gallatin Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Elizabethtown Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Cincinnati, OH-KY-IN (#1640) Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21) Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178) Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140) CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
Financial Summary
Total assets: $81.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
26Total employees (full-time equivalent)
$85,657Total assets
$3,501Cash and due from depository institutions
$127Interest-bearing balances
$9,673Securities
$1,159Federal funds sold & reverse repurchase agreements
$68,946Net loans & leases
$860Loan loss allowance
$0Trading account assets
$1,032Bank premises and fixed assets
$0Other real estate owned
$471Goodwill and other intangibles
$0Life insurance assets
$875All other assets
$85,657Total liabilities and capital
$77,497Total liabilities
$72,976Total deposits
$58,763Interest-bearing deposits
$72,976Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,006Other borrowed funds
$0Subordinated debt
$515All other liabilities
$8,160Total equity capital
$8,160Total bank equity capital
$8,160Perpetual preferred stock
$0Common stock
$192Surplus
$5,074Undivided profits
Memoranda
$2,894Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$533Earning assets
$0Long-term assets (5+ years)
$735Average Assets, year-to-date
$79,905Average Assets, quarterly
$9,911Volatile liabilities
$83,914Insider loans
$85,131FHLB advances
$8,711Loans and leases held for sale
$1,935Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,825Total unused commitments
$0Restructured Loans and leases
$68,162Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$7,226Total interest income
$2,819Total interest expense
$4,407Net interest income
$94Provision for loan and lease losses
$645Total noninterest income
$0Fiduciary activities
$470Service charges on deposit accounts
$0Trading account gains & fees
$175Additional noninterest income
$2,507Total noninterest expense
$1,263Salaries and employee benefits
$272Premises and equipment expense
$972Additional noninterest expense
$2,451Pre-tax net operating income
-$1Securities gains (losses)
$841Applicable income taxes
$1,609Income before extraordinary items
$0Extraordinary gains - net
$1,609Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$11Sale, conversion, retirement of capital stock, net
$1,525Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.17%Yield on earning assets
3.58%Cost of funding earning assets
5.59%Net interest margin
0.82%Noninterest income to earning assets
3.18%Noninterest expense to earning assets
1.92%Net operating income to assets
1.92%Return on assets (ROA)
2.92%Pretax return on assets
19.72%Return on equity (ROE)
1.03%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
854.55%Credit loss provision to net charge-offs
231.36%Efficiency ratio
48,773Assets per employee
3.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
94.78%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
161.35%Noncurrent assets plus other real estate owned to assets
0.62%Noncurrent loans to loans
0.76%Net loans and leases to deposits
94.48%Net loans and leases to core deposits
107.01%Equity capital to assets
9.53%Core capital (leverage) ratio
9.39%Tier 1 risk-based capital ratio
11.14%Total risk-based capital ratio
Memoranda
$12Average assets
$83,914Average earning assets
$8,161Average equity
$78,778Average loans
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