FORCHT BANK, NATIONAL ASSOCIATION in Lexington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • FORCHT BANK, NATIONAL ASSOCIATION in Lexington, Kentucky (KY)
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FORCHT BANK, NATIONAL ASSOCIATION routing number info

FORCHT BANK, NATIONAL ASSOCIATION - Overview

  • General
  • FDIC Certificate #: 57415
    Status: Active
    Federal Reserve ID: 3141726
    Bank Holding Company (Regulatory Top Holder): Forcht Bancorp, Inc. (RSSDID: 3446346, Location: Corbin, KY)
    Date Established: October 01, 2002
    WWW: http://www.forchtbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 34 (Domestic: 34, Interstate: No)
    FDIC's unique #: 363357
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: October 01, 2002
    Last Structure Change Effective Date: December 31, 2007
    Last Structure Change Process Date: January 08, 2008
    Last Data Update: January 08, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2404 Sir Barton Way, Lexington, KY 40509
    County: Fayette
    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
    Metropolitan Statistical Area (MSA): Lexington, KY (#4280)
    Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
    Core Based Statistical Area (CBSA): Lexington-Fayette, KY (#30460)
    CBSA Metro Statistical Area: Lexington-Fayette, KY (#30460)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $992.1 mil
    Equity capital: $123.1 mil
    Deposits held in domestic offices: $796.4 mil
    Return on assets (ROA): 0.82% ($8.1 mil)
    Quarterly return on assets: 0.70% ($6.9 mil)
    Return on Equity (ROE): 7.26% ($8.9 mil)
    Quarterly return on equity: 5.61% ($6.9 mil)
    Net income: $8.2 mil
    Quarterly Net income: $1.7 mil
    Pretax return on assets: 1.13% ($11,210.6 mil)
    Quarterly Pretax return on assets: 0.98% ($9,722.4 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
  • 325Total employees (full-time equivalent)
  • $992,086Total assets
  • $40,315Cash and due from depository institutions
  • $17,863Interest-bearing balances
  • $291,308Securities
  • $956Federal funds sold & reverse repurchase agreements
  • $577,085Net loans & leases
  • $9,185Loan loss allowance
  • $0Trading account assets
  • $41,551Bank premises and fixed assets
  • $3,834Other real estate owned
  • $20,931Goodwill and other intangibles
  • $992,086Life insurance assets
  • $16,106All other assets
  • $868,995Total liabilities and capital
  • $796,374Total liabilities
  • $700,498Total deposits
  • $796,374Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 14015.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $48,000Trading liabilities
  • $0Other borrowed funds
  • $10,606Subordinated debt
  • $123,091All other liabilities
  • $123,091Total equity capital
  • $123,091Total bank equity capital
  • $0Perpetual preferred stock
  • $31,001Common stock
  • $37,163Surplus
  • $54,927Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,238Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $16,975Income earned, not collected on loans
  • $0Earning assets
  • $4,351Long-term assets (5+ years)
  • $887,212Average Assets, year-to-date
  • $369,661Average Assets, quarterly
  • $999,624Volatile liabilities
  • $971,503Insider loans
  • $590,053FHLB advances
  • $932,004Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $95,015Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $75,101Restructured Loans and leases
  • $27,764Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $47,502Total interest income
  • $6,559Total interest expense
  • $40,943Net interest income
  • $3,700Provision for loan and lease losses
  • $7,319Total noninterest income
  • $3Fiduciary activities
  • $6,873Service charges on deposit accounts
  • $0Trading account gains & fees
  • $443Additional noninterest income
  • $37,303Total noninterest expense
  • $16,436Salaries and employee benefits
  • $6,534Premises and equipment expense
  • $14,333Additional noninterest expense
  • $7,259Pre-tax net operating income
  • $4,041Securities gains (losses)
  • $3,124Applicable income taxes
  • $8,176Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,176Net income attributable to bank
  • $0Net charge-offs
  • $8,176Cash dividends
  • $4,644Sale, conversion, retirement of capital stock, net
  • $1,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.30%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 4.57%Net interest margin
  • 0.82%Noninterest income to earning assets
  • 4.16%Noninterest expense to earning assets
  • 0.53%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 7.26%Return on equity (ROE)
  • 6.37%Retained earnings to average equity (YTD only)
  • 0.75%Net charge-offs to loans
  • 79.67%Credit loss provision to net charge-offs
  • 2.36%Efficiency ratio
  • 76,779Assets per employee
  • 3.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.23%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 54.11%Noncurrent assets plus other real estate owned to assets
  • 2.10%Noncurrent loans to loans
  • 2.90%Net loans and leases to deposits
  • 72.46%Net loans and leases to core deposits
  • 74.52%Equity capital to assets
  • 12.41%Core capital (leverage) ratio
  • 10.19%Tier 1 risk-based capital ratio
  • 16.10%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $999,624Average earning assets
  • $112,582Average equity
  • $895,951Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $366Managed Assets
  • 1Number of Accounts
  • $217Personal trust and agency accounts
  • $217Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 19Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $149Other retirement accounts
  • $130Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 34 Kentucky Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    0363357Forcht Bank, National Association2404 Sir Barton Way, Lexington, KY 40509October 01, 2002Full Service Brick and Mortar
    1433516Lexington - North Park506 West New Circle Road, Lexington, KY 40511October 08, 2004Full Service Brick and Mortar
    26191Grant - Main203-205 South Main Street, Williamstown, KY 41097April 29, 1880Full Service Brick and Mortar
    5220812Grant - CrittendenI-75 And Violet Road, Crittenden, KY 41030December 18, 1991Full Service Brick and Mortar
    6220813Grant - Dry Ridge58 Broadway, Dry Ridge, KY 41035August 10, 1994Full Service Brick and Mortar
    76730Greensburg - Main102-108 N Public Square, Greensburg, KY 42743January 01, 1890Full Service Brick and Mortar
    8222463Greensburg - South117 S Main St, Greensburg, KY 42743June 03, 1974Full Service Brick and Mortar
    9222464Greensburg - Summersville5289 Hodgenville Rd, Greensburg, KY 42743June 06, 1984Full Service Brick and Mortar
    10441113Louisville - J-Town10505 Taylorsville Road, Louisville, KY 40209June 20, 2005Full Service Brick and Mortar
    1132974Corbin - Main820 Master Street, Corbin, KY 40701September 12, 1985Full Service Brick and Mortar
    12259253Corbin - South1600 Cumberland Falls Hwy, Corbin, KY 40701May 02, 1988Full Service Brick and Mortar
    13259254Barbourville - Main406 Knox St, Barbourville, KY 40906May 14, 1990Full Service Brick and Mortar
    15452361Corbin - Parkway384 West Cumberland Gap Parkway, Corbin, KY 40701July 15, 2005Full Service Brick and Mortar
    1640327Williamsburg - Main1331 U.S. Highway 25 West, Williamsburg, KY 40769July 14, 1989Full Service Brick and Mortar
    1746670Campbellsville - Main1405 East Broadway, Campbellsville, KY 42718December 14, 1990Full Service Brick and Mortar
    18289400Campbellsville - Bcw391 Campbellsville By-Pass, Campbellsville, KY 42718April 04, 1996Full Service Brick and Mortar
    1956848London - Main100 First Financial Plaza, London, KY 40741June 28, 1996Full Service Brick and Mortar
    20290444London - South792 South Laurel Road, London, KY 40741Febuary 26, 1999Full Service Brick and Mortar
    21454735London - 192 Branch50 Old Whitley Road, London, KY 40741July 01, 2005Full Service Brick and Mortar
    2259035Somerset - Main1846 South Highway 27, Somerset, KY 42501August 01, 1997Full Service Brick and Mortar
    2355335Somerset - Mccreary456 North U.S. Highway 27, Whitley City, KY 42653December 16, 1994Full Service Brick and Mortar
    24290253Somerset - Pine Knot4370 S Highwy 27, Pine Knot, KY 42635June 02, 1997Full Service Brick and Mortar
    25442216Somerset - Waitsboro4710 S. Hwy 27, Somerset, KY 42501July 26, 2004Full Service Brick and Mortar
    26452524Somerset - Science Hill105 W. Hwy 635, Science Hill, KY 42553August 29, 2005Full Service Brick and Mortar
    2761657Louisville - Main8492 Dixie Highway, Louisville, KY 40258September 01, 1998Full Service Brick and Mortar
    28358976Louisville - Fairdale10706 West Manslick Road, Fairdale, KY 40118August 11, 2000Full Service Brick and Mortar
    29431744Louisville - Greenwood6101 Greenwood Rd, Louisville, KY 40258June 23, 2004Full Service Brick and Mortar
    33357220Boone - Main6100 1st Financial Dr, Burlington, KY 41005April 30, 2001Full Service Brick and Mortar
    34438867Boone - Florence Branch7705 Us Highwy 42, Florence, KY 41042December 01, 2004Full Service Brick and Mortar
    36492795Lexington - Beaumont997 Governor's Lane, Lexington, KY 40513October 01, 2008Full Service Brick and Mortar
    37510968Lexington - Southland140 Southland Drive, Lexington, KY 40503January 20, 2010Full Service Brick and Mortar
    39521677Somerset - Clifty Branch585 North Highwy 27, Somerset, KY 42503January 01, 2011Full Service Brick and Mortar
    40521678Barbourville - Highway Branch1881 South Us 25e, Barbourville, KY 40906January 01, 2011Full Service Brick and Mortar
    41521679Richmond - Main Branch2140 Lantern Ridge Dr, Richmond, KY 40475October 01, 2010Full Service Brick and Mortar

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