Farmers Bank and Trust Company of Madisonville in Madisonville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 07, 1999

Farmers Bank and Trust Company of Madisonville in Madisonville, Kentucky (KY)
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Farmers Bank and Trust Company of Madisonville - Overview

General
FDIC Certificate #: 2758
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Old National Bank (#4393)
Federal Reserve ID: 257242
Date Established: September 08, 1906
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 11197
FDIC's unique #: 1795
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: October 07, 1999
Last Structure Change Process Date: November 03, 1999
Last Data Update: November 03, 1999
Data Source Date: April 05, 2012
Location
Address: 77 North Main Street, Madisonville, KY 42431
County: Hopkins
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): Madisonville, KY (#31580)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $194.8 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
70Total employees (full-time equivalent)
$200,017Total assets
$1,949Cash and due from depository institutions
$6Interest-bearing balances
$61,197Securities
$0Federal funds sold & reverse repurchase agreements
$132,844Net loans & leases
$1,621Loan loss allowance
$0Trading account assets
$2,504Bank premises and fixed assets
$253Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,270All other assets
$200,017Total liabilities and capital
$182,129Total liabilities
$133,597Total deposits
$116,261Interest-bearing deposits
$133,597Deposits held in domestic offices
0.00%% insured (estimated)
$21,247Federal funds purchased & repurchase agreements
$0Trading liabilities
$24,084Other borrowed funds
$0Subordinated debt
$3,201All other liabilities
$17,888Total equity capital
$17,888Total bank equity capital
$17,888Perpetual preferred stock
$0Common stock
$1,000Surplus
$10,000Undivided profits
Memoranda
$6,888Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,107Earning assets
$0Long-term assets (5+ years)
$531Average Assets, year-to-date
$194,047Average Assets, quarterly
$69,607Volatile liabilities
$199,226Insider loans
$201,507FHLB advances
$49,085Loans and leases held for sale
$3,457Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,188Total unused commitments
$0Restructured Loans and leases
$125,248Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$15,330Total interest income
$7,491Total interest expense
$7,839Net interest income
$480Provision for loan and lease losses
$1,542Total noninterest income
$139Fiduciary activities
$593Service charges on deposit accounts
$0Trading account gains & fees
$810Additional noninterest income
$5,278Total noninterest expense
$2,617Salaries and employee benefits
$760Premises and equipment expense
$1,901Additional noninterest expense
$3,623Pre-tax net operating income
$1Securities gains (losses)
$1,038Applicable income taxes
$2,586Income before extraordinary items
$0Extraordinary gains - net
$2,586Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$364Sale, conversion, retirement of capital stock, net
$3,081Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.97%Yield on earning assets
3.89%Cost of funding earning assets
4.08%Net interest margin
0.80%Noninterest income to earning assets
2.74%Noninterest expense to earning assets
1.30%Net operating income to assets
1.30%Return on assets (ROA)
1.82%Pretax return on assets
14.50%Return on equity (ROE)
-2.78%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
131.87%Credit loss provision to net charge-offs
11.27%Efficiency ratio
56,263Assets per employee
2.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
119.14%Loss allowance to loans
1.21%Loss allowance to noncurrent loans
146.43%Noncurrent assets plus other real estate owned to assets
0.68%Noncurrent loans to loans
0.82%Net loans and leases to deposits
99.44%Net loans and leases to core deposits
118.87%Equity capital to assets
8.94%Core capital (leverage) ratio
8.38%Tier 1 risk-based capital ratio
13.67%Total risk-based capital ratio
Memoranda
$15Average assets
$199,226Average earning assets
$17,837Average equity
$192,336Average loans

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