Farmers-Deposit Bank in Flemingsburg, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1997

Farmers-Deposit Bank in Flemingsburg, Kentucky (KY)
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Farmers-Deposit Bank - Overview

General
FDIC Certificate #: 15654
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community Trust Bank, Inc. (#2720)
Federal Reserve ID: 602815
Date Established: January 01, 1939
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 10550
FDIC's unique #: 9931
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: March 03, 1939
Last Structure Change Effective Date: January 01, 1997
Last Structure Change Process Date: January 13, 1997
Last Data Update: January 13, 1997
Data Source Date: April 05, 2012
Location
Address: Main Street, Flemingsburg, KY 41041
County: Fleming
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
Financial Summary
Total assets: $91.3 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)
$35Total assets
$91,274Cash and due from depository institutions
$2,112Interest-bearing balances
$11Securities
$17,480Federal funds sold & reverse repurchase agreements
$945Net loans & leases
$66,582Loan loss allowance
$1,040Trading account assets
$0Bank premises and fixed assets
$2,002Other real estate owned
$0Goodwill and other intangibles
$2,153Life insurance assets
$0All other assets
$0Total liabilities and capital
$91,274Total liabilities
$84,825Total deposits
$78,574Interest-bearing deposits
$66,746Deposits held in domestic offices
78574.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$1,249Trading liabilities
$0Other borrowed funds
$4,020Subordinated debt
$0All other liabilities
$982Total equity capital
$982Total bank equity capital
$6,449Perpetual preferred stock
$0Common stock
$450Surplus
$3,550Undivided profits
Memoranda
$2,449Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$31Income earned, not collected on loans
$1,254Earning assets
$85,018Long-term assets (5+ years)
$19,482Average Assets, year-to-date
$88,984Average Assets, quarterly
$90,760Volatile liabilities
$12,810Insider loans
$1,051FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$15,285Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,466Total risk weighted assets
$68,917Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$7,815Total interest expense
$3,534Net interest income
$4,281Provision for loan and lease losses
$240Total noninterest income
$548Fiduciary activities
$0Service charges on deposit accounts
$377Trading account gains & fees
$0Additional noninterest income
$171Total noninterest expense
$2,498Salaries and employee benefits
$1,149Premises and equipment expense
$296Additional noninterest expense
$1,053Pre-tax net operating income
$2,091Securities gains (losses)
$0Applicable income taxes
$676Income before extraordinary items
$1,415Extraordinary gains - net
$0Net income attributable to bank
$1,415Net charge-offs
$66Cash dividends
$1,612Sale, 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
9.39%Cost of funding earning assets
4.25%Net interest margin
5.15%Noninterest income to earning assets
0.66%Noninterest expense to earning assets
3.00%Net operating income to assets
1.59%Return on assets (ROA)
1.59%Pretax return on assets
2.35%Return on equity (ROE)
21.32%Retained earnings to average equity (YTD only)
-2.97%Net charge-offs to loans
0.10%Credit loss provision to net charge-offs
363.64%Efficiency ratio
51,729Assets per employee
2.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
113.92%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
3354.84%Noncurrent assets plus other real estate owned to assets
0.03%Noncurrent loans to loans
0.05%Net loans and leases to deposits
84.74%Net loans and leases to core deposits
99.36%Equity capital to assets
7.07%Core capital (leverage) ratio
7.10%Tier 1 risk-based capital ratio
9.38%Total risk-based capital ratio
Memoranda
$11Average assets
$88,984Average earning assets
$6,637Average equity
$83,199Average loans

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