Farmers National Bank of London in city_name, state_name - Detailed Financial Reports, Location

Farmers National Bank of London in London, Kentucky (KY)
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Farmers National Bank of London - Overview

General
FDIC Certificate #: 293
Status: Inactive
Closing history: Name Change
Acquiring institution: Farmers National Bank (#2728)
Federal Reserve ID: 488514
Date Established: May 11, 1884
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 237
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 03, 1995
Last Structure Change Process Date: December 07, 1995
Last Data Update: December 07, 1995
Data Source Date: April 05, 2012
Location
Address: Carnaby Shopping Center, Highway 25 East, London, KY 40741
County: Laurel
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Chicago
FDIC Field Office: Knoxville
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Combined Statistical Area (CSA): Corbin-London, KY (#202)
Core Based Statistical Area (CBSA): London, KY (#30940)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Change in Location
Name Change
Financial Summary
Total assets: $41.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$29Total assets
$43,832Cash and due from depository institutions
$1,670Interest-bearing balances
$0Securities
$13,258Federal funds sold & reverse repurchase agreements
$2,400Net loans & leases
$23,859Loan loss allowance
$415Trading account assets
$0Bank premises and fixed assets
$2,169Other real estate owned
$0Goodwill and other intangibles
$476Life insurance assets
$0All other assets
$0Total liabilities and capital
$43,832Total liabilities
$40,618Total deposits
$40,365Interest-bearing deposits
$34,766Deposits held in domestic offices
40365.00%% insured (estimated)
$73Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$253Total equity capital
$253Total bank equity capital
$3,214Perpetual preferred stock
$0Common stock
$565Surplus
$2,436Undivided profits
Memoranda
$213Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$142Income earned, not collected on loans
$175Earning assets
$39,517Long-term assets (5+ years)
$1,643Average Assets, year-to-date
$41,724Average Assets, quarterly
$43,476Volatile liabilities
$5,219Insider loans
$968FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,104Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,290Total risk weighted assets
$25,548Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,772Total interest expense
$1,116Net interest income
$1,656Provision for loan and lease losses
$71Total noninterest income
$200Fiduciary activities
$0Service charges on deposit accounts
$116Trading account gains & fees
$0Additional noninterest income
$84Total noninterest expense
$1,386Salaries and employee benefits
$700Premises and equipment expense
$239Additional noninterest expense
$447Pre-tax net operating income
$399Securities gains (losses)
$0Applicable income taxes
$109Income before extraordinary items
$290Extraordinary gains - net
$0Net income attributable to bank
$290Net charge-offs
$66Cash dividends
$121Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.46%Cost of funding earning assets
3.00%Net interest margin
4.46%Noninterest income to earning assets
0.54%Noninterest expense to earning assets
3.73%Net operating income to assets
0.70%Return on assets (ROA)
0.70%Pretax return on assets
0.96%Return on equity (ROE)
9.17%Retained earnings to average equity (YTD only)
5.34%Net charge-offs to loans
0.29%Credit loss provision to net charge-offs
105.97%Efficiency ratio
74,677Assets per employee
1.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.72%Loss allowance to loans
1.71%Loss allowance to noncurrent loans
292.25%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.58%Net loans and leases to deposits
59.11%Net loans and leases to core deposits
67.89%Equity capital to assets
7.33%Core capital (leverage) ratio
7.63%Tier 1 risk-based capital ratio
12.88%Total risk-based capital ratio
Memoranda
$14Average assets
$41,724Average earning assets
$3,164Average equity
$37,144Average loans

Farmers National Bank of London in London, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers National Bank of London - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

Comment about this bank, ask questions, or add new information about it:

Farmers National Bank of London in London, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers National Bank of London - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

Comment about this bank, ask questions, or add new information about it:

Farmers National Bank of London in London, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches