First American Bank in city_name, state_name - Detailed Financial Reports, Location

First American Bank in Ashland, Kentucky (KY)
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First American Bank - Overview

General
FDIC Certificate #: 2679
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community Trust Bank, Inc. (#2720)
Federal Reserve ID: 188412
Date Established: May 24, 1888
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
OTS Docket #: 9666
FDIC's unique #: 1727
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: 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: 1544 Winchester Avenue, Ashland, KY 41101
County: Boyd
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): Huntington-Ashland, WV-KY-OH (#3400)
Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580)
CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580)
Financial Summary
Total assets: $211.4 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)
$80Total assets
$211,415Cash and due from depository institutions
$11,351Interest-bearing balances
$12Securities
$38,170Federal funds sold & reverse repurchase agreements
$400Net loans & leases
$147,781Loan loss allowance
$2,408Trading account assets
$0Bank premises and fixed assets
$8,059Other real estate owned
$45Goodwill and other intangibles
$2,556Life insurance assets
$3,053All other assets
$0Total liabilities and capital
$211,415Total liabilities
$189,863Total deposits
$175,111Interest-bearing deposits
$147,815Deposits held in domestic offices
175111.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$3,875Trading liabilities
$0Other borrowed funds
$9,004Subordinated debt
$0All other liabilities
$1,873Total equity capital
$1,873Total bank equity capital
$21,552Perpetual preferred stock
$0Common stock
$1,400Surplus
$18,292Undivided profits
Memoranda
$1,860Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,546Income earned, not collected on loans
$856Earning assets
$186,363Long-term assets (5+ years)
$41,872Average Assets, year-to-date
$216,241Average Assets, quarterly
$216,912Volatile liabilities
$18,996Insider loans
$6,213FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$13,473Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$18,438Total risk weighted assets
$152,960Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$16,564Total interest expense
$6,898Net interest income
$9,666Provision for loan and lease losses
$705Total noninterest income
$1,822Fiduciary activities
$0Service charges on deposit accounts
$1,372Trading account gains & fees
$0Additional noninterest income
$450Total noninterest expense
$6,868Salaries and employee benefits
$2,930Premises and equipment expense
$990Additional noninterest expense
$2,948Pre-tax net operating income
$3,915Securities gains (losses)
$0Applicable income taxes
$1,379Income before extraordinary items
$2,536Extraordinary gains - net
$0Net income attributable to bank
$2,536Net charge-offs
$405Cash dividends
$2,526Sale, 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
8.76%Cost of funding earning assets
3.65%Net interest margin
5.11%Noninterest income to earning assets
0.96%Noninterest expense to earning assets
3.63%Net operating income to assets
1.17%Return on assets (ROA)
1.17%Pretax return on assets
1.81%Return on equity (ROE)
11.70%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.27%Credit loss provision to net charge-offs
174.07%Efficiency ratio
56,685Assets per employee
2.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.61%Loss allowance to loans
1.60%Loss allowance to noncurrent loans
155.76%Noncurrent assets plus other real estate owned to assets
0.75%Noncurrent loans to loans
1.03%Net loans and leases to deposits
84.39%Net loans and leases to core deposits
92.37%Equity capital to assets
10.19%Core capital (leverage) ratio
8.73%Tier 1 risk-based capital ratio
12.05%Total risk-based capital ratio
Memoranda
$13Average assets
$216,241Average earning assets
$21,676Average equity
$189,179Average loans

First American Bank in Ashland, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First American Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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First American Bank in Ashland, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

First American Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First American Bank in Ashland, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches