FDIC Certificate #: 33556 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Bank of Kentucky, Inc. (#33022) Federal Reserve ID: 1928754 Date Established: Febuary 24, 1992 WWW:http://www.fbnoky.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 47438 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: Febuary 24, 1992 Last Structure Change Effective Date: May 19, 2007 Last Structure Change Process Date: June 18, 2007 Last Data Update: June 18, 2007 Data Source Date: April 05, 2012
Location
Address: 350 Buttermilk Pike, Fort Mitchell, KY 41017 County: Kenton 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): Cincinnati, OH-KY-IN (#1640) Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21) Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178) Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140) CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
Financial Summary
Total assets: $76.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
27Total employees (full-time equivalent)
$78,742Total assets
$2,419Cash and due from depository institutions
$4Interest-bearing balances
$2,168Securities
$7,066Federal funds sold & reverse repurchase agreements
$66,079Net loans & leases
$1,007Loan loss allowance
$0Trading account assets
$261Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$749All other assets
$78,742Total liabilities and capital
$66,235Total liabilities
$65,661Total deposits
$57,716Interest-bearing deposits
$65,661Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$574All other liabilities
$12,507Total equity capital
$12,507Total bank equity capital
$12,507Perpetual preferred stock
$0Common stock
$2,575Surplus
$16,544Undivided profits
Memoranda
$-6,612Noncurrent loans and leases
$11,777Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$47Earning assets
$0Long-term assets (5+ years)
$302Average Assets, year-to-date
$75,317Average Assets, quarterly
$2,566Volatile liabilities
$72,526Insider loans
$78,117FHLB advances
$9,048Loans and leases held for sale
$1,640Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,777Total unused commitments
$0Restructured Loans and leases
$822Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$5,475Total interest income
$1,795Total interest expense
$3,680Net interest income
-$517Provision for loan and lease losses
$303Total noninterest income
$0Fiduciary activities
$241Service charges on deposit accounts
$0Trading account gains & fees
$62Additional noninterest income
$3,221Total noninterest expense
$1,741Salaries and employee benefits
$610Premises and equipment expense
$870Additional noninterest expense
$1,279Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,279Income before extraordinary items
$0Extraordinary gains - net
$1,279Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$124Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.89%Yield on earning assets
2.59%Cost of funding earning assets
5.30%Net interest margin
0.44%Noninterest income to earning assets
4.64%Noninterest expense to earning assets
1.76%Net operating income to assets
1.76%Return on assets (ROA)
1.76%Pretax return on assets
10.69%Return on equity (ROE)
10.69%Retained earnings to average equity (YTD only)
-0.20%Net charge-offs to loans
416.94%Credit loss provision to net charge-offs
0.00%Efficiency ratio
80,869Assets per employee
2.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
2142.55%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.07%Net loans and leases to deposits
100.64%Net loans and leases to core deposits
116.72%Equity capital to assets
15.88%Core capital (leverage) ratio
16.12%Tier 1 risk-based capital ratio
19.10%Total risk-based capital ratio
Memoranda
$20Average assets
$72,526Average earning assets
$11,960Average equity
$69,402Average loans
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