First Farmers Bank and Trust Company in city_name, state_name

First Farmers Bank and Trust Company in Owenton, Kentucky (KY)
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First Farmers Bank and Trust Company routing number info

First Farmers Bank and Trust Company - Overview

General
FDIC Certificate #: 2762
Status: Active
Federal Reserve ID: 466549
Bank Holding Company (Regulatory Top Holder): Lea M. Mcmullan Trust (RSSDID: 2847236, Location: Shelbyville, KY)
Date Established: January 01, 1934
WWW: http://www.firstfarmersonline.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 11484
FDIC's unique #: 1798
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: August 09, 2008
Last Structure Change Process Date: August 11, 2008
Last Data Update: August 11, 2008
Data Source Date: April 05, 2012
Location
Address: 127 North Thomas Street, Owenton, KY 40359
County: Owen
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Elizabethtown
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $116.3 mil
Equity capital: $15.6 mil
Deposits held in domestic offices: $91.4 mil
Return on assets (ROA): 1.11% ($1.3 mil)
Quarterly return on assets: 1.19% ($1.4 mil)
Return on Equity (ROE): 8.50% ($1.4 mil)
Quarterly return on equity: 8.87% ($1.4 mil)
Net income: $1.3 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.67% ($1,942.0 mil)
Quarterly Pretax return on assets: 1.80% ($2,093.1 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, 2011)

Dollar figures in thousands
35Total employees (full-time equivalent)
$116,285Total assets
$2,070Cash and due from depository institutions
$242Interest-bearing balances
$8,001Securities
$6,517Federal funds sold & reverse repurchase agreements
$89,814Net loans & leases
$840Loan loss allowance
$0Trading account assets
$2,341Bank premises and fixed assets
$926Other real estate owned
$3,468Goodwill and other intangibles
$116,285Life insurance assets
$3,148All other assets
$100,723Total liabilities and capital
$91,419Total liabilities
$75,182Total deposits
$91,419Interest-bearing deposits
$85Deposits held in domestic offices
1000.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,311Trading liabilities
$0Other borrowed funds
$993Subordinated debt
$15,562All other liabilities
$15,562Total equity capital
$15,562Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$9,853Surplus
$5,509Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,739Income earned, not collected on loans
$0Earning assets
$771Long-term assets (5+ years)
$104,574Average Assets, year-to-date
$56,188Average Assets, quarterly
$118,155Volatile liabilities
$116,360Insider loans
$84,572FHLB advances
$115,188Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$12,009Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,389Restructured Loans and leases
$901Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,123Total interest income
$1,404Total interest expense
$4,719Net interest income
$420Provision for loan and lease losses
$726Total noninterest income
$0Fiduciary activities
$499Service charges on deposit accounts
$0Trading account gains & fees
$227Additional noninterest income
$3,057Total noninterest expense
$1,427Salaries and employee benefits
$312Premises and equipment expense
$1,318Additional noninterest expense
$1,968Pre-tax net operating income
$0Securities gains (losses)
$662Applicable income taxes
$1,306Income before extraordinary items
$0Extraordinary gains - net
$1,306Net income attributable to bank
$0Net charge-offs
$1,306Cash dividends
$779Sale, conversion, retirement of capital stock, net
$1,000Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.74%Yield on earning assets
1.32%Cost of funding earning assets
4.42%Net interest margin
0.68%Noninterest income to earning assets
2.87%Noninterest expense to earning assets
1.11%Net operating income to assets
1.11%Return on assets (ROA)
1.67%Pretax return on assets
8.50%Return on equity (ROE)
1.99%Retained earnings to average equity (YTD only)
0.85%Net charge-offs to loans
53.92%Credit loss provision to net charge-offs
3.07%Efficiency ratio
55,445Assets per employee
3.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.57%Loss allowance to loans
0.93%Loss allowance to noncurrent loans
48.30%Noncurrent assets plus other real estate owned to assets
2.29%Noncurrent loans to loans
1.92%Net loans and leases to deposits
98.24%Net loans and leases to core deposits
113.34%Equity capital to assets
13.38%Core capital (leverage) ratio
10.43%Tier 1 risk-based capital ratio
14.20%Total risk-based capital ratio
Memoranda
$15Average assets
$118,155Average earning assets
$15,363Average equity
$106,656Average loans

List of branches

4 Kentucky Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1798	First Farmers Bank And Trust Company	127 North Thomas Street, Owenton, KY 40359	January 01, 1934	Full Service Brick and Mortar
1	194173	Gratz Branch	95 Main Street, Gratz, KY 40359	July 01, 1965	Full Service Brick and Mortar
2	194174	Warsaw Branch	506 East Main Street, Warsaw, KY 41095	January 01, 1999	Full Service Brick and Mortar
3	5583	New Liberty Branch	460 Kentucky Highway 227 North, New Liberty, KY 40355	January 01, 1884	Full Service Brick and Mortar

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

First Farmers Bank and Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

First Farmers Bank and Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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