First Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 31278 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Kentucky Bank (#8795) Federal Reserve ID: 304874 Date Established: September 15, 1961 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 6656 FDIC's unique #: 44112 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: September 15, 1961 Last Structure Change Effective Date: March 26, 1999 Last Structure Change Process Date: March 31, 1999 Last Data Update: March 31, 1999 Data Source Date: April 05, 2012
Location
Address: 211 North Main Street, Leitchfield, KY 42754 County: Grayson 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
Financial Summary
Total assets: $48.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
9Total employees (full-time equivalent)
$48,070Total assets
$841Cash and due from depository institutions
$358Interest-bearing balances
$2,107Securities
$0Federal funds sold & reverse repurchase agreements
$41,039Net loans & leases
$156Loan loss allowance
$0Trading account assets
$678Bank premises and fixed assets
$0Other real estate owned
$2,606Goodwill and other intangibles
$0Life insurance assets
$799All other assets
$48,070Total liabilities and capital
$41,311Total liabilities
$33,582Total deposits
$33,582Interest-bearing deposits
$33,582Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,249Other borrowed funds
$0Subordinated debt
$480All other liabilities
$6,759Total equity capital
$6,759Total bank equity capital
$6,759Perpetual preferred stock
$0Common stock
$113Surplus
$6,024Undivided profits
Memoranda
$622Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$667Earning assets
$0Long-term assets (5+ years)
$248Average Assets, year-to-date
$43,504Average Assets, quarterly
$0Volatile liabilities
$48,731Insider loans
$48,674FHLB advances
$8,958Loans and leases held for sale
$95Unused loan commitments
$3,599Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,555Total unused commitments
$0Restructured Loans and leases
$30,176Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$3,784Total interest income
$2,035Total interest expense
$1,749Net interest income
$57Provision for loan and lease losses
$274Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$274Additional noninterest income
$1,010Total noninterest expense
$397Salaries and employee benefits
$149Premises and equipment expense
$464Additional noninterest expense
$956Pre-tax net operating income
$0Securities gains (losses)
$372Applicable income taxes
$584Income before extraordinary items
$0Extraordinary gains - net
$584Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$60Sale, conversion, retirement of capital stock, net
$350Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.55%Yield on earning assets
4.60%Cost of funding earning assets
3.95%Net interest margin
0.62%Noninterest income to earning assets
2.28%Noninterest expense to earning assets
1.20%Net operating income to assets
1.20%Return on assets (ROA)
1.96%Pretax return on assets
8.76%Return on equity (ROE)
3.51%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
95.00%Credit loss provision to net charge-offs
16.88%Efficiency ratio
44,291Assets per employee
5.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
59.93%Loss allowance to loans
0.38%Loss allowance to noncurrent loans
23.39%Noncurrent assets plus other real estate owned to assets
1.39%Noncurrent loans to loans
1.62%Net loans and leases to deposits
122.21%Net loans and leases to core deposits
128.76%Equity capital to assets
14.06%Core capital (leverage) ratio
9.00%Tier 1 risk-based capital ratio
13.54%Total risk-based capital ratio
Memoranda
$14Average assets
$48,731Average earning assets
$6,667Average equity
$44,245Average loans
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