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

First Guaranty Bank in Martin, Kentucky (KY)
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First Guaranty Bank routing number info

First Guaranty Bank - Overview

General
FDIC Certificate #: 35058
Status: Active
Federal Reserve ID: 2769972
Date Established: Febuary 10, 1999
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 74362
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: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: Febuary 10, 1999
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 36 Main Street, Martin, KY 41649
County: Floyd
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $59.9 mil
Equity capital: $10.1 mil
Deposits held in domestic offices: $47.4 mil
Return on assets (ROA): 0.84% ($0.5 mil)
Quarterly return on assets: 1.10% ($0.7 mil)
Return on Equity (ROE): 4.97% ($0.5 mil)
Quarterly return on equity: 6.48% ($0.6 mil)
Net income: $0.5 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.84% ($503.1 mil)
Quarterly Pretax return on assets: 1.10% ($658.9 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
19Total employees (full-time equivalent)
$59,896Total assets
$2,145Cash and due from depository institutions
$0Interest-bearing balances
$28,250Securities
$1,623Federal funds sold & reverse repurchase agreements
$26,685Net loans & leases
$300Loan loss allowance
$0Trading account assets
$591Bank premises and fixed assets
$173Other real estate owned
$0Goodwill and other intangibles
$59,896Life insurance assets
$429All other assets
$49,785Total liabilities and capital
$47,379Total liabilities
$38,342Total deposits
$47,379Interest-bearing deposits
$80Deposits held in domestic offices
246.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,078Trading liabilities
$0Other borrowed funds
$82Subordinated debt
$10,111All other liabilities
$10,111Total equity capital
$10,111Total bank equity capital
$0Perpetual preferred stock
$1,500Common stock
$3,500Surplus
$5,111Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$420Income earned, not collected on loans
$0Earning assets
$135Long-term assets (5+ years)
$56,558Average Assets, year-to-date
$10,017Average Assets, quarterly
$59,729Volatile liabilities
$59,852Insider loans
$24,097FHLB advances
$62,266Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,111Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,487Restructured Loans and leases
$569Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,981Total interest income
$509Total interest expense
$1,472Net interest income
$18Provision for loan and lease losses
$198Total noninterest income
$0Fiduciary activities
$124Service charges on deposit accounts
$0Trading account gains & fees
$74Additional noninterest income
$1,172Total noninterest expense
$487Salaries and employee benefits
$182Premises and equipment expense
$503Additional noninterest expense
$480Pre-tax net operating income
$24Securities gains (losses)
$0Applicable income taxes
$504Income before extraordinary items
$0Extraordinary gains - net
$504Net income attributable to bank
$0Net charge-offs
$504Cash dividends
$18Sale, conversion, retirement of capital stock, net
$500Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.55%Yield on earning assets
0.91%Cost of funding earning assets
2.64%Net interest margin
0.35%Noninterest income to earning assets
2.10%Noninterest expense to earning assets
0.80%Net operating income to assets
0.84%Return on assets (ROA)
0.84%Pretax return on assets
4.97%Return on equity (ROE)
0.04%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
27.67%Efficiency ratio
70,180Assets per employee
3.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.21%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
71.43%Noncurrent assets plus other real estate owned to assets
0.99%Noncurrent loans to loans
1.56%Net loans and leases to deposits
56.32%Net loans and leases to core deposits
56.32%Equity capital to assets
16.88%Core capital (leverage) ratio
16.24%Tier 1 risk-based capital ratio
41.96%Total risk-based capital ratio
Memoranda
$43Average assets
$59,729Average earning assets
$10,135Average equity
$55,815Average loans

List of branches

2 Kentucky Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	74362	First Guaranty Bank	36 Main Street, Martin, KY 41649	Febuary 10, 1999	Full Service Brick and Mortar
1	363696	Prestonburg Branch	420 North Lake Drive, Prestonsburg, KY 41653	April 15, 2002	Full Service Brick and Mortar

First Guaranty Bank in Martin, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Guaranty Bank - 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 Guaranty Bank in Martin, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

First Guaranty Bank - 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 Guaranty Bank in Martin, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches