First-Knox National Bank in city_name, state_name - Detailed Financial Reports, Location

First-Knox National Bank in Mount Vernon, Ohio (OH)
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First-Knox National Bank - Overview

General
FDIC Certificate #: 6651
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Park National Bank (#6653)
Federal Reserve ID: 273523
Date Established: August 23, 1847
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 16 (Interstate: No)
OTS Docket #: 10828
FDIC's unique #: 4457
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 06, 2008
Last Structure Change Process Date: September 29, 2008
Last Data Update: September 29, 2008
Data Source Date: April 05, 2012
Location
Address: One South Main Street, Mount Vernon, OH 43050
County: Knox
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Columbus
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
Core Based Statistical Area (CBSA): Mount Vernon, OH (#34540)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $818.8 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, 2007)

Dollar figures in thousands
245Total employees (full-time equivalent)
$816,637Total assets
$30,503Cash and due from depository institutions
$0Interest-bearing balances
$202,665Securities
$913Federal funds sold & reverse repurchase agreements
$539,927Net loans & leases
$10,082Loan loss allowance
$0Trading account assets
$7,941Bank premises and fixed assets
$1,614Other real estate owned
$4,099Goodwill and other intangibles
$8,628Life insurance assets
$28,975All other assets
$816,637Total liabilities and capital
$774,754Total liabilities
$489,302Total deposits
$409,302Interest-bearing deposits
$489,302Deposits held in domestic offices
0.00%% insured (estimated)
$140,350Federal funds purchased & repurchase agreements
$0Trading liabilities
$127,876Other borrowed funds
$5,000Subordinated debt
$12,226All other liabilities
$41,883Total equity capital
$41,883Total bank equity capital
$41,883Perpetual preferred stock
$0Common stock
$1,958Surplus
$8,528Undivided profits
Memoranda
$31,397Noncurrent loans and leases
$89,796Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$9,772Earning assets
$472Long-term assets (5+ years)
$3,982Average Assets, year-to-date
$743,505Average Assets, quarterly
$266,338Volatile liabilities
$788,177Insider loans
$819,385FHLB advances
$270,385Loans and leases held for sale
$15,531Unused loan commitments
$127,548Tier 1 (core) risk-based capital
$3,528Tier 2 risk-based capital
$396Total risk weighted assets
$89,796Total unused commitments
$1,569Restructured Loans and leases
$12,223Derivatives

Income and Expense (December 31, 2007)

Dollar figures in thousands
$53,847Total interest income
$22,947Total interest expense
$30,900Net interest income
$880Provision for loan and lease losses
$8,267Total noninterest income
$1,058Fiduciary activities
$2,893Service charges on deposit accounts
$0Trading account gains & fees
$4,316Additional noninterest income
$18,381Total noninterest expense
$10,492Salaries and employee benefits
$1,861Premises and equipment expense
$6,028Additional noninterest expense
$19,906Pre-tax net operating income
$0Securities gains (losses)
$6,723Applicable income taxes
$13,183Income before extraordinary items
$0Extraordinary gains - net
$13,183Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,693Sale, conversion, retirement of capital stock, net
$5,600Net operating income

Performance and Condition Ratios (December 31, 2007)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.41%Yield on earning assets
3.16%Cost of funding earning assets
4.25%Net interest margin
1.14%Noninterest income to earning assets
2.53%Noninterest expense to earning assets
1.67%Net operating income to assets
1.67%Return on assets (ROA)
2.53%Pretax return on assets
37.50%Return on equity (ROE)
21.57%Retained earnings to average equity (YTD only)
0.32%Net charge-offs to loans
51.98%Credit loss provision to net charge-offs
12.28%Efficiency ratio
46,644Assets per employee
3.33%Cash dividends to net income (YTD only)
Condition Ratios (%)
42.48%Loss allowance to loans
1.83%Loss allowance to noncurrent loans
103.17%Noncurrent assets plus other real estate owned to assets
1.39%Noncurrent loans to loans
1.78%Net loans and leases to deposits
110.35%Net loans and leases to core deposits
123.53%Equity capital to assets
5.13%Core capital (leverage) ratio
5.84%Tier 1 risk-based capital ratio
8.81%Total risk-based capital ratio
Memoranda
$11Average assets
$788,177Average earning assets
$35,153Average equity
$726,309Average loans

Total Fiduciary and Related Assets (December 31, 2007)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$192,138Managed Assets
1Number of Accounts
$126,045Personal trust and agency accounts
$33,671Employee benefit-defined contribution accounts
$1,239Employee benefit-defined benefit accounts
$1,663Other retirement accounts
$9,339Corporate trust and agency accounts
$0Investment management agency accounts
$80,133Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
304Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$66,093Other retirement accounts
$5,526Corporate trust and agency accounts
$59,608Other fiduciary accounts
$958Fiduciary accounts held in foreign offices

First-Knox National Bank in Mount Vernon, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

First-Knox National Bank - Overview

Assets and Liabilities (December 31, 2007)

Income and Expense (December 31, 2007)

Performance and Condition Ratios (December 31, 2007)

Total Fiduciary and Related Assets (December 31, 2007)

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

First-Knox National Bank in Mount Vernon, Ohio (OH)Overview, Financial Summary, Detailed Financial Reports, Branches

First-Knox National Bank - Overview

Assets and Liabilities (December 31, 2007)

Income and Expense (December 31, 2007)

Performance and Condition Ratios (December 31, 2007)

Total Fiduciary and Related Assets (December 31, 2007)

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

First-Knox National Bank in Mount Vernon, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches