FDIC Certificate #: 31486 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Central Kentucky Federal Savings Bank (#31156) Federal Reserve ID: 483573 Date Established: January 01, 1873 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 7058 FDIC's unique #: 44320 Numeric code: 33 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: Febuary 02, 1966 Last Structure Change Effective Date: June 01, 2001 Last Structure Change Process Date: June 12, 2001 Last Data Update: June 12, 2001 Data Source Date: April 05, 2012
Location
Address: 208 Lexington Street, Lancaster, KY 40444 County: Garrard Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Dallas FDIC Field Office: Lexington Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $56.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
13Total employees (full-time equivalent)
$57,796Total assets
$2,841Cash and due from depository institutions
$2,096Interest-bearing balances
$1,926Securities
$0Federal funds sold & reverse repurchase agreements
$49,916Net loans & leases
$319Loan loss allowance
$0Trading account assets
$376Bank premises and fixed assets
$1,139Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,598All other assets
$57,796Total liabilities and capital
$45,197Total liabilities
$28,385Total deposits
$27,935Interest-bearing deposits
$28,385Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$15,664Other borrowed funds
$0Subordinated debt
$1,148All other liabilities
$12,599Total equity capital
$12,599Total bank equity capital
$12,599Perpetual preferred stock
$0Common stock
$30Surplus
$8,182Undivided profits
Memoranda
$4,387Noncurrent loans and leases
$2,005Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$277Earning assets
$0Long-term assets (5+ years)
$363Average Assets, year-to-date
$53,938Average Assets, quarterly
$0Volatile liabilities
$56,420Insider loans
$57,591FHLB advances
$18,846Loans and leases held for sale
$0Unused loan commitments
$15,267Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,005Total unused commitments
$0Restructured Loans and leases
$319Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$4,491Total interest income
$2,531Total interest expense
$1,960Net interest income
$44Provision for loan and lease losses
$116Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$116Additional noninterest income
$1,298Total noninterest expense
$838Salaries and employee benefits
$167Premises and equipment expense
$293Additional noninterest expense
$734Pre-tax net operating income
$0Securities gains (losses)
$252Applicable income taxes
$482Income before extraordinary items
$0Extraordinary gains - net
$482Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$28Sale, conversion, retirement of capital stock, net
$1,087Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.50%Yield on earning assets
4.79%Cost of funding earning assets
3.71%Net interest margin
0.22%Noninterest income to earning assets
2.46%Noninterest expense to earning assets
0.85%Net operating income to assets
0.85%Return on assets (ROA)
1.30%Pretax return on assets
3.88%Return on equity (ROE)
-4.87%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
157.14%Credit loss provision to net charge-offs
27.79%Efficiency ratio
62,524Assets per employee
4.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
225.52%Loss allowance to loans
0.64%Loss allowance to noncurrent loans
115.16%Noncurrent assets plus other real estate owned to assets
2.45%Noncurrent loans to loans
0.55%Net loans and leases to deposits
175.85%Net loans and leases to core deposits
198.06%Equity capital to assets
21.80%Core capital (leverage) ratio
20.27%Tier 1 risk-based capital ratio
30.17%Total risk-based capital ratio
Memoranda
$31Average assets
$56,420Average earning assets
$12,432Average equity
$52,812Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Lancaster Federal Savings Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: