First Security Trust Bank, Inc. in city_name, state_name - Detailed Financial Reports, Location

First Security Trust Bank, Inc. in Florence, Kentucky (KY)
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First Security Trust Bank, Inc. routing number info

First Security Trust Bank, Inc. - Overview

General
FDIC Certificate #: 34863
Status: Active
Federal Reserve ID: 2817323
Bank Holding Company (Regulatory Top Holder): Commonwealth Bancshares, Inc. (RSSDID: 1118948, Location: Louisville, KY)
Date Established: June 14, 1999
WWW: http://www.fstb.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 15357
FDIC's unique #: 61925
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: Commercial Lending Specialization
Date of Deposit Insurance: June 14, 1999
Last Structure Change Effective Date: September 16, 2010
Last Structure Change Process Date: September 16, 2010
Last Data Update: September 16, 2010
Data Source Date: April 05, 2012
Location
Address: 7135 Houston Road, Florence, KY 41042
County: Boone
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
Metropolitan Statistical Area (MSA): Cincinnati, OH-KY-IN (#1640)
Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21)
Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178)
Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140)
CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
Financial Summary
Total assets: $116.6 mil
Equity capital: $10.6 mil
Deposits held in domestic offices: $98.5 mil
Return on assets (ROA): -0.96% (-$1.1 mil)
Quarterly return on assets: -0.06% (-$0.1 mil)
Return on Equity (ROE): -10.75% (-$1.2 mil)
Quarterly return on equity: -0.64% (-$0.1 mil)
Net income: -$1.2 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: -0.96% (-$1,119.1 mil)
Quarterly Pretax return on assets: -0.06% (-$69.9 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
25Total employees (full-time equivalent)
$116,568Total assets
$1,449Cash and due from depository institutions
$551Interest-bearing balances
$17,361Securities
$3,046Federal funds sold & reverse repurchase agreements
$87,873Net loans & leases
$1,913Loan loss allowance
$0Trading account assets
$3,813Bank premises and fixed assets
$1,800Other real estate owned
$0Goodwill and other intangibles
$116,568Life insurance assets
$1,226All other assets
$105,999Total liabilities and capital
$98,496Total liabilities
$85,968Total deposits
$98,496Interest-bearing deposits
$95Deposits held in domestic offices
741.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,900Trading liabilities
$0Other borrowed funds
$862Subordinated debt
$10,569All other liabilities
$10,569Total equity capital
$10,569Total bank equity capital
$0Perpetual preferred stock
$10,000Common stock
$3,300Surplus
$-2,731Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,644Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,345Income earned, not collected on loans
$0Earning assets
$332Long-term assets (5+ years)
$108,831Average Assets, year-to-date
$10,345Average Assets, quarterly
$123,988Volatile liabilities
$119,288Insider loans
$90,218FHLB advances
$119,992Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,454Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$11,080Restructured Loans and leases
$6,071Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,407Total interest income
$1,031Total interest expense
$4,376Net interest income
$1,260Provision for loan and lease losses
$289Total noninterest income
$0Fiduciary activities
$203Service charges on deposit accounts
$0Trading account gains & fees
$86Additional noninterest income
$4,504Total noninterest expense
$1,885Salaries and employee benefits
$502Premises and equipment expense
$2,117Additional noninterest expense
-$1,099Pre-tax net operating income
-$93Securities gains (losses)
$0Applicable income taxes
-$1,192Income before extraordinary items
$0Extraordinary gains - net
-$1,192Net income attributable to bank
$0Net charge-offs
-$1,192Cash dividends
$467Sale, conversion, retirement of capital stock, net
$300Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.65%Yield on earning assets
0.89%Cost of funding earning assets
3.77%Net interest margin
0.25%Noninterest income to earning assets
3.88%Noninterest expense to earning assets
-0.89%Net operating income to assets
-0.96%Return on assets (ROA)
-0.96%Pretax return on assets
-10.75%Return on equity (ROE)
-13.45%Retained earnings to average equity (YTD only)
0.51%Net charge-offs to loans
269.81%Credit loss provision to net charge-offs
0.34%Efficiency ratio
96,549Assets per employee
4.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
-25.17%Loss allowance to loans
2.13%Loss allowance to noncurrent loans
57.19%Noncurrent assets plus other real estate owned to assets
4.41%Noncurrent loans to loans
3.73%Net loans and leases to deposits
89.21%Net loans and leases to core deposits
94.37%Equity capital to assets
9.07%Core capital (leverage) ratio
8.71%Tier 1 risk-based capital ratio
11.59%Total risk-based capital ratio
Memoranda
$13Average assets
$123,988Average earning assets
$11,090Average equity
$116,206Average loans

List of branches

3 Kentucky Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	61925	First Security Trust Bank, Inc.	7135 Houston Road, Florence, KY 41042	June 14, 1999	Full Service Brick and Mortar
3	363481	Edgewood Branch	160 Barnwood Drive, Edgewood, KY 41017	April 18, 2001	Full Service Brick and Mortar
5	449866	Crescent Springs Branch	570 Clock Tower Way, Crescent Springs, KY 41017	March 13, 2006	Full Service Retail

First Security Trust Bank, Inc. in Florence, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Trust Bank, Inc. - 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 Security Trust Bank, Inc. in Florence, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Trust Bank, Inc. - 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 Security Trust Bank, Inc. in Florence, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches