Fulton Bank in Fulton, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 2001

Fulton Bank in Fulton, Kentucky (KY)
Show street view No street view available for this location

Fulton Bank - Overview

General
FDIC Certificate #: 16338
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Reelfoot Bank (#9199)
Federal Reserve ID: 508748
Date Established: November 27, 1945
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 10832
FDIC's unique #: 10522
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: November 27, 1945
Last Structure Change Effective Date: November 13, 2001
Last Structure Change Process Date: January 17, 2002
Last Data Update: January 17, 2002
Data Source Date: April 05, 2012
Location
Address: One Bankers Plaza, Fulton, KY 42041
County: Fulton
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Dallas
FDIC Field Office: Hopkinsville
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Combined Statistical Area (CSA): Union City-Martin, TN-KY (#542)
Core Based Statistical Area (CBSA): Union City, TN-KY (#46460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $54.4 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
22Total employees (full-time equivalent)
$55,166Total assets
$1,976Cash and due from depository institutions
$174Interest-bearing balances
$9,420Securities
$3,700Federal funds sold & reverse repurchase agreements
$38,305Net loans & leases
$529Loan loss allowance
$0Trading account assets
$962Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$803All other assets
$55,166Total liabilities and capital
$49,863Total liabilities
$46,212Total deposits
$41,393Interest-bearing deposits
$46,212Deposits held in domestic offices
0.00%% insured (estimated)
$626Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,434Other borrowed funds
$0Subordinated debt
$591All other liabilities
$5,303Total equity capital
$5,303Total bank equity capital
$5,303Perpetual preferred stock
$0Common stock
$200Surplus
$3,643Undivided profits
Memoranda
$1,460Noncurrent loans and leases
$16,377Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$555Earning assets
$0Long-term assets (5+ years)
$467Average Assets, year-to-date
$51,599Average Assets, quarterly
$7,522Volatile liabilities
$54,495Insider loans
$55,064FHLB advances
$8,026Loans and leases held for sale
$1,593Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$16,377Total unused commitments
$0Restructured Loans and leases
$498Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$4,584Total interest income
$2,149Total interest expense
$2,435Net interest income
$125Provision for loan and lease losses
$253Total noninterest income
$0Fiduciary activities
$178Service charges on deposit accounts
$0Trading account gains & fees
$75Additional noninterest income
$1,619Total noninterest expense
$811Salaries and employee benefits
$170Premises and equipment expense
$638Additional noninterest expense
$944Pre-tax net operating income
$0Securities gains (losses)
$355Applicable income taxes
$589Income before extraordinary items
$0Extraordinary gains - net
$589Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$116Sale, conversion, retirement of capital stock, net
$378Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.06%Yield on earning assets
4.25%Cost of funding earning assets
4.81%Net interest margin
0.50%Noninterest income to earning assets
3.20%Noninterest expense to earning assets
1.08%Net operating income to assets
1.08%Return on assets (ROA)
1.73%Pretax return on assets
11.68%Return on equity (ROE)
4.18%Retained earnings to average equity (YTD only)
0.30%Net charge-offs to loans
107.76%Credit loss provision to net charge-offs
9.22%Efficiency ratio
59,338Assets per employee
2.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
64.18%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
95.32%Noncurrent assets plus other real estate owned to assets
1.01%Noncurrent loans to loans
1.43%Net loans and leases to deposits
82.89%Net loans and leases to core deposits
98.69%Equity capital to assets
9.61%Core capital (leverage) ratio
9.62%Tier 1 risk-based capital ratio
13.32%Total risk-based capital ratio
Memoranda
$15Average assets
$54,495Average earning assets
$5,044Average equity
$50,598Average 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 Fulton 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.