FDIC Certificate #: 10145 Status: Active Federal Reserve ID: 456344 Bank Holding Company (Regulatory Top Holder): Hart Bancshares, Inc. (RSSDID: 1118836, Location: Munfordville, KY) Date Established: Febuary 20, 1890 Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13528 FDIC's unique #: 6494 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: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: Febuary 27, 2008 Last Structure Change Process Date: Febuary 27, 2008 Last Data Update: Febuary 27, 2008 Data Source Date: April 05, 2012
Location
Address: 331 Main Street, Munfordville, KY 42765 County: Hart Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Elizabethtown Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast
History of Changes
Change in Location
Financial Summary
Total assets: $29.1 mil Equity capital: $4.6 mil Deposits held in domestic offices: $24.4 mil Return on assets (ROA): 1.01% ($0.3 mil) Quarterly return on assets: 1.25% ($0.4 mil) Return on Equity (ROE): 6.41% ($0.3 mil) Quarterly return on equity: 7.86% ($0.4 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.01% ($293.9 mil) Quarterly Pretax return on assets: 1.25% ($363.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
8Total employees (full-time equivalent)
$29,097Total assets
$10,610Cash and due from depository institutions
$5,865Interest-bearing balances
$7,930Securities
$1,606Federal funds sold & reverse repurchase agreements
$7,923Net loans & leases
$827Loan loss allowance
$0Trading account assets
$354Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$29,097Life insurance assets
$674All other assets
$24,473Total liabilities and capital
$24,378Total liabilities
$19,201Total deposits
$24,378Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$45Trading liabilities
$0Other borrowed funds
$50Subordinated debt
$4,624All other liabilities
$4,624Total equity capital
$4,624Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$2,000Surplus
$2,424Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$229Long-term assets (5+ years)
$23,324Average Assets, year-to-date
$2,269Average Assets, quarterly
$28,644Volatile liabilities
$28,889Insider loans
$15,705FHLB advances
$28,941Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,624Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$361Restructured Loans and leases
$64Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,152Total interest income
$217Total interest expense
$935Net interest income
$0Provision for loan and lease losses
$86Total noninterest income
$4Fiduciary activities
$63Service charges on deposit accounts
$0Trading account gains & fees
$19Additional noninterest income
$724Total noninterest expense
$390Salaries and employee benefits
$149Premises and equipment expense
$185Additional noninterest expense
$297Pre-tax net operating income
-$8Securities gains (losses)
$0Applicable income taxes
$289Income before extraordinary items
$0Extraordinary gains - net
$289Net income attributable to bank
$0Net charge-offs
$289Cash dividends
$30Sale, conversion, retirement of capital stock, net
$75Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.51%Yield on earning assets
0.85%Cost of funding earning assets
3.66%Net interest margin
0.34%Noninterest income to earning assets
2.83%Noninterest expense to earning assets
1.04%Net operating income to assets
1.01%Return on assets (ROA)
1.01%Pretax return on assets
6.41%Return on equity (ROE)
4.75%Retained earnings to average equity (YTD only)
0.32%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
9.90%Efficiency ratio
70,911Assets per employee
3.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
25.95%Loss allowance to loans
9.45%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
32.50%Net loans and leases to core deposits
32.85%Equity capital to assets
15.89%Core capital (leverage) ratio
15.98%Tier 1 risk-based capital ratio
29.44%Total risk-based capital ratio
Memoranda
$31Average assets
$28,644Average earning assets
$4,505Average equity
$25,565Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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