Kentucky Bank & Trust in Ashland, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 09, 2003

Kentucky Bank & Trust in Ashland, Kentucky (KY)
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Kentucky Bank & Trust - Overview

General
FDIC Certificate #: 22437
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Peoples Bank, National Association (#6544)
Federal Reserve ID: 998116
Date Established: March 28, 1977
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 12156
FDIC's unique #: 15636
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: March 28, 1977
Last Structure Change Effective Date: May 09, 2003
Last Structure Change Process Date: May 21, 2003
Last Data Update: May 21, 2003
Data Source Date: April 05, 2012
Location
Address: 1999 Winchester Avenue, Ashland, KY 41105
County: Boyd
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): Huntington-Ashland, WV-KY-OH (#3400)
Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580)
CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580)
Financial Summary
Total assets: $143.6 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, 2002)

Dollar figures in thousands
41Total employees (full-time equivalent)
$126,742Total assets
$3,797Cash and due from depository institutions
$200Interest-bearing balances
$35,975Securities
$3,055Federal funds sold & reverse repurchase agreements
$77,013Net loans & leases
$612Loan loss allowance
$0Trading account assets
$4,874Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,028All other assets
$126,742Total liabilities and capital
$110,073Total liabilities
$98,710Total deposits
$83,122Interest-bearing deposits
$98,710Deposits held in domestic offices
0.00%% insured (estimated)
$6,836Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,221Other borrowed funds
$0Subordinated debt
$1,306All other liabilities
$16,669Total equity capital
$16,669Total bank equity capital
$16,669Perpetual preferred stock
$0Common stock
$5,919Surplus
$10,309Undivided profits
Memoranda
$441Noncurrent loans and leases
$6,899Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$215Earning assets
$0Long-term assets (5+ years)
$643Average Assets, year-to-date
$116,243Average Assets, quarterly
$11,392Volatile liabilities
$127,331Insider loans
$126,963FHLB advances
$25,004Loans and leases held for sale
$9,286Unused loan commitments
$2,762Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,899Total unused commitments
$0Restructured Loans and leases
$612Derivatives

Income and Expense (December 31, 2002)

Dollar figures in thousands
$6,775Total interest income
$2,736Total interest expense
$4,039Net interest income
$22Provision for loan and lease losses
$2,360Total noninterest income
$1,573Fiduciary activities
$400Service charges on deposit accounts
$0Trading account gains & fees
$387Additional noninterest income
$4,778Total noninterest expense
$2,967Salaries and employee benefits
$661Premises and equipment expense
$1,150Additional noninterest expense
$1,599Pre-tax net operating income
$0Securities gains (losses)
$507Applicable income taxes
$1,092Income before extraordinary items
$0Extraordinary gains - net
$1,092Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$887Net operating income

Performance and Condition Ratios (December 31, 2002)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.86%Yield on earning assets
2.37%Cost of funding earning assets
3.49%Net interest margin
2.04%Noninterest income to earning assets
4.13%Noninterest expense to earning assets
0.86%Net operating income to assets
0.86%Return on assets (ROA)
1.26%Pretax return on assets
6.44%Return on equity (ROE)
1.21%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
-2200.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
74,668Assets per employee
3.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
81.23%Loss allowance to loans
0.79%Loss allowance to noncurrent loans
284.65%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.28%Net loans and leases to deposits
78.02%Net loans and leases to core deposits
95.08%Equity capital to assets
13.15%Core capital (leverage) ratio
12.81%Tier 1 risk-based capital ratio
20.07%Total risk-based capital ratio
Memoranda
$21Average assets
$127,331Average earning assets
$16,946Average equity
$115,675Average loans

Total Fiduciary and Related Assets (December 31, 2002)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$197,139Managed Assets
1Number of Accounts
$189,385Personal trust and agency accounts
$49,132Employee benefit-defined contribution accounts
$79,460Employee benefit-defined benefit accounts
$0Other retirement accounts
$11,494Corporate trust and agency accounts
$0Investment management agency accounts
$49,299Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
334Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$7,754Other retirement accounts
$37Corporate trust and agency accounts
$0Other fiduciary accounts
$550Fiduciary accounts held in foreign offices

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