FDIC Certificate #: 28962 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Union Planters Bank of Kentucky, National Association (#2763) Federal Reserve ID: 869476 Date Established: June 01, 1934 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 2693 FDIC's unique #: 41796 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: January 25, 1935 Last Structure Change Effective Date: Febuary 12, 1998 Last Structure Change Process Date: March 18, 1998 Last Data Update: March 18, 1998 Data Source Date: April 05, 2012
Location
Address: 214 North First St, Central City, KY 42330 County: Muhlenberg 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 Core Based Statistical Area (CBSA): Central City, KY (#16420) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $177.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
64Total employees (full-time equivalent)
$177,413Total assets
$5,931Cash and due from depository institutions
$2,979Interest-bearing balances
$48,779Securities
$0Federal funds sold & reverse repurchase agreements
$117,347Net loans & leases
$1,038Loan loss allowance
$0Trading account assets
$1,784Bank premises and fixed assets
$69Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,503All other assets
$177,413Total liabilities and capital
$158,895Total liabilities
$146,982Total deposits
$143,406Interest-bearing deposits
$146,982Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,853Other borrowed funds
$0Subordinated debt
$2,060All other liabilities
$18,518Total equity capital
$18,518Total bank equity capital
$18,518Perpetual preferred stock
$0Common stock
$1Surplus
$3,099Undivided profits
Memoranda
$15,418Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,058Earning assets
$0Long-term assets (5+ years)
$903Average Assets, year-to-date
$169,105Average Assets, quarterly
$0Volatile liabilities
$172,838Insider loans
$177,573FHLB advances
$19,881Loans and leases held for sale
$543Unused loan commitments
$9,853Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,067Total unused commitments
$0Restructured Loans and leases
$90,007Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$12,766Total interest income
$6,947Total interest expense
$5,819Net interest income
$441Provision for loan and lease losses
$740Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$740Additional noninterest income
$3,424Total noninterest expense
$1,741Salaries and employee benefits
$372Premises and equipment expense
$1,311Additional noninterest expense
$2,694Pre-tax net operating income
$0Securities gains (losses)
$1,011Applicable income taxes
$1,683Income before extraordinary items
$0Extraordinary gains - net
$1,683Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$228Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.75%Yield on earning assets
4.22%Cost of funding earning assets
3.53%Net interest margin
0.45%Noninterest income to earning assets
2.08%Noninterest expense to earning assets
0.97%Net operating income to assets
0.97%Return on assets (ROA)
1.56%Pretax return on assets
9.56%Return on equity (ROE)
9.56%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
193.42%Credit loss provision to net charge-offs
13.75%Efficiency ratio
52,203Assets per employee
2.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.88%Loss allowance to noncurrent loans
98.11%Noncurrent assets plus other real estate owned to assets
0.60%Noncurrent loans to loans
0.89%Net loans and leases to deposits
79.84%Net loans and leases to core deposits
85.68%Equity capital to assets
10.44%Core capital (leverage) ratio
10.32%Tier 1 risk-based capital ratio
20.29%Total risk-based capital ratio
Memoranda
$21Average assets
$172,838Average earning assets
$17,611Average equity
$164,687Average 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 Peoples First, F.S.B..
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: