FDIC Certificate #: 29394 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Kentucky Bank (#8795) Federal Reserve ID: 429478 Date Established: January 01, 1922 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 3384 FDIC's unique #: 42228 Numeric code: 37 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: August 15, 1935 Last Structure Change Effective Date: March 25, 1999 Last Structure Change Process Date: March 31, 1999 Last Data Update: March 31, 1999 Data Source Date: April 05, 2012
Location
Address: P O Box 69, Princeton, KY 42445 County: Caldwell Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Hopkinsville Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $32.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
8Total employees (full-time equivalent)
$32,017Total assets
$749Cash and due from depository institutions
$327Interest-bearing balances
$4,817Securities
$2,870Federal funds sold & reverse repurchase agreements
$22,440Net loans & leases
$231Loan loss allowance
$0Trading account assets
$266Bank premises and fixed assets
$40Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$835All other assets
$32,017Total liabilities and capital
$27,584Total liabilities
$22,953Total deposits
$21,933Interest-bearing deposits
$22,953Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,353Other borrowed funds
$0Subordinated debt
$278All other liabilities
$4,433Total equity capital
$4,433Total bank equity capital
$4,433Perpetual preferred stock
$0Common stock
$3Surplus
$2,881Undivided profits
Memoranda
$1,549Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$537Earning assets
$0Long-term assets (5+ years)
$258Average Assets, year-to-date
$30,454Average Assets, quarterly
$0Volatile liabilities
$31,966Insider loans
$31,968FHLB advances
$5,229Loans and leases held for sale
$259Unused loan commitments
$4,353Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$431Total unused commitments
$0Restructured Loans and leases
$19,951Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,457Total interest income
$1,322Total interest expense
$1,135Net interest income
$24Provision for loan and lease losses
$106Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$106Additional noninterest income
$1,145Total noninterest expense
$646Salaries and employee benefits
$131Premises and equipment expense
$368Additional noninterest expense
$72Pre-tax net operating income
$0Securities gains (losses)
$124Applicable income taxes
-$52Income before extraordinary items
$0Extraordinary gains - net
-$52Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$316Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.08%Yield on earning assets
4.35%Cost of funding earning assets
3.73%Net interest margin
0.35%Noninterest income to earning assets
3.76%Noninterest expense to earning assets
-0.16%Net operating income to assets
-0.16%Return on assets (ROA)
0.23%Pretax return on assets
-1.15%Return on equity (ROE)
-8.15%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
92,264Assets per employee
4.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
-607.69%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
43.02%Noncurrent assets plus other real estate owned to assets
1.80%Noncurrent loans to loans
2.37%Net loans and leases to deposits
97.76%Net loans and leases to core deposits
101.64%Equity capital to assets
13.85%Core capital (leverage) ratio
14.34%Tier 1 risk-based capital ratio
23.14%Total risk-based capital ratio
Memoranda
$24Average assets
$31,966Average earning assets
$4,513Average equity
$30,420Average loans
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