FDIC Certificate #: 286 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Union Planters Bank, National Association (#4979) Federal Reserve ID: 498540 Date Established: Febuary 15, 1890 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 10855 FDIC's unique #: 230 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: January 01, 1934 Last Structure Change Effective Date: January 01, 1998 Last Structure Change Process Date: January 26, 1998 Last Data Update: January 26, 1998 Data Source Date: April 05, 2012
Location
Address: 119 Cedar Street, Franklin, KY 42134 County: Simpson 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
Financial Summary
Total assets: $114.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
45Total employees (full-time equivalent)
$114,915Total assets
$4,454Cash and due from depository institutions
$27Interest-bearing balances
$17,562Securities
$2,600Federal funds sold & reverse repurchase agreements
$87,136Net loans & leases
$1,131Loan loss allowance
$0Trading account assets
$1,681Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,482All other assets
$114,915Total liabilities and capital
$107,573Total liabilities
$105,343Total deposits
$91,839Interest-bearing deposits
$105,343Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,718Other borrowed funds
$0Subordinated debt
$512All other liabilities
$7,342Total equity capital
$7,342Total bank equity capital
$7,342Perpetual preferred stock
$0Common stock
$825Surplus
$5,425Undivided profits
Memoranda
$1,092Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$638Earning assets
$0Long-term assets (5+ years)
$799Average Assets, year-to-date
$107,325Average Assets, quarterly
$17,177Volatile liabilities
$114,860Insider loans
$113,774FHLB advances
$12,000Loans and leases held for sale
$4,545Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,984Total unused commitments
$0Restructured Loans and leases
$75,397Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$9,431Total interest income
$4,431Total interest expense
$5,000Net interest income
$190Provision for loan and lease losses
$940Total noninterest income
$35Fiduciary activities
$523Service charges on deposit accounts
$0Trading account gains & fees
$382Additional noninterest income
$2,943Total noninterest expense
$1,428Salaries and employee benefits
$336Premises and equipment expense
$1,179Additional noninterest expense
$2,807Pre-tax net operating income
$0Securities gains (losses)
$871Applicable income taxes
$1,936Income before extraordinary items
$0Extraordinary gains - net
$1,936Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$115Sale, conversion, retirement of capital stock, net
$2,025Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.66%Yield on earning assets
4.07%Cost of funding earning assets
4.59%Net interest margin
0.86%Noninterest income to earning assets
2.70%Noninterest expense to earning assets
1.69%Net operating income to assets
1.69%Return on assets (ROA)
2.44%Pretax return on assets
25.66%Return on equity (ROE)
-1.18%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
165.22%Credit loss provision to net charge-offs
26.06%Efficiency ratio
49,545Assets per employee
2.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
104.60%Loss allowance to loans
1.28%Loss allowance to noncurrent loans
177.27%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.72%Net loans and leases to deposits
82.72%Net loans and leases to core deposits
92.91%Equity capital to assets
6.39%Core capital (leverage) ratio
6.33%Tier 1 risk-based capital ratio
9.55%Total risk-based capital ratio
Memoranda
$11Average assets
$114,860Average earning assets
$7,545Average equity
$108,901Average 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 Simpson County 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.
Comment about this bank, ask questions, or add new information about it: