Star Bank, National Association, Kentucky in Covington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 14, 1996

  • Star Bank, National Association, Kentucky in Covington, Kentucky (KY)
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Star Bank, National Association, Kentucky - Overview

  • General
  • FDIC Certificate #: 2687
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: U.S. Bank National Association (#6548)
    Federal Reserve ID: 851819
    Date Established: November 18, 1864
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 25 (Interstate: No)
    FDIC's unique #: 1733
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 14, 1996
    Last Structure Change Process Date: July 24, 1996
    Last Data Update: July 24, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 50 East Rivercenter Boulevard, Covington, KY 41011
    County: Kenton
    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): Cincinnati, OH-KY-IN (#1640)
    Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21)
    Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178)
    Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140)
    CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
  • Financial Summary
  • Total assets: $718.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $212Total assets
  • $718,721Cash and due from depository institutions
  • $27,798Interest-bearing balances
  • $0Securities
  • $138,013Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $531,985Loan loss allowance
  • $6,801Trading account assets
  • $0Bank premises and fixed assets
  • $5,954Other real estate owned
  • $561Goodwill and other intangibles
  • $4,567Life insurance assets
  • $9,843All other assets
  • $0Total liabilities and capital
  • $718,721Total liabilities
  • $655,240Total deposits
  • $624,172Interest-bearing deposits
  • $542,077Deposits held in domestic offices
  • 624172.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $14,322Trading liabilities
  • $0Other borrowed funds
  • $2,629Subordinated debt
  • $0All other liabilities
  • $14,117Total equity capital
  • $14,117Total bank equity capital
  • $63,481Perpetual preferred stock
  • $0Common stock
  • $3,140Surplus
  • $47,237Undivided profits
  • Memoranda
  • $13,104Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,794Income earned, not collected on loans
  • $3,236Earning assets
  • $669,998Long-term assets (5+ years)
  • $210,390Average Assets, year-to-date
  • $735,215Average Assets, quarterly
  • $720,550Volatile liabilities
  • $34,961Insider loans
  • $2,130FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $44,369Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $53,925Total risk weighted assets
  • $520,952Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $55,407Total interest expense
  • $24,759Net interest income
  • $30,648Provision for loan and lease losses
  • $0Total noninterest income
  • $7,584Fiduciary activities
  • $760Service charges on deposit accounts
  • $4,849Trading account gains & fees
  • $0Additional noninterest income
  • $1,975Total noninterest expense
  • $19,730Salaries and employee benefits
  • $6,428Premises and equipment expense
  • $2,301Additional noninterest expense
  • $11,001Pre-tax net operating income
  • $18,502Securities gains (losses)
  • $0Applicable income taxes
  • $6,435Income before extraordinary items
  • $12,067Extraordinary gains - net
  • $0Net income attributable to bank
  • $12,067Net charge-offs
  • $984Cash dividends
  • $9,600Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.12%Cost of funding earning assets
  • 3.63%Net interest margin
  • 4.49%Noninterest income to earning assets
  • 1.11%Noninterest expense to earning assets
  • 2.89%Net operating income to assets
  • 1.64%Return on assets (ROA)
  • 1.64%Pretax return on assets
  • 2.52%Return on equity (ROE)
  • 19.38%Retained earnings to average equity (YTD only)
  • 3.96%Net charge-offs to loans
  • 0.18%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 47,638Assets per employee
  • 3.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 79.56%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 141.86%Noncurrent assets plus other real estate owned to assets
  • 0.75%Noncurrent loans to loans
  • 0.89%Net loans and leases to deposits
  • 85.23%Net loans and leases to core deposits
  • 87.76%Equity capital to assets
  • 8.83%Core capital (leverage) ratio
  • 7.63%Tier 1 risk-based capital ratio
  • 10.35%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $735,215Average earning assets
  • $62,278Average equity
  • $682,619Average loans

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