FDIC Certificate #: 27219 Status: Active Federal Reserve ID: 1187551 Bank Holding Company (Regulatory Top Holder): Independent Community Bancorp, Inc. (RSSDID: 1248005, Location: Frankfort, KY) Date Established: April 12, 1988 WWW:http://www.bbky.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 39151 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: April 12, 1988 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 107 Progress Drive (40601), Frankfort, KY 40602 County: Franklin 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 Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336) Core Based Statistical Area (CBSA): Frankfort, KY (#23180) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $69.9 mil Equity capital: $11.1 mil Deposits held in domestic offices: $58.0 mil Return on assets (ROA): 1.00% ($0.7 mil) Quarterly return on assets: 1.35% ($0.9 mil) Return on Equity (ROE): 6.31% ($0.7 mil) Quarterly return on equity: 8.63% ($0.9 mil) Net income: $0.7 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.45% ($1,013.9 mil) Quarterly Pretax return on assets: 1.54% ($1,076.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
28Total employees (full-time equivalent)
$69,927Total assets
$31,333Cash and due from depository institutions
$4,333Interest-bearing balances
$0Securities
$3,287Federal funds sold & reverse repurchase agreements
$31,571Net loans & leases
$465Loan loss allowance
$0Trading account assets
$1,390Bank premises and fixed assets
$638Other real estate owned
$0Goodwill and other intangibles
$69,927Life insurance assets
$1,708All other assets
$58,825Total liabilities and capital
$57,980Total liabilities
$0Total deposits
$57,980Interest-bearing deposits
$54Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$845Subordinated debt
$11,102All other liabilities
$11,102Total equity capital
$11,102Total bank equity capital
$0Perpetual preferred stock
$498Common stock
$4,502Surplus
$6,102Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$507Income earned, not collected on loans
$0Earning assets
$137Long-term assets (5+ years)
$39,191Average Assets, year-to-date
$1,298Average Assets, quarterly
$67,803Volatile liabilities
$70,253Insider loans
$36,340FHLB advances
$82,439Loans and leases held for sale
$492Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,102Tier 2 risk-based capital
$492Total risk weighted assets
$0Total unused commitments
$2,107Restructured Loans and leases
$723Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,757Total interest income
$45Total interest expense
$1,712Net interest income
$270Provision for loan and lease losses
$4,404Total noninterest income
$0Fiduciary activities
$2,384Service charges on deposit accounts
$0Trading account gains & fees
$2,020Additional noninterest income
$4,865Total noninterest expense
$1,977Salaries and employee benefits
$272Premises and equipment expense
$2,616Additional noninterest expense
$981Pre-tax net operating income
$0Securities gains (losses)
$304Applicable income taxes
$677Income before extraordinary items
$0Extraordinary gains - net
$677Net income attributable to bank
$0Net charge-offs
$677Cash dividends
$1,291Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.33%Yield on earning assets
0.11%Cost of funding earning assets
4.22%Net interest margin
10.84%Noninterest income to earning assets
11.98%Noninterest expense to earning assets
1.00%Net operating income to assets
1.00%Return on assets (ROA)
1.45%Pretax return on assets
6.31%Return on equity (ROE)
6.31%Retained earnings to average equity (YTD only)
3.81%Net charge-offs to loans
20.91%Credit loss provision to net charge-offs
0.97%Efficiency ratio
79,545Assets per employee
2.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
91.72%Noncurrent assets plus other real estate owned to assets
1.64%Noncurrent loans to loans
1.58%Net loans and leases to deposits
54.45%Net loans and leases to core deposits
54.45%Equity capital to assets
15.88%Core capital (leverage) ratio
13.47%Tier 1 risk-based capital ratio
30.55%Total risk-based capital ratio
Memoranda
$32Average assets
$67,803Average earning assets
$10,728Average equity
$40,615Average loans
List of branches
1 Kentucky Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
39151
The Bankers' Bank Of Kentucky, Inc.
107 Progress Drive (40601), Frankfort, KY 40602
April 12, 1988
Full Service Brick and Mortar
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