The Citizens National Bank of Russellville in Russellville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2005

The Citizens National Bank of Russellville in Russellville, Kentucky (KY)
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The Citizens National Bank of Russellville - Overview

General
FDIC Certificate #: 2768
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Southern National Bank (#2700)
Federal Reserve ID: 176240
Date Established: December 19, 1902
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
OTS Docket #: 9644
FDIC's unique #: 1804
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: July 01, 2005
Last Structure Change Process Date: July 12, 2005
Last Data Update: July 12, 2005
Data Source Date: April 05, 2012
Location
Address: 138 North Main Street, Russellville, KY 42276
County: Logan
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: $163.0 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, 2004)

Dollar figures in thousands
35Total employees (full-time equivalent)
$166,883Total assets
$7,388Cash and due from depository institutions
$9Interest-bearing balances
$46,596Securities
$2,925Federal funds sold & reverse repurchase agreements
$97,218Net loans & leases
$1,135Loan loss allowance
$0Trading account assets
$2,860Bank premises and fixed assets
$0Other real estate owned
$7,704Goodwill and other intangibles
$0Life insurance assets
$2,192All other assets
$166,883Total liabilities and capital
$148,722Total liabilities
$146,908Total deposits
$134,026Interest-bearing deposits
$146,908Deposits held in domestic offices
0.00%% insured (estimated)
$135Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,679All other liabilities
$18,161Total equity capital
$18,161Total bank equity capital
$18,161Perpetual preferred stock
$0Common stock
$400Surplus
$17,706Undivided profits
Memoranda
$55Noncurrent loans and leases
$13,273Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,394Earning assets
$0Long-term assets (5+ years)
$823Average Assets, year-to-date
$146,748Average Assets, quarterly
$37,664Volatile liabilities
$173,869Insider loans
$169,001FHLB advances
$39,345Loans and leases held for sale
$3,548Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$13,273Total unused commitments
$0Restructured Loans and leases
$1,135Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$7,581Total interest income
$2,678Total interest expense
$4,903Net interest income
$720Provision for loan and lease losses
$924Total noninterest income
$0Fiduciary activities
$792Service charges on deposit accounts
$0Trading account gains & fees
$132Additional noninterest income
$3,469Total noninterest expense
$1,366Salaries and employee benefits
$357Premises and equipment expense
$1,746Additional noninterest expense
$1,638Pre-tax net operating income
$7Securities gains (losses)
$285Applicable income taxes
$1,360Income before extraordinary items
$0Extraordinary gains - net
$1,360Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$512Sale, conversion, retirement of capital stock, net
$1,950Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.88%Yield on earning assets
1.72%Cost of funding earning assets
3.15%Net interest margin
0.59%Noninterest income to earning assets
2.23%Noninterest expense to earning assets
0.78%Net operating income to assets
0.78%Return on assets (ROA)
0.95%Pretax return on assets
7.88%Return on equity (ROE)
-3.42%Retained earnings to average equity (YTD only)
0.64%Net charge-offs to loans
140.63%Credit loss provision to net charge-offs
4.61%Efficiency ratio
59,533Assets per employee
4.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
143.38%Loss allowance to loans
1.15%Loss allowance to noncurrent loans
81.42%Noncurrent assets plus other real estate owned to assets
0.84%Noncurrent loans to loans
1.42%Net loans and leases to deposits
66.18%Net loans and leases to core deposits
90.27%Equity capital to assets
10.88%Core capital (leverage) ratio
6.73%Tier 1 risk-based capital ratio
9.60%Total risk-based capital ratio
Memoranda
$11Average assets
$173,869Average earning assets
$17,268Average equity
$155,429Average loans

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