The Farmers Bank and Trust Company of Georgetown, Kentucky in Georgetown, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 2008

  • The Farmers Bank and Trust Company of Georgetown, Kentucky in Georgetown, Kentucky (KY)
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The Farmers Bank and Trust Company of Georgetown, Kentucky - Overview

  • General
  • FDIC Certificate #: 10136
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Bank & Trust Company (#15608)
    Federal Reserve ID: 607511
    Date Established: January 01, 1850
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    OTS Docket #: 13901
    FDIC's unique #: 6487
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 01, 2008
    Last Structure Change Process Date: January 06, 2009
    Last Data Update: January 06, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 206-210 East Main Street, Georgetown, KY 40324
    County: Scott
    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): Lexington, KY (#4280)
    Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
    Core Based Statistical Area (CBSA): Lexington-Fayette, KY (#30460)
    CBSA Metro Statistical Area: Lexington-Fayette, KY (#30460)
  • Financial Summary
  • Total assets: $347.9 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, 2007)

  • Dollar figures in thousands
  • 81Total employees (full-time equivalent)
  • $350,040Total assets
  • $8,355Cash and due from depository institutions
  • $189Interest-bearing balances
  • $71,669Securities
  • $6,993Federal funds sold & reverse repurchase agreements
  • $244,557Net loans & leases
  • $2,876Loan loss allowance
  • $0Trading account assets
  • $5,441Bank premises and fixed assets
  • $1,148Other real estate owned
  • $4,182Goodwill and other intangibles
  • $2,988Life insurance assets
  • $7,695All other assets
  • $350,040Total liabilities and capital
  • $320,984Total liabilities
  • $222,660Total deposits
  • $194,830Interest-bearing deposits
  • $222,660Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $83,766Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $11,360Other borrowed funds
  • $0Subordinated debt
  • $3,198All other liabilities
  • $29,056Total equity capital
  • $29,056Total bank equity capital
  • $29,056Perpetual preferred stock
  • $0Common stock
  • $1,048Surplus
  • $25,665Undivided profits
  • Memoranda
  • $2,343Noncurrent loans and leases
  • $44,626Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $8,840Earning assets
  • $21Long-term assets (5+ years)
  • $2,256Average Assets, year-to-date
  • $323,408Average Assets, quarterly
  • $89,091Volatile liabilities
  • $330,088Insider loans
  • $332,284FHLB advances
  • $137,329Loans and leases held for sale
  • $856Unused loan commitments
  • $11,360Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $44,626Total unused commitments
  • $0Restructured Loans and leases
  • $2,876Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $22,292Total interest income
  • $11,659Total interest expense
  • $10,633Net interest income
  • $1,102Provision for loan and lease losses
  • $2,044Total noninterest income
  • $0Fiduciary activities
  • $1,310Service charges on deposit accounts
  • $0Trading account gains & fees
  • $734Additional noninterest income
  • $8,615Total noninterest expense
  • $4,279Salaries and employee benefits
  • $1,095Premises and equipment expense
  • $3,241Additional noninterest expense
  • $2,960Pre-tax net operating income
  • $0Securities gains (losses)
  • $964Applicable income taxes
  • $1,996Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,996Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $90Sale, conversion, retirement of capital stock, net
  • $3,890Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.33%Yield on earning assets
  • 3.83%Cost of funding earning assets
  • 3.49%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 0.90%Pretax return on assets
  • 6.81%Return on equity (ROE)
  • -6.46%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 1224.44%Credit loss provision to net charge-offs
  • 45.13%Efficiency ratio
  • 66,001Assets per employee
  • 4.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 194.89%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 32.53%Noncurrent assets plus other real estate owned to assets
  • 2.85%Noncurrent loans to loans
  • 3.57%Net loans and leases to deposits
  • 109.83%Net loans and leases to core deposits
  • 140.47%Equity capital to assets
  • 8.30%Core capital (leverage) ratio
  • 7.43%Tier 1 risk-based capital ratio
  • 9.46%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $330,088Average earning assets
  • $29,330Average equity
  • $304,277Average loans

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