The Fifth Third Bank of Northern Kentucky, Inc. in Covington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2003

  • The Fifth Third Bank of Northern Kentucky, Inc. in Covington, Kentucky (KY)
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The Fifth Third Bank of Northern Kentucky, Inc. - Overview

  • General
  • FDIC Certificate #: 9667
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fifth Third Bank (#993)
    Federal Reserve ID: 138510
    Date Established: January 01, 1908
    WWW: http://www.53.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 31 (Interstate: No)
    OTS Docket #: 11691
    FDIC's unique #: 6185
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 31, 2003
    Last Structure Change Process Date: January 14, 2004
    Last Data Update: January 14, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 535 Madison Avenue, 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: $1,515.7 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, 2002)

  • Dollar figures in thousands
  • 325Total employees (full-time equivalent)
  • $1,452,975Total assets
  • $44,530Cash and due from depository institutions
  • $15Interest-bearing balances
  • $228,905Securities
  • $465,558Federal funds sold & reverse repurchase agreements
  • $672,336Net loans & leases
  • $10,105Loan loss allowance
  • $0Trading account assets
  • $21,112Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $20,534All other assets
  • $1,452,975Total liabilities and capital
  • $1,346,832Total liabilities
  • $1,170,647Total deposits
  • $1,105,726Interest-bearing deposits
  • $1,170,647Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $138,523Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,478Other borrowed funds
  • $20,000Subordinated debt
  • $16,184All other liabilities
  • $106,143Total equity capital
  • $106,143Total bank equity capital
  • $106,143Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $41,823Undivided profits
  • Memoranda
  • $62,320Noncurrent loans and leases
  • $327,471Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,114Earning assets
  • $1,063Long-term assets (5+ years)
  • $4,953Average Assets, year-to-date
  • $1,366,814Average Assets, quarterly
  • $308,736Volatile liabilities
  • $1,320,286Insider loans
  • $1,409,413FHLB advances
  • $151,406Loans and leases held for sale
  • $35,753Unused loan commitments
  • $1,478Tier 1 (core) risk-based capital
  • $115,740Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $327,471Total unused commitments
  • $0Restructured Loans and leases
  • $30,105Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $67,952Total interest income
  • $20,251Total interest expense
  • $47,701Net interest income
  • $1,757Provision for loan and lease losses
  • $29,152Total noninterest income
  • $2,867Fiduciary activities
  • $12,411Service charges on deposit accounts
  • $0Trading account gains & fees
  • $13,874Additional noninterest income
  • $38,159Total noninterest expense
  • $17,033Salaries and employee benefits
  • $3,930Premises and equipment expense
  • $17,196Additional noninterest expense
  • $36,937Pre-tax net operating income
  • $597Securities gains (losses)
  • $12,771Applicable income taxes
  • $24,763Income before extraordinary items
  • $0Extraordinary gains - net
  • $24,763Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,408Sale, conversion, retirement of capital stock, net
  • $11,700Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.48%Yield on earning assets
  • 1.63%Cost of funding earning assets
  • 3.85%Net interest margin
  • 2.35%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • 1.85%Net operating income to assets
  • 1.88%Return on assets (ROA)
  • 2.84%Pretax return on assets
  • 25.38%Return on equity (ROE)
  • 13.39%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 124.79%Credit loss provision to net charge-offs
  • 27.48%Efficiency ratio
  • 49,652Assets per employee
  • 4.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.25%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 197.59%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.75%Net loans and leases to deposits
  • 57.43%Net loans and leases to core deposits
  • 58.07%Equity capital to assets
  • 7.31%Core capital (leverage) ratio
  • 7.08%Tier 1 risk-based capital ratio
  • 8.29%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,320,286Average earning assets
  • $97,577Average equity
  • $1,239,758Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $312,275Managed Assets
  • 1Number of Accounts
  • $268,330Personal trust and agency accounts
  • $64,968Employee benefit-defined contribution accounts
  • $28,338Employee benefit-defined benefit accounts
  • $6,519Other retirement accounts
  • $38,592Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $129,913Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1602Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $43,945Other retirement accounts
  • $11,227Corporate trust and agency accounts
  • $19,880Other fiduciary accounts
  • $1,932Fiduciary accounts held in foreign offices

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