The First National Bank and Trust Company of Corbin in Corbin, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 09, 1999

  • The First National Bank and Trust Company of Corbin in Corbin, Kentucky (KY)
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The First National Bank and Trust Company of Corbin - Overview

  • General
  • FDIC Certificate #: 2686
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank, National Association (#4979)
    Federal Reserve ID: 685911
    Date Established: January 01, 1905
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 10963
    FDIC's unique #: 1732
    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 09, 1999
    Last Structure Change Process Date: July 20, 1999
    Last Data Update: July 20, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: Main At First, Corbin, KY 40701
    County: Whitley
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Knoxville
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Corbin-London, KY (#202)
    Core Based Statistical Area (CBSA): Corbin, KY (#18340)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $229.4 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 103Total employees (full-time equivalent)
  • $235,095Total assets
  • $7,332Cash and due from depository institutions
  • $5Interest-bearing balances
  • $49,662Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $168,849Net loans & leases
  • $4,000Loan loss allowance
  • $0Trading account assets
  • $3,188Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $6,064All other assets
  • $235,095Total liabilities and capital
  • $219,416Total liabilities
  • $192,861Total deposits
  • $170,877Interest-bearing deposits
  • $192,861Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $18,970Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,233Other borrowed funds
  • $0Subordinated debt
  • $2,352All other liabilities
  • $15,679Total equity capital
  • $15,679Total bank equity capital
  • $15,679Perpetual preferred stock
  • $0Common stock
  • $1,400Surplus
  • $5,000Undivided profits
  • Memoranda
  • $9,279Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $431Earning assets
  • $0Long-term assets (5+ years)
  • $1,301Average Assets, year-to-date
  • $218,516Average Assets, quarterly
  • $56,349Volatile liabilities
  • $238,966Insider loans
  • $239,304FHLB advances
  • $53,224Loans and leases held for sale
  • $2,485Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $20,445Total unused commitments
  • $0Restructured Loans and leases
  • $166,042Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $19,577Total interest income
  • $9,885Total interest expense
  • $9,692Net interest income
  • $4,939Provision for loan and lease losses
  • $1,461Total noninterest income
  • $52Fiduciary activities
  • $727Service charges on deposit accounts
  • $0Trading account gains & fees
  • $682Additional noninterest income
  • $9,534Total noninterest expense
  • $3,783Salaries and employee benefits
  • $1,590Premises and equipment expense
  • $4,161Additional noninterest expense
  • -$3,320Pre-tax net operating income
  • $382Securities gains (losses)
  • -$3,009Applicable income taxes
  • $71Income before extraordinary items
  • $0Extraordinary gains - net
  • $71Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,114Sale, conversion, retirement of capital stock, net
  • $2,100Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.73%Yield on earning assets
  • 4.41%Cost of funding earning assets
  • 4.32%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 4.25%Noninterest expense to earning assets
  • -0.07%Net operating income to assets
  • 0.03%Return on assets (ROA)
  • -1.23%Pretax return on assets
  • 0.39%Return on equity (ROE)
  • -11.19%Retained earnings to average equity (YTD only)
  • 1.76%Net charge-offs to loans
  • 158.61%Credit loss provision to net charge-offs
  • 0.52%Efficiency ratio
  • 85,484Assets per employee
  • 2.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 2957.75%Loss allowance to loans
  • 2.31%Loss allowance to noncurrent loans
  • 928.07%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.25%Net loans and leases to deposits
  • 87.55%Net loans and leases to core deposits
  • 106.30%Equity capital to assets
  • 6.67%Core capital (leverage) ratio
  • 6.21%Tier 1 risk-based capital ratio
  • 9.17%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $238,966Average earning assets
  • $18,129Average equity
  • $224,136Average loans

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