The London Bank & Trust Co. in London, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 29, 1996

The London Bank & Trust Co. in London, Kentucky (KY)
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The London Bank & Trust Co. - Overview

General
FDIC Certificate #: 22032
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: National City Bank of Kentucky (#2756)
Federal Reserve ID: 646716
Date Established: June 03, 1975
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 9552
FDIC's unique #: 15286
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: June 03, 1975
Last Structure Change Effective Date: Febuary 29, 1996
Last Structure Change Process Date: March 08, 1996
Last Data Update: March 08, 1996
Data Source Date: April 05, 2012
Location
Address: 400 South Main Street, London, KY 40741
County: Laurel
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Chicago
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): London, KY (#30940)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $102.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$38Total assets
$102,101Cash and due from depository institutions
$3,908Interest-bearing balances
$24Securities
$895Federal funds sold & reverse repurchase agreements
$28,240Net loans & leases
$59,398Loan loss allowance
$798Trading account assets
$0Bank premises and fixed assets
$2,339Other real estate owned
$179Goodwill and other intangibles
$809Life insurance assets
$6,333All other assets
$0Total liabilities and capital
$102,101Total liabilities
$87,182Total deposits
$83,433Interest-bearing deposits
$71,564Deposits held in domestic offices
83433.00%% insured (estimated)
$84Federal funds purchased & repurchase agreements
$2,502Trading liabilities
$0Other borrowed funds
$855Subordinated debt
$0All other liabilities
$392Total equity capital
$392Total bank equity capital
$14,919Perpetual preferred stock
$0Common stock
$1,000Surplus
$13,498Undivided profits
Memoranda
$421Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$306Income earned, not collected on loans
$686Earning assets
$88,557Long-term assets (5+ years)
$5,252Average Assets, year-to-date
$98,264Average Assets, quarterly
$101,980Volatile liabilities
$14,978Insider loans
$1,642FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,901Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,580Total risk weighted assets
$61,808Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$3,873Total interest expense
$1,719Net interest income
$2,154Provision for loan and lease losses
$125Total noninterest income
$191Fiduciary activities
$0Service charges on deposit accounts
$143Trading account gains & fees
$0Additional noninterest income
$48Total noninterest expense
$1,488Salaries and employee benefits
$636Premises and equipment expense
$274Additional noninterest expense
$578Pre-tax net operating income
$732Securities gains (losses)
$0Applicable income taxes
$317Income before extraordinary items
$415Extraordinary gains - net
$0Net income attributable to bank
$415Net charge-offs
$54Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
4.38%Cost of funding earning assets
1.94%Net interest margin
2.44%Noninterest income to earning assets
0.22%Noninterest expense to earning assets
1.68%Net operating income to assets
0.42%Return on assets (ROA)
0.42%Pretax return on assets
0.74%Return on equity (ROE)
3.94%Retained earnings to average equity (YTD only)
3.94%Net charge-offs to loans
0.09%Credit loss provision to net charge-offs
231.48%Efficiency ratio
54,115Assets per employee
2.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
260.78%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
0.51%Net loans and leases to deposits
71.19%Net loans and leases to core deposits
83.71%Equity capital to assets
14.61%Core capital (leverage) ratio
8.95%Tier 1 risk-based capital ratio
13.88%Total risk-based capital ratio
Memoranda
$15Average assets
$98,264Average earning assets
$10,540Average equity
$88,451Average loans

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