The Provident Bank of Kentucky in Alexandria, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 21, 1998

  • The Provident Bank of Kentucky in Alexandria, Kentucky (KY)
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The Provident Bank of Kentucky - Overview

  • General
  • FDIC Certificate #: 12870
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Provident Bank (#744)
    Federal Reserve ID: 943518
    Date Established: January 01, 1902
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 9 (Interstate: No)
    OTS Docket #: 11437
    FDIC's unique #: 8149
    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: March 21, 1998
    Last Structure Change Process Date: April 08, 1998
    Last Data Update: April 08, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: Us 27 And Main Street, Alexandria, KY 40001
    County: Campbell
    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: $259.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $259,312Total assets
  • $6,003Cash and due from depository institutions
  • $219Interest-bearing balances
  • $26,642Securities
  • $83,214Federal funds sold & reverse repurchase agreements
  • $137,848Net loans & leases
  • $1,630Loan loss allowance
  • $0Trading account assets
  • $2,188Bank premises and fixed assets
  • $120Other real estate owned
  • $698Goodwill and other intangibles
  • $0Life insurance assets
  • $2,599All other assets
  • $259,312Total liabilities and capital
  • $229,835Total liabilities
  • $208,796Total deposits
  • $192,811Interest-bearing deposits
  • $208,796Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,482Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $16,557All other liabilities
  • $29,477Total equity capital
  • $29,477Total bank equity capital
  • $29,477Perpetual preferred stock
  • $0Common stock
  • $1,725Surplus
  • $10,576Undivided profits
  • Memoranda
  • $17,176Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $610Earning assets
  • $0Long-term assets (5+ years)
  • $818Average Assets, year-to-date
  • $247,923Average Assets, quarterly
  • $14,401Volatile liabilities
  • $257,372Insider loans
  • $255,275FHLB advances
  • $19,866Loans and leases held for sale
  • $4,933Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $20,612Total unused commitments
  • $0Restructured Loans and leases
  • $171,946Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $19,964Total interest income
  • $10,301Total interest expense
  • $9,663Net interest income
  • $2,150Provision for loan and lease losses
  • $2,332Total noninterest income
  • $0Fiduciary activities
  • $1,384Service charges on deposit accounts
  • $0Trading account gains & fees
  • $948Additional noninterest income
  • $5,513Total noninterest expense
  • $2,281Salaries and employee benefits
  • $751Premises and equipment expense
  • $2,481Additional noninterest expense
  • $4,332Pre-tax net operating income
  • $121Securities gains (losses)
  • $1,564Applicable income taxes
  • $2,889Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,889Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,466Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.26%Yield on earning assets
  • 4.26%Cost of funding earning assets
  • 4.00%Net interest margin
  • 0.96%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • 1.09%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.73%Pretax return on assets
  • 10.32%Return on equity (ROE)
  • 10.32%Retained earnings to average equity (YTD only)
  • 1.54%Net charge-offs to loans
  • 87.19%Credit loss provision to net charge-offs
  • 2.63%Efficiency ratio
  • 43,818Assets per employee
  • 4.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 267.21%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 66.02%Net loans and leases to core deposits
  • 71.27%Equity capital to assets
  • 11.37%Core capital (leverage) ratio
  • 10.82%Tier 1 risk-based capital ratio
  • 16.81%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $257,372Average earning assets
  • $28,003Average equity
  • $241,801Average loans

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