The State National Bank of Frankfort in Frankfort, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 22, 2004

  • The State National Bank of Frankfort in Frankfort, Kentucky (KY)
  • Show street view No street view available for this location

The State National Bank of Frankfort - Overview

  • General
  • FDIC Certificate #: 2743
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Whitaker Bank (#32912)
    Federal Reserve ID: 489940
    Date Established: August 12, 1889
    WWW: http://www.whitakerbank.com
    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 #: 12541
    FDIC's unique #: 1781
    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: May 22, 2004
    Last Structure Change Process Date: June 15, 2004
    Last Data Update: June 15, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 130 West Main Street, Frankfort, KY 40601
    County: Franklin
    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
    Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
    Core Based Statistical Area (CBSA): Frankfort, KY (#23180)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $119.8 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, 2003)

  • Dollar figures in thousands
  • 40Total employees (full-time equivalent)
  • $122,220Total assets
  • $3,937Cash and due from depository institutions
  • $0Interest-bearing balances
  • $63,878Securities
  • $4,950Federal funds sold & reverse repurchase agreements
  • $47,268Net loans & leases
  • $1,281Loan loss allowance
  • $0Trading account assets
  • $730Bank premises and fixed assets
  • $73Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,384All other assets
  • $122,220Total liabilities and capital
  • $113,881Total liabilities
  • $105,082Total deposits
  • $94,223Interest-bearing deposits
  • $105,082Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,810Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,619Other borrowed funds
  • $0Subordinated debt
  • $370All other liabilities
  • $8,339Total equity capital
  • $8,339Total bank equity capital
  • $8,339Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $500Undivided profits
  • Memoranda
  • $7,589Noncurrent loans and leases
  • $7,903Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $372Earning assets
  • $0Long-term assets (5+ years)
  • $753Average Assets, year-to-date
  • $116,096Average Assets, quarterly
  • $46,085Volatile liabilities
  • $123,371Insider loans
  • $122,857FHLB advances
  • $25,835Loans and leases held for sale
  • $1,549Unused loan commitments
  • $3,619Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,903Total unused commitments
  • $0Restructured Loans and leases
  • $798Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $6,137Total interest income
  • $1,918Total interest expense
  • $4,219Net interest income
  • $5Provision for loan and lease losses
  • $417Total noninterest income
  • $16Fiduciary activities
  • $318Service charges on deposit accounts
  • $0Trading account gains & fees
  • $83Additional noninterest income
  • $3,523Total noninterest expense
  • $1,563Salaries and employee benefits
  • $658Premises and equipment expense
  • $1,302Additional noninterest expense
  • $1,108Pre-tax net operating income
  • $25Securities gains (losses)
  • $233Applicable income taxes
  • $900Income before extraordinary items
  • -$42Extraordinary gains - net
  • $858Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $117Sale, conversion, retirement of capital stock, net
  • $925Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.21%Yield on earning assets
  • 1.63%Cost of funding earning assets
  • 3.58%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 2.99%Noninterest expense to earning assets
  • 0.71%Net operating income to assets
  • 0.70%Return on assets (ROA)
  • 0.88%Pretax return on assets
  • 9.60%Return on equity (ROE)
  • -0.75%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 4.27%Credit loss provision to net charge-offs
  • 9.51%Efficiency ratio
  • 75,992Assets per employee
  • 3.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 107.81%Loss allowance to loans
  • 2.64%Loss allowance to noncurrent loans
  • 344.35%Noncurrent assets plus other real estate owned to assets
  • 0.36%Noncurrent loans to loans
  • 0.77%Net loans and leases to deposits
  • 44.98%Net loans and leases to core deposits
  • 56.23%Equity capital to assets
  • 6.82%Core capital (leverage) ratio
  • 6.49%Tier 1 risk-based capital ratio
  • 12.52%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $123,371Average earning assets
  • $8,939Average equity
  • $117,878Average loans

Total Fiduciary and Related Assets (December 31, 2003)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $21,850Managed Assets
  • 1Number of Accounts
  • $21,850Personal trust and agency accounts
  • $9,759Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $558Corporate trust and agency accounts
  • $5,250Investment management agency accounts
  • $6,283Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 44Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The State National Bank of Frankfort.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents