FDIC Certificate #: 34151 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Traditional Bank, Inc. (#2711) Federal Reserve ID: 2392857 Date Established: April 01, 1996 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 13668 FDIC's unique #: 56296 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) Insured commercial Banks: Yes FDIC Insured: Yes SAIF Insured: Yes State Chartered: Yes Date of Deposit Insurance: April 01, 1996 Last Structure Change Effective Date: October 02, 2000 Last Structure Change Process Date: December 22, 2000 Last Data Update: December 22, 2000 Data Source Date: April 05, 2012
Location
Address: 3720 Palomar Centre Drive, Lexington, KY 40507 County: Fayette Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Dallas FDIC Field Office: Lexington Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Lexington, KY (#4280) Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336) Core Based Statistical Area (CBSA): Lexington-Fayette, KY (#30460) CBSA Metro Statistical Area: Lexington-Fayette, KY (#30460)
Financial Summary
Total assets: $94.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
21Total employees (full-time equivalent)
$72,710Total assets
$16,217Cash and due from depository institutions
$12,676Interest-bearing balances
$1,864Securities
$0Federal funds sold & reverse repurchase agreements
$53,243Net loans & leases
$453Loan loss allowance
$0Trading account assets
$502Bank premises and fixed assets
$366Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$518All other assets
$72,710Total liabilities and capital
$68,547Total liabilities
$60,832Total deposits
$52,601Interest-bearing deposits
$60,832Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,258Other borrowed funds
$0Subordinated debt
$457All other liabilities
$4,163Total equity capital
$4,163Total bank equity capital
$4,163Perpetual preferred stock
$0Common stock
$3,000Surplus
$1,550Undivided profits
Memoranda
$-387Noncurrent loans and leases
$7,761Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$305Average Assets, year-to-date
$67,783Average Assets, quarterly
$7,327Volatile liabilities
$58,470Insider loans
$69,023FHLB advances
$19,478Loans and leases held for sale
$820Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,761Total unused commitments
$0Restructured Loans and leases
$453Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$4,123Total interest income
$2,424Total interest expense
$1,699Net interest income
$240Provision for loan and lease losses
$432Total noninterest income
$0Fiduciary activities
$135Service charges on deposit accounts
$0Trading account gains & fees
$297Additional noninterest income
$1,691Total noninterest expense
$765Salaries and employee benefits
$304Premises and equipment expense
$622Additional noninterest expense
$200Pre-tax net operating income
$0Securities gains (losses)
$68Applicable income taxes
$132Income before extraordinary items
$0Extraordinary gains - net
$132Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$103Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.52%Yield on earning assets
4.42%Cost of funding earning assets
3.10%Net interest margin
0.79%Noninterest income to earning assets
3.09%Noninterest expense to earning assets
0.23%Net operating income to assets
0.23%Return on assets (ROA)
0.34%Pretax return on assets
3.67%Return on equity (ROE)
3.67%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
233.01%Credit loss provision to net charge-offs
4.27%Efficiency ratio
79,352Assets per employee
3.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.84%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.50%Noncurrent loans to loans
0.00%Net loans and leases to deposits
87.52%Net loans and leases to core deposits
115.04%Equity capital to assets
5.73%Core capital (leverage) ratio
6.13%Tier 1 risk-based capital ratio
8.40%Total risk-based capital ratio
Memoranda
$9Average assets
$58,470Average earning assets
$3,595Average equity
$54,794Average loans
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 Traditional Bank of Kentucky, Inc..
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.
Comment about this bank, ask questions, or add new information about it: