Citizens Union Bank in Central City, Kentucky (KY)
Table of contents:
| Citizens Union Bank | |
|---|---|
| General | FDIC Certificate #: 5853 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: First State Bank (#2747) Federal Reserve ID: 719049 Date Established: January 01, 1921 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 3999 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: January 01, 1934 Last Structure Change Effective Date: July 07, 1994 Last Structure Change Process Date: July 21, 1994 Last Data Update: July 21, 1994 Data Source Date: April 05, 2012 |
| Location | Address: 409 South Second Street, Central City, KY 42330 County: Muhlenberg Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Hopkinsville Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast Core Based Statistical Area (CBSA): Central City, KY (#16420) CBSA Micro Statistical Area: Yes |
| Financial Summary | Total assets: $26.5 mil |
| Assets and Liabilities (December 31, 1993) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $13 |
| Cash and due from depository institutions | $26,648 |
| Interest-bearing balances | $1,311 |
| Securities | $0 |
| Federal funds sold & reverse repurchase agreements | $8,760 |
| Net loans & leases | $1,150 |
| Loan loss allowance | $14,650 |
| Trading account assets | $313 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $362 |
| Goodwill and other intangibles | $8 |
| All other assets | $0 |
| Life insurance assets | $407 |
| Total liabilities and capital | $0 |
| Total liabilities | $26,648 |
| Total deposits | $23,653 |
| Interest-bearing deposits | $23,398 |
| Deposits held in domestic offices | $19,106 |
| % insured (estimated) | 23398.00% |
| Federal funds purchased & repurchase agreements | $94 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $255 |
| Total bank equity capital | $255 |
| Perpetual preferred stock | $2,995 |
| Common stock | $0 |
| Surplus | $365 |
| Undivided profits | $635 |
| Memoranda | |
| Noncurrent loans and leases | $1,995 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $157 |
| Earning assets | $76 |
| Long-term assets (5+ years) | $24,560 |
| Average Assets, year-to-date | $739 |
| Average Assets, quarterly | $25,980 |
| Volatile liabilities | $26,507 |
| Insider loans | $1,671 |
| FHLB advances | $225 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $2,995 |
| Total unused commitments | $14,117 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1993) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $1,743 |
| Net interest income | $592 |
| Provision for loan and lease losses | $1,151 |
| Total noninterest income | $0 |
| Fiduciary activities | $184 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $94 |
| Additional noninterest income | $0 |
| Total noninterest expense | $90 |
| Salaries and employee benefits | $901 |
| Premises and equipment expense | $432 |
| Additional noninterest expense | $147 |
| Pre-tax net operating income | $322 |
| Securities gains (losses) | $434 |
| Applicable income taxes | $3 |
| Income before extraordinary items | $97 |
| Extraordinary gains - net | $340 |
| Net income attributable to bank | $109 |
| Net charge-offs | $449 |
| Cash dividends | $31 |
| Sale, conversion, retirement of capital stock, net | $219 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1993) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 7.26% |
| Net interest margin | 2.47% |
| Noninterest income to earning assets | 4.79% |
| Noninterest expense to earning assets | 0.77% |
| Net operating income to assets | 3.75% |
| Return on assets (ROA) | 1.30% |
| Pretax return on assets | 1.73% |
| Return on equity (ROE) | 2.10% |
| Retained earnings to average equity (YTD only) | 15.95% |
| Net charge-offs to loans | 8.17% |
| Credit loss provision to net charge-offs | 0.21% |
| Efficiency ratio | 0.00% |
| Assets per employee | $67,491 |
| Cash dividends to net income (YTD only) | 2.05% |
| Condition Ratios (%) | |
| Loss allowance to loans | 48.78% |
| Loss allowance to noncurrent loans | 2.09% |
| Noncurrent assets plus other real estate owned to assets | 199.36% |
| Noncurrent loans to loans | 0.62% |
| Net loans and leases to deposits | 1.05% |
| Net loans and leases to core deposits | 62.61% |
| Equity capital to assets | 67.43% |
| Core capital (leverage) ratio | 11.24% |
| Tier 1 risk-based capital ratio | 11.36% |
| Total risk-based capital ratio | 21.22% |
| Memoranda | |
| Average assets | $22 |
| Average earning assets | $25,980 |
| Average equity | $2,815 |
| Average loans | $24,014 |
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