Farmers Bank, National Association in Owensboro, Kentucky (KY)
Table of contents:
| Farmers Bank, National Association | |
|---|---|
| General | FDIC Certificate #: 12147 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Old National Bank (#4393) Federal Reserve ID: 550242 Date Established: January 01, 1900 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) OTS Docket #: 11096 FDIC's unique #: 7716 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 11, 1998 Last Structure Change Process Date: Febuary 03, 1999 Last Data Update: Febuary 03, 1999 Data Source Date: April 05, 2012 |
| Location | Address: 208 West Third Street, Owensboro, KY 42303 County: Daviess 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 Metropolitan Statistical Area (MSA): Owensboro, KY (#5990) Core Based Statistical Area (CBSA): Owensboro, KY (#36980) CBSA Metro Statistical Area: Owensboro, KY (#36980) |
| Financial Summary | Total assets: $223.9 mil |
| Assets and Liabilities (December 31, 1997) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 78 |
| Total assets | $223,006 |
| Cash and due from depository institutions | $5,996 |
| Interest-bearing balances | $7 |
| Securities | $38,005 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $172,566 |
| Loan loss allowance | $1,655 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $2,803 |
| Other real estate owned | $246 |
| Goodwill and other intangibles | $0 |
| All other assets | $3,390 |
| Life insurance assets | $0 |
| Total liabilities and capital | $223,006 |
| Total liabilities | $203,927 |
| Total deposits | $150,715 |
| Interest-bearing deposits | $129,493 |
| Deposits held in domestic offices | $150,715 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $28,570 |
| Trading liabilities | $0 |
| Other borrowed funds | $22,000 |
| Subordinated debt | $0 |
| All other liabilities | $2,642 |
| Total equity capital | $19,079 |
| Total bank equity capital | $19,079 |
| Perpetual preferred stock | $19,079 |
| Common stock | $0 |
| Surplus | $1,000 |
| Undivided profits | $10,640 |
| Memoranda | |
| Noncurrent loans and leases | $7,439 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $0 |
| Earning assets | $718 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $1,400 |
| Average Assets, quarterly | $210,578 |
| Volatile liabilities | $60,136 |
| Insider loans | $215,382 |
| FHLB advances | $219,003 |
| Loans and leases held for sale | $58,386 |
| Unused loan commitments | $1,149 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $22,505 |
| Restructured Loans and leases | $0 |
| Derivatives | $155,182 |
| Income and Expense (December 31, 1997) (Dollar figures in thousands) | |
| Total interest income | $17,333 |
| Total interest expense | $7,924 |
| Net interest income | $9,409 |
| Provision for loan and lease losses | $815 |
| Total noninterest income | $1,107 |
| Fiduciary activities | $32 |
| Service charges on deposit accounts | $554 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $521 |
| Total noninterest expense | $5,787 |
| Salaries and employee benefits | $2,841 |
| Premises and equipment expense | $543 |
| Additional noninterest expense | $2,403 |
| Pre-tax net operating income | $3,914 |
| Securities gains (losses) | $2 |
| Applicable income taxes | $1,230 |
| Income before extraordinary items | $2,686 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $2,686 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $478 |
| Net operating income | $3,029 |
| Performance and Condition Ratios (December 31, 1997) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 8.55% |
| Cost of funding earning assets | 3.91% |
| Net interest margin | 4.64% |
| Noninterest income to earning assets | 0.55% |
| Noninterest expense to earning assets | 2.86% |
| Net operating income to assets | 1.25% |
| Return on assets (ROA) | 1.25% |
| Pretax return on assets | 1.82% |
| Return on equity (ROE) | 14.09% |
| Retained earnings to average equity (YTD only) | -1.80% |
| Net charge-offs to loans | 0.29% |
| Credit loss provision to net charge-offs | 170.50% |
| Efficiency ratio | 9.89% |
| Assets per employee | $55,030 |
| Cash dividends to net income (YTD only) | 2.86% |
| Condition Ratios (%) | |
| Loss allowance to loans | 112.77% |
| Loss allowance to noncurrent loans | 0.95% |
| Noncurrent assets plus other real estate owned to assets | 230.50% |
| Noncurrent loans to loans | 0.43% |
| Net loans and leases to deposits | 0.41% |
| Net loans and leases to core deposits | 114.50% |
| Equity capital to assets | 133.88% |
| Core capital (leverage) ratio | 8.56% |
| Tier 1 risk-based capital ratio | 8.52% |
| Total risk-based capital ratio | 12.06% |
| Memoranda | |
| Average assets | $13 |
| Average earning assets | $215,382 |
| Average equity | $19,069 |
| Average loans | $202,639 |
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