Farmers Bank and Trust Company of Madisonville in Madisonville, Kentucky (KY)
Table of contents:
| Farmers Bank and Trust Company of Madisonville | |
|---|---|
| General | FDIC Certificate #: 2758 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Old National Bank (#4393) Federal Reserve ID: 257242 Date Established: September 08, 1906 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 11197 FDIC's unique #: 1795 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: October 07, 1999 Last Structure Change Process Date: November 03, 1999 Last Data Update: November 03, 1999 Data Source Date: April 05, 2012 |
| Location | Address: 77 North Main Street, Madisonville, KY 42431 County: Hopkins 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): Madisonville, KY (#31580) CBSA Micro Statistical Area: Yes |
| Financial Summary | Total assets: $194.8 mil |
| Assets and Liabilities (December 31, 1998) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 70 |
| Total assets | $200,017 |
| Cash and due from depository institutions | $1,949 |
| Interest-bearing balances | $6 |
| Securities | $61,197 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $132,844 |
| Loan loss allowance | $1,621 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $2,504 |
| Other real estate owned | $253 |
| Goodwill and other intangibles | $0 |
| All other assets | $1,270 |
| Life insurance assets | $0 |
| Total liabilities and capital | $200,017 |
| Total liabilities | $182,129 |
| Total deposits | $133,597 |
| Interest-bearing deposits | $116,261 |
| Deposits held in domestic offices | $133,597 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $21,247 |
| Trading liabilities | $0 |
| Other borrowed funds | $24,084 |
| Subordinated debt | $0 |
| All other liabilities | $3,201 |
| Total equity capital | $17,888 |
| Total bank equity capital | $17,888 |
| Perpetual preferred stock | $17,888 |
| Common stock | $0 |
| Surplus | $1,000 |
| Undivided profits | $10,000 |
| Memoranda | |
| Noncurrent loans and leases | $6,888 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $0 |
| Earning assets | $1,107 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $531 |
| Average Assets, quarterly | $194,047 |
| Volatile liabilities | $69,607 |
| Insider loans | $199,226 |
| FHLB advances | $201,507 |
| Loans and leases held for sale | $49,085 |
| Unused loan commitments | $3,457 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $6,188 |
| Restructured Loans and leases | $0 |
| Derivatives | $125,248 |
| Income and Expense (December 31, 1998) (Dollar figures in thousands) | |
| Total interest income | $15,330 |
| Total interest expense | $7,491 |
| Net interest income | $7,839 |
| Provision for loan and lease losses | $480 |
| Total noninterest income | $1,542 |
| Fiduciary activities | $139 |
| Service charges on deposit accounts | $593 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $810 |
| Total noninterest expense | $5,278 |
| Salaries and employee benefits | $2,617 |
| Premises and equipment expense | $760 |
| Additional noninterest expense | $1,901 |
| Pre-tax net operating income | $3,623 |
| Securities gains (losses) | $1 |
| Applicable income taxes | $1,038 |
| Income before extraordinary items | $2,586 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $2,586 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $364 |
| Net operating income | $3,081 |
| Performance and Condition Ratios (December 31, 1998) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 7.97% |
| Cost of funding earning assets | 3.89% |
| Net interest margin | 4.08% |
| Noninterest income to earning assets | 0.80% |
| Noninterest expense to earning assets | 2.74% |
| Net operating income to assets | 1.30% |
| Return on assets (ROA) | 1.30% |
| Pretax return on assets | 1.82% |
| Return on equity (ROE) | 14.50% |
| Retained earnings to average equity (YTD only) | -2.78% |
| Net charge-offs to loans | 0.27% |
| Credit loss provision to net charge-offs | 131.87% |
| Efficiency ratio | 11.27% |
| Assets per employee | $56,263 |
| Cash dividends to net income (YTD only) | 2.86% |
| Condition Ratios (%) | |
| Loss allowance to loans | 119.14% |
| Loss allowance to noncurrent loans | 1.21% |
| Noncurrent assets plus other real estate owned to assets | 146.43% |
| Noncurrent loans to loans | 0.68% |
| Net loans and leases to deposits | 0.82% |
| Net loans and leases to core deposits | 99.44% |
| Equity capital to assets | 118.87% |
| Core capital (leverage) ratio | 8.94% |
| Tier 1 risk-based capital ratio | 8.38% |
| Total risk-based capital ratio | 13.67% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $199,226 |
| Average equity | $17,837 |
| Average loans | $192,336 |
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