Kentucky Bank & Trust in Ashland, Kentucky (KY)
Table of contents:
| Kentucky Bank & Trust | |
|---|---|
| General | FDIC Certificate #: 22437 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Peoples Bank, National Association (#6544) Federal Reserve ID: 998116 Date Established: March 28, 1977 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 12156 FDIC's unique #: 15636 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: March 28, 1977 Last Structure Change Effective Date: May 09, 2003 Last Structure Change Process Date: May 21, 2003 Last Data Update: May 21, 2003 Data Source Date: April 05, 2012 |
| Location | Address: 1999 Winchester Avenue, Ashland, KY 41105 County: Boyd 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 Metropolitan Statistical Area (MSA): Huntington-Ashland, WV-KY-OH (#3400) Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580) CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580) |
| Financial Summary | Total assets: $143.6 mil |
| Assets and Liabilities (December 31, 2002) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 41 |
| Total assets | $126,742 |
| Cash and due from depository institutions | $3,797 |
| Interest-bearing balances | $200 |
| Securities | $35,975 |
| Federal funds sold & reverse repurchase agreements | $3,055 |
| Net loans & leases | $77,013 |
| Loan loss allowance | $612 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $4,874 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $2,028 |
| Life insurance assets | $0 |
| Total liabilities and capital | $126,742 |
| Total liabilities | $110,073 |
| Total deposits | $98,710 |
| Interest-bearing deposits | $83,122 |
| Deposits held in domestic offices | $98,710 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $6,836 |
| Trading liabilities | $0 |
| Other borrowed funds | $3,221 |
| Subordinated debt | $0 |
| All other liabilities | $1,306 |
| Total equity capital | $16,669 |
| Total bank equity capital | $16,669 |
| Perpetual preferred stock | $16,669 |
| Common stock | $0 |
| Surplus | $5,919 |
| Undivided profits | $10,309 |
| Memoranda | |
| Noncurrent loans and leases | $441 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $6,899 |
| Income earned, not collected on loans | $0 |
| Earning assets | $215 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $643 |
| Average Assets, quarterly | $116,243 |
| Volatile liabilities | $11,392 |
| Insider loans | $127,331 |
| FHLB advances | $126,963 |
| Loans and leases held for sale | $25,004 |
| Unused loan commitments | $9,286 |
| Tier 1 (core) risk-based capital | $2,762 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $6,899 |
| Restructured Loans and leases | $0 |
| Derivatives | $612 |
| Income and Expense (December 31, 2002) (Dollar figures in thousands) | |
| Total interest income | $6,775 |
| Total interest expense | $2,736 |
| Net interest income | $4,039 |
| Provision for loan and lease losses | $22 |
| Total noninterest income | $2,360 |
| Fiduciary activities | $1,573 |
| Service charges on deposit accounts | $400 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $387 |
| Total noninterest expense | $4,778 |
| Salaries and employee benefits | $2,967 |
| Premises and equipment expense | $661 |
| Additional noninterest expense | $1,150 |
| Pre-tax net operating income | $1,599 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $507 |
| Income before extraordinary items | $1,092 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $1,092 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | -$1 |
| Net operating income | $887 |
| Performance and Condition Ratios (December 31, 2002) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.86% |
| Cost of funding earning assets | 2.37% |
| Net interest margin | 3.49% |
| Noninterest income to earning assets | 2.04% |
| Noninterest expense to earning assets | 4.13% |
| Net operating income to assets | 0.86% |
| Return on assets (ROA) | 0.86% |
| Pretax return on assets | 1.26% |
| Return on equity (ROE) | 6.44% |
| Retained earnings to average equity (YTD only) | 1.21% |
| Net charge-offs to loans | -0.00% |
| Credit loss provision to net charge-offs | -2200.00% |
| Efficiency ratio | 0.00% |
| Assets per employee | $74,668 |
| Cash dividends to net income (YTD only) | 3.09% |
| Condition Ratios (%) | |
| Loss allowance to loans | 81.23% |
| Loss allowance to noncurrent loans | 0.79% |
| Noncurrent assets plus other real estate owned to assets | 284.65% |
| Noncurrent loans to loans | 0.17% |
| Net loans and leases to deposits | 0.28% |
| Net loans and leases to core deposits | 78.02% |
| Equity capital to assets | 95.08% |
| Core capital (leverage) ratio | 13.15% |
| Tier 1 risk-based capital ratio | 12.81% |
| Total risk-based capital ratio | 20.07% |
| Memoranda | |
| Average assets | $21 |
| Average earning assets | $127,331 |
| Average equity | $16,946 |
| Average loans | $115,675 |
| Total Fiduciary and Related Assets (December 31, 2002) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $197,139 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $189,385 |
| Employee benefit-defined contribution accounts | $49,132 |
| Employee benefit-defined benefit accounts | $79,460 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $11,494 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $49,299 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 334 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $7,754 |
| Corporate trust and agency accounts | $37 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $550 |
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