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- Banks in Kentucky (KY)
- Alliance Bank
Alliance Bank in Somerset, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of October 02, 2000
- Alliance Bank in Somerset, Kentucky (KY)
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Alliance Bank - Overview
- General
- FDIC Certificate #: 30196
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Area Bank (#18478)
Federal Reserve ID: 875075
Date Established: January 01, 1935
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Interstate: No)
OTS Docket #: 4927
FDIC's unique #: 43030
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: May 10, 1943
Last Structure Change Effective Date: October 02, 2000
Last Structure Change Process Date: December 04, 2000
Last Data Update: December 04, 2000
Data Source Date: April 05, 2012 - Location
- Address: 124 North Main St, Somerset, KY 42501
County: Pulaski
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
Core Based Statistical Area (CBSA): Somerset, KY (#43700)
CBSA Micro Statistical Area: Yes - Financial Summary
- Total assets: $185.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
- 73Total employees (full-time equivalent)
- $195,368Total assets
- $8,389Cash and due from depository institutions
- $44Interest-bearing balances
- $37,011Securities
- $0Federal funds sold & reverse repurchase agreements
- $141,923Net loans & leases
- $1,861Loan loss allowance
- $0Trading account assets
- $4,822Bank premises and fixed assets
- $21Other real estate owned
- $898Goodwill and other intangibles
- $0Life insurance assets
- $2,304All other assets
- $195,368Total liabilities and capital
- $181,716Total liabilities
- $153,757Total deposits
- $140,257Interest-bearing deposits
- $153,757Deposits held in domestic offices
- 0.00%% insured (estimated)
- $12,257Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $15,000Other borrowed funds
- $0Subordinated debt
- $702All other liabilities
- $13,652Total equity capital
- $13,652Total bank equity capital
- $13,652Perpetual preferred stock
- $0Common stock
- $5,100Surplus
- $5,100Undivided profits
- Memoranda
- $3,452Noncurrent loans and leases
- $73,839Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $161Earning assets
- $0Long-term assets (5+ years)
- $891Average Assets, year-to-date
- $178,978Average Assets, quarterly
- $41,329Volatile liabilities
- $185,346Insider loans
- $189,764FHLB advances
- $23,887Loans and leases held for sale
- $4,253Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $73,839Total unused commitments
- $0Restructured Loans and leases
- $1,861Derivatives
Income and Expense (December 31, 1999)
- Dollar figures in thousands
- $14,100Total interest income
- $6,276Total interest expense
- $7,824Net interest income
- $0Provision for loan and lease losses
- $1,912Total noninterest income
- $0Fiduciary activities
- $766Service charges on deposit accounts
- $0Trading account gains & fees
- $1,146Additional noninterest income
- $5,833Total noninterest expense
- $2,755Salaries and employee benefits
- $772Premises and equipment expense
- $2,306Additional noninterest expense
- $3,903Pre-tax net operating income
- $0Securities gains (losses)
- $1,223Applicable income taxes
- $2,680Income before extraordinary items
- $0Extraordinary gains - net
- $2,680Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $29Sale, conversion, retirement of capital stock, net
- $3,352Net operating income
Performance and Condition Ratios (December 31, 1999)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 8.28%Yield on earning assets
- 3.69%Cost of funding earning assets
- 4.59%Net interest margin
- 1.12%Noninterest income to earning assets
- 3.43%Noninterest expense to earning assets
- 1.45%Net operating income to assets
- 1.45%Return on assets (ROA)
- 2.11%Pretax return on assets
- 19.19%Return on equity (ROE)
- -4.81%Retained earnings to average equity (YTD only)
- 0.02%Net charge-offs to loans
- 0.00%Credit loss provision to net charge-offs
- 134.59%Efficiency ratio
- 57,590Assets per employee
- 2.68%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 125.07%Loss allowance to loans
- 1.29%Loss allowance to noncurrent loans
- 1155.90%Noncurrent assets plus other real estate owned to assets
- 0.08%Noncurrent loans to loans
- 0.11%Net loans and leases to deposits
- 92.30%Net loans and leases to core deposits
- 99.86%Equity capital to assets
- 6.99%Core capital (leverage) ratio
- 7.28%Tier 1 risk-based capital ratio
- 8.44%Total risk-based capital ratio
- Memoranda
- $10Average assets
- $185,346Average earning assets
- $13,966Average equity
- $170,279Average loans
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- Banks in Kentucky (KY)
- Alliance Bank
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