Bank of Clarkson in Clarkson, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Clarkson - Overview

  • General
  • FDIC Certificate #: 13167
    Status: Active
    Federal Reserve ID: 720344
    Bank Holding Company (Regulatory Top Holder): First Breckinridge Bancshares, Inc. (RSSDID: 1119404, Location: Irvington, KY)
    Date Established: January 01, 1904
    WWW: http://www.bankofclarkson.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15829
    FDIC's unique #: 8330
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 East Main Street, Clarkson, KY 42726
    County: Grayson
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Elizabethtown
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $118.2 mil
    Equity capital: $12.6 mil
    Deposits held in domestic offices: $105.2 mil
    Return on assets (ROA): 1.21% ($1.4 mil)
    Quarterly return on assets: 0.27% ($0.3 mil)
    Return on Equity (ROE): 11.34% ($1.5 mil)
    Quarterly return on equity: 2.52% ($0.3 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.80% ($2,127.4 mil)
    Quarterly Pretax return on assets: 0.47% ($555.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 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, 2011)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $118,190Total assets
  • $4,355Cash and due from depository institutions
  • $176Interest-bearing balances
  • $36,754Securities
  • $11,900Federal funds sold & reverse repurchase agreements
  • $62,160Net loans & leases
  • $425Loan loss allowance
  • $0Trading account assets
  • $1,621Bank premises and fixed assets
  • $157Other real estate owned
  • $0Goodwill and other intangibles
  • $118,190Life insurance assets
  • $1,243All other assets
  • $105,624Total liabilities and capital
  • $105,161Total liabilities
  • $71,198Total deposits
  • $105,161Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $118Trading liabilities
  • $0Other borrowed funds
  • $345Subordinated debt
  • $12,566All other liabilities
  • $12,566Total equity capital
  • $12,566Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $6,850Surplus
  • $5,466Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $979Income earned, not collected on loans
  • $0Earning assets
  • $686Long-term assets (5+ years)
  • $110,990Average Assets, year-to-date
  • $15,715Average Assets, quarterly
  • $118,616Volatile liabilities
  • $118,198Insider loans
  • $52,792FHLB advances
  • $117,032Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,444Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $993Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,462Total interest income
  • $942Total interest expense
  • $4,520Net interest income
  • $132Provision for loan and lease losses
  • $913Total noninterest income
  • $0Fiduciary activities
  • $705Service charges on deposit accounts
  • $0Trading account gains & fees
  • $208Additional noninterest income
  • $3,171Total noninterest expense
  • $1,407Salaries and employee benefits
  • $754Premises and equipment expense
  • $1,010Additional noninterest expense
  • $2,130Pre-tax net operating income
  • $0Securities gains (losses)
  • $698Applicable income taxes
  • $1,432Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,432Net income attributable to bank
  • $0Net charge-offs
  • $1,432Cash dividends
  • $118Sale, conversion, retirement of capital stock, net
  • $1,200Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.88%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 4.04%Net interest margin
  • 0.82%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 1.21%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.80%Pretax return on assets
  • 11.34%Return on equity (ROE)
  • 1.84%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 111.86%Credit loss provision to net charge-offs
  • 19.17%Efficiency ratio
  • 58,366Assets per employee
  • 4.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 83.80%Loss allowance to loans
  • 0.68%Loss allowance to noncurrent loans
  • 43.41%Noncurrent assets plus other real estate owned to assets
  • 0.96%Noncurrent loans to loans
  • 1.56%Net loans and leases to deposits
  • 59.11%Net loans and leases to core deposits
  • 59.90%Equity capital to assets
  • 10.63%Core capital (leverage) ratio
  • 10.63%Tier 1 risk-based capital ratio
  • 23.57%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $118,616Average earning assets
  • $12,629Average equity
  • $111,881Average loans

List of branches

  • 2 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08330Bank Of Clarkson101 East Main Street, Clarkson, KY 42726January 01, 1904Full Service Brick and Mortar
    3418584Main Street Leitchfield Branch417 South Main Street, Leitchfield, KY 42754March 10, 2003Full Service Brick and Mortar

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