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

This bank is inactive as of August 16, 1994

  • Bank of Fordsville in Fordsville, Kentucky (KY)
  • Show street view No street view available for this location

Bank of Fordsville - Overview

  • General
  • FDIC Certificate #: 305
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commonwealth Community Bank, Inc. (#8126)
    Federal Reserve ID: 1001246
    Date Established: October 01, 1906
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 244
    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: August 16, 1994
    Last Structure Change Process Date: August 16, 1994
    Last Data Update: August 16, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Fordsville, KY 42343
    County: Ohio
    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
  • Financial Summary
  • Total assets: $11.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $7Total assets
  • $11,566Cash and due from depository institutions
  • $1,147Interest-bearing balances
  • $496Securities
  • $5,476Federal funds sold & reverse repurchase agreements
  • $448Net loans & leases
  • $4,230Loan loss allowance
  • $260Trading account assets
  • $0Bank premises and fixed assets
  • $141Other real estate owned
  • $5Goodwill and other intangibles
  • $119Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $11,566Total liabilities
  • $10,378Total deposits
  • $10,352Interest-bearing deposits
  • $8,441Deposits held in domestic offices
  • 10352.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $26Total equity capital
  • $26Total bank equity capital
  • $1,188Perpetual preferred stock
  • $0Common stock
  • $51Surplus
  • $857Undivided profits
  • Memoranda
  • $280Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $53Income earned, not collected on loans
  • $63Earning assets
  • $10,650Long-term assets (5+ years)
  • $167Average Assets, year-to-date
  • $11,374Average Assets, quarterly
  • $11,453Volatile liabilities
  • $562Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $66Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,188Total risk weighted assets
  • $3,578Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $666Total interest expense
  • $257Net interest income
  • $409Provision for loan and lease losses
  • $6Total noninterest income
  • $55Fiduciary activities
  • $0Service charges on deposit accounts
  • $50Trading account gains & fees
  • $0Additional noninterest income
  • $5Total noninterest expense
  • $346Salaries and employee benefits
  • $157Premises and equipment expense
  • $45Additional noninterest expense
  • $144Pre-tax net operating income
  • $112Securities gains (losses)
  • $7Applicable income taxes
  • $0Income before extraordinary items
  • $119Extraordinary gains - net
  • $0Net income attributable to bank
  • $119Net charge-offs
  • $20Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.38%Cost of funding earning assets
  • 2.46%Net interest margin
  • 3.92%Noninterest income to earning assets
  • 0.53%Noninterest expense to earning assets
  • 3.31%Net operating income to assets
  • 0.98%Return on assets (ROA)
  • 1.05%Pretax return on assets
  • 1.05%Return on equity (ROE)
  • 10.52%Retained earnings to average equity (YTD only)
  • 10.52%Net charge-offs to loans
  • 0.42%Credit loss provision to net charge-offs
  • 30.00%Efficiency ratio
  • 74,569Assets per employee
  • 1.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.79%Loss allowance to noncurrent loans
  • 490.57%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 1.18%Net loans and leases to deposits
  • 40.86%Net loans and leases to core deposits
  • 43.21%Equity capital to assets
  • 10.27%Core capital (leverage) ratio
  • 10.34%Tier 1 risk-based capital ratio
  • 33.21%Total risk-based capital ratio
  • Memoranda
  • $35Average assets
  • $11,374Average earning assets
  • $1,131Average equity
  • $10,443Average loans

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