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


Bank of Hindman - Overview

  • General
  • FDIC Certificate #: 289
    Status: Active
    Federal Reserve ID: 763211
    Bank Holding Company (Regulatory Top Holder): Community Exchange Bancshares Inc. (RSSDID: 3923306, Location: Hindman, KY)
    Date Established: January 01, 1903
    WWW: http://www.bankofhindman.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 233
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 18, 2011
    Last Structure Change Process Date: April 19, 2011
    Last Data Update: April 19, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 39 W Main St, Hindman, KY 41822
    County: Knott
    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
  • Financial Summary
  • Total assets: $172.1 mil
    Equity capital: $25.0 mil
    Deposits held in domestic offices: $142.6 mil
    Return on assets (ROA): 0.72% ($1.2 mil)
    Quarterly return on assets: 0.65% ($1.1 mil)
    Return on Equity (ROE): 5.15% ($1.3 mil)
    Quarterly return on equity: 4.50% ($1.1 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.91% ($1,565.9 mil)
    Quarterly Pretax return on assets: 0.91% ($1,565.9 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)
  • $172,078Total assets
  • $4,882Cash and due from depository institutions
  • $0Interest-bearing balances
  • $103,622Securities
  • $449Federal funds sold & reverse repurchase agreements
  • $51,273Net loans & leases
  • $536Loan loss allowance
  • $0Trading account assets
  • $2,047Bank premises and fixed assets
  • $166Other real estate owned
  • $7,623Goodwill and other intangibles
  • $172,078Life insurance assets
  • $2,016All other assets
  • $147,044Total liabilities and capital
  • $142,626Total liabilities
  • $117,232Total deposits
  • $142,626Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 2263.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,155Subordinated debt
  • $25,034All other liabilities
  • $25,034Total equity capital
  • $25,034Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $21,394Surplus
  • $3,040Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $627Income earned, not collected on loans
  • $0Earning assets
  • $771Long-term assets (5+ years)
  • $155,344Average Assets, year-to-date
  • $112,238Average Assets, quarterly
  • $171,649Volatile liabilities
  • $172,616Insider loans
  • $84,312FHLB advances
  • $165,394Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,861Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,455Restructured Loans and leases
  • $2,820Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,094Total interest income
  • $1,623Total interest expense
  • $4,471Net interest income
  • $230Provision for loan and lease losses
  • $482Total noninterest income
  • $0Fiduciary activities
  • $220Service charges on deposit accounts
  • $0Trading account gains & fees
  • $262Additional noninterest income
  • $3,155Total noninterest expense
  • $1,541Salaries and employee benefits
  • $173Premises and equipment expense
  • $1,441Additional noninterest expense
  • $1,568Pre-tax net operating income
  • $0Securities gains (losses)
  • $324Applicable income taxes
  • $1,244Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,244Net income attributable to bank
  • $0Net charge-offs
  • $1,244Cash dividends
  • $40Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.94%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 2.89%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 2.04%Noninterest expense to earning assets
  • 0.72%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 5.15%Return on equity (ROE)
  • 5.15%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 575.00%Credit loss provision to net charge-offs
  • 44.95%Efficiency ratio
  • 58,490Assets per employee
  • 6.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 85.49%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 1.21%Net loans and leases to deposits
  • 35.95%Net loans and leases to core deposits
  • 38.39%Equity capital to assets
  • 14.55%Core capital (leverage) ratio
  • 10.80%Tier 1 risk-based capital ratio
  • 21.18%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $171,649Average earning assets
  • $24,163Average equity
  • $154,654Average loans

List of branches

  • 2 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0233Bank Of Hindman39 W Main St, Hindman, KY 41822January 01, 1903Full Service Brick and Mortar
    1181467Hindman Branch340 Highway 899, Hindman, KY 41822November 08, 1983Full Service Brick and Mortar

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