Bank of Lexington, Inc. in Lexington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Lexington, Inc. - Overview

  • General
  • FDIC Certificate #: 58164
    Status: Active
    Federal Reserve ID: 3410141
    Bank Holding Company (Regulatory Top Holder): Bancorp Of Lexington Inc. (RSSDID: 3825062, Location: Lexington, KY)
    Date Established: Febuary 06, 2006
    WWW: http://www.bankoflexington.net
    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 #: 441082
    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: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 06, 2006
    Last Structure Change Effective Date: January 30, 2007
    Last Structure Change Process Date: Febuary 02, 2007
    Last Data Update: Febuary 02, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 761 Corporate Drive, Lexington, KY 40503
    County: Fayette
    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): Lexington, KY (#4280)
    Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
    Core Based Statistical Area (CBSA): Lexington-Fayette, KY (#30460)
    CBSA Metro Statistical Area: Lexington-Fayette, KY (#30460)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $166.8 mil
    Equity capital: $17.3 mil
    Deposits held in domestic offices: $135.6 mil
    Return on assets (ROA): 0.69% ($1.2 mil)
    Quarterly return on assets: 0.80% ($1.3 mil)
    Return on Equity (ROE): 6.45% ($1.1 mil)
    Quarterly return on equity: 7.71% ($1.3 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.03% ($1,717.6 mil)
    Quarterly Pretax return on assets: 1.21% ($2,017.8 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
  • 35Total employees (full-time equivalent)
  • $166,757Total assets
  • $8,352Cash and due from depository institutions
  • $90Interest-bearing balances
  • $16,173Securities
  • $6,105Federal funds sold & reverse repurchase agreements
  • $131,925Net loans & leases
  • $1,797Loan loss allowance
  • $0Trading account assets
  • $1,863Bank premises and fixed assets
  • $425Other real estate owned
  • $0Goodwill and other intangibles
  • $166,757Life insurance assets
  • $1,914All other assets
  • $149,438Total liabilities and capital
  • $135,552Total liabilities
  • $122,821Total deposits
  • $135,552Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 47.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,036Trading liabilities
  • $0Other borrowed funds
  • $803Subordinated debt
  • $17,319All other liabilities
  • $17,319Total equity capital
  • $17,319Total bank equity capital
  • $0Perpetual preferred stock
  • $1,491Common stock
  • $14,433Surplus
  • $1,395Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $496Income earned, not collected on loans
  • $0Earning assets
  • $573Long-term assets (5+ years)
  • $154,293Average Assets, year-to-date
  • $12,444Average Assets, quarterly
  • $155,129Volatile liabilities
  • $164,867Insider loans
  • $119,054FHLB advances
  • $163,971Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,251Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,296Restructured Loans and leases
  • $10,067Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,962Total interest income
  • $1,762Total interest expense
  • $6,200Net interest income
  • $505Provision for loan and lease losses
  • $323Total noninterest income
  • $0Fiduciary activities
  • $64Service charges on deposit accounts
  • $0Trading account gains & fees
  • $259Additional noninterest income
  • $4,571Total noninterest expense
  • $2,673Salaries and employee benefits
  • $631Premises and equipment expense
  • $1,267Additional noninterest expense
  • $1,447Pre-tax net operating income
  • $157Securities gains (losses)
  • $539Applicable income taxes
  • $1,065Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,065Net income attributable to bank
  • $0Net charge-offs
  • $1,065Cash dividends
  • $122Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.65%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 4.40%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 3.25%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 1.03%Pretax return on assets
  • 6.45%Return on equity (ROE)
  • 6.45%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 413.93%Credit loss provision to net charge-offs
  • 16.00%Efficiency ratio
  • 70,075Assets per employee
  • 4.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 362.30%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 97.32%Net loans and leases to core deposits
  • 105.34%Equity capital to assets
  • 10.39%Core capital (leverage) ratio
  • 10.52%Tier 1 risk-based capital ratio
  • 14.49%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $155,129Average earning assets
  • $16,519Average equity
  • $140,860Average loans

List of branches

  • 2 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0441082Bank Of Lexington, Inc.761 Corporate Drive, Lexington, KY 40503Febuary 06, 2006Full Service Brick and Mortar
    2509810Polo Club Branch6409 Polo Club Lane, Lexington, KY 40509August 31, 2009Full Service Brick and Mortar

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