Bank of the Bluegrass and Trust Company in Lexington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of the Bluegrass and Trust Company - Overview

  • General
  • FDIC Certificate #: 21161
    Status: Active
    Federal Reserve ID: 1006513
    Bank Holding Company (Regulatory Top Holder): Bluegrass Bancshares, Inc. (RSSDID: 1244801, Location: Lexington, KY)
    Date Established: April 10, 1972
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 14629
    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: July 16, 1973
    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 High Street, Lexington, KY 40507
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $218.4 mil
    Equity capital: $28.4 mil
    Deposits held in domestic offices: $184.3 mil
    Return on assets (ROA): 0.72% ($1.6 mil)
    Quarterly return on assets: 0.80% ($1.7 mil)
    Return on Equity (ROE): 5.63% ($1.6 mil)
    Quarterly return on equity: 6.13% ($1.7 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.17% ($2,555.3 mil)
    Quarterly Pretax return on assets: 1.16% ($2,533.5 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
  • 56Total employees (full-time equivalent)
  • $218,403Total assets
  • $3,869Cash and due from depository institutions
  • $1,002Interest-bearing balances
  • $60,277Securities
  • $3,037Federal funds sold & reverse repurchase agreements
  • $146,238Net loans & leases
  • $3,302Loan loss allowance
  • $0Trading account assets
  • $912Bank premises and fixed assets
  • $101Other real estate owned
  • $0Goodwill and other intangibles
  • $218,403Life insurance assets
  • $3,969All other assets
  • $189,965Total liabilities and capital
  • $184,319Total liabilities
  • $163,626Total deposits
  • $184,319Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 490.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,000Trading liabilities
  • $0Other borrowed funds
  • $1,156Subordinated debt
  • $28,438All other liabilities
  • $28,438Total equity capital
  • $28,438Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $16,981Surplus
  • $11,057Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,359Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,927Income earned, not collected on loans
  • $0Earning assets
  • $692Long-term assets (5+ years)
  • $210,554Average Assets, year-to-date
  • $73,054Average Assets, quarterly
  • $215,981Volatile liabilities
  • $217,233Insider loans
  • $130,784FHLB advances
  • $217,213Loans and leases held for sale
  • $1,693Unused loan commitments
  • $1,693Tier 1 (core) risk-based capital
  • $27,777Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,959Restructured Loans and leases
  • $4,305Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,400Total interest income
  • $2,178Total interest expense
  • $8,222Net interest income
  • $1,540Provision for loan and lease losses
  • $2,068Total noninterest income
  • $645Fiduciary activities
  • $464Service charges on deposit accounts
  • $0Trading account gains & fees
  • $959Additional noninterest income
  • $6,591Total noninterest expense
  • $3,418Salaries and employee benefits
  • $479Premises and equipment expense
  • $2,694Additional noninterest expense
  • $2,159Pre-tax net operating income
  • $369Securities gains (losses)
  • $968Applicable income taxes
  • $1,560Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,560Net income attributable to bank
  • $0Net charge-offs
  • $1,560Cash dividends
  • $1,671Sale, conversion, retirement of capital stock, net
  • $640Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 3.96%Net interest margin
  • 1.00%Noninterest income to earning assets
  • 3.18%Noninterest expense to earning assets
  • 0.61%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 5.63%Return on equity (ROE)
  • 3.32%Retained earnings to average equity (YTD only)
  • 1.10%Net charge-offs to loans
  • 92.16%Credit loss provision to net charge-offs
  • 2.21%Efficiency ratio
  • 64,052Assets per employee
  • 3.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.03%Loss allowance to loans
  • 2.21%Loss allowance to noncurrent loans
  • 41.66%Noncurrent assets plus other real estate owned to assets
  • 3.68%Noncurrent loans to loans
  • 5.30%Net loans and leases to deposits
  • 79.34%Net loans and leases to core deposits
  • 80.45%Equity capital to assets
  • 13.02%Core capital (leverage) ratio
  • 12.79%Tier 1 risk-based capital ratio
  • 21.24%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $215,981Average earning assets
  • $27,732Average equity
  • $207,585Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $107,165Managed Assets
  • 1Number of Accounts
  • $96,974Personal trust and agency accounts
  • $40,619Employee benefit-defined contribution accounts
  • $3,030Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $8,392Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $44,933Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 201Number of Accounts
  • $0Personal trust and agency accounts
  • $8,392Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $10,191Other retirement accounts
  • $258Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $23Fiduciary accounts held in foreign offices

List of branches

  • 2 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014629Bank Of The Bluegrass And Trust Comp101 East High Street, Lexington, KY 40507April 10, 1972Full Service Brick and Mortar
    1429704Southland Branch215 Southland Drive, Lexington, KY 40503September 03, 2003Full Service Brick and Mortar

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