Blue Grass Federal Savings and Loan Association in Paris, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Blue Grass Federal Savings and Loan Association in Paris, Kentucky (KY)
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Blue Grass Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 31090
    Status: Active
    Federal Reserve ID: 617079
    Date Established: January 01, 1914
    WWW: http://www.bluegrassfederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 6361
    FDIC's unique #: 43924
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: November 10, 1959
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 High Street, Paris, KY 40361
    County: Bourbon
    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
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $41.9 mil
    Equity capital: $10.8 mil
    Deposits held in domestic offices: $31.1 mil
    Return on assets (ROA): 0.34% ($0.1 mil)
    Quarterly return on assets: 0.11% ($0.0 mil)
    Return on Equity (ROE): 1.31% ($0.1 mil)
    Quarterly return on equity: 0.44% ($0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.62% ($260.1 mil)
    Quarterly Pretax return on assets: 0.37% ($155.2 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
  • 8Total employees (full-time equivalent)
  • $41,946Total assets
  • $4,084Cash and due from depository institutions
  • $3,455Interest-bearing balances
  • $422Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $35,029Net loans & leases
  • $270Loan loss allowance
  • $0Trading account assets
  • $1,449Bank premises and fixed assets
  • $348Other real estate owned
  • $0Goodwill and other intangibles
  • $41,946Life insurance assets
  • $614All other assets
  • $31,129Total liabilities and capital
  • $31,070Total liabilities
  • $30,364Total deposits
  • $31,070Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $59Subordinated debt
  • $10,817All other liabilities
  • $10,817Total equity capital
  • $10,817Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $10,817Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $377Income earned, not collected on loans
  • $0Earning assets
  • $201Long-term assets (5+ years)
  • $38,906Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $41,269Volatile liabilities
  • $41,779Insider loans
  • $25,584FHLB advances
  • $41,946Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,817Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,001Restructured Loans and leases
  • $650Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,368Total interest income
  • $505Total interest expense
  • $1,863Net interest income
  • $241Provision for loan and lease losses
  • -$31Total noninterest income
  • $0Fiduciary activities
  • $6Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$37Additional noninterest income
  • $1,337Total noninterest expense
  • $848Salaries and employee benefits
  • $282Premises and equipment expense
  • $207Additional noninterest expense
  • $254Pre-tax net operating income
  • $0Securities gains (losses)
  • $113Applicable income taxes
  • $141Income before extraordinary items
  • $0Extraordinary gains - net
  • $141Net income attributable to bank
  • $0Net charge-offs
  • $141Cash dividends
  • $91Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.17%Yield on earning assets
  • 1.32%Cost of funding earning assets
  • 4.86%Net interest margin
  • -0.08%Noninterest income to earning assets
  • 3.48%Noninterest expense to earning assets
  • 0.34%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 1.31%Return on equity (ROE)
  • 1.31%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 264.84%Credit loss provision to net charge-offs
  • 5.44%Efficiency ratio
  • 72,980Assets per employee
  • 5.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 71.62%Noncurrent assets plus other real estate owned to assets
  • 1.73%Noncurrent loans to loans
  • 1.07%Net loans and leases to deposits
  • 112.74%Net loans and leases to core deposits
  • 116.36%Equity capital to assets
  • 25.79%Core capital (leverage) ratio
  • 25.79%Tier 1 risk-based capital ratio
  • 42.28%Total risk-based capital ratio
  • Memoranda
  • $43Average assets
  • $41,269Average earning assets
  • $10,750Average equity
  • $38,369Average loans

List of branches

  • 1 Kentucky Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043924Blue Grass Federal Savings And Loan600 High Street, Paris, KY 40361January 01, 1914Full Service Brick and Mortar

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