Bluegrass Community Bank in Danville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bluegrass Community Bank - Overview

  • General
  • FDIC Certificate #: 58848
    Status: Active
    Federal Reserve ID: 3897434
    Date Established: March 11, 2009
    WWW: http://www.bluegrasscommunitybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 470174
    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: March 11, 2009
    Last Structure Change Effective Date: March 11, 2009
    Last Structure Change Process Date: March 11, 2009
    Last Data Update: March 11, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 113 Smoky Way, Danville, KY 40422
    County: Boyle
    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
    Core Based Statistical Area (CBSA): Danville, KY (#19220)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Corrections
    Change in Geographic Region/Area/Territory/Field Office
    New Institution
  • Financial Summary
  • Total assets: $44.4 mil
    Equity capital: $5.9 mil
    Deposits held in domestic offices: $36.8 mil
    Return on assets (ROA): -1.01% (-$0.4 mil)
    Quarterly return on assets: -1.20% (-$0.5 mil)
    Return on Equity (ROE): -6.88% (-$0.4 mil)
    Quarterly return on equity: -8.87% (-$0.5 mil)
    Net income: -$0.4 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -1.01% (-$448.7 mil)
    Quarterly Pretax return on assets: -1.20% (-$533.1 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
  • 9Total employees (full-time equivalent)
  • $44,421Total assets
  • $2,018Cash and due from depository institutions
  • $1,008Interest-bearing balances
  • $9,040Securities
  • $1,911Federal funds sold & reverse repurchase agreements
  • $28,883Net loans & leases
  • $368Loan loss allowance
  • $0Trading account assets
  • $2,083Bank premises and fixed assets
  • $99Other real estate owned
  • $0Goodwill and other intangibles
  • $44,421Life insurance assets
  • $387All other assets
  • $38,527Total liabilities and capital
  • $36,781Total liabilities
  • $34,811Total deposits
  • $36,781Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 1000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $500Trading liabilities
  • $0Other borrowed funds
  • $246Subordinated debt
  • $5,894All other liabilities
  • $5,894Total equity capital
  • $5,894Total bank equity capital
  • $0Perpetual preferred stock
  • $904Common stock
  • $8,064Surplus
  • $-3,074Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $191Long-term assets (5+ years)
  • $40,842Average Assets, year-to-date
  • $8,248Average Assets, quarterly
  • $40,455Volatile liabilities
  • $43,389Insider loans
  • $29,476FHLB advances
  • $42,655Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,718Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,549Restructured Loans and leases
  • $2,348Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,799Total interest income
  • $582Total interest expense
  • $1,217Net interest income
  • $68Provision for loan and lease losses
  • $71Total noninterest income
  • $0Fiduciary activities
  • $65Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6Additional noninterest income
  • $1,627Total noninterest expense
  • $746Salaries and employee benefits
  • $232Premises and equipment expense
  • $649Additional noninterest expense
  • -$407Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$407Income before extraordinary items
  • $0Extraordinary gains - net
  • -$407Net income attributable to bank
  • $0Net charge-offs
  • -$407Cash dividends
  • $11Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.85%Yield on earning assets
  • 1.57%Cost of funding earning assets
  • 3.28%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 4.39%Noninterest expense to earning assets
  • -1.01%Net operating income to assets
  • -1.01%Return on assets (ROA)
  • -1.01%Pretax return on assets
  • -6.88%Return on equity (ROE)
  • -6.88%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 618.18%Credit loss provision to net charge-offs
  • -30.82%Efficiency ratio
  • 126,320Assets per employee
  • 4.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.22%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 78.53%Net loans and leases to core deposits
  • 81.36%Equity capital to assets
  • 13.27%Core capital (leverage) ratio
  • 13.41%Tier 1 risk-based capital ratio
  • 19.40%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $40,455Average earning assets
  • $5,918Average equity
  • $37,069Average loans

List of branches

  • 1 Kentucky Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0470174Bluegrass Community Bank113 Smoky Way, Danville, KY 40422March 11, 2009Full Service Brick and Mortar

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