Boone National Bank in Burlington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2007

  • Boone National Bank in Burlington, Kentucky (KY)
  • Show street view No street view available for this location

Boone National Bank - Overview

  • General
  • FDIC Certificate #: 57090
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FORCHT BANK, NATIONAL ASSOCIATION (#57415)
    Federal Reserve ID: 3021435
    Date Established: April 30, 2001
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 357220
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: April 30, 2001
    Last Structure Change Effective Date: December 31, 2007
    Last Structure Change Process Date: January 15, 2008
    Last Data Update: January 15, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: Highway 18, 6100 First Financial Plaza, Burlington, KY 41005
    County: Boone
    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): Cincinnati, OH-KY-IN (#1640)
    Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21)
    Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178)
    Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140)
    CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
  • Financial Summary
  • Total assets: $59.6 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, 2006)

  • Dollar figures in thousands
  • 24Total employees (full-time equivalent)
  • $54,579Total assets
  • $1,399Cash and due from depository institutions
  • $55Interest-bearing balances
  • $6,278Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $41,556Net loans & leases
  • $484Loan loss allowance
  • $0Trading account assets
  • $4,562Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $784All other assets
  • $54,579Total liabilities and capital
  • $49,980Total liabilities
  • $44,206Total deposits
  • $40,320Interest-bearing deposits
  • $44,206Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,645Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,500Other borrowed funds
  • $0Subordinated debt
  • $629All other liabilities
  • $4,599Total equity capital
  • $4,599Total bank equity capital
  • $4,599Perpetual preferred stock
  • $0Common stock
  • $3,300Surplus
  • $3,300Undivided profits
  • Memoranda
  • $-2,001Noncurrent loans and leases
  • $5,385Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $49Earning assets
  • $0Long-term assets (5+ years)
  • $264Average Assets, year-to-date
  • $47,889Average Assets, quarterly
  • $14,552Volatile liabilities
  • $47,846Insider loans
  • $52,092FHLB advances
  • $10,016Loans and leases held for sale
  • $1,628Unused loan commitments
  • $3,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,385Total unused commitments
  • $0Restructured Loans and leases
  • $484Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $2,926Total interest income
  • $1,582Total interest expense
  • $1,344Net interest income
  • $125Provision for loan and lease losses
  • $470Total noninterest income
  • $0Fiduciary activities
  • $347Service charges on deposit accounts
  • $0Trading account gains & fees
  • $123Additional noninterest income
  • $1,854Total noninterest expense
  • $929Salaries and employee benefits
  • $380Premises and equipment expense
  • $545Additional noninterest expense
  • -$165Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$165Income before extraordinary items
  • $0Extraordinary gains - net
  • -$165Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $24Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.94%Yield on earning assets
  • 3.75%Cost of funding earning assets
  • 3.19%Net interest margin
  • 1.11%Noninterest income to earning assets
  • 4.40%Noninterest expense to earning assets
  • -0.34%Net operating income to assets
  • -0.34%Return on assets (ROA)
  • -0.34%Pretax return on assets
  • -3.54%Return on equity (ROE)
  • -3.54%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 520.83%Credit loss provision to net charge-offs
  • -1.67%Efficiency ratio
  • 102,205Assets per employee
  • 2.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 987.76%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 94.01%Net loans and leases to core deposits
  • 105.65%Equity capital to assets
  • 8.43%Core capital (leverage) ratio
  • 9.33%Tier 1 risk-based capital ratio
  • 10.62%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $47,846Average earning assets
  • $4,663Average equity
  • $42,168Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Boone National Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents