Citizens Bank of Jessamine County in Nicholasville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 2008

  • Citizens Bank of Jessamine County in Nicholasville, Kentucky (KY)
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Citizens Bank of Jessamine County - Overview

  • General
  • FDIC Certificate #: 34195
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Bank & Trust Company (#15608)
    Federal Reserve ID: 2480512
    Date Established: July 05, 1996
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 56853
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 05, 1996
    Last Structure Change Effective Date: November 01, 2008
    Last Structure Change Process Date: January 06, 2009
    Last Data Update: January 06, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 North Main Street, Nicholasville, KY 40356
    County: Jessamine
    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)
  • Financial Summary
  • Total assets: $219.1 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, 2007)

  • Dollar figures in thousands
  • 41Total employees (full-time equivalent)
  • $218,470Total assets
  • $5,096Cash and due from depository institutions
  • $0Interest-bearing balances
  • $48,007Securities
  • $11,835Federal funds sold & reverse repurchase agreements
  • $125,601Net loans & leases
  • $1,341Loan loss allowance
  • $0Trading account assets
  • $4,161Bank premises and fixed assets
  • $1,242Other real estate owned
  • $17,846Goodwill and other intangibles
  • $0Life insurance assets
  • $4,682All other assets
  • $218,470Total liabilities and capital
  • $188,069Total liabilities
  • $147,278Total deposits
  • $126,654Interest-bearing deposits
  • $147,278Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $32,042Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,000Other borrowed funds
  • $0Subordinated debt
  • $3,749All other liabilities
  • $30,401Total equity capital
  • $30,401Total bank equity capital
  • $30,401Perpetual preferred stock
  • $0Common stock
  • $2,136Surplus
  • $27,908Undivided profits
  • Memoranda
  • $357Noncurrent loans and leases
  • $17,859Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $890Earning assets
  • $0Long-term assets (5+ years)
  • $2,530Average Assets, year-to-date
  • $185,443Average Assets, quarterly
  • $52,753Volatile liabilities
  • $187,038Insider loans
  • $202,752FHLB advances
  • $69,224Loans and leases held for sale
  • $1,066Unused loan commitments
  • $5,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $17,859Total unused commitments
  • $0Restructured Loans and leases
  • $1,341Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $11,232Total interest income
  • $5,411Total interest expense
  • $5,821Net interest income
  • $427Provision for loan and lease losses
  • $1,516Total noninterest income
  • $0Fiduciary activities
  • $1,387Service charges on deposit accounts
  • $0Trading account gains & fees
  • $129Additional noninterest income
  • $5,847Total noninterest expense
  • $2,232Salaries and employee benefits
  • $674Premises and equipment expense
  • $2,941Additional noninterest expense
  • $1,063Pre-tax net operating income
  • $0Securities gains (losses)
  • $341Applicable income taxes
  • $722Income before extraordinary items
  • $0Extraordinary gains - net
  • $722Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $330Sale, conversion, retirement of capital stock, net
  • $579Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.27%Yield on earning assets
  • 3.50%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 3.78%Noninterest expense to earning assets
  • 0.39%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.57%Pretax return on assets
  • 2.39%Return on equity (ROE)
  • 0.47%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 129.39%Credit loss provision to net charge-offs
  • 4.52%Efficiency ratio
  • 66,553Assets per employee
  • 5.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 80.19%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 150.67%Noncurrent assets plus other real estate owned to assets
  • 0.98%Noncurrent loans to loans
  • 0.70%Net loans and leases to deposits
  • 85.28%Net loans and leases to core deposits
  • 114.08%Equity capital to assets
  • 13.92%Core capital (leverage) ratio
  • 6.85%Tier 1 risk-based capital ratio
  • 9.59%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $187,038Average earning assets
  • $30,174Average equity
  • $154,592Average loans

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