Commonwealth Community Bank, Inc. in Hartford, Kentucky (KY)



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Commonwealth Community Bank, Inc. routing number info

Table of contents:
Commonwealth Community Bank, Inc.
GeneralFDIC Certificate #: 8126
Status: Active
Federal Reserve ID: 541642
Bank Holding Company (Regulatory Top Holder): Ohio County Community Bancshares, Inc. (RSSDID: 1951127, Location: Hartford, KY)
Date Established: July 05, 1928
WWW: http://www.cwcbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 9128
FDIC's unique #: 5175
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: Yes
Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 01, 1934
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
LocationAddress: 830 South Main Street, Hartford, KY 42347
County: Ohio
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Hopkinsville
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $157.5 mil
Equity capital: $21.1 mil
Deposits held in domestic offices: $122.4 mil
Return on assets (ROA): 1.41% ($2.2 mil)
Quarterly return on assets: 0.93% ($1.5 mil)
Return on Equity (ROE): 11.24% ($2.4 mil)
Quarterly return on equity: 6.71% ($1.4 mil)
Net income: $2.2 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.43% ($2,251.9 mil)
Quarterly Pretax return on assets: 1.02% ($1,606.2 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)
Total employees (full-time equivalent)36
Total assets$157,474
Cash and due from depository institutions$3,471
Interest-bearing balances$297
Securities$83,720
Federal funds sold & reverse repurchase agreements$1,546
Net loans & leases$57,235
Loan loss allowance $874
Trading account assets$0
Bank premises and fixed assets$3,137
Other real estate owned$347
Goodwill and other intangibles$0
All other assets$8,018
Life insurance assets$157,474
Total liabilities and capital$136,332
Total liabilities$122,436
Total deposits$100,896
Interest-bearing deposits$122,436
Deposits held in domestic offices$97
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$11,335
Other borrowed funds $0
Subordinated debt $2,561
All other liabilities $21,142
Total equity capital$21,142
Total bank equity capital$21,142
Perpetual preferred stock$0
Common stock$200
Surplus$2,800
Undivided profits $18,142
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $237
Earning assets $0
Long-term assets (5+ years) $1,273
Average Assets, year-to-date $142,798
Average Assets, quarterly $101,962
Volatile liabilities $153,071
Insider loans $156,292
FHLB advances $87,710
Loans and leases held for sale $156,443
Unused loan commitments $4,594
Tier 1 (core) risk-based capital $4,594
Tier 2 risk-based capital $17,893
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,777
Derivatives$917
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $7,361
Total interest expense $1,629
Net interest income $5,732
Provision for loan and lease losses $120
Total noninterest income $743
Fiduciary activities $0
Service charges on deposit accounts $449
Trading account gains & fees $0
Additional noninterest income $294
Total noninterest expense $4,181
Salaries and employee benefits $2,065
Premises and equipment expense $468
Additional noninterest expense $1,648
Pre-tax net operating income $2,174
Securities gains (losses) $11
Applicable income taxes $34
Income before extraordinary items $2,151
Extraordinary gains - net $0
Net income attributable to bank $2,151
Net charge-offs $0
Cash dividends $2,151
Sale, conversion, retirement of capital stock, net $120
Net operating income $1,666
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.30%
Cost of funding earning assets 1.17%
Net interest margin 4.13%
Noninterest income to earning assets 0.54%
Noninterest expense to earning assets 3.01%
Net operating income to assets 1.40%
Return on assets (ROA) 1.41%
Pretax return on assets 1.43%
Return on equity (ROE) 11.24%
Retained earnings to average equity (YTD only) 2.54%
Net charge-offs to loans 0.20%
Credit loss provision to net charge-offs 100.00%
Efficiency ratio19.12%
Assets per employee$64,571
Cash dividends to net income (YTD only)4.37%
Condition Ratios (%)
Loss allowance to loans 77.45%
Loss allowance to noncurrent loans 1.50%
Noncurrent assets plus other real estate owned to assets 368.78%
Noncurrent loans to loans 0.37%
Net loans and leases to deposits0.41%
Net loans and leases to core deposits 46.75%
Equity capital to assets 49.24%
Core capital (leverage) ratio 13.43%
Tier 1 risk-based capital ratio 11.44%
Total risk-based capital ratio 20.40%
Memoranda
Average assets$21
Average earning assets$153,071
Average equity $19,132
Average loans $138,793
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$5,835
Number of Accounts1
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts2
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$5,835
Corporate trust and agency accounts$5,835
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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4 Kentucky Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05175Commonwealth Community Bank, Inc.830 South Main Street, Hartford, KY 42347July 05, 1928Full Service Brick and Mortar
1217964Centertown BranchMain Street And Highway 69, Centertown, KY 42328November 11, 1967Full Service Brick and Mortar
4244Fordsville Branch78 East Main Street, Fordsville, KY 42343October 01, 1906Full Service Brick and Mortar
6362903Airport Branch340 Airport Road, Greenville, KY 42345December 31, 2001Full Service Brick and Mortar
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