Community Financial Services Bank in Benton, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Community Financial Services Bank - Overview

  • General
  • FDIC Certificate #: 287
    Status: Active
    Federal Reserve ID: 698144
    Bank Holding Company (Regulatory Top Holder): Community Financial Services, Inc. Employee Stock Ownership Plan (RSSDID: 2052067, Location: Benton, KY)
    Date Established: January 01, 1890
    WWW: http://www.yourlifeyourbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 11962
    FDIC's unique #: 231
    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: January 01, 1934
    Last Structure Change Effective Date: March 07, 2011
    Last Structure Change Process Date: December 12, 2011
    Last Data Update: December 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 221 West Fifth Street, Benton, KY 42025
    County: Marshall
    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 Changes
  • Change in Location
  • Financial Summary
  • Total assets: $559.2 mil
    Equity capital: $54.6 mil
    Deposits held in domestic offices: $472.5 mil
    Return on assets (ROA): 1.22% ($6.8 mil)
    Quarterly return on assets: 0.78% ($4.4 mil)
    Return on Equity (ROE): 12.88% ($7.1 mil)
    Quarterly return on equity: 7.93% ($4.4 mil)
    Net income: $6.6 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 1.68% ($9,394.1 mil)
    Quarterly Pretax return on assets: 1.31% ($7,325.1 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, 2011)

  • Dollar figures in thousands
  • 160Total employees (full-time equivalent)
  • $559,171Total assets
  • $25,417Cash and due from depository institutions
  • $16,381Interest-bearing balances
  • $69,626Securities
  • $429Federal funds sold & reverse repurchase agreements
  • $417,285Net loans & leases
  • $6,950Loan loss allowance
  • $0Trading account assets
  • $25,032Bank premises and fixed assets
  • $212Other real estate owned
  • $552Goodwill and other intangibles
  • $559,171Life insurance assets
  • $20,618All other assets
  • $504,568Total liabilities and capital
  • $472,534Total liabilities
  • $453,272Total deposits
  • $472,534Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 2661.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $26,682Trading liabilities
  • $0Other borrowed funds
  • $2,691Subordinated debt
  • $54,603All other liabilities
  • $54,603Total equity capital
  • $54,603Total bank equity capital
  • $0Perpetual preferred stock
  • $1,950Common stock
  • $15,000Surplus
  • $37,653Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $620Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,041Income earned, not collected on loans
  • $0Earning assets
  • $1,798Long-term assets (5+ years)
  • $503,721Average Assets, year-to-date
  • $283,017Average Assets, quarterly
  • $542,499Volatile liabilities
  • $551,973Insider loans
  • $447,141FHLB advances
  • $552,682Loans and leases held for sale
  • $10,901Unused loan commitments
  • $7,781Tier 1 (core) risk-based capital
  • $53,132Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,120Total unused commitments
  • $63,169Restructured Loans and leases
  • $7,614Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $26,860Total interest income
  • $6,904Total interest expense
  • $19,956Net interest income
  • $1,240Provision for loan and lease losses
  • $5,830Total noninterest income
  • $4Fiduciary activities
  • $1,581Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,245Additional noninterest income
  • $15,786Total noninterest expense
  • $8,343Salaries and employee benefits
  • $2,150Premises and equipment expense
  • $5,293Additional noninterest expense
  • $8,760Pre-tax net operating income
  • $358Securities gains (losses)
  • $2,495Applicable income taxes
  • $6,623Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,623Net income attributable to bank
  • $0Net charge-offs
  • $6,623Cash dividends
  • $762Sale, conversion, retirement of capital stock, net
  • $975Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.46%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 4.05%Net interest margin
  • 1.18%Noninterest income to earning assets
  • 3.21%Noninterest expense to earning assets
  • 1.17%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.68%Pretax return on assets
  • 12.88%Return on equity (ROE)
  • 10.98%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 162.73%Credit loss provision to net charge-offs
  • 13.12%Efficiency ratio
  • 61,219Assets per employee
  • 3.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 14.72%Loss allowance to loans
  • 1.64%Loss allowance to noncurrent loans
  • 228.54%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 88.31%Net loans and leases to core deposits
  • 96.54%Equity capital to assets
  • 9.76%Core capital (leverage) ratio
  • 9.61%Tier 1 risk-based capital ratio
  • 11.88%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $542,499Average earning assets
  • $51,417Average equity
  • $492,348Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $842Managed Assets
  • 1Number of Accounts
  • $842Personal trust and agency accounts
  • $842Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2011)

  • Dollar figures in thousands

List of branches

  • 7 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0231Community Financial Services Bank221 West Fifth Street, Benton, KY 42025January 01, 1890Full Service Brick and Mortar
    2181465Draffenville Banking CenterU.S. Highways 641 And 68, Benton, KY 42025December 02, 1974Full Service Brick and Mortar
    3181466Fifth Street Banking Center221 West Fifth Street, Benton, KY 42025August 16, 1999Full Service Brick and Mortar
    45174Calvert Banking CenterFifth And Cedar Streets, Calvert City, KY 42029October 01, 1908Full Service Brick and Mortar
    5442578Mccracken County Banking Center Bran3420 Park Avenue, Paducah, KY 42001July 01, 2004Full Service Brick and Mortar
    6479024Cfsb Of Calloway County1721 North 12th Street, Murray, KY 42071May 12, 2008Full Service Brick and Mortar
    75274611012 Main Street Branch1012 Main Street, Benton, KY 42025March 07, 2011Full Service Brick and Mortar

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