Community First Bank in Madisonville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 31, 2008

  • Community First Bank in Madisonville, Kentucky (KY)
  • Show street view No street view available for this location

Community First Bank - Overview

  • General
  • FDIC Certificate #: 30081
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: Hancock Bank & Trust Company (#8128)
    Federal Reserve ID: 846075
    Date Established: January 01, 1923
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4705
    FDIC's unique #: 42915
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: March 19, 1958
    Last Structure Change Effective Date: March 31, 2008
    Last Structure Change Process Date: May 12, 2008
    Last Data Update: May 12, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2420 North Main Street, Madisonville, KY 42431
    County: Hopkins
    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
    Core Based Statistical Area (CBSA): Madisonville, KY (#31580)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $81.6 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
  • 23Total employees (full-time equivalent)
  • $81,633Total assets
  • $1,589Cash and due from depository institutions
  • $881Interest-bearing balances
  • $538Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $76,214Net loans & leases
  • $380Loan loss allowance
  • $0Trading account assets
  • $1,931Bank premises and fixed assets
  • $20Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,341All other assets
  • $81,633Total liabilities and capital
  • $78,266Total liabilities
  • $73,209Total deposits
  • $68,098Interest-bearing deposits
  • $73,209Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,519Other borrowed funds
  • $0Subordinated debt
  • $538All other liabilities
  • $3,367Total equity capital
  • $3,367Total bank equity capital
  • $3,367Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $3,742Undivided profits
  • Memoranda
  • $-376Noncurrent loans and leases
  • $5,230Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $97Earning assets
  • $0Long-term assets (5+ years)
  • $435Average Assets, year-to-date
  • $77,633Average Assets, quarterly
  • $0Volatile liabilities
  • $80,229Insider loans
  • $81,570FHLB advances
  • $20,051Loans and leases held for sale
  • $596Unused loan commitments
  • $4,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,230Total unused commitments
  • $0Restructured Loans and leases
  • $382Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $5,006Total interest income
  • $3,084Total interest expense
  • $1,922Net interest income
  • $22Provision for loan and lease losses
  • $447Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $447Additional noninterest income
  • $2,547Total noninterest expense
  • $1,050Salaries and employee benefits
  • $623Premises and equipment expense
  • $874Additional noninterest expense
  • -$200Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$200Income before extraordinary items
  • $0Extraordinary gains - net
  • -$200Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $46Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.56%Yield on earning assets
  • 4.04%Cost of funding earning assets
  • 2.52%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 3.34%Noninterest expense to earning assets
  • -0.25%Net operating income to assets
  • -0.25%Return on assets (ROA)
  • -0.25%Pretax return on assets
  • -5.79%Return on equity (ROE)
  • -5.79%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 47.83%Credit loss provision to net charge-offs
  • -3.87%Efficiency ratio
  • 107,514Assets per employee
  • 3.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.50%Loss allowance to noncurrent loans
  • 391.75%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.13%Net loans and leases to deposits
  • 104.10%Net loans and leases to core deposits
  • 132.14%Equity capital to assets
  • 4.12%Core capital (leverage) ratio
  • 4.13%Tier 1 risk-based capital ratio
  • 6.90%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $80,229Average earning assets
  • $3,456Average equity
  • $76,282Average loans

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