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
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 Community First Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: