Corbin Deposit Bank & Trust Company in Corbin, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1993

  • Corbin Deposit Bank & Trust Company in Corbin, Kentucky (KY)
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Corbin Deposit Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 15170
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Cumberland Valley National Bank & Trust Company (#2691)
    Federal Reserve ID: 985312
    Date Established: May 15, 1935
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 9536
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 03, 1935
    Last Structure Change Effective Date: July 01, 1993
    Last Structure Change Process Date: July 27, 1993
    Last Data Update: July 27, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: First And Main Streets, Corbin, KY 40701
    County: Whitley
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Knoxville
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Corbin-London, KY (#202)
    Core Based Statistical Area (CBSA): Corbin, KY (#18340)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $62.2 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $43Total assets
  • $63,543Cash and due from depository institutions
  • $5,055Interest-bearing balances
  • $1,000Securities
  • $18,856Federal funds sold & reverse repurchase agreements
  • $50Net loans & leases
  • $37,347Loan loss allowance
  • $453Trading account assets
  • $0Bank premises and fixed assets
  • $756Other real estate owned
  • $690Goodwill and other intangibles
  • $789Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $63,543Total liabilities
  • $57,606Total deposits
  • $57,257Interest-bearing deposits
  • $51,245Deposits held in domestic offices
  • 57257.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $349Total equity capital
  • $349Total bank equity capital
  • $5,937Perpetual preferred stock
  • $0Common stock
  • $890Surplus
  • $1,800Undivided profits
  • Memoranda
  • $3,247Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $567Income earned, not collected on loans
  • $381Earning assets
  • $57,253Long-term assets (5+ years)
  • $5,875Average Assets, year-to-date
  • $62,435Average Assets, quarterly
  • $62,993Volatile liabilities
  • $4,104Insider loans
  • $1,611FHLB advances
  • $0Loans and leases held for sale
  • $83Unused loan commitments
  • $2,124Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,937Total risk weighted assets
  • $37,609Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,848Total interest expense
  • $2,338Net interest income
  • $2,510Provision for loan and lease losses
  • $180Total noninterest income
  • $314Fiduciary activities
  • $0Service charges on deposit accounts
  • $193Trading account gains & fees
  • $0Additional noninterest income
  • $121Total noninterest expense
  • $2,079Salaries and employee benefits
  • $950Premises and equipment expense
  • $263Additional noninterest expense
  • $866Pre-tax net operating income
  • $565Securities gains (losses)
  • $14Applicable income taxes
  • $122Income before extraordinary items
  • $457Extraordinary gains - net
  • $0Net income attributable to bank
  • $457Net charge-offs
  • $167Cash dividends
  • $89Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.54%Cost of funding earning assets
  • 4.12%Net interest margin
  • 4.42%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 3.66%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 0.73%Pretax return on assets
  • 0.93%Return on equity (ROE)
  • 7.92%Retained earnings to average equity (YTD only)
  • 6.38%Net charge-offs to loans
  • 0.44%Credit loss provision to net charge-offs
  • 107.78%Efficiency ratio
  • 73,619Assets per employee
  • 1.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.47%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 79.89%Noncurrent assets plus other real estate owned to assets
  • 1.98%Noncurrent loans to loans
  • 1.50%Net loans and leases to deposits
  • 65.23%Net loans and leases to core deposits
  • 70.26%Equity capital to assets
  • 9.34%Core capital (leverage) ratio
  • 9.46%Tier 1 risk-based capital ratio
  • 15.79%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $62,435Average earning assets
  • $5,770Average equity
  • $56,785Average loans

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