Dees Bank of Hazel in Hazel, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 18, 2000

Dees Bank of Hazel in Hazel, Kentucky (KY)
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Dees Bank of Hazel - Overview

General
FDIC Certificate #: 15236
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Area Bank (#18478)
Federal Reserve ID: 611947
Date Established: June 06, 1916
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 9590
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: July 18, 1935
Last Structure Change Effective Date: August 18, 2000
Last Structure Change Process Date: October 06, 2000
Last Data Update: October 06, 2000
Data Source Date: April 05, 2012
Location
Address: Main And Barnett Streets, Hazel, KY 42049
County: Calloway
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Dallas
FDIC Field Office: Hopkinsville
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Murray, KY (#34660)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $28.5 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
10Total employees (full-time equivalent)
$27,453Total assets
$824Cash and due from depository institutions
$0Interest-bearing balances
$3,898Securities
$2,400Federal funds sold & reverse repurchase agreements
$19,793Net loans & leases
$188Loan loss allowance
$0Trading account assets
$60Bank premises and fixed assets
$35Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$443All other assets
$27,453Total liabilities and capital
$23,110Total liabilities
$22,894Total deposits
$21,366Interest-bearing deposits
$22,894Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$216All other liabilities
$4,343Total equity capital
$4,343Total bank equity capital
$4,343Perpetual preferred stock
$0Common stock
$23Surplus
$2,477Undivided profits
Memoranda
$1,843Noncurrent loans and leases
$716Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$300Earning assets
$0Long-term assets (5+ years)
$298Average Assets, year-to-date
$26,091Average Assets, quarterly
$229Volatile liabilities
$28,299Insider loans
$27,955FHLB advances
$6,285Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$716Total unused commitments
$0Restructured Loans and leases
$188Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$2,011Total interest income
$1,008Total interest expense
$1,003Net interest income
$150Provision for loan and lease losses
$137Total noninterest income
$0Fiduciary activities
$126Service charges on deposit accounts
$0Trading account gains & fees
$11Additional noninterest income
$752Total noninterest expense
$399Salaries and employee benefits
$79Premises and equipment expense
$274Additional noninterest expense
$238Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$238Income before extraordinary items
$0Extraordinary gains - net
$238Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$291Sale, conversion, retirement of capital stock, net
$264Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.47%Yield on earning assets
3.74%Cost of funding earning assets
3.72%Net interest margin
0.51%Noninterest income to earning assets
2.79%Noninterest expense to earning assets
0.84%Net operating income to assets
0.84%Return on assets (ROA)
0.84%Pretax return on assets
5.44%Return on equity (ROE)
-0.59%Retained earnings to average equity (YTD only)
1.40%Net charge-offs to loans
51.55%Credit loss provision to net charge-offs
1.33%Efficiency ratio
65,965Assets per employee
2.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
110.92%Loss allowance to loans
0.94%Loss allowance to noncurrent loans
62.67%Noncurrent assets plus other real estate owned to assets
1.22%Noncurrent loans to loans
1.50%Net loans and leases to deposits
86.45%Net loans and leases to core deposits
119.17%Equity capital to assets
15.82%Core capital (leverage) ratio
15.24%Tier 1 risk-based capital ratio
23.07%Total risk-based capital ratio
Memoranda
$24Average assets
$28,299Average earning assets
$4,377Average equity
$26,935Average loans

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