FDIC Certificate #: 10512 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:FORCHT BANK, NATIONAL ASSOCIATION (#57415) Federal Reserve ID: 517348 Date Established: January 01, 1890 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 10731 FDIC's unique #: 6730 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 31, 2007 Last Structure Change Process Date: January 08, 2008 Last Data Update: January 08, 2008 Data Source Date: April 05, 2012
Location
Address: Main Street, Greensburg, KY 42743 County: Green Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Elizabethtown Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $105.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
40Total employees (full-time equivalent)
$103,565Total assets
$2,448Cash and due from depository institutions
$0Interest-bearing balances
$19,289Securities
$1,498Federal funds sold & reverse repurchase agreements
$74,618Net loans & leases
$991Loan loss allowance
$0Trading account assets
$4,303Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,409All other assets
$103,565Total liabilities and capital
$93,699Total liabilities
$92,509Total deposits
$81,476Interest-bearing deposits
$92,509Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,190All other liabilities
$9,866Total equity capital
$9,866Total bank equity capital
$9,866Perpetual preferred stock
$0Common stock
$200Surplus
$3,800Undivided profits
Memoranda
$5,866Noncurrent loans and leases
$9,652Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4Earning assets
$0Long-term assets (5+ years)
$934Average Assets, year-to-date
$95,405Average Assets, quarterly
$38,532Volatile liabilities
$98,535Insider loans
$102,476FHLB advances
$10,828Loans and leases held for sale
$2,075Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,652Total unused commitments
$0Restructured Loans and leases
$900Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$6,400Total interest income
$2,856Total interest expense
$3,544Net interest income
$110Provision for loan and lease losses
$587Total noninterest income
$0Fiduciary activities
$455Service charges on deposit accounts
$0Trading account gains & fees
$132Additional noninterest income
$2,730Total noninterest expense
$1,146Salaries and employee benefits
$685Premises and equipment expense
$899Additional noninterest expense
$1,291Pre-tax net operating income
$0Securities gains (losses)
$435Applicable income taxes
$856Income before extraordinary items
$0Extraordinary gains - net
$856Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$20Sale, conversion, retirement of capital stock, net
$395Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.07%Yield on earning assets
3.16%Cost of funding earning assets
3.92%Net interest margin
0.65%Noninterest income to earning assets
3.02%Noninterest expense to earning assets
0.87%Net operating income to assets
0.87%Return on assets (ROA)
1.31%Pretax return on assets
8.94%Return on equity (ROE)
4.81%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
550.00%Credit loss provision to net charge-offs
70.05%Efficiency ratio
66,086Assets per employee
2.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.14%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
24775.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.01%Net loans and leases to deposits
80.66%Net loans and leases to core deposits
91.35%Equity capital to assets
9.53%Core capital (leverage) ratio
9.77%Tier 1 risk-based capital ratio
13.89%Total risk-based capital ratio
Memoranda
$15Average assets
$98,535Average earning assets
$9,580Average equity
$90,520Average loans
Total Fiduciary and Related Assets (December 31, 2006)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$105Managed 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
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
4Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$105Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
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