Farmers Bank in Owingsville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1998

  • Farmers Bank in Owingsville, Kentucky (KY)
  • Show street view No street view available for this location

Farmers Bank - Overview

  • General
  • FDIC Certificate #: 17704
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Progressive Bank, National Association (#2751)
    Federal Reserve ID: 370516
    Date Established: May 20, 1893
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 13360
    FDIC's unique #: 11664
    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: December 20, 1956
    Last Structure Change Effective Date: January 01, 1998
    Last Structure Change Process Date: January 15, 1998
    Last Data Update: January 15, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Owingsville, KY 40360
    County: Bath
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
    Core Based Statistical Area (CBSA): Mount Sterling, KY (#34460)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $42.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 10Total employees (full-time equivalent)
  • $42,816Total assets
  • $731Cash and due from depository institutions
  • $0Interest-bearing balances
  • $7,389Securities
  • $239Federal funds sold & reverse repurchase agreements
  • $33,566Net loans & leases
  • $371Loan loss allowance
  • $0Trading account assets
  • $536Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $355All other assets
  • $42,816Total liabilities and capital
  • $39,860Total liabilities
  • $39,393Total deposits
  • $32,009Interest-bearing deposits
  • $39,393Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $179Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $288All other liabilities
  • $2,956Total equity capital
  • $2,956Total bank equity capital
  • $2,956Perpetual preferred stock
  • $0Common stock
  • $75Surplus
  • $925Undivided profits
  • Memoranda
  • $1,956Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $69Earning assets
  • $0Long-term assets (5+ years)
  • $278Average Assets, year-to-date
  • $41,194Average Assets, quarterly
  • $2,878Volatile liabilities
  • $40,292Insider loans
  • $41,254FHLB advances
  • $3,807Loans and leases held for sale
  • $889Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,222Total unused commitments
  • $0Restructured Loans and leases
  • $29,447Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $3,371Total interest income
  • $1,665Total interest expense
  • $1,706Net interest income
  • $120Provision for loan and lease losses
  • $169Total noninterest income
  • $0Fiduciary activities
  • $97Service charges on deposit accounts
  • $0Trading account gains & fees
  • $72Additional noninterest income
  • $904Total noninterest expense
  • $410Salaries and employee benefits
  • $72Premises and equipment expense
  • $422Additional noninterest expense
  • $851Pre-tax net operating income
  • $5Securities gains (losses)
  • $42Applicable income taxes
  • $814Income before extraordinary items
  • $0Extraordinary gains - net
  • $814Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$14Sale, conversion, retirement of capital stock, net
  • $724Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.78%Yield on earning assets
  • 4.34%Cost of funding earning assets
  • 4.44%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 2.35%Noninterest expense to earning assets
  • 2.01%Net operating income to assets
  • 2.02%Return on assets (ROA)
  • 2.12%Pretax return on assets
  • 27.94%Return on equity (ROE)
  • 3.09%Retained earnings to average equity (YTD only)
  • -0.04%Net charge-offs to loans
  • -857.14%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 48,213Assets per employee
  • 4.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.94%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 537.68%Noncurrent assets plus other real estate owned to assets
  • 0.16%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 85.21%Net loans and leases to core deposits
  • 93.85%Equity capital to assets
  • 6.90%Core capital (leverage) ratio
  • 7.29%Tier 1 risk-based capital ratio
  • 9.94%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $40,292Average earning assets
  • $2,913Average equity
  • $38,389Average 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 Farmers Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents