Farmers Bank and Trust Company, Princeton, Kentucky in Princeton, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Farmers Bank and Trust Company, Princeton, Kentucky - Overview

  • General
  • FDIC Certificate #: 2765
    Status: Active
    Federal Reserve ID: 46941
    Bank Holding Company (Regulatory Top Holder): United Bancorp Of Princeton, Inc. (RSSDID: 1098554, Location: Princeton, KY)
    Date Established: January 01, 1900
    WWW: http://www.farmersbk.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 9952
    FDIC's unique #: 1801
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 West Washington Street, Princeton, KY 42445
    County: Caldwell
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $116.3 mil
    Equity capital: $18.9 mil
    Deposits held in domestic offices: $92.0 mil
    Return on assets (ROA): 1.57% ($1.8 mil)
    Quarterly return on assets: 1.28% ($1.5 mil)
    Return on Equity (ROE): 9.45% ($1.8 mil)
    Quarterly return on equity: 7.73% ($1.5 mil)
    Net income: $1.8 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.57% ($1,825.5 mil)
    Quarterly Pretax return on assets: 1.28% ($1,488.3 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, 2011)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $116,272Total assets
  • $7,809Cash and due from depository institutions
  • $201Interest-bearing balances
  • $40,912Securities
  • $1,579Federal funds sold & reverse repurchase agreements
  • $63,215Net loans & leases
  • $950Loan loss allowance
  • $0Trading account assets
  • $1,422Bank premises and fixed assets
  • $39Other real estate owned
  • $0Goodwill and other intangibles
  • $116,272Life insurance assets
  • $1,296All other assets
  • $97,362Total liabilities and capital
  • $91,991Total liabilities
  • $72,842Total deposits
  • $91,991Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,854Trading liabilities
  • $0Other borrowed funds
  • $517Subordinated debt
  • $18,910All other liabilities
  • $18,910Total equity capital
  • $18,910Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $1,700Surplus
  • $16,910Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $468Income earned, not collected on loans
  • $0Earning assets
  • $563Long-term assets (5+ years)
  • $105,907Average Assets, year-to-date
  • $47,169Average Assets, quarterly
  • $111,463Volatile liabilities
  • $115,207Insider loans
  • $70,296FHLB advances
  • $114,511Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,127Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,254Restructured Loans and leases
  • $368Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,886Total interest income
  • $892Total interest expense
  • $3,994Net interest income
  • $160Provision for loan and lease losses
  • $925Total noninterest income
  • $92Fiduciary activities
  • $525Service charges on deposit accounts
  • $0Trading account gains & fees
  • $308Additional noninterest income
  • $3,007Total noninterest expense
  • $1,576Salaries and employee benefits
  • $234Premises and equipment expense
  • $1,197Additional noninterest expense
  • $1,752Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,752Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,752Net income attributable to bank
  • $0Net charge-offs
  • $1,752Cash dividends
  • $110Sale, conversion, retirement of capital stock, net
  • $1,308Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.76%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 3.89%Net interest margin
  • 0.90%Noninterest income to earning assets
  • 2.93%Noninterest expense to earning assets
  • 1.57%Net operating income to assets
  • 1.57%Return on assets (ROA)
  • 1.57%Pretax return on assets
  • 9.45%Return on equity (ROE)
  • 2.39%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 145.45%Credit loss provision to net charge-offs
  • 17.38%Efficiency ratio
  • 61,130Assets per employee
  • 3.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 74.66%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 202.99%Noncurrent assets plus other real estate owned to assets
  • 0.44%Noncurrent loans to loans
  • 0.73%Net loans and leases to deposits
  • 68.72%Net loans and leases to core deposits
  • 70.09%Equity capital to assets
  • 16.26%Core capital (leverage) ratio
  • 15.83%Tier 1 risk-based capital ratio
  • 25.79%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $111,463Average earning assets
  • $18,544Average equity
  • $102,602Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $13,666Managed Assets
  • 1Number of Accounts
  • $12,582Personal trust and agency accounts
  • $9,695Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $2,812Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $75Non-managed Assets
  • 123Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,084Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $356Fiduciary accounts held in foreign offices

List of branches

  • 2 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01801Farmers Bank And Trust Company, Princeton, Kentucky111 West Washington Street, Princeton, KY 42445January 01, 1900Full Service Brick and Mortar
    2194187Highway 62 BranchHighway 62 West, Princeton, KY 42445December 05, 1977Full Service Brick and Mortar

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