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

This bank is inactive as of January 01, 1997

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

Farmers National Bank - Overview

  • General
  • FDIC Certificate #: 2728
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community Trust Bank, Inc. (#2720)
    Federal Reserve ID: 363611
    Date Established: January 01, 1904
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 8961
    FDIC's unique #: 1769
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 01, 1997
    Last Structure Change Process Date: January 13, 1997
    Last Data Update: January 13, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 North Third Street, Williamsburg, KY 40769
    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: $121.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $39Total assets
  • $121,709Cash and due from depository institutions
  • $2,789Interest-bearing balances
  • $229Securities
  • $33,174Federal funds sold & reverse repurchase agreements
  • $3,235Net loans & leases
  • $77,325Loan loss allowance
  • $1,215Trading account assets
  • $0Bank premises and fixed assets
  • $2,465Other real estate owned
  • $817Goodwill and other intangibles
  • $1,904Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $121,709Total liabilities
  • $112,709Total deposits
  • $97,676Interest-bearing deposits
  • $86,831Deposits held in domestic offices
  • 97676.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $13,808Subordinated debt
  • $0All other liabilities
  • $1,225Total equity capital
  • $1,225Total bank equity capital
  • $9,000Perpetual preferred stock
  • $0Common stock
  • $421Surplus
  • $4,080Undivided profits
  • Memoranda
  • $4,499Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $600Income earned, not collected on loans
  • $570Earning assets
  • $113,963Long-term assets (5+ years)
  • $44,333Average Assets, year-to-date
  • $124,832Average Assets, quarterly
  • $120,831Volatile liabilities
  • $13,599Insider loans
  • $1,031FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $9,038Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,017Total risk weighted assets
  • $78,922Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,796Total interest expense
  • $4,955Net interest income
  • $4,841Provision for loan and lease losses
  • $422Total noninterest income
  • $455Fiduciary activities
  • $0Service charges on deposit accounts
  • $264Trading account gains & fees
  • $0Additional noninterest income
  • $191Total noninterest expense
  • $2,769Salaries and employee benefits
  • $1,220Premises and equipment expense
  • $313Additional noninterest expense
  • $1,236Pre-tax net operating income
  • $2,105Securities gains (losses)
  • $3Applicable income taxes
  • $673Income before extraordinary items
  • $1,435Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,435Net charge-offs
  • $301Cash dividends
  • $1,685Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.44%Cost of funding earning assets
  • 4.27%Net interest margin
  • 4.17%Noninterest income to earning assets
  • 0.39%Noninterest expense to earning assets
  • 2.38%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 1.69%Return on equity (ROE)
  • 15.50%Retained earnings to average equity (YTD only)
  • -2.70%Net charge-offs to loans
  • 0.41%Credit loss provision to net charge-offs
  • 140.20%Efficiency ratio
  • 52,285Assets per employee
  • 3.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 117.42%Loss allowance to loans
  • 1.55%Loss allowance to noncurrent loans
  • 202.50%Noncurrent assets plus other real estate owned to assets
  • 1.16%Noncurrent loans to loans
  • 0.76%Net loans and leases to deposits
  • 79.16%Net loans and leases to core deposits
  • 91.97%Equity capital to assets
  • 7.39%Core capital (leverage) ratio
  • 7.39%Tier 1 risk-based capital ratio
  • 11.43%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $124,832Average earning assets
  • $9,259Average equity
  • $116,103Average loans

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