First American National Bank of Kentucky in Bowling Green, Kentucky (KY)



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First American National Bank of Kentucky
GeneralFDIC Certificate #: 28825
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First American National Bank (#4956)
Federal Reserve ID: 579579
Date Established: January 01, 1928
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
OTS Docket #: 2437
FDIC's unique #: 41659
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
State Chartered: No
Date of Deposit Insurance: December 31, 1934
Last Structure Change Effective Date: July 01, 1997
Last Structure Change Process Date: July 22, 1997
Last Data Update: July 22, 1997
Data Source Date: April 05, 2012
LocationAddress: Tenth And Chestnut, Bowling Green, KY 42101
County: Warren
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): Bowling Green, KY (#14540)
CBSA Metro Statistical Area: Bowling Green, KY (#14540)
Financial SummaryTotal assets: $287.4 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$45
Cash and due from depository institutions$290,823
Interest-bearing balances$4,066
Securities$13
Federal funds sold & reverse repurchase agreements$88,713
Net loans & leases$0
Loan loss allowance $184,542
Trading account assets$966
Bank premises and fixed assets$0
Other real estate owned$4,354
Goodwill and other intangibles$0
All other assets$5,759
Life insurance assets$3,389
Total liabilities and capital$0
Total liabilities$290,823
Total deposits$260,907
Interest-bearing deposits$196,076
Deposits held in domestic offices$186,622
% insured (estimated)196076.00%
Federal funds purchased & repurchase agreements $91
Trading liabilities$1,229
Other borrowed funds $0
Subordinated debt $59,276
All other liabilities $0
Total equity capital$4,326
Total bank equity capital$4,326
Perpetual preferred stock$29,916
Common stock$0
Surplus$518
Undivided profits $26,983
Memoranda
Noncurrent loans and leases $2,415
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $842
Earning assets $1,142
Long-term assets (5+ years) $273,268
Average Assets, year-to-date $73,135
Average Assets, quarterly $283,934
Volatile liabilities $289,105
Insider loans $78,649
FHLB advances $565
Loans and leases held for sale $0
Unused loan commitments $0
Tier 1 (core) risk-based capital $13,570
Tier 2 risk-based capital $0
Total risk weighted assets $24,282
Total unused commitments $153,183
Restructured Loans and leases $0
Derivatives$15,000
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Income and Expense (December 31, 1996)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $16,921
Net interest income $10,206
Provision for loan and lease losses $6,715
Total noninterest income $0
Fiduciary activities $1,416
Service charges on deposit accounts $0
Trading account gains & fees $839
Additional noninterest income $0
Total noninterest expense $577
Salaries and employee benefits $6,325
Premises and equipment expense $1,765
Additional noninterest expense $404
Pre-tax net operating income $4,156
Securities gains (losses) $1,806
Applicable income taxes $0
Income before extraordinary items $546
Extraordinary gains - net $1,260
Net income attributable to bank $0
Net charge-offs $1,260
Cash dividends $164
Sale, conversion, retirement of capital stock, net $586
Net operating income $0
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Performance and Condition Ratios (December 31, 1996)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 6.34%
Net interest margin 3.82%
Noninterest income to earning assets 2.52%
Noninterest expense to earning assets 0.53%
Net operating income to assets 2.37%
Return on assets (ROA) 0.44%
Pretax return on assets 0.44%
Return on equity (ROE) 0.64%
Retained earnings to average equity (YTD only) 4.27%
Net charge-offs to loans 2.28%
Credit loss provision to net charge-offs 0.09%
Efficiency ratio0.00%
Assets per employee$67,544
Cash dividends to net income (YTD only)6.46%
Condition Ratios (%)
Loss allowance to loans 46.51%
Loss allowance to noncurrent loans 0.52%
Noncurrent assets plus other real estate owned to assets 114.73%
Noncurrent loans to loans 0.29%
Net loans and leases to deposits0.45%
Net loans and leases to core deposits 94.12%
Equity capital to assets 104.46%
Core capital (leverage) ratio 10.29%
Tier 1 risk-based capital ratio 10.09%
Total risk-based capital ratio 15.85%
Memoranda
Average assets$16
Average earning assets$283,934
Average equity $29,517
Average loans $266,925
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