First Bank and Trust Co. of Princeton, Kentucky in Princeton, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2005

First Bank and Trust Co. of Princeton, Kentucky in Princeton, Kentucky (KY)
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First Bank and Trust Co. of Princeton, Kentucky - Overview

General
FDIC Certificate #: 2764
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Southern National Bank (#2700)
Federal Reserve ID: 49540
Date Established: January 01, 1883
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 9280
FDIC's unique #: 1800
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: January 01, 1934
Last Structure Change Effective Date: July 01, 2005
Last Structure Change Process Date: July 12, 2005
Last Data Update: July 12, 2005
Data Source Date: April 05, 2012
Location
Address: 101 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
Financial Summary
Total assets: $84.2 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, 2004)

Dollar figures in thousands
22Total employees (full-time equivalent)
$85,740Total assets
$2,152Cash and due from depository institutions
$2Interest-bearing balances
$28,149Securities
$7,625Federal funds sold & reverse repurchase agreements
$41,635Net loans & leases
$528Loan loss allowance
$0Trading account assets
$1,256Bank premises and fixed assets
$0Other real estate owned
$3,875Goodwill and other intangibles
$0Life insurance assets
$1,048All other assets
$85,740Total liabilities and capital
$77,012Total liabilities
$75,461Total deposits
$65,290Interest-bearing deposits
$75,461Deposits held in domestic offices
0.00%% insured (estimated)
$449Federal funds purchased & repurchase agreements
$0Trading liabilities
$352Other borrowed funds
$0Subordinated debt
$750All other liabilities
$8,728Total equity capital
$8,728Total bank equity capital
$8,728Perpetual preferred stock
$0Common stock
$500Surplus
$7,865Undivided profits
Memoranda
$363Noncurrent loans and leases
$5,184Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$616Earning assets
$0Long-term assets (5+ years)
$468Average Assets, year-to-date
$77,411Average Assets, quarterly
$23,568Volatile liabilities
$86,806Insider loans
$85,821FHLB advances
$11,155Loans and leases held for sale
$1,479Unused loan commitments
$352Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,184Total unused commitments
$0Restructured Loans and leases
$528Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$3,805Total interest income
$972Total interest expense
$2,833Net interest income
$15Provision for loan and lease losses
$454Total noninterest income
$0Fiduciary activities
$390Service charges on deposit accounts
$0Trading account gains & fees
$64Additional noninterest income
$2,115Total noninterest expense
$885Salaries and employee benefits
$210Premises and equipment expense
$1,020Additional noninterest expense
$1,157Pre-tax net operating income
$27Securities gains (losses)
$232Applicable income taxes
$952Income before extraordinary items
$0Extraordinary gains - net
$952Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$68Sale, conversion, retirement of capital stock, net
$1,025Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.84%Yield on earning assets
1.24%Cost of funding earning assets
3.60%Net interest margin
0.58%Noninterest income to earning assets
2.69%Noninterest expense to earning assets
1.07%Net operating income to assets
1.10%Return on assets (ROA)
1.36%Pretax return on assets
11.15%Return on equity (ROE)
-0.86%Retained earnings to average equity (YTD only)
-0.19%Net charge-offs to loans
-22.06%Credit loss provision to net charge-offs
0.00%Efficiency ratio
64,344Assets per employee
3.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
107.67%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
85.71%Noncurrent assets plus other real estate owned to assets
0.72%Noncurrent loans to loans
1.46%Net loans and leases to deposits
55.17%Net loans and leases to core deposits
64.30%Equity capital to assets
10.18%Core capital (leverage) ratio
5.66%Tier 1 risk-based capital ratio
9.87%Total risk-based capital ratio
Memoranda
$11Average assets
$86,806Average earning assets
$8,536Average equity
$78,612Average loans

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