First Bank of Northern Kentucky, Inc. in city_name, state_name

First Bank of Northern Kentucky, Inc. in Fort Mitchell, Kentucky (KY)
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First Bank of Northern Kentucky, Inc. - Overview

General
FDIC Certificate #: 33556
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Bank of Kentucky, Inc. (#33022)
Federal Reserve ID: 1928754
Date Established: Febuary 24, 1992
WWW: http://www.fbnoky.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 47438
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: Febuary 24, 1992
Last Structure Change Effective Date: May 19, 2007
Last Structure Change Process Date: June 18, 2007
Last Data Update: June 18, 2007
Data Source Date: April 05, 2012
Location
Address: 350 Buttermilk Pike, Fort Mitchell, KY 41017
County: Kenton
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Lexington
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Cincinnati, OH-KY-IN (#1640)
Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21)
Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178)
Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140)
CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
Financial Summary
Total assets: $76.8 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, 2006)

Dollar figures in thousands
27Total employees (full-time equivalent)
$78,742Total assets
$2,419Cash and due from depository institutions
$4Interest-bearing balances
$2,168Securities
$7,066Federal funds sold & reverse repurchase agreements
$66,079Net loans & leases
$1,007Loan loss allowance
$0Trading account assets
$261Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$749All other assets
$78,742Total liabilities and capital
$66,235Total liabilities
$65,661Total deposits
$57,716Interest-bearing deposits
$65,661Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$574All other liabilities
$12,507Total equity capital
$12,507Total bank equity capital
$12,507Perpetual preferred stock
$0Common stock
$2,575Surplus
$16,544Undivided profits
Memoranda
$-6,612Noncurrent loans and leases
$11,777Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$47Earning assets
$0Long-term assets (5+ years)
$302Average Assets, year-to-date
$75,317Average Assets, quarterly
$2,566Volatile liabilities
$72,526Insider loans
$78,117FHLB advances
$9,048Loans and leases held for sale
$1,640Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,777Total unused commitments
$0Restructured Loans and leases
$822Derivatives

Income and Expense (December 31, 2006)

Dollar figures in thousands
$5,475Total interest income
$1,795Total interest expense
$3,680Net interest income
-$517Provision for loan and lease losses
$303Total noninterest income
$0Fiduciary activities
$241Service charges on deposit accounts
$0Trading account gains & fees
$62Additional noninterest income
$3,221Total noninterest expense
$1,741Salaries and employee benefits
$610Premises and equipment expense
$870Additional noninterest expense
$1,279Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,279Income before extraordinary items
$0Extraordinary gains - net
$1,279Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$124Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2006)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.89%Yield on earning assets
2.59%Cost of funding earning assets
5.30%Net interest margin
0.44%Noninterest income to earning assets
4.64%Noninterest expense to earning assets
1.76%Net operating income to assets
1.76%Return on assets (ROA)
1.76%Pretax return on assets
10.69%Return on equity (ROE)
10.69%Retained earnings to average equity (YTD only)
-0.20%Net charge-offs to loans
416.94%Credit loss provision to net charge-offs
0.00%Efficiency ratio
80,869Assets per employee
2.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
2142.55%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.07%Net loans and leases to deposits
100.64%Net loans and leases to core deposits
116.72%Equity capital to assets
15.88%Core capital (leverage) ratio
16.12%Tier 1 risk-based capital ratio
19.10%Total risk-based capital ratio
Memoranda
$20Average assets
$72,526Average earning assets
$11,960Average equity
$69,402Average loans

First Bank of Northern Kentucky, Inc. in Fort Mitchell, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of Northern Kentucky, Inc. - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

Comment about this bank, ask questions, or add new information about it:

First Bank of Northern Kentucky, Inc. in Fort Mitchell, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of Northern Kentucky, Inc. - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

Comment about this bank, ask questions, or add new information about it:

First Bank of Northern Kentucky, Inc. in Fort Mitchell, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches