First Federal Bank for Savings of Northern Kentucky in city_name, state_name

First Federal Bank for Savings of Northern Kentucky in Covington, Kentucky (KY)
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First Federal Bank for Savings of Northern Kentucky - Overview

General
FDIC Certificate #: 28113
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Huntington National Bank of Kentucky (#9680)
Federal Reserve ID: 847371
Date Established: January 01, 1910
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 917
FDIC's unique #: 40947
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: November 30, 1934
Last Structure Change Effective Date: December 16, 1994
Last Structure Change Process Date: January 04, 1995
Last Data Update: January 04, 1995
Data Source Date: April 05, 2012
Location
Address: 501 Main Street, Covington, KY 41011
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: $225.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$93Total assets
$225,311Cash and due from depository institutions
$7,304Interest-bearing balances
$6,354Securities
$52,160Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$158,936Loan loss allowance
$692Trading account assets
$0Bank premises and fixed assets
$3,412Other real estate owned
$105Goodwill and other intangibles
$2,952Life insurance assets
$442All other assets
$0Total liabilities and capital
$225,311Total liabilities
$204,804Total deposits
$203,971Interest-bearing deposits
$203,971Deposits held in domestic offices
203971.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$357Subordinated debt
$0All other liabilities
$476Total equity capital
$476Total bank equity capital
$20,507Perpetual preferred stock
$0Common stock
$1Surplus
$5,970Undivided profits
Memoranda
$14,536Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$508Income earned, not collected on loans
$655Earning assets
$217,450Long-term assets (5+ years)
$0Average Assets, year-to-date
$225,565Average Assets, quarterly
$226,903Volatile liabilities
$11,553Insider loans
$395FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$10,871Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$20,507Total risk weighted assets
$112,299Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$15,728Total interest expense
$8,279Net interest income
$7,449Provision for loan and lease losses
$200Total noninterest income
$742Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$742Total noninterest expense
$5,329Salaries and employee benefits
$2,615Premises and equipment expense
$973Additional noninterest expense
$1,741Pre-tax net operating income
$2,662Securities gains (losses)
$0Applicable income taxes
$915Income before extraordinary items
$1,747Extraordinary gains - net
$104Net income attributable to bank
$1,851Net charge-offs
-$8Cash dividends
$211Sale, conversion, retirement of capital stock, net
$233Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.23%Cost of funding earning assets
3.81%Net interest margin
3.43%Noninterest income to earning assets
0.34%Noninterest expense to earning assets
2.45%Net operating income to assets
0.77%Return on assets (ROA)
0.82%Pretax return on assets
1.23%Return on equity (ROE)
9.46%Retained earnings to average equity (YTD only)
8.38%Net charge-offs to loans
-0.01%Credit loss provision to net charge-offs
-2500.00%Efficiency ratio
63,094Assets per employee
2.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.40%Loss allowance to loans
0.43%Loss allowance to noncurrent loans
136.22%Noncurrent assets plus other real estate owned to assets
0.27%Noncurrent loans to loans
0.32%Net loans and leases to deposits
77.92%Net loans and leases to core deposits
82.45%Equity capital to assets
9.10%Core capital (leverage) ratio
9.12%Tier 1 risk-based capital ratio
18.26%Total risk-based capital ratio
Memoranda
$19Average assets
$225,565Average earning assets
$19,560Average equity
$217,431Average loans

First Federal Bank for Savings of Northern Kentucky in Covington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Bank for Savings of Northern Kentucky - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

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

First Federal Bank for Savings of Northern Kentucky in Covington, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Bank for Savings of Northern Kentucky - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

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

First Federal Bank for Savings of Northern Kentucky in Covington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches