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

This bank is inactive as of September 30, 1994

First Federal Savings Bank of Kentucky in Madisonville, Kentucky (KY)
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First Federal Savings Bank of Kentucky - Overview

General
FDIC Certificate #: 31030
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citizens Bank of Kentucky (#10139)
Federal Reserve ID: 753472
Date Established: June 09, 1958
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 6280
FDIC's unique #: 43864
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: June 09, 1958
Last Structure Change Effective Date: September 30, 1994
Last Structure Change Process Date: October 27, 1994
Last Data Update: October 27, 1994
Data Source Date: April 05, 2012
Location
Address: 108 So Main Street, Madisonville, KY 42431
County: Hopkins
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
Core Based Statistical Area (CBSA): Madisonville, KY (#31580)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $64.4 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)
$24Total assets
$64,282Cash and due from depository institutions
$2,409Interest-bearing balances
$1,695Securities
$12,895Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$42,424Loan loss allowance
$555Trading account assets
$3,597Bank premises and fixed assets
$617Other real estate owned
$186Goodwill and other intangibles
$1,512Life insurance assets
$642All other assets
$0Total liabilities and capital
$64,282Total liabilities
$58,947Total deposits
$57,163Interest-bearing deposits
$56,796Deposits held in domestic offices
57163.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$1,162Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$622Total equity capital
$622Total bank equity capital
$5,335Perpetual preferred stock
$0Common stock
$1Surplus
$5,071Undivided profits
Memoranda
$263Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$452Income earned, not collected on loans
$213Earning assets
$60,611Long-term assets (5+ years)
$0Average Assets, year-to-date
$65,226Average Assets, quarterly
$64,655Volatile liabilities
$7,487Insider loans
$236FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$435Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,157Total risk weighted assets
$27,040Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$4,553Total interest expense
$2,354Net interest income
$2,199Provision for loan and lease losses
$15Total noninterest income
$200Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$53Additional noninterest income
$147Total noninterest expense
$1,537Salaries and employee benefits
$595Premises and equipment expense
$292Additional noninterest expense
$650Pre-tax net operating income
$847Securities gains (losses)
$3Applicable income taxes
$347Income before extraordinary items
$503Extraordinary gains - net
$0Net income attributable to bank
$503Net charge-offs
$40Cash dividends
$207Sale, conversion, retirement of capital stock, net
$4,002Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.37%Cost of funding earning assets
3.81%Net interest margin
3.56%Noninterest income to earning assets
0.32%Noninterest expense to earning assets
2.49%Net operating income to assets
0.77%Return on assets (ROA)
0.77%Pretax return on assets
1.30%Return on equity (ROE)
10.52%Retained earnings to average equity (YTD only)
6.19%Net charge-offs to loans
0.09%Credit loss provision to net charge-offs
37.50%Efficiency ratio
62,609Assets per employee
2.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.15%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
122.79%Noncurrent assets plus other real estate owned to assets
0.99%Noncurrent loans to loans
1.05%Net loans and leases to deposits
74.22%Net loans and leases to core deposits
83.45%Equity capital to assets
8.30%Core capital (leverage) ratio
8.10%Tier 1 risk-based capital ratio
19.07%Total risk-based capital ratio
Memoranda
$20Average assets
$65,226Average earning assets
$4,783Average equity
$61,770Average loans

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