First Federal Savings and Loan Association in Leitchfield, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 26, 1999

  • First Federal Savings and Loan Association in Leitchfield, Kentucky (KY)
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First Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 31278
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Kentucky Bank (#8795)
    Federal Reserve ID: 304874
    Date Established: September 15, 1961
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6656
    FDIC's unique #: 44112
    Numeric code: 37
    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: September 15, 1961
    Last Structure Change Effective Date: March 26, 1999
    Last Structure Change Process Date: March 31, 1999
    Last Data Update: March 31, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 211 North Main Street, Leitchfield, KY 42754
    County: Grayson
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Elizabethtown
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $48.1 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 9Total employees (full-time equivalent)
  • $48,070Total assets
  • $841Cash and due from depository institutions
  • $358Interest-bearing balances
  • $2,107Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $41,039Net loans & leases
  • $156Loan loss allowance
  • $0Trading account assets
  • $678Bank premises and fixed assets
  • $0Other real estate owned
  • $2,606Goodwill and other intangibles
  • $0Life insurance assets
  • $799All other assets
  • $48,070Total liabilities and capital
  • $41,311Total liabilities
  • $33,582Total deposits
  • $33,582Interest-bearing deposits
  • $33,582Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,249Other borrowed funds
  • $0Subordinated debt
  • $480All other liabilities
  • $6,759Total equity capital
  • $6,759Total bank equity capital
  • $6,759Perpetual preferred stock
  • $0Common stock
  • $113Surplus
  • $6,024Undivided profits
  • Memoranda
  • $622Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $667Earning assets
  • $0Long-term assets (5+ years)
  • $248Average Assets, year-to-date
  • $43,504Average Assets, quarterly
  • $0Volatile liabilities
  • $48,731Insider loans
  • $48,674FHLB advances
  • $8,958Loans and leases held for sale
  • $95Unused loan commitments
  • $3,599Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,555Total unused commitments
  • $0Restructured Loans and leases
  • $30,176Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $3,784Total interest income
  • $2,035Total interest expense
  • $1,749Net interest income
  • $57Provision for loan and lease losses
  • $274Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $274Additional noninterest income
  • $1,010Total noninterest expense
  • $397Salaries and employee benefits
  • $149Premises and equipment expense
  • $464Additional noninterest expense
  • $956Pre-tax net operating income
  • $0Securities gains (losses)
  • $372Applicable income taxes
  • $584Income before extraordinary items
  • $0Extraordinary gains - net
  • $584Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $60Sale, conversion, retirement of capital stock, net
  • $350Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.55%Yield on earning assets
  • 4.60%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • 1.20%Net operating income to assets
  • 1.20%Return on assets (ROA)
  • 1.96%Pretax return on assets
  • 8.76%Return on equity (ROE)
  • 3.51%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 95.00%Credit loss provision to net charge-offs
  • 16.88%Efficiency ratio
  • 44,291Assets per employee
  • 5.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.93%Loss allowance to loans
  • 0.38%Loss allowance to noncurrent loans
  • 23.39%Noncurrent assets plus other real estate owned to assets
  • 1.39%Noncurrent loans to loans
  • 1.62%Net loans and leases to deposits
  • 122.21%Net loans and leases to core deposits
  • 128.76%Equity capital to assets
  • 14.06%Core capital (leverage) ratio
  • 9.00%Tier 1 risk-based capital ratio
  • 13.54%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $48,731Average earning assets
  • $6,667Average equity
  • $44,245Average loans

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