First Kentucky Bank, Inc. in Mayfield, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Kentucky Bank, Inc. - Overview

  • General
  • FDIC Certificate #: 21247
    Status: Active
    Federal Reserve ID: 263243
    Bank Holding Company (Regulatory Top Holder): Exchange Bancshares, Inc. (RSSDID: 1096176, Location: Mayfield, KY)
    Date Established: January 01, 1899
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Domestic: 12, Interstate: No)
    OTS Docket #: 10753
    FDIC's unique #: 14693
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: September 24, 1973
    Last Structure Change Effective Date: October 21, 2006
    Last Structure Change Process Date: October 25, 2006
    Last Data Update: October 25, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 223 South Sixth Street, Mayfield, KY 42066
    County: Graves
    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
    Combined Statistical Area (CSA): Paducah-Mayfield, KY-IL (#424)
    Core Based Statistical Area (CBSA): Mayfield, KY (#32460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $369.9 mil
    Equity capital: $36.9 mil
    Deposits held in domestic offices: $313.6 mil
    Return on assets (ROA): 1.24% ($4.6 mil)
    Quarterly return on assets: 1.12% ($4.1 mil)
    Return on Equity (ROE): 12.39% ($4.6 mil)
    Quarterly return on equity: 11.01% ($4.1 mil)
    Net income: $4.6 mil
    Quarterly Net income: $1.0 mil
    Pretax return on assets: 1.24% ($4,586.4 mil)
    Quarterly Pretax return on assets: 1.12% ($4,142.5 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, 2011)

  • Dollar figures in thousands
  • 129Total employees (full-time equivalent)
  • $369,867Total assets
  • $8,931Cash and due from depository institutions
  • $22Interest-bearing balances
  • $73,730Securities
  • $1,648Federal funds sold & reverse repurchase agreements
  • $263,055Net loans & leases
  • $3,599Loan loss allowance
  • $0Trading account assets
  • $13,770Bank premises and fixed assets
  • $352Other real estate owned
  • $1,966Goodwill and other intangibles
  • $369,867Life insurance assets
  • $6,415All other assets
  • $333,015Total liabilities and capital
  • $313,650Total liabilities
  • $252,217Total deposits
  • $313,650Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 2265.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $14,573Trading liabilities
  • $0Other borrowed funds
  • $2,527Subordinated debt
  • $36,852All other liabilities
  • $36,852Total equity capital
  • $36,852Total bank equity capital
  • $0Perpetual preferred stock
  • $90Common stock
  • $26,301Surplus
  • $10,461Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $766Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,611Income earned, not collected on loans
  • $1,055Earning assets
  • $1,871Long-term assets (5+ years)
  • $338,455Average Assets, year-to-date
  • $166,793Average Assets, quarterly
  • $368,244Volatile liabilities
  • $368,856Insider loans
  • $248,397FHLB advances
  • $364,257Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $32,214Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $27,794Restructured Loans and leases
  • $456Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,172Total interest income
  • $3,160Total interest expense
  • $15,012Net interest income
  • $1,000Provision for loan and lease losses
  • $2,670Total noninterest income
  • $0Fiduciary activities
  • $1,653Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,017Additional noninterest income
  • $12,214Total noninterest expense
  • $6,124Salaries and employee benefits
  • $1,838Premises and equipment expense
  • $4,252Additional noninterest expense
  • $4,468Pre-tax net operating income
  • $99Securities gains (losses)
  • $0Applicable income taxes
  • $4,567Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,567Net income attributable to bank
  • $0Net charge-offs
  • $4,567Cash dividends
  • $892Sale, conversion, retirement of capital stock, net
  • $4,935Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.37%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 4.44%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 3.61%Noninterest expense to earning assets
  • 1.21%Net operating income to assets
  • 1.24%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 12.39%Return on equity (ROE)
  • -1.00%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 112.11%Credit loss provision to net charge-offs
  • 6.13%Efficiency ratio
  • 66,893Assets per employee
  • 2.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 108.06%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 137.84%Noncurrent assets plus other real estate owned to assets
  • 0.80%Noncurrent loans to loans
  • 0.98%Net loans and leases to deposits
  • 83.87%Net loans and leases to core deposits
  • 87.05%Equity capital to assets
  • 9.96%Core capital (leverage) ratio
  • 8.84%Tier 1 risk-based capital ratio
  • 12.97%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $368,244Average earning assets
  • $36,854Average equity
  • $338,212Average loans

List of branches

  • 11 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014693First Kentucky Bank, Inc.223 South Sixth Street, Mayfield, KY 42066January 01, 1899Full Service Brick and Mortar
    1252526Drive-Up Facility214 South Seventh Street, Mayfield, KY 42066March 08, 1982Limited Service Facility
    241796Central City Branch109 North Second Street, Central City, KY 42330June 01, 1934Full Service Brick and Mortar
    3271955Greenville Branch145 North Main Street, Greenville, KY 42345June 01, 1934Full Service Brick and Mortar
    8364482South Office Branch1708 State Route 121 South, Mayfield, KY 42066September 12, 2001Full Service Brick and Mortar
    9425707Draffenville Branch30 U.S. Highway 68 West, Benton, KY 42025Febuary 02, 2004Full Service Brick and Mortar
    105173Bardwell Branch400 Us Hwy 51 North, Bardwell, KY 42023January 01, 1895Full Service Brick and Mortar
    11217961Cunningham Branch8141 Ushwy 62, Cunningham, KY 42035January 03, 1977Full Service Brick and Mortar
    13465428Benton Branch605 Main Street, Benton, KY 42025September 08, 2006Full Service Brick and Mortar
    14478470Grand Rivers Branch1861 Jh O'bryan Avenue, Grand Rivers, KY 42045July 11, 2007Full Service Brick and Mortar
    15529943Beaver Dam Ky Branch1331 North Main Street, Beaver Dam, KY 42320March 19, 2012Full Service Brick and Mortar

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