First National Bank of La Center in La Center, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 17, 1994

  • First National Bank of La Center in La Center, Kentucky (KY)
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First National Bank of La Center - Overview

  • General
  • FDIC Certificate #: 17275
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank of Kentucky, National Association (#2763)
    Federal Reserve ID: 568845
    Date Established: January 02, 1954
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 11295
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 02, 1954
    Last Structure Change Effective Date: November 17, 1994
    Last Structure Change Process Date: November 29, 1994
    Last Data Update: November 29, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Third And Broadway East, La Center, KY 42056
    County: Ballard
    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): Paducah, KY-IL (#37140)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $37.1 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)
  • $13Total assets
  • $36,184Cash and due from depository institutions
  • $872Interest-bearing balances
  • $0Securities
  • $12,210Federal funds sold & reverse repurchase agreements
  • $1,700Net loans & leases
  • $20,334Loan loss allowance
  • $465Trading account assets
  • $0Bank premises and fixed assets
  • $356Other real estate owned
  • $0Goodwill and other intangibles
  • $609Life insurance assets
  • $103All other assets
  • $0Total liabilities and capital
  • $36,184Total liabilities
  • $32,993Total deposits
  • $30,848Interest-bearing deposits
  • $27,944Deposits held in domestic offices
  • 30848.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $1,892Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $253Total equity capital
  • $253Total bank equity capital
  • $3,191Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $1,790Undivided profits
  • Memoranda
  • $1,251Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4Income earned, not collected on loans
  • $257Earning assets
  • $34,244Long-term assets (5+ years)
  • $3,479Average Assets, year-to-date
  • $36,418Average Assets, quarterly
  • $36,239Volatile liabilities
  • $3,761Insider loans
  • $1,154FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,599Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,077Total risk weighted assets
  • $20,275Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,729Total interest expense
  • $1,198Net interest income
  • $1,531Provision for loan and lease losses
  • $92Total noninterest income
  • $200Fiduciary activities
  • $0Service charges on deposit accounts
  • $149Trading account gains & fees
  • $0Additional noninterest income
  • $51Total noninterest expense
  • $874Salaries and employee benefits
  • $303Premises and equipment expense
  • $59Additional noninterest expense
  • $512Pre-tax net operating income
  • $765Securities gains (losses)
  • $8Applicable income taxes
  • $200Income before extraordinary items
  • $573Extraordinary gains - net
  • $0Net income attributable to bank
  • $573Net charge-offs
  • -$6Cash dividends
  • $400Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.89%Cost of funding earning assets
  • 3.47%Net interest margin
  • 4.43%Noninterest income to earning assets
  • 0.58%Noninterest expense to earning assets
  • 2.53%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 1.57%Pretax return on assets
  • 2.12%Return on equity (ROE)
  • 18.41%Retained earnings to average equity (YTD only)
  • 5.56%Net charge-offs to loans
  • -0.03%Credit loss provision to net charge-offs
  • -1533.33%Efficiency ratio
  • 49,798Assets per employee
  • 2.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.81%Loss allowance to loans
  • 2.24%Loss allowance to noncurrent loans
  • 11625.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.02%Net loans and leases to deposits
  • 65.92%Net loans and leases to core deposits
  • 70.17%Equity capital to assets
  • 8.82%Core capital (leverage) ratio
  • 8.52%Tier 1 risk-based capital ratio
  • 15.18%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $36,418Average earning assets
  • $3,113Average equity
  • $34,571Average loans

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