First National Bank of Muhlenberg County, Kentucky in Central City, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Muhlenberg County, Kentucky - Overview

  • General
  • FDIC Certificate #: 2736
    Status: Active
    Federal Reserve ID: 718547
    Bank Holding Company (Regulatory Top Holder): First United, Inc. (RSSDID: 1096493, Location: Central City, KY)
    Date Established: January 01, 1902
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 9934
    FDIC's unique #: 1776
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 130 West Broad Street, Central City, KY 42330
    County: Muhlenberg
    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): Central City, KY (#16420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $156.6 mil
    Equity capital: $15.3 mil
    Deposits held in domestic offices: $126.5 mil
    Return on assets (ROA): 1.05% ($1.6 mil)
    Quarterly return on assets: 1.01% ($1.6 mil)
    Return on Equity (ROE): 10.46% ($1.6 mil)
    Quarterly return on equity: 9.95% ($1.5 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.40% ($2,192.7 mil)
    Quarterly Pretax return on assets: 1.34% ($2,098.7 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
  • 35Total employees (full-time equivalent)
  • $156,620Total assets
  • $20,684Cash and due from depository institutions
  • $18,181Interest-bearing balances
  • $42,366Securities
  • $346Federal funds sold & reverse repurchase agreements
  • $88,001Net loans & leases
  • $1,606Loan loss allowance
  • $0Trading account assets
  • $2,973Bank premises and fixed assets
  • $108Other real estate owned
  • $0Goodwill and other intangibles
  • $156,620Life insurance assets
  • $2,142All other assets
  • $141,357Total liabilities and capital
  • $126,459Total liabilities
  • $113,468Total deposits
  • $126,459Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 12953.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,021Trading liabilities
  • $0Other borrowed funds
  • $924Subordinated debt
  • $15,263All other liabilities
  • $15,263Total equity capital
  • $15,263Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $700Surplus
  • $14,263Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,352Income earned, not collected on loans
  • $0Earning assets
  • $593Long-term assets (5+ years)
  • $148,894Average Assets, year-to-date
  • $62,776Average Assets, quarterly
  • $146,312Volatile liabilities
  • $148,970Insider loans
  • $82,829FHLB advances
  • $145,814Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,172Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,891Restructured Loans and leases
  • $1,915Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,137Total interest income
  • $1,745Total interest expense
  • $5,392Net interest income
  • $360Provision for loan and lease losses
  • $791Total noninterest income
  • $0Fiduciary activities
  • $417Service charges on deposit accounts
  • $0Trading account gains & fees
  • $374Additional noninterest income
  • $3,765Total noninterest expense
  • $1,805Salaries and employee benefits
  • $426Premises and equipment expense
  • $1,534Additional noninterest expense
  • $2,058Pre-tax net operating income
  • -$3Securities gains (losses)
  • $520Applicable income taxes
  • $1,535Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,535Net income attributable to bank
  • $0Net charge-offs
  • $1,535Cash dividends
  • $75Sale, conversion, retirement of capital stock, net
  • $1,651Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.15%Yield on earning assets
  • 1.26%Cost of funding earning assets
  • 3.89%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 2.72%Noninterest expense to earning assets
  • 1.05%Net operating income to assets
  • 1.05%Return on assets (ROA)
  • 1.40%Pretax return on assets
  • 10.46%Return on equity (ROE)
  • -0.79%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 480.00%Credit loss provision to net charge-offs
  • 32.24%Efficiency ratio
  • 60,893Assets per employee
  • 4.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 107.56%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 118.79%Noncurrent assets plus other real estate owned to assets
  • 0.93%Noncurrent loans to loans
  • 1.51%Net loans and leases to deposits
  • 69.59%Net loans and leases to core deposits
  • 89.81%Equity capital to assets
  • 9.75%Core capital (leverage) ratio
  • 9.72%Tier 1 risk-based capital ratio
  • 17.11%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $146,312Average earning assets
  • $14,672Average equity
  • $138,546Average loans

List of branches

  • 3 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01776First National Bank Of Muhlenberg County, Kentucky130 West Broad Street, Central City, KY 42330January 01, 1902Full Service Brick and Mortar
    1194031Bremen BranchMain And Church Streets, Bremen, KY 42325July 28, 1975Full Service Brick and Mortar
    3360870Greenville Branch401 North Main Street, Greenville, KY 42345July 02, 2000Full Service Brick and Mortar

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