First & Peoples Bank, Springfield, Kentucky - Overview
General
FDIC Certificate #: 8764 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Area Bank (#18478) Federal Reserve ID: 198747 Date Established: April 12, 1889 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 9275 FDIC's unique #: 5579 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: October 02, 2000 Last Structure Change Process Date: December 06, 2000 Last Data Update: December 06, 2000 Data Source Date: April 05, 2012
Location
Address: 110 East Main Street, Springfield, KY 40069 County: Washington Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Dallas FDIC Field Office: Elizabethtown Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $58.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
17Total employees (full-time equivalent)
$57,847Total assets
$2,220Cash and due from depository institutions
$26Interest-bearing balances
$15,664Securities
$3,900Federal funds sold & reverse repurchase agreements
$34,983Net loans & leases
$642Loan loss allowance
$0Trading account assets
$405Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$675All other assets
$57,847Total liabilities and capital
$53,873Total liabilities
$46,358Total deposits
$42,645Interest-bearing deposits
$46,358Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,239Other borrowed funds
$0Subordinated debt
$276All other liabilities
$3,974Total equity capital
$3,974Total bank equity capital
$3,974Perpetual preferred stock
$0Common stock
$300Surplus
$2,000Undivided profits
Memoranda
$1,674Noncurrent loans and leases
$4,038Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$18Earning assets
$0Long-term assets (5+ years)
$416Average Assets, year-to-date
$54,573Average Assets, quarterly
$9,782Volatile liabilities
$54,423Insider loans
$55,644FHLB advances
$10,460Loans and leases held for sale
$3,783Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,038Total unused commitments
$0Restructured Loans and leases
$558Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$4,026Total interest income
$1,845Total interest expense
$2,181Net interest income
$0Provision for loan and lease losses
$373Total noninterest income
$0Fiduciary activities
$322Service charges on deposit accounts
$0Trading account gains & fees
$51Additional noninterest income
$1,224Total noninterest expense
$567Salaries and employee benefits
$149Premises and equipment expense
$508Additional noninterest expense
$1,330Pre-tax net operating income
$11Securities gains (losses)
$436Applicable income taxes
$905Income before extraordinary items
$0Extraordinary gains - net
$905Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$56Sale, conversion, retirement of capital stock, net
$1,172Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.82%Yield on earning assets
3.58%Cost of funding earning assets
4.24%Net interest margin
0.72%Noninterest income to earning assets
2.38%Noninterest expense to earning assets
1.65%Net operating income to assets
1.66%Return on assets (ROA)
2.46%Pretax return on assets
21.37%Return on equity (ROE)
-6.31%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
23.75%Efficiency ratio
47,925Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
129.50%Loss allowance to loans
1.80%Loss allowance to noncurrent loans
3566.67%Noncurrent assets plus other real estate owned to assets
0.03%Noncurrent loans to loans
0.05%Net loans and leases to deposits
75.46%Net loans and leases to core deposits
83.50%Equity capital to assets
6.87%Core capital (leverage) ratio
7.57%Tier 1 risk-based capital ratio
9.08%Total risk-based capital ratio
Memoranda
$10Average assets
$54,423Average earning assets
$4,234Average equity
$51,495Average loans
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