First & Peoples Bank and Trust Company in Russell, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


First & Peoples Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 8122
    Status: Active
    Federal Reserve ID: 391418
    Bank Holding Company (Regulatory Top Holder): First & Peoples Bancshares, Inc. (RSSDID: 1363935, Location: Russell, KY)
    Date Established: Febuary 28, 1932
    WWW: http://www.firstandpeoplesbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 5171
    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: No
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 25, 2010
    Last Structure Change Process Date: March 30, 2010
    Last Data Update: March 30, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1001 Deidrich Boulevard, Russell, KY 41169
    County: Greenup
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Huntington-Ashland, WV-KY-OH (#3400)
    Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580)
    CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580)
  • History of Changes
  • Change in Location
    Name Change
  • Financial Summary
  • Total assets: $195.4 mil
    Equity capital: $35.0 mil
    Deposits held in domestic offices: $158.8 mil
    Return on assets (ROA): 0.28% ($0.5 mil)
    Quarterly return on assets: 0.58% ($1.1 mil)
    Return on Equity (ROE): 1.56% ($0.5 mil)
    Quarterly return on equity: 3.23% ($1.1 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.31% ($605.9 mil)
    Quarterly Pretax return on assets: 0.58% ($1,133.6 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
  • 72Total employees (full-time equivalent)
  • $195,440Total assets
  • $9,281Cash and due from depository institutions
  • $3,662Interest-bearing balances
  • $107,712Securities
  • $129Federal funds sold & reverse repurchase agreements
  • $72,626Net loans & leases
  • $1,880Loan loss allowance
  • $0Trading account assets
  • $2,402Bank premises and fixed assets
  • $66Other real estate owned
  • $0Goodwill and other intangibles
  • $195,440Life insurance assets
  • $3,224All other assets
  • $160,436Total liabilities and capital
  • $158,783Total liabilities
  • $129,492Total deposits
  • $158,783Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,653Subordinated debt
  • $35,004All other liabilities
  • $35,004Total equity capital
  • $35,004Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $6,000Surplus
  • $28,604Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,260Income earned, not collected on loans
  • $0Earning assets
  • $803Long-term assets (5+ years)
  • $184,129Average Assets, year-to-date
  • $142,884Average Assets, quarterly
  • $193,292Volatile liabilities
  • $194,944Insider loans
  • $87,379FHLB advances
  • $196,435Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $36,442Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,039Restructured Loans and leases
  • $1,737Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,645Total interest income
  • $797Total interest expense
  • $6,848Net interest income
  • $266Provision for loan and lease losses
  • $915Total noninterest income
  • $224Fiduciary activities
  • $495Service charges on deposit accounts
  • $0Trading account gains & fees
  • $196Additional noninterest income
  • $6,977Total noninterest expense
  • $4,199Salaries and employee benefits
  • $885Premises and equipment expense
  • $1,893Additional noninterest expense
  • $520Pre-tax net operating income
  • $71Securities gains (losses)
  • $58Applicable income taxes
  • $533Income before extraordinary items
  • $0Extraordinary gains - net
  • $533Net income attributable to bank
  • $0Net charge-offs
  • $533Cash dividends
  • $1,136Sale, conversion, retirement of capital stock, net
  • $329Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.22%Yield on earning assets
  • 0.44%Cost of funding earning assets
  • 3.78%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 3.85%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.31%Pretax return on assets
  • 1.56%Return on equity (ROE)
  • 0.60%Retained earnings to average equity (YTD only)
  • 1.43%Net charge-offs to loans
  • 23.42%Credit loss provision to net charge-offs
  • 0.69%Efficiency ratio
  • 89,875Assets per employee
  • 2.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 61.73%Loss allowance to loans
  • 2.52%Loss allowance to noncurrent loans
  • 44.13%Noncurrent assets plus other real estate owned to assets
  • 2.21%Noncurrent loans to loans
  • 5.72%Net loans and leases to deposits
  • 45.74%Net loans and leases to core deposits
  • 48.16%Equity capital to assets
  • 17.91%Core capital (leverage) ratio
  • 18.55%Tier 1 risk-based capital ratio
  • 41.71%Total risk-based capital ratio
  • Memoranda
  • $43Average assets
  • $193,292Average earning assets
  • $34,128Average equity
  • $181,095Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $31,053Managed Assets
  • 1Number of Accounts
  • $30,038Personal trust and agency accounts
  • $4,297Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $12,032Corporate trust and agency accounts
  • $321Investment management agency accounts
  • $13,388Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 492Number of Accounts
  • $0Personal trust and agency accounts
  • $12,032Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,015Other retirement accounts
  • $2Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $342Fiduciary accounts held in foreign offices

List of branches

  • 6 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05171First & Peoples Bank And Trust Compa1001 Deidrich Boulevard, Russell, KY 41169Febuary 28, 1932Full Service Brick and Mortar
    1217956Flatwoods BranchArgilite Road, Flatwoods, KY 41139December 21, 1964Full Service Brick and Mortar
    2217957Greenup BranchMain Street, Greenup, KY 41144Febuary 11, 1935Full Service Brick and Mortar
    3217958South Shore Branch800 Main Street, South Shore, KY 41175September 20, 1957Full Service Brick and Mortar
    4217959Ashland Plaza BranchAshland Plaza Shopping Center, Russell, KY 41169January 22, 1970Full Service Brick and Mortar
    5217960Ferry Street Branch400 Ferry Street, Russell, KY 41169October 17, 1983Full Service Brick and Mortar

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