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


First Security Bank of Kentucky - Overview

  • General
  • FDIC Certificate #: 19106
    Status: Active
    Federal Reserve ID: 633341
    Bank Holding Company (Regulatory Top Holder): Community Bancorp Of Kentucky, Inc. (RSSDID: 1119440, Location: Central City, KY)
    Date Established: January 04, 1904
    WWW: http://www.fsbky.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 11713
    FDIC's unique #: 12938
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: April 16, 1964
    Last Structure Change Effective Date: August 24, 2011
    Last Structure Change Process Date: September 09, 2011
    Last Data Update: September 09, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 110 North First 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
  • Change in Location
  • Financial Summary
  • Total assets: $68.7 mil
    Equity capital: $5.5 mil
    Deposits held in domestic offices: $58.9 mil
    Return on assets (ROA): 0.42% ($0.3 mil)
    Quarterly return on assets: 0.53% ($0.4 mil)
    Return on Equity (ROE): 5.29% ($0.3 mil)
    Quarterly return on equity: 6.81% ($0.3 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.42% ($288.4 mil)
    Quarterly Pretax return on assets: 0.53% ($363.9 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
  • 26Total employees (full-time equivalent)
  • $68,667Total assets
  • $7,334Cash and due from depository institutions
  • $4,080Interest-bearing balances
  • $3,864Securities
  • $86Federal funds sold & reverse repurchase agreements
  • $53,934Net loans & leases
  • $783Loan loss allowance
  • $0Trading account assets
  • $1,676Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $68,667Life insurance assets
  • $1,773All other assets
  • $63,196Total liabilities and capital
  • $58,866Total liabilities
  • $51,230Total deposits
  • $58,866Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,056Trading liabilities
  • $0Other borrowed funds
  • $274Subordinated debt
  • $5,471All other liabilities
  • $5,471Total equity capital
  • $5,471Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $5,692Surplus
  • $-271Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,303Income earned, not collected on loans
  • $0Earning assets
  • $540Long-term assets (5+ years)
  • $61,964Average Assets, year-to-date
  • $3,301Average Assets, quarterly
  • $63,835Volatile liabilities
  • $67,451Insider loans
  • $51,284FHLB advances
  • $68,071Loans and leases held for sale
  • $381Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,377Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $381Total unused commitments
  • $4,447Restructured Loans and leases
  • $1,041Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,476Total interest income
  • $753Total interest expense
  • $2,723Net interest income
  • $255Provision for loan and lease losses
  • $415Total noninterest income
  • $0Fiduciary activities
  • $215Service charges on deposit accounts
  • $0Trading account gains & fees
  • $200Additional noninterest income
  • $2,618Total noninterest expense
  • $1,295Salaries and employee benefits
  • $340Premises and equipment expense
  • $983Additional noninterest expense
  • $265Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $265Income before extraordinary items
  • $0Extraordinary gains - net
  • $265Net income attributable to bank
  • $0Net charge-offs
  • $265Cash dividends
  • $67Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.86%Yield on earning assets
  • 1.27%Cost of funding earning assets
  • 4.59%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 4.41%Noninterest expense to earning assets
  • 0.42%Net operating income to assets
  • 0.42%Return on assets (ROA)
  • 0.42%Pretax return on assets
  • 5.29%Return on equity (ROE)
  • 5.29%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 380.60%Credit loss provision to net charge-offs
  • 7.76%Efficiency ratio
  • 83,429Assets per employee
  • 2.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 60.09%Noncurrent assets plus other real estate owned to assets
  • 1.90%Noncurrent loans to loans
  • 2.38%Net loans and leases to deposits
  • 91.62%Net loans and leases to core deposits
  • 103.14%Equity capital to assets
  • 7.97%Core capital (leverage) ratio
  • 7.90%Tier 1 risk-based capital ratio
  • 10.48%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $63,835Average earning assets
  • $5,008Average equity
  • $59,329Average 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
  • $866Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 14Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $866Other retirement accounts
  • $22Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $783Fiduciary accounts held in foreign offices

List of branches

  • 5 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012938First Security Bank Of Kentucky110 North First Street, Central City, KY 42330January 04, 1904Full Service Brick and Mortar
    3479179Livermore Office Branch201 East Third Street, Livermore, KY 42352December 03, 2007Full Service Brick and Mortar
    4510229Greenville Branch112 West Depot Street, Greenville, KY 42345June 30, 2010Full Service Brick and Mortar
    5521547Central City Branch110 North First Street, Central City, KY 42330July 18, 2011Full Service Brick and Mortar
    6522243Calhoun Ky BranchOne Veterans Memorial Drive, Calhoun, KY 42327August 24, 2011Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Security Bank of Kentucky.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents