First Security Bank of Owensboro, Inc. in Owensboro, Kentucky (KY), IN
Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Bank of Owensboro, Inc. - Overview

  • General
  • FDIC Certificate #: 34524
    Status: Active
    Federal Reserve ID: 2586281
    Bank Holding Company (Regulatory Top Holder): First Security, Inc. (RSSDID: 2917287, Location: Owensboro, KY)
    Date Established: August 20, 1997
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 8, Interstate: Yes)
    OTS Docket #: 15979
    FDIC's unique #: 59031
    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: Commercial Lending Specialization
    Date of Deposit Insurance: August 20, 1997
    Last Structure Change Effective Date: July 22, 2010
    Last Structure Change Process Date: August 10, 2010
    Last Data Update: August 10, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Frederica Street, Owensboro, KY 42301
    County: Daviess
    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
    Metropolitan Statistical Area (MSA): Owensboro, KY (#5990)
    Core Based Statistical Area (CBSA): Owensboro, KY (#36980)
    CBSA Metro Statistical Area: Owensboro, KY (#36980)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $368.6 mil
    Equity capital: $38.5 mil
    Deposits held in domestic offices: $308.1 mil
    Return on assets (ROA): 0.86% ($3.2 mil)
    Quarterly return on assets: 0.99% ($3.7 mil)
    Return on Equity (ROE): 8.39% ($3.2 mil)
    Quarterly return on equity: 9.47% ($3.6 mil)
    Net income: $3.1 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.30% ($4,791.5 mil)
    Quarterly Pretax return on assets: 1.51% ($5,565.5 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
  • 109Total employees (full-time equivalent)
  • $368,578Total assets
  • $11,255Cash and due from depository institutions
  • $4,812Interest-bearing balances
  • $31,731Securities
  • $80Federal funds sold & reverse repurchase agreements
  • $289,805Net loans & leases
  • $2,715Loan loss allowance
  • $0Trading account assets
  • $9,277Bank premises and fixed assets
  • $1,730Other real estate owned
  • $6,379Goodwill and other intangibles
  • $368,578Life insurance assets
  • $18,321All other assets
  • $330,115Total liabilities and capital
  • $308,068Total liabilities
  • $271,880Total deposits
  • $308,068Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 17727.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,320Subordinated debt
  • $38,463All other liabilities
  • $38,463Total equity capital
  • $38,463Total bank equity capital
  • $0Perpetual preferred stock
  • $3,804Common stock
  • $26,343Surplus
  • $8,316Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,857Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,764Income earned, not collected on loans
  • $0Earning assets
  • $1,509Long-term assets (5+ years)
  • $326,428Average Assets, year-to-date
  • $83,076Average Assets, quarterly
  • $358,309Volatile liabilities
  • $368,146Insider loans
  • $276,819FHLB advances
  • $365,388Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $31,759Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $38,610Restructured Loans and leases
  • $5,273Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,204Total interest income
  • $3,538Total interest expense
  • $14,666Net interest income
  • $1,600Provision for loan and lease losses
  • $2,134Total noninterest income
  • $0Fiduciary activities
  • $513Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,621Additional noninterest income
  • $11,474Total noninterest expense
  • $5,640Salaries and employee benefits
  • $1,777Premises and equipment expense
  • $4,057Additional noninterest expense
  • $3,726Pre-tax net operating income
  • $940Securities gains (losses)
  • $1,575Applicable income taxes
  • $3,091Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,091Net income attributable to bank
  • $0Net charge-offs
  • $3,091Cash dividends
  • $926Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.56%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 4.48%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 3.50%Noninterest expense to earning assets
  • 0.69%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 8.39%Return on equity (ROE)
  • 8.39%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 172.79%Credit loss provision to net charge-offs
  • 5.75%Efficiency ratio
  • 66,524Assets per employee
  • 3.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.93%Loss allowance to noncurrent loans
  • 72.13%Noncurrent assets plus other real estate owned to assets
  • 1.49%Noncurrent loans to loans
  • 1.29%Net loans and leases to deposits
  • 94.07%Net loans and leases to core deposits
  • 97.27%Equity capital to assets
  • 10.44%Core capital (leverage) ratio
  • 8.69%Tier 1 risk-based capital ratio
  • 11.47%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $358,309Average earning assets
  • $36,857Average equity
  • $327,530Average loans

List of branches

  • 1 Indiana Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    3485222Evansville Branch123 Green River Road, Evansville, IN 47715January 02, 2009Full Service Brick and Mortar
  • 8 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    059031First Security Bank Of Owensboro, Inc.300 Frederica Street, Owensboro, KY 42301August 20, 1997Full Service Brick and Mortar
    1290677Owensboro Branch3560 South Frederica, Owensboro, KY 42301March 10, 1998Full Service Brick and Mortar
    441659Bowling Green Downtown Office1018 Chestnut St, Bowling Green, KY 42101January 01, 1928Full Service Brick and Mortar
    5270864Franklin Office303 North Main Street, Franklin, KY 42135January 01, 1928Full Service Brick and Mortar
    6270865Scottsville Rd Office2009 Scottsville Road, Bowling Green, KY 42104October 28, 1991Full Service Brick and Mortar
    7270866Greenwood Mall Office1960 Cave Mill Road, Bowling Green, KY 42104January 17, 1996Full Service Brick and Mortar
    8425247Campbell Lane Office771 Campbell Lane, Bowling Green, KY 42104January 20, 2004Full Service Brick and Mortar
    9529510Lexington Ky Branch2352 Sir Barton Way, Lexington, KY 40509March 02, 2012Full Service Brick and Mortar

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