First Southern National Bank of Madison County in city_name, state_name

First Southern National Bank of Madison County in Richmond, Kentucky (KY)
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First Southern National Bank of Madison County - Overview

General
FDIC Certificate #: 2727
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Southern National Bank (#2700)
Federal Reserve ID: 1904664
Date Established: August 09, 1898
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 1768
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 17, 1998
Last Structure Change Process Date: January 06, 1999
Last Data Update: January 06, 1999
Data Source Date: April 05, 2012
Location
Address: 894 Richmond Plaza, Richmond, KY 40475
County: Madison
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Dallas
FDIC Field Office: Lexington
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Lexington, KY (#4280)
Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
Core Based Statistical Area (CBSA): Richmond-Berea, KY (#40080)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $24.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
14Total employees (full-time equivalent)
$19,700Total assets
$866Cash and due from depository institutions
$100Interest-bearing balances
$9,486Securities
$0Federal funds sold & reverse repurchase agreements
$6,997Net loans & leases
$250Loan loss allowance
$0Trading account assets
$1,878Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$473All other assets
$19,700Total liabilities and capital
$17,884Total liabilities
$17,668Total deposits
$15,164Interest-bearing deposits
$17,668Deposits held in domestic offices
0.00%% insured (estimated)
$25Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$191All other liabilities
$1,816Total equity capital
$1,816Total bank equity capital
$1,816Perpetual preferred stock
$0Common stock
$283Surplus
$1,917Undivided profits
Memoranda
$-384Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$93Average Assets, year-to-date
$16,583Average Assets, quarterly
$5,695Volatile liabilities
$13,470Insider loans
$18,104FHLB advances
$4,157Loans and leases held for sale
$151Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$954Total unused commitments
$0Restructured Loans and leases
$10,379Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$963Total interest income
$538Total interest expense
$425Net interest income
$150Provision for loan and lease losses
$32Total noninterest income
$0Fiduciary activities
$28Service charges on deposit accounts
$0Trading account gains & fees
$4Additional noninterest income
$980Total noninterest expense
$522Salaries and employee benefits
$135Premises and equipment expense
$323Additional noninterest expense
-$673Pre-tax net operating income
$0Securities gains (losses)
-$233Applicable income taxes
-$440Income before extraordinary items
$0Extraordinary gains - net
-$440Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.49%Yield on earning assets
4.74%Cost of funding earning assets
3.75%Net interest margin
0.28%Noninterest income to earning assets
8.64%Noninterest expense to earning assets
-3.27%Net operating income to assets
-3.27%Return on assets (ROA)
-5.00%Pretax return on assets
-29.05%Return on equity (ROE)
-29.05%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
214,442Assets per employee
1.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.45%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
39.60%Net loans and leases to core deposits
51.69%Equity capital to assets
9.22%Core capital (leverage) ratio
9.85%Tier 1 risk-based capital ratio
17.47%Total risk-based capital ratio
Memoranda
$19Average assets
$13,470Average earning assets
$1,514Average equity
$11,346Average loans

First Southern National Bank of Madison County in Richmond, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Southern National Bank of Madison County - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

First Southern National Bank of Madison County in Richmond, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

First Southern National Bank of Madison County - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

First Southern National Bank of Madison County in Richmond, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches