First Southern National Bank of the Bluegrass in city_name, state_name

First Southern National Bank of the Bluegrass in Lexington, Kentucky (KY)
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First Southern National Bank of the Bluegrass - Overview

General
FDIC Certificate #: 12558
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Southern National Bank (#2700)
Federal Reserve ID: 1917963
Date Established: January 01, 1901
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 7985
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: 3060 Harrodsburg Road, Suite 205, Lexington, KY 40503
County: Fayette
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): Lexington-Fayette, KY (#30460)
CBSA Metro Statistical Area: Lexington-Fayette, KY (#30460)
Financial Summary
Total assets: $57.2 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
28Total employees (full-time equivalent)
$47,875Total assets
$1,600Cash and due from depository institutions
$100Interest-bearing balances
$8,297Securities
$675Federal funds sold & reverse repurchase agreements
$35,278Net loans & leases
$400Loan loss allowance
$0Trading account assets
$1,469Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$556All other assets
$47,875Total liabilities and capital
$44,199Total liabilities
$41,510Total deposits
$35,567Interest-bearing deposits
$41,510Deposits held in domestic offices
0.00%% insured (estimated)
$2,269Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$420All other liabilities
$3,676Total equity capital
$3,676Total bank equity capital
$3,676Perpetual preferred stock
$0Common stock
$120Surplus
$3,830Undivided profits
Memoranda
$-274Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$56Earning assets
$0Long-term assets (5+ years)
$297Average Assets, year-to-date
$44,350Average Assets, quarterly
$1,762Volatile liabilities
$42,806Insider loans
$46,138FHLB advances
$9,366Loans and leases held for sale
$859Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,294Total unused commitments
$0Restructured Loans and leases
$37,275Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$3,817Total interest income
$1,708Total interest expense
$2,109Net interest income
$100Provision for loan and lease losses
$153Total noninterest income
$0Fiduciary activities
$137Service charges on deposit accounts
$0Trading account gains & fees
$16Additional noninterest income
$1,957Total noninterest expense
$985Salaries and employee benefits
$367Premises and equipment expense
$605Additional noninterest expense
$205Pre-tax net operating income
$0Securities gains (losses)
$61Applicable income taxes
$144Income before extraordinary items
$0Extraordinary gains - net
$144Net 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)
9.70%Yield on earning assets
4.34%Cost of funding earning assets
5.36%Net interest margin
0.39%Noninterest income to earning assets
4.97%Noninterest expense to earning assets
0.34%Net operating income to assets
0.34%Return on assets (ROA)
0.48%Pretax return on assets
4.06%Return on equity (ROE)
4.06%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
86,516Assets per employee
1.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
714.29%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.16%Net loans and leases to deposits
84.99%Net loans and leases to core deposits
102.51%Equity capital to assets
7.68%Core capital (leverage) ratio
8.01%Tier 1 risk-based capital ratio
9.86%Total risk-based capital ratio
Memoranda
$11Average assets
$42,806Average earning assets
$3,545Average equity
$39,365Average loans

First Southern National Bank of the Bluegrass in Lexington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Southern National Bank of the Bluegrass - 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 the Bluegrass in Lexington, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

First Southern National Bank of the Bluegrass - 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 the Bluegrass in Lexington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches