First United Bank and Trust Company in Madisonville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


First United Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 34150
    Status: Active
    Federal Reserve ID: 2356091
    Bank Holding Company (Regulatory Top Holder): First United Bancorp, Inc. (RSSDID: 2356082, Location: Madisonville, KY)
    Date Established: March 29, 1996
    WWW: http://www.efirstunitedbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 56295
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: March 29, 1996
    Last Structure Change Effective Date: June 01, 2008
    Last Structure Change Process Date: June 03, 2008
    Last Data Update: June 03, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 162 North Main Street, Madisonville, KY 42431
    County: Hopkins
    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): Madisonville, KY (#31580)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $209.7 mil
    Equity capital: $24.1 mil
    Deposits held in domestic offices: $146.1 mil
    Return on assets (ROA): 0.93% ($2.0 mil)
    Quarterly return on assets: 0.84% ($1.8 mil)
    Return on Equity (ROE): 9.01% ($2.2 mil)
    Quarterly return on equity: 7.47% ($1.8 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.40% ($2,935.5 mil)
    Quarterly Pretax return on assets: 1.48% ($3,103.2 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
  • 58Total employees (full-time equivalent)
  • $209,676Total assets
  • $9,365Cash and due from depository institutions
  • $516Interest-bearing balances
  • $73,504Securities
  • $1,415Federal funds sold & reverse repurchase agreements
  • $115,299Net loans & leases
  • $2,137Loan loss allowance
  • $0Trading account assets
  • $3,423Bank premises and fixed assets
  • $192Other real estate owned
  • $0Goodwill and other intangibles
  • $209,676Life insurance assets
  • $6,478All other assets
  • $185,557Total liabilities and capital
  • $146,097Total liabilities
  • $123,893Total deposits
  • $146,097Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 28033.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,403Trading liabilities
  • $0Other borrowed funds
  • $1,024Subordinated debt
  • $24,119All other liabilities
  • $24,119Total equity capital
  • $24,119Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $7,545Surplus
  • $16,374Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $376Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $685Income earned, not collected on loans
  • $0Earning assets
  • $783Long-term assets (5+ years)
  • $190,734Average Assets, year-to-date
  • $76,638Average Assets, quarterly
  • $208,957Volatile liabilities
  • $207,606Insider loans
  • $117,086FHLB advances
  • $208,727Loans and leases held for sale
  • $4,230Unused loan commitments
  • $4,230Tier 1 (core) risk-based capital
  • $20,455Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,402Restructured Loans and leases
  • $1,205Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,593Total interest income
  • $1,778Total interest expense
  • $7,815Net interest income
  • $557Provision for loan and lease losses
  • $1,867Total noninterest income
  • $77Fiduciary activities
  • $620Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,170Additional noninterest income
  • $5,988Total noninterest expense
  • $3,034Salaries and employee benefits
  • $536Premises and equipment expense
  • $2,418Additional noninterest expense
  • $3,137Pre-tax net operating income
  • -$203Securities gains (losses)
  • $998Applicable income taxes
  • $1,936Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,936Net income attributable to bank
  • $0Net charge-offs
  • $1,936Cash dividends
  • $199Sale, conversion, retirement of capital stock, net
  • $297Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 4.13%Net interest margin
  • 0.99%Noninterest income to earning assets
  • 3.16%Noninterest expense to earning assets
  • 0.99%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 1.40%Pretax return on assets
  • 9.01%Return on equity (ROE)
  • 7.62%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 279.90%Credit loss provision to net charge-offs
  • 18.56%Efficiency ratio
  • 61,847Assets per employee
  • 3.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.34%Loss allowance to loans
  • 1.82%Loss allowance to noncurrent loans
  • 311.97%Noncurrent assets plus other real estate owned to assets
  • 0.42%Noncurrent loans to loans
  • 0.58%Net loans and leases to deposits
  • 78.92%Net loans and leases to core deposits
  • 81.28%Equity capital to assets
  • 11.50%Core capital (leverage) ratio
  • 9.80%Tier 1 risk-based capital ratio
  • 17.47%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $208,957Average earning assets
  • $21,497Average equity
  • $189,452Average 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
  • $13,517Managed Assets
  • 1Number of Accounts
  • $12,223Personal trust and agency accounts
  • $9,606Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $192Corporate trust and agency accounts
  • $4Investment management agency accounts
  • $2,321Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $100Non-managed Assets
  • 45Number of Accounts
  • $0Personal trust and agency accounts
  • $192Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,294Other retirement accounts
  • $1,177Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $116Fiduciary accounts held in foreign offices

List of branches

  • 3 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    056295First United Bank And Trust Company162 North Main Street, Madisonville, KY 42431March 29, 1996Full Service Brick and Mortar
    1363307Northside Office Branch1080 North Main Street, Madisonville, KY 42431March 06, 2002Full Service Brick and Mortar
    2453529Earlington Office Branch101 East Main Street, Earlington, KY 42410June 22, 2006Full Service Brick and Mortar

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