Grant County Deposit Bank in Williamstown, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Grant County Deposit Bank - Overview

  • General
  • FDIC Certificate #: 9311
    Status: Active
    Federal Reserve ID: 489016
    Bank Holding Company (Regulatory Top Holder): Grant County Bancorp, Inc. (RSSDID: 1130070, Location: Williamstown, KY)
    Date Established: Febuary 02, 1882
    WWW: http://www.gcdb.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 5966
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 106 North Main Street, Williamstown, KY 41097
    County: Grant
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Cincinnati, OH-KY-IN (#1640)
    Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21)
    Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178)
    Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140)
    CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $89.0 mil
    Equity capital: $9.7 mil
    Deposits held in domestic offices: $72.5 mil
    Return on assets (ROA): -0.41% (-$0.4 mil)
    Quarterly return on assets: 0.17% ($0.2 mil)
    Return on Equity (ROE): -3.79% (-$0.4 mil)
    Quarterly return on equity: 1.57% ($0.2 mil)
    Net income: -$0.4 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.64% (-$569.7 mil)
    Quarterly Pretax return on assets: 0.24% ($213.6 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
  • 40Total employees (full-time equivalent)
  • $89,015Total assets
  • $13,873Cash and due from depository institutions
  • $4,223Interest-bearing balances
  • $16,049Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $54,592Net loans & leases
  • $1,469Loan loss allowance
  • $0Trading account assets
  • $1,325Bank premises and fixed assets
  • $1,568Other real estate owned
  • $0Goodwill and other intangibles
  • $89,015Life insurance assets
  • $1,608All other assets
  • $79,341Total liabilities and capital
  • $72,514Total liabilities
  • $66,099Total deposits
  • $72,514Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 468.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,142Trading liabilities
  • $0Other borrowed funds
  • $217Subordinated debt
  • $9,674All other liabilities
  • $9,674Total equity capital
  • $9,674Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $3,800Surplus
  • $5,274Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,646Income earned, not collected on loans
  • $0Earning assets
  • $550Long-term assets (5+ years)
  • $74,864Average Assets, year-to-date
  • $27,492Average Assets, quarterly
  • $89,075Volatile liabilities
  • $88,707Insider loans
  • $52,716FHLB advances
  • $89,586Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,669Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $353Restructured Loans and leases
  • $2,017Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,484Total interest income
  • $711Total interest expense
  • $3,773Net interest income
  • $1,480Provision for loan and lease losses
  • $568Total noninterest income
  • $1Fiduciary activities
  • $484Service charges on deposit accounts
  • $0Trading account gains & fees
  • $83Additional noninterest income
  • $3,434Total noninterest expense
  • $1,818Salaries and employee benefits
  • $339Premises and equipment expense
  • $1,277Additional noninterest expense
  • -$573Pre-tax net operating income
  • $1Securities gains (losses)
  • -$205Applicable income taxes
  • -$367Income before extraordinary items
  • $0Extraordinary gains - net
  • -$367Net income attributable to bank
  • $0Net charge-offs
  • -$367Cash dividends
  • $676Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.69%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 4.79%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 4.36%Noninterest expense to earning assets
  • -0.41%Net operating income to assets
  • -0.41%Return on assets (ROA)
  • -0.64%Pretax return on assets
  • -3.79%Return on equity (ROE)
  • -3.79%Retained earnings to average equity (YTD only)
  • 1.13%Net charge-offs to loans
  • 218.93%Credit loss provision to net charge-offs
  • 1.34%Efficiency ratio
  • 78,968Assets per employee
  • 2.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.62%Loss allowance to noncurrent loans
  • 40.29%Noncurrent assets plus other real estate owned to assets
  • 5.86%Noncurrent loans to loans
  • 6.50%Net loans and leases to deposits
  • 75.28%Net loans and leases to core deposits
  • 76.18%Equity capital to assets
  • 10.87%Core capital (leverage) ratio
  • 10.79%Tier 1 risk-based capital ratio
  • 18.34%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $89,075Average earning assets
  • $9,690Average equity
  • $78,785Average 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
  • $2,489Managed 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
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,489Other retirement accounts
  • $292Corporate trust and agency accounts
  • $2,197Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 6 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05966Grant County Deposit Bank106 North Main Street, Williamstown, KY 41097Febuary 02, 1882Full Service Brick and Mortar
    1219874Williamstown BranchU.S. Highway 25, 1414 North Main Street, Williamstown, KY 41097March 12, 1983Full Service Brick and Mortar
    2219875Corinth BranchHighway 330 And I-75 Interchange, Corinth, KY 41010June 22, 1987Full Service Brick and Mortar
    3219876Crittenden Branch225 Violet Road, Crittenden, KY 41030June 18, 1991Full Service Brick and Mortar
    4218971Jonesville Branch14830 Jonesville Road, Jonesville, KY 41052June 01, 1940Full Service Brick and Mortar
    5359937Taft Highway Branch26 Taft Hwy, Dry Ridge, KY 41035March 29, 2001Full Service Brick and Mortar

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