Hyden Citizens Bank in Hyden, Kentucky (KY)



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Hyden Citizens Bank routing number info

Table of contents:
Hyden Citizens Bank
GeneralFDIC Certificate #: 281
Status: Active
Federal Reserve ID: 211114
Bank Holding Company (Regulatory Top Holder): Middlefork Financial Group Inc. (RSSDID: 1071539, Location: Hyden, KY)
Date Established: September 01, 1904
WWW: http://www.hydencitizensbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 9820
FDIC's unique #: 226
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: Yes
Asset Concentration Hierarchy: Commercial Lending 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
LocationAddress: 22023 Main Street, Hyden, KY 41749
County: Leslie
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
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $128.3 mil
Equity capital: $11.9 mil
Deposits held in domestic offices: $104.1 mil
Return on assets (ROA): 0.93% ($1.2 mil)
Quarterly return on assets: 1.38% ($1.8 mil)
Return on Equity (ROE): 10.53% ($1.3 mil)
Quarterly return on equity: 14.94% ($1.8 mil)
Net income: $1.2 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 0.93% ($1,192.9 mil)
Quarterly Pretax return on assets: 1.38% ($1,770.1 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)
Total employees (full-time equivalent)32
Total assets$128,270
Cash and due from depository institutions$5,772
Interest-bearing balances$259
Securities$44,383
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$70,532
Loan loss allowance $763
Trading account assets$0
Bank premises and fixed assets$4,987
Other real estate owned$582
Goodwill and other intangibles$0
All other assets$2,014
Life insurance assets$128,270
Total liabilities and capital$116,385
Total liabilities$104,065
Total deposits$87,755
Interest-bearing deposits$104,065
Deposits held in domestic offices$85
% insured (estimated)6736.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$5,261
Other borrowed funds $0
Subordinated debt $323
All other liabilities $11,885
Total equity capital$11,885
Total bank equity capital$11,885
Perpetual preferred stock$0
Common stock$236
Surplus$6,464
Undivided profits $5,185
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $782
Earning assets $0
Long-term assets (5+ years) $604
Average Assets, year-to-date $115,174
Average Assets, quarterly $60,794
Volatile liabilities $124,429
Insider loans $126,268
FHLB advances $78,636
Loans and leases held for sale $123,479
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $10,312
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $8,164
Derivatives$2,502
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,798
Total interest expense $1,109
Net interest income $4,689
Provision for loan and lease losses $403
Total noninterest income $1,051
Fiduciary activities $0
Service charges on deposit accounts $694
Trading account gains & fees $0
Additional noninterest income $357
Total noninterest expense $4,185
Salaries and employee benefits $1,904
Premises and equipment expense $720
Additional noninterest expense $1,561
Pre-tax net operating income $1,152
Securities gains (losses) $1
Applicable income taxes $0
Income before extraordinary items $1,153
Extraordinary gains - net $0
Net income attributable to bank $1,153
Net charge-offs $0
Cash dividends $1,153
Sale, conversion, retirement of capital stock, net $807
Net operating income $941
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.17%
Cost of funding earning assets 0.99%
Net interest margin 4.18%
Noninterest income to earning assets 0.94%
Noninterest expense to earning assets 3.73%
Net operating income to assets 0.93%
Return on assets (ROA) 0.93%
Pretax return on assets 0.93%
Return on equity (ROE) 10.53%
Retained earnings to average equity (YTD only) 1.94%
Net charge-offs to loans 1.12%
Credit loss provision to net charge-offs 49.94%
Efficiency ratio1.93%
Assets per employee$72,909
Cash dividends to net income (YTD only)4.01%
Condition Ratios (%)
Loss allowance to loans 81.61%
Loss allowance to noncurrent loans 1.07%
Noncurrent assets plus other real estate owned to assets 97.57%
Noncurrent loans to loans 1.06%
Net loans and leases to deposits1.10%
Net loans and leases to core deposits 67.78%
Equity capital to assets 70.80%
Core capital (leverage) ratio 9.27%
Tier 1 risk-based capital ratio 8.35%
Total risk-based capital ratio 13.11%
Memoranda
Average assets$14
Average earning assets$124,429
Average equity $10,945
Average loans $112,115
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4 Kentucky Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0226Hyden Citizens Bank22023 Main Street, Hyden, KY 41749September 01, 1904Full Service Brick and Mortar
1181452Wooton BranchKentucky Highways 80 And 699, Wooton, KY 41776March 23, 1981Limited Service Facility
2181453Hurts Creek Center BranchHighway 421 & 80, Hyden, KY 41749October 02, 1987Full Service Brick and Mortar
3447918Hoskinston Branch13020 Highway 421, Hoskinston, KY 40844January 17, 2006Full Service Brick and Mortar
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