FDIC Certificate #: 57068 Status: Inactive Closing history: Corrections Acquiring institution:First Financial Bank, National Association (#6600) Federal Reserve ID: 2967303 Date Established: December 12, 2000 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 16835 FDIC's unique #: 356787 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: December 12, 2000 Last Structure Change Effective Date: September 18, 2009 Last Structure Change Process Date: September 21, 2009 Last Data Update: September 21, 2009 Data Source Date: April 05, 2012
Location
Address: 140 Whittington Parkway, Louisville, KY 40222 County: Jefferson Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Indianapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Louisville, KY-IN (#4520) Combined Statistical Area (CSA): Louisville-Jefferson County-Elizabethtown-Scottsburg, KY-IN (#350) Core Based Statistical Area (CBSA): Louisville-Jefferson County, KY-IN (#31140) CBSA Metro Statistical Area: Louisville-Jefferson County, KY-IN (#31140)
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $518.2 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2008)
Dollar figures in thousands
87Total employees (full-time equivalent)
$630,032Total assets
$99,730Cash and due from depository institutions
$152Interest-bearing balances
$847Securities
$0Federal funds sold & reverse repurchase agreements
$502,375Net loans & leases
$16,328Loan loss allowance
$0Trading account assets
$3,263Bank premises and fixed assets
$3,832Other real estate owned
$202Goodwill and other intangibles
$0Life insurance assets
$19,783All other assets
$630,032Total liabilities and capital
$573,526Total liabilities
$546,284Total deposits
$515,724Interest-bearing deposits
$546,284Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$21,000Other borrowed funds
$0Subordinated debt
$6,242All other liabilities
$56,506Total equity capital
$56,506Total bank equity capital
$56,506Perpetual preferred stock
$0Common stock
$0Surplus
$76,453Undivided profits
Memoranda
$-19,947Noncurrent loans and leases
$96,509Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$10,794Earning assets
$741Long-term assets (5+ years)
$1,697Average Assets, year-to-date
$503,374Average Assets, quarterly
$0Volatile liabilities
$660,213Insider loans
$635,131FHLB advances
$179,737Loans and leases held for sale
$0Unused loan commitments
$21,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$96,509Total unused commitments
$5,709Restructured Loans and leases
$6,415Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$39,044Total interest income
$16,214Total interest expense
$22,830Net interest income
$20,811Provision for loan and lease losses
$3,704Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$7Trading account gains & fees
$3,697Additional noninterest income
$27,555Total noninterest expense
$10,513Salaries and employee benefits
$9,003Premises and equipment expense
$8,039Additional noninterest expense
-$21,832Pre-tax net operating income
$1,678Securities gains (losses)
-$7,976Applicable income taxes
-$12,178Income before extraordinary items
$0Extraordinary gains - net
-$12,178Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$11,652Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.71%Yield on earning assets
2.79%Cost of funding earning assets
3.92%Net interest margin
0.64%Noninterest income to earning assets
4.73%Noninterest expense to earning assets
-2.01%Net operating income to assets
-1.84%Return on assets (ROA)
-3.05%Pretax return on assets
-20.82%Return on equity (ROE)
-20.82%Retained earnings to average equity (YTD only)
2.10%Net charge-offs to loans
178.60%Credit loss provision to net charge-offs
-0.09%Efficiency ratio
103,716Assets per employee
7.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.15%Loss allowance to noncurrent loans
151.27%Noncurrent assets plus other real estate owned to assets
2.32%Noncurrent loans to loans
2.08%Net loans and leases to deposits
91.96%Net loans and leases to core deposits
129.63%Equity capital to assets
8.97%Core capital (leverage) ratio
8.17%Tier 1 risk-based capital ratio
9.95%Total risk-based capital ratio
Memoranda
$11Average assets
$660,213Average earning assets
$58,488Average equity
$582,091Average loans
Total Fiduciary and Related Assets (December 31, 2008)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$130Managed 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
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$130Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$130Fiduciary accounts held in foreign offices
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