Jackson County Bank in Mc Kee, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Jackson County Bank - Overview

  • General
  • FDIC Certificate #: 291
    Status: Active
    Federal Reserve ID: 1016718
    Date Established: October 05, 1904
    WWW: http://www.jacksoncobank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 12003
    FDIC's unique #: 235
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 12, 2011
    Last Structure Change Process Date: May 12, 2011
    Last Data Update: May 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: Main & First Streets, Mc Kee, KY 40447
    County: Jackson
    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
  • Financial Summary
  • Total assets: $147.2 mil
    Equity capital: $29.7 mil
    Deposits held in domestic offices: $114.8 mil
    Return on assets (ROA): 1.21% ($1.8 mil)
    Quarterly return on assets: 1.07% ($1.6 mil)
    Return on Equity (ROE): 5.83% ($1.7 mil)
    Quarterly return on equity: 5.28% ($1.6 mil)
    Net income: $1.7 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.59% ($2,340.0 mil)
    Quarterly Pretax return on assets: 1.43% ($2,104.5 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
  • 41Total employees (full-time equivalent)
  • $147,168Total assets
  • $7,489Cash and due from depository institutions
  • $5,056Interest-bearing balances
  • $72,363Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $64,207Net loans & leases
  • $1,750Loan loss allowance
  • $0Trading account assets
  • $1,217Bank premises and fixed assets
  • $68Other real estate owned
  • $0Goodwill and other intangibles
  • $147,168Life insurance assets
  • $1,824All other assets
  • $117,437Total liabilities and capital
  • $114,764Total liabilities
  • $91,978Total deposits
  • $114,764Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 2322.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $351Subordinated debt
  • $29,731All other liabilities
  • $29,731Total equity capital
  • $29,731Total bank equity capital
  • $0Perpetual preferred stock
  • $1,200Common stock
  • $2,800Surplus
  • $25,731Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $844Income earned, not collected on loans
  • $0Earning assets
  • $822Long-term assets (5+ years)
  • $141,626Average Assets, year-to-date
  • $42,774Average Assets, quarterly
  • $141,400Volatile liabilities
  • $147,651Insider loans
  • $75,106FHLB advances
  • $148,472Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $29,659Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,091Restructured Loans and leases
  • $411Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,263Total interest income
  • $1,262Total interest expense
  • $5,001Net interest income
  • $397Provision for loan and lease losses
  • $807Total noninterest income
  • $0Fiduciary activities
  • $521Service charges on deposit accounts
  • $0Trading account gains & fees
  • $286Additional noninterest income
  • $3,168Total noninterest expense
  • $1,902Salaries and employee benefits
  • $238Premises and equipment expense
  • $1,028Additional noninterest expense
  • $2,243Pre-tax net operating income
  • $0Securities gains (losses)
  • $528Applicable income taxes
  • $1,715Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,715Net income attributable to bank
  • $0Net charge-offs
  • $1,715Cash dividends
  • $297Sale, conversion, retirement of capital stock, net
  • $582Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.64%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 3.71%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 2.35%Noninterest expense to earning assets
  • 1.21%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.59%Pretax return on assets
  • 5.83%Return on equity (ROE)
  • 3.85%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 133.67%Credit loss provision to net charge-offs
  • 8.89%Efficiency ratio
  • 54,545Assets per employee
  • 3.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.94%Loss allowance to loans
  • 2.65%Loss allowance to noncurrent loans
  • 207.35%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 1.28%Net loans and leases to deposits
  • 55.95%Net loans and leases to core deposits
  • 65.67%Equity capital to assets
  • 20.20%Core capital (leverage) ratio
  • 19.98%Tier 1 risk-based capital ratio
  • 39.49%Total risk-based capital ratio
  • Memoranda
  • $41Average assets
  • $141,400Average earning assets
  • $29,398Average equity
  • $134,841Average loans

List of branches

  • 3 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0235Jackson County BankMain & First Streets, Mc Kee, KY 40447October 05, 1904Full Service Brick and Mortar
    1181470The Russell Hays Branch4455 Highway 3630, Annville, KY 40402March 01, 1977Full Service Brick and Mortar
    2181471Sandgap Branch82 Highway 2004, Mc Kee, KY 40447March 14, 1979Full Service Brick and Mortar

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