Kentucky Banking Centers, Inc. in Glasgow, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 2006

Kentucky Banking Centers, Inc. in Glasgow, Kentucky (KY)
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Kentucky Banking Centers, Inc. - Overview

General
FDIC Certificate #: 5855
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citizens First Bank, Inc. (#35022)
Federal Reserve ID: 631244
Date Established: August 10, 1926
WWW: http://www.kbc123.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 10302
FDIC's unique #: 4001
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 30, 2006
Last Structure Change Process Date: December 06, 2006
Last Data Update: December 06, 2006
Data Source Date: April 05, 2012
Location
Address: 1530 South Green Street, Glasgow, KY 42141
County: Barren
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Elizabethtown
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Glasgow, KY (#23980)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $124.4 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, 2005)

Dollar figures in thousands
43Total employees (full-time equivalent)
$127,239Total assets
$3,348Cash and due from depository institutions
$208Interest-bearing balances
$34,834Securities
$0Federal funds sold & reverse repurchase agreements
$80,646Net loans & leases
$1,199Loan loss allowance
$0Trading account assets
$4,186Bank premises and fixed assets
$10Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,215All other assets
$127,239Total liabilities and capital
$118,096Total liabilities
$115,277Total deposits
$105,443Interest-bearing deposits
$115,277Deposits held in domestic offices
0.00%% insured (estimated)
$777Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,591Other borrowed funds
$0Subordinated debt
$451All other liabilities
$9,143Total equity capital
$9,143Total bank equity capital
$9,143Perpetual preferred stock
$0Common stock
$300Surplus
$5,945Undivided profits
Memoranda
$2,898Noncurrent loans and leases
$9,965Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,130Earning assets
$0Long-term assets (5+ years)
$1,225Average Assets, year-to-date
$115,688Average Assets, quarterly
$10,942Volatile liabilities
$128,673Insider loans
$124,335FHLB advances
$14,017Loans and leases held for sale
$1,155Unused loan commitments
$1,591Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,965Total unused commitments
$0Restructured Loans and leases
$1,073Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$7,190Total interest income
$2,808Total interest expense
$4,382Net interest income
$195Provision for loan and lease losses
$1,062Total noninterest income
$0Fiduciary activities
$744Service charges on deposit accounts
$0Trading account gains & fees
$318Additional noninterest income
$3,668Total noninterest expense
$1,726Salaries and employee benefits
$536Premises and equipment expense
$1,406Additional noninterest expense
$1,581Pre-tax net operating income
$0Securities gains (losses)
$435Applicable income taxes
$1,146Income before extraordinary items
$0Extraordinary gains - net
$1,146Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$189Sale, conversion, retirement of capital stock, net
$1,439Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.12%Yield on earning assets
2.39%Cost of funding earning assets
3.73%Net interest margin
0.90%Noninterest income to earning assets
3.12%Noninterest expense to earning assets
0.89%Net operating income to assets
0.89%Return on assets (ROA)
1.23%Pretax return on assets
11.89%Return on equity (ROE)
-3.04%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
103.17%Credit loss provision to net charge-offs
9.40%Efficiency ratio
67,377Assets per employee
2.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
125.57%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
106.11%Noncurrent assets plus other real estate owned to assets
0.90%Noncurrent loans to loans
1.38%Net loans and leases to deposits
69.96%Net loans and leases to core deposits
78.82%Equity capital to assets
7.19%Core capital (leverage) ratio
7.31%Tier 1 risk-based capital ratio
10.86%Total risk-based capital ratio
Memoranda
$12Average assets
$128,673Average earning assets
$9,640Average equity
$117,525Average loans

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