Kentucky Federal Savings and Loan Association in Covington, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Kentucky Federal Savings and Loan Association in Covington, Kentucky (KY)
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Kentucky Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 27877
    Status: Active
    Federal Reserve ID: 678575
    Date Established: January 01, 1885
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 458
    FDIC's unique #: 40711
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: September 14, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1050 Scott Street, Covington, KY 41011
    County: Kenton
    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
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $41.5 mil
    Equity capital: $3.2 mil
    Deposits held in domestic offices: $35.5 mil
    Return on assets (ROA): 0.16% ($0.1 mil)
    Quarterly return on assets: 0.00% ($0.0 mil)
    Return on Equity (ROE): 2.03% ($0.1 mil)
    Quarterly return on equity: 0.00% ($0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.24% ($99.5 mil)
    Quarterly Pretax return on assets: 0.26% ($107.8 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
  • 13Total employees (full-time equivalent)
  • $41,464Total assets
  • $5,221Cash and due from depository institutions
  • $4,167Interest-bearing balances
  • $6,511Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $26,746Net loans & leases
  • $116Loan loss allowance
  • $0Trading account assets
  • $236Bank premises and fixed assets
  • $200Other real estate owned
  • $38Goodwill and other intangibles
  • $41,464Life insurance assets
  • $2,512All other assets
  • $38,238Total liabilities and capital
  • $35,519Total liabilities
  • $35,222Total deposits
  • $35,519Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,270Trading liabilities
  • $0Other borrowed funds
  • $449Subordinated debt
  • $3,226All other liabilities
  • $3,226Total equity capital
  • $3,226Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $3,226Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $304Income earned, not collected on loans
  • $0Earning assets
  • $194Long-term assets (5+ years)
  • $37,424Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $41,351Volatile liabilities
  • $42,011Insider loans
  • $18,076FHLB advances
  • $41,464Loans and leases held for sale
  • $423Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,226Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,314Restructured Loans and leases
  • $162Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,763Total interest income
  • $475Total interest expense
  • $1,288Net interest income
  • $36Provision for loan and lease losses
  • $270Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $270Additional noninterest income
  • $1,422Total noninterest expense
  • $841Salaries and employee benefits
  • $265Premises and equipment expense
  • $316Additional noninterest expense
  • $100Pre-tax net operating income
  • $0Securities gains (losses)
  • $35Applicable income taxes
  • $65Income before extraordinary items
  • $0Extraordinary gains - net
  • $65Net income attributable to bank
  • $0Net charge-offs
  • $65Cash dividends
  • -$3Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.70%Yield on earning assets
  • 1.27%Cost of funding earning assets
  • 3.43%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 3.79%Noninterest expense to earning assets
  • 0.16%Net operating income to assets
  • 0.16%Return on assets (ROA)
  • 0.24%Pretax return on assets
  • 2.03%Return on equity (ROE)
  • 2.03%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • -1200.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 91,271Assets per employee
  • 3.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.43%Loss allowance to noncurrent loans
  • 38.16%Noncurrent assets plus other real estate owned to assets
  • 1.22%Noncurrent loans to loans
  • 1.13%Net loans and leases to deposits
  • 75.30%Net loans and leases to core deposits
  • 79.25%Equity capital to assets
  • 7.78%Core capital (leverage) ratio
  • 7.78%Tier 1 risk-based capital ratio
  • 17.85%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $41,351Average earning assets
  • $3,196Average equity
  • $37,503Average loans

List of branches

  • 3 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040711Kentucky Federal Savings And Loan As1050 Scott Street, Covington, KY 41011January 01, 1885Full Service Brick and Mortar
    12639456890 Dixie Highway Branch6890 Dixie Highway, Florence, KY 41042January 01, 1885Full Service Brick and Mortar
    2263946100 South Main Street Branch100 South Main Street, Williamstown, KY 41097January 01, 1885Full Service Brick and Mortar

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