Kentucky National Bank of Pikeville in Pikeville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 27, 2007

  • Kentucky National Bank of Pikeville in Pikeville, Kentucky (KY)
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Kentucky National Bank of Pikeville - Overview

  • General
  • FDIC Certificate #: 34113
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens National Bank of Paintsville (#2718)
    Federal Reserve ID: 2380993
    Date Established: January 02, 1996
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 56256
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 02, 1996
    Last Structure Change Effective Date: July 27, 2007
    Last Structure Change Process Date: September 25, 2007
    Last Data Update: September 25, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 247 Hambley Blvd., Pikeville, KY 41501
    County: Pike
    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: $75.7 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, 2006)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $76,532Total assets
  • $3,087Cash and due from depository institutions
  • $13Interest-bearing balances
  • $12,150Securities
  • $1,438Federal funds sold & reverse repurchase agreements
  • $56,786Net loans & leases
  • $665Loan loss allowance
  • $0Trading account assets
  • $1,331Bank premises and fixed assets
  • $532Other real estate owned
  • $143Goodwill and other intangibles
  • $0Life insurance assets
  • $1,065All other assets
  • $76,532Total liabilities and capital
  • $66,174Total liabilities
  • $61,712Total deposits
  • $47,954Interest-bearing deposits
  • $61,712Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,000Other borrowed funds
  • $0Subordinated debt
  • $462All other liabilities
  • $10,358Total equity capital
  • $10,358Total bank equity capital
  • $10,358Perpetual preferred stock
  • $0Common stock
  • $1,850Surplus
  • $1,850Undivided profits
  • Memoranda
  • $6,658Noncurrent loans and leases
  • $5,993Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $536Earning assets
  • $0Long-term assets (5+ years)
  • $416Average Assets, year-to-date
  • $70,387Average Assets, quarterly
  • $7,809Volatile liabilities
  • $75,663Insider loans
  • $75,479FHLB advances
  • $21,122Loans and leases held for sale
  • $3,198Unused loan commitments
  • $2,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,993Total unused commitments
  • $0Restructured Loans and leases
  • $665Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $5,408Total interest income
  • $1,576Total interest expense
  • $3,832Net interest income
  • $172Provision for loan and lease losses
  • $400Total noninterest income
  • $0Fiduciary activities
  • $251Service charges on deposit accounts
  • $0Trading account gains & fees
  • $149Additional noninterest income
  • $1,998Total noninterest expense
  • $1,093Salaries and employee benefits
  • $205Premises and equipment expense
  • $700Additional noninterest expense
  • $2,062Pre-tax net operating income
  • -$5Securities gains (losses)
  • $665Applicable income taxes
  • $1,392Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,392Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $190Sale, conversion, retirement of capital stock, net
  • $333Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.70%Yield on earning assets
  • 2.24%Cost of funding earning assets
  • 5.45%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 2.84%Noninterest expense to earning assets
  • 1.84%Net operating income to assets
  • 1.84%Return on assets (ROA)
  • 2.72%Pretax return on assets
  • 14.10%Return on equity (ROE)
  • 10.73%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 90.53%Credit loss provision to net charge-offs
  • 11.76%Efficiency ratio
  • 47,212Assets per employee
  • 2.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.92%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 124.07%Noncurrent assets plus other real estate owned to assets
  • 1.40%Noncurrent loans to loans
  • 0.93%Net loans and leases to deposits
  • 92.02%Net loans and leases to core deposits
  • 130.27%Equity capital to assets
  • 13.53%Core capital (leverage) ratio
  • 13.73%Tier 1 risk-based capital ratio
  • 18.99%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $75,663Average earning assets
  • $9,869Average equity
  • $70,252Average loans

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