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

This bank is inactive as of September 19, 1997

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

  • General
  • FDIC Certificate #: 2719
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Matewan National Bank (#6777)
    Federal Reserve ID: 383310
    Date Established: January 01, 1889
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    FDIC's unique #: 1761
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 19, 1997
    Last Structure Change Process Date: September 30, 1997
    Last Data Update: September 30, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 334 Main Street, Pikeville, KY 41501
    County: Pike
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $194.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $71Total assets
  • $203,846Cash and due from depository institutions
  • $2,191Interest-bearing balances
  • $0Securities
  • $40,701Federal funds sold & reverse repurchase agreements
  • $27,330Net loans & leases
  • $111,495Loan loss allowance
  • $2,718Trading account assets
  • $0Bank premises and fixed assets
  • $10,790Other real estate owned
  • $247Goodwill and other intangibles
  • $1,041Life insurance assets
  • $10,051All other assets
  • $0Total liabilities and capital
  • $203,846Total liabilities
  • $173,428Total deposits
  • $162,118Interest-bearing deposits
  • $142,526Deposits held in domestic offices
  • 162118.00%% insured (estimated)
  • $86Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $8,745Subordinated debt
  • $0All other liabilities
  • $2,565Total equity capital
  • $2,565Total bank equity capital
  • $30,418Perpetual preferred stock
  • $0Common stock
  • $2,250Surplus
  • $26,350Undivided profits
  • Memoranda
  • $1,818Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,269Income earned, not collected on loans
  • $653Earning assets
  • $179,526Long-term assets (5+ years)
  • $20,703Average Assets, year-to-date
  • $211,281Average Assets, quarterly
  • $202,882Volatile liabilities
  • $37,801Insider loans
  • $2,552FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,104Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $20,371Total risk weighted assets
  • $124,106Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $11,531Total interest expense
  • $4,833Net interest income
  • $6,698Provision for loan and lease losses
  • $217Total noninterest income
  • $1,183Fiduciary activities
  • $0Service charges on deposit accounts
  • $513Trading account gains & fees
  • $0Additional noninterest income
  • $670Total noninterest expense
  • $4,625Salaries and employee benefits
  • $1,661Premises and equipment expense
  • $410Additional noninterest expense
  • $2,554Pre-tax net operating income
  • $3,039Securities gains (losses)
  • -$1Applicable income taxes
  • $1,116Income before extraordinary items
  • $1,922Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,922Net charge-offs
  • $651Cash dividends
  • $100Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.22%Cost of funding earning assets
  • 2.61%Net interest margin
  • 3.62%Noninterest income to earning assets
  • 0.64%Noninterest expense to earning assets
  • 2.50%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 1.44%Return on equity (ROE)
  • 6.96%Retained earnings to average equity (YTD only)
  • 6.60%Net charge-offs to loans
  • 0.50%Credit loss provision to net charge-offs
  • 33.33%Efficiency ratio
  • 48,674Assets per employee
  • 2.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 5.20%Loss allowance to loans
  • 2.38%Loss allowance to noncurrent loans
  • 214.18%Noncurrent assets plus other real estate owned to assets
  • 0.74%Noncurrent loans to loans
  • 1.11%Net loans and leases to deposits
  • 68.77%Net loans and leases to core deposits
  • 83.79%Equity capital to assets
  • 14.92%Core capital (leverage) ratio
  • 10.91%Tier 1 risk-based capital ratio
  • 16.41%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $211,281Average earning assets
  • $27,623Average equity
  • $185,276Average loans

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