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

This bank is inactive as of October 07, 1999

  • Morganfield National Bank in Morganfield, Kentucky (KY)
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Morganfield National Bank - Overview

  • General
  • FDIC Certificate #: 2760
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Old National Bank (#4393)
    Federal Reserve ID: 452140
    Date Established: January 01, 1904
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 11079
    FDIC's unique #: 1797
    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: October 07, 1999
    Last Structure Change Process Date: November 03, 1999
    Last Data Update: November 03, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Morganfield, KY 42437
    County: Union
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Hopkinsville
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $114.7 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 43Total employees (full-time equivalent)
  • $125,162Total assets
  • $2,197Cash and due from depository institutions
  • $10Interest-bearing balances
  • $31,429Securities
  • $11,025Federal funds sold & reverse repurchase agreements
  • $76,806Net loans & leases
  • $775Loan loss allowance
  • $0Trading account assets
  • $1,852Bank premises and fixed assets
  • $16Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,837All other assets
  • $125,162Total liabilities and capital
  • $115,219Total liabilities
  • $73,850Total deposits
  • $62,020Interest-bearing deposits
  • $73,850Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $16,249Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $22,825Other borrowed funds
  • $0Subordinated debt
  • $2,295All other liabilities
  • $9,943Total equity capital
  • $9,943Total bank equity capital
  • $9,943Perpetual preferred stock
  • $0Common stock
  • $1,200Surplus
  • $1,200Undivided profits
  • Memoranda
  • $7,543Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $110Earning assets
  • $0Long-term assets (5+ years)
  • $498Average Assets, year-to-date
  • $119,270Average Assets, quarterly
  • $50,955Volatile liabilities
  • $117,220Insider loans
  • $119,430FHLB advances
  • $20,206Loans and leases held for sale
  • $3,681Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,071Total unused commitments
  • $0Restructured Loans and leases
  • $71,494Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $9,104Total interest income
  • $4,326Total interest expense
  • $4,778Net interest income
  • $210Provision for loan and lease losses
  • $924Total noninterest income
  • $172Fiduciary activities
  • $504Service charges on deposit accounts
  • $0Trading account gains & fees
  • $248Additional noninterest income
  • $3,234Total noninterest expense
  • $1,723Salaries and employee benefits
  • $352Premises and equipment expense
  • $1,159Additional noninterest expense
  • $2,258Pre-tax net operating income
  • $3Securities gains (losses)
  • $781Applicable income taxes
  • $1,480Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,480Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $157Sale, conversion, retirement of capital stock, net
  • $1,839Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.18%Yield on earning assets
  • 3.89%Cost of funding earning assets
  • 4.29%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 2.91%Noninterest expense to earning assets
  • 1.26%Net operating income to assets
  • 1.26%Return on assets (ROA)
  • 1.93%Pretax return on assets
  • 14.93%Return on equity (ROE)
  • -3.62%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 133.76%Credit loss provision to net charge-offs
  • 15.72%Efficiency ratio
  • 56,717Assets per employee
  • 2.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 124.26%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 704.55%Noncurrent assets plus other real estate owned to assets
  • 0.10%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 104.00%Net loans and leases to core deposits
  • 109.66%Equity capital to assets
  • 7.94%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 13.35%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $117,220Average earning assets
  • $9,911Average equity
  • $111,296Average loans

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