FDIC Certificate #: 29576 Status: Inactive Closing history: Change in Entity Type Acquiring institution:Peoples Bank, National Association (#6544) Federal Reserve ID: 514374 Date Established: November 01, 1935 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) OTS Docket #: 3690 FDIC's unique #: 42410 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) Insured commercial Banks: Yes FDIC Insured: Yes SAIF Insured: Yes State Chartered: No Date of Deposit Insurance: December 04, 1935 Last Structure Change Effective Date: March 10, 2000 Last Structure Change Process Date: May 04, 2000 Last Data Update: May 04, 2000 Data Source Date: April 05, 2012
Location
Address: 1410 Eagle Drive, Ashland, KY 41102 County: Boyd 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): Huntington-Ashland, WV-KY-OH (#3400) Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580) CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580)
History of Changes
Merger - Without Assistance
Name Change
Change in Primary Regulatory Agency
Change in Entity Type
Financial Summary
Total assets: $91.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
18Total employees (full-time equivalent)
$91,849Total assets
$2,572Cash and due from depository institutions
$742Interest-bearing balances
$31,580Securities
$1,000Federal funds sold & reverse repurchase agreements
$46,982Net loans & leases
$483Loan loss allowance
$0Trading account assets
$1,440Bank premises and fixed assets
$181Other real estate owned
$5,322Goodwill and other intangibles
$0Life insurance assets
$2,772All other assets
$91,849Total liabilities and capital
$78,194Total liabilities
$62,876Total deposits
$62,080Interest-bearing deposits
$62,876Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$14,500Other borrowed funds
$0Subordinated debt
$818All other liabilities
$13,655Total equity capital
$13,655Total bank equity capital
$13,655Perpetual preferred stock
$0Common stock
$0Surplus
$28,925Undivided profits
Memoranda
$-15,270Noncurrent loans and leases
$2,363Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$97Earning assets
$0Long-term assets (5+ years)
$233Average Assets, year-to-date
$80,304Average Assets, quarterly
$0Volatile liabilities
$93,325Insider loans
$91,796FHLB advances
$22,560Loans and leases held for sale
$607Unused loan commitments
$14,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,363Total unused commitments
$181Restructured Loans and leases
$483Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$5,944Total interest income
$3,647Total interest expense
$2,297Net interest income
$108Provision for loan and lease losses
$16Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$16Additional noninterest income
$2,080Total noninterest expense
$671Salaries and employee benefits
$235Premises and equipment expense
$1,174Additional noninterest expense
$125Pre-tax net operating income
$0Securities gains (losses)
$16Applicable income taxes
$109Income before extraordinary items
$0Extraordinary gains - net
$109Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$10Sale, conversion, retirement of capital stock, net
$180Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.22%Yield on earning assets
4.43%Cost of funding earning assets
2.79%Net interest margin
0.02%Noninterest income to earning assets
2.53%Noninterest expense to earning assets
0.12%Net operating income to assets
0.12%Return on assets (ROA)
0.13%Pretax return on assets
0.77%Return on equity (ROE)
-0.50%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
1080.00%Credit loss provision to net charge-offs
23.30%Efficiency ratio
65,672Assets per employee
5.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
165.14%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
497.94%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.20%Net loans and leases to deposits
74.72%Net loans and leases to core deposits
85.71%Equity capital to assets
14.87%Core capital (leverage) ratio
10.32%Tier 1 risk-based capital ratio
22.99%Total risk-based capital ratio
Memoranda
$24Average assets
$93,325Average earning assets
$14,161Average equity
$82,354Average loans
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