Peoples Bank in Morehead, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 08, 2006

  • Peoples Bank in Morehead, Kentucky (KY)
  • Show street view No street view available for this location

Peoples Bank - Overview

  • General
  • FDIC Certificate #: 9308
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Kentucky Bank (#734)
    Federal Reserve ID: 330417
    Date Established: December 06, 1926
    WWW: http://www.peoplesbankky.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 9558
    FDIC's unique #: 5963
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 08, 2006
    Last Structure Change Process Date: August 17, 2006
    Last Data Update: August 17, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1500 Flemingsburg Road, Morehead, KY 40351
    County: Rowan
    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: $91.2 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, 2005)

  • Dollar figures in thousands
  • 45Total employees (full-time equivalent)
  • $87,066Total assets
  • $2,963Cash and due from depository institutions
  • $869Interest-bearing balances
  • $28,474Securities
  • $3,668Federal funds sold & reverse repurchase agreements
  • $48,200Net loans & leases
  • $817Loan loss allowance
  • $0Trading account assets
  • $2,398Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,363All other assets
  • $87,066Total liabilities and capital
  • $78,905Total liabilities
  • $68,638Total deposits
  • $51,761Interest-bearing deposits
  • $68,638Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,423Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $8,052Other borrowed funds
  • $0Subordinated debt
  • $792All other liabilities
  • $8,161Total equity capital
  • $8,161Total bank equity capital
  • $8,161Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $500Undivided profits
  • Memoranda
  • $7,161Noncurrent loans and leases
  • $9,509Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $484Earning assets
  • $0Long-term assets (5+ years)
  • $522Average Assets, year-to-date
  • $81,211Average Assets, quarterly
  • $13,352Volatile liabilities
  • $83,713Insider loans
  • $85,387FHLB advances
  • $14,519Loans and leases held for sale
  • $537Unused loan commitments
  • $8,002Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,509Total unused commitments
  • $139Restructured Loans and leases
  • $723Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $4,939Total interest income
  • $1,328Total interest expense
  • $3,611Net interest income
  • $115Provision for loan and lease losses
  • $1,005Total noninterest income
  • $0Fiduciary activities
  • $827Service charges on deposit accounts
  • $0Trading account gains & fees
  • $178Additional noninterest income
  • $3,226Total noninterest expense
  • $1,649Salaries and employee benefits
  • $367Premises and equipment expense
  • $1,210Additional noninterest expense
  • $1,275Pre-tax net operating income
  • $1Securities gains (losses)
  • $11Applicable income taxes
  • $1,265Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,265Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $8Sale, conversion, retirement of capital stock, net
  • $625Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.32%Yield on earning assets
  • 1.70%Cost of funding earning assets
  • 4.62%Net interest margin
  • 1.29%Noninterest income to earning assets
  • 4.13%Noninterest expense to earning assets
  • 1.51%Net operating income to assets
  • 1.51%Return on assets (ROA)
  • 1.52%Pretax return on assets
  • 15.56%Return on equity (ROE)
  • 7.87%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 1437.50%Credit loss provision to net charge-offs
  • 173.75%Efficiency ratio
  • 69,887Assets per employee
  • 1.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.41%Loss allowance to loans
  • 1.67%Loss allowance to noncurrent loans
  • 168.80%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 0.99%Net loans and leases to deposits
  • 70.22%Net loans and leases to core deposits
  • 85.17%Equity capital to assets
  • 9.37%Core capital (leverage) ratio
  • 9.93%Tier 1 risk-based capital ratio
  • 14.78%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $83,713Average earning assets
  • $8,132Average equity
  • $78,204Average loans

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