Peoples Bank and Trust Company of Madison County in Berea, Kentucky (KY)



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Peoples Bank and Trust Company of Madison County routing number info

Table of contents:
Peoples Bank and Trust Company of Madison County
GeneralFDIC Certificate #: 20281
Status: Active
Federal Reserve ID: 746513
Bank Holding Company (Regulatory Top Holder): Whitaker Bank Corporation Of Kentucky (RSSDID: 1966671, Location: Lexington, KY)
Date Established: October 19, 1970
WWW: http://www.whitakerbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 11 (Domestic: 11, Interstate: No)
OTS Docket #: 12646
FDIC's unique #: 13956
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: October 19, 1970
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 419 Chestnut Street, Berea, KY 40403
County: Madison
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): Lexington, KY (#4280)
Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
Core Based Statistical Area (CBSA): Richmond-Berea, KY (#40080)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $410.4 mil
Equity capital: $49.4 mil
Deposits held in domestic offices: $314.5 mil
Return on assets (ROA): 0.86% ($3.5 mil)
Quarterly return on assets: 1.08% ($4.4 mil)
Return on Equity (ROE): 7.42% ($3.6 mil)
Quarterly return on equity: 9.05% ($4.4 mil)
Net income: $3.6 mil
Quarterly Net income: $1.1 mil
Pretax return on assets: 1.21% ($4,965.3 mil)
Quarterly Pretax return on assets: 1.52% ($6,237.4 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)90
Total assets$410,352
Cash and due from depository institutions$8,101
Interest-bearing balances$571
Securities$108,476
Federal funds sold & reverse repurchase agreements$2,609
Net loans & leases$259,768
Loan loss allowance $5,301
Trading account assets$0
Bank premises and fixed assets$8,876
Other real estate owned$866
Goodwill and other intangibles$10,301
All other assets$11,355
Life insurance assets$410,352
Total liabilities and capital$360,943
Total liabilities$314,459
Total deposits$265,989
Interest-bearing deposits$314,459
Deposits held in domestic offices$96
% insured (estimated)28890.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$14,606
Other borrowed funds $0
Subordinated debt $2,988
All other liabilities $49,409
Total equity capital$49,409
Total bank equity capital$49,409
Perpetual preferred stock$0
Common stock$1,000
Surplus$22,600
Undivided profits $25,809
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $8,240
Earning assets $0
Long-term assets (5+ years) $2,074
Average Assets, year-to-date $371,424
Average Assets, quarterly $77,037
Volatile liabilities $415,989
Insider loans $413,947
FHLB advances $251,636
Loans and leases held for sale $403,857
Unused loan commitments $2,710
Tier 1 (core) risk-based capital $2,710
Tier 2 risk-based capital $37,442
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $24,310
Derivatives$12,082
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $18,665
Total interest expense $3,207
Net interest income $15,458
Provision for loan and lease losses $793
Total noninterest income $2,269
Fiduciary activities $0
Service charges on deposit accounts $1,691
Trading account gains & fees $0
Additional noninterest income $578
Total noninterest expense $12,032
Salaries and employee benefits $5,221
Premises and equipment expense $1,508
Additional noninterest expense $5,303
Pre-tax net operating income $4,902
Securities gains (losses) $125
Applicable income taxes $1,429
Income before extraordinary items $3,598
Extraordinary gains - net $0
Net income attributable to bank $3,598
Net charge-offs $0
Cash dividends $3,598
Sale, conversion, retirement of capital stock, net $337
Net operating income $3,500
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.96%
Cost of funding earning assets 0.85%
Net interest margin 4.11%
Noninterest income to earning assets 0.60%
Noninterest expense to earning assets 3.20%
Net operating income to assets 0.84%
Return on assets (ROA) 0.86%
Pretax return on assets 1.21%
Return on equity (ROE) 7.42%
Retained earnings to average equity (YTD only) 0.20%
Net charge-offs to loans 0.13%
Credit loss provision to net charge-offs 235.31%
Efficiency ratio16.90%
Assets per employee$64,895
Cash dividends to net income (YTD only)4.56%
Condition Ratios (%)
Loss allowance to loans 97.28%
Loss allowance to noncurrent loans 2.00%
Noncurrent assets plus other real estate owned to assets 64.33%
Noncurrent loans to loans 2.22%
Net loans and leases to deposits3.11%
Net loans and leases to core deposits 82.61%
Equity capital to assets 92.45%
Core capital (leverage) ratio 12.04%
Tier 1 risk-based capital ratio 9.27%
Total risk-based capital ratio 14.88%
Memoranda
Average assets$16
Average earning assets$415,989
Average equity $48,462
Average loans $376,425
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11 Kentucky Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
013956Peoples Bank And Trust Company Of Ma419 Chestnut Street, Berea, KY 40403October 19, 1970Full Service Brick and Mortar
1250658U.S. 25 Branch303 Ushwy 25, Berea, KY 40403November 22, 1971Full Service Brick and Mortar
2250659Richmond Branch1157 Berea Rd, Richmond, KY 40475December 14, 1987Full Service Brick and Mortar
3250660Eastern By-Pass Branch460 Eastern By-Pass, Richmond, KY 40475August 15, 1994Full Service Brick and Mortar
4250661Wal-Mart Branch820 Eastern By-Pass, Richmond, KY 40475May 15, 1996Full Service Retail
5250662Brandy Lane Branch1000 Brandy Lane, Richmond, KY 40475March 17, 1998Full Service Brick and Mortar
63995Waco BranchSthy 52 At College Hill Road, Waco, KY 40385October 05, 1905Full Service Brick and Mortar
71729Berea National Bank Branch424 Chestnut Street, Berea, KY 40403December 03, 1906Limited Service Administrative
8193823West End Branch102 West Jefferson Street, Berea, KY 40403April 15, 1983Full Service Brick and Mortar
9193824North Berea Branch228 Glades Road, Berea, KY 40403December 21, 1992Full Service Brick and Mortar
10431446Mt. Vernon Branch350 Richmond Street, Mount Vernon, KY 40456August 13, 2001Full Service Brick and Mortar
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