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


Peoples Security Bank - Overview

  • General
  • FDIC Certificate #: 9679
    Status: Active
    Federal Reserve ID: 983215
    Bank Holding Company (Regulatory Top Holder): Peoples Security Bancorp, Inc. (RSSDID: 1071584, Location: Louisa, KY)
    Date Established: January 01, 1903
    WWW: http://www.peoplessecuritybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 10740
    FDIC's unique #: 6194
    Numeric code: 21
    Regulator: FDIC
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: September 23, 2010
    Last Data Update: September 23, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 3651 Us Hwy 2565, Louisa, KY 41230
    County: Lawrence
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
    Change in Location
  • Financial Summary
  • Total assets: $50.0 mil
    Equity capital: $7.0 mil
    Deposits held in domestic offices: $41.9 mil
    Return on assets (ROA): 0.49% ($0.2 mil)
    Quarterly return on assets: 0.56% ($0.3 mil)
    Return on Equity (ROE): 3.58% ($0.3 mil)
    Quarterly return on equity: 3.99% ($0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.49% ($245.0 mil)
    Quarterly Pretax return on assets: 0.28% ($140.0 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
  • 28Total employees (full-time equivalent)
  • $50,006Total assets
  • $9,167Cash and due from depository institutions
  • $2,361Interest-bearing balances
  • $18,038Securities
  • $100Federal funds sold & reverse repurchase agreements
  • $21,110Net loans & leases
  • $252Loan loss allowance
  • $0Trading account assets
  • $640Bank premises and fixed assets
  • $386Other real estate owned
  • $0Goodwill and other intangibles
  • $50,006Life insurance assets
  • $565All other assets
  • $42,999Total liabilities and capital
  • $41,928Total liabilities
  • $30,100Total deposits
  • $41,928Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 400.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $397Trading liabilities
  • $0Other borrowed funds
  • $274Subordinated debt
  • $7,007All other liabilities
  • $7,007Total equity capital
  • $7,007Total bank equity capital
  • $0Perpetual preferred stock
  • $95Common stock
  • $3,500Surplus
  • $3,412Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $377Income earned, not collected on loans
  • $0Earning assets
  • $263Long-term assets (5+ years)
  • $41,609Average Assets, year-to-date
  • $21,078Average Assets, quarterly
  • $50,463Volatile liabilities
  • $50,195Insider loans
  • $24,527FHLB advances
  • $49,695Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,716Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $793Restructured Loans and leases
  • $250Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,332Total interest income
  • $286Total interest expense
  • $2,046Net interest income
  • $60Provision for loan and lease losses
  • $427Total noninterest income
  • $0Fiduciary activities
  • $281Service charges on deposit accounts
  • $0Trading account gains & fees
  • $146Additional noninterest income
  • $2,164Total noninterest expense
  • $1,177Salaries and employee benefits
  • $268Premises and equipment expense
  • $719Additional noninterest expense
  • $249Pre-tax net operating income
  • $0Securities gains (losses)
  • $3Applicable income taxes
  • $246Income before extraordinary items
  • $0Extraordinary gains - net
  • $246Net income attributable to bank
  • $0Net charge-offs
  • $246Cash dividends
  • $96Sale, conversion, retirement of capital stock, net
  • $174Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.49%Yield on earning assets
  • 0.67%Cost of funding earning assets
  • 4.82%Net interest margin
  • 1.01%Noninterest income to earning assets
  • 5.10%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • 0.49%Return on assets (ROA)
  • 0.49%Pretax return on assets
  • 3.58%Return on equity (ROE)
  • 1.05%Retained earnings to average equity (YTD only)
  • 0.42%Net charge-offs to loans
  • 62.50%Credit loss provision to net charge-offs
  • 3.22%Efficiency ratio
  • 87,505Assets per employee
  • 1.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.73%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 66.84%Noncurrent assets plus other real estate owned to assets
  • 1.53%Noncurrent loans to loans
  • 1.76%Net loans and leases to deposits
  • 50.35%Net loans and leases to core deposits
  • 52.84%Equity capital to assets
  • 14.01%Core capital (leverage) ratio
  • 13.51%Tier 1 risk-based capital ratio
  • 27.38%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $50,463Average earning assets
  • $6,864Average equity
  • $42,460Average loans

List of branches

  • 2 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06194Peoples Security Bank3651 Us Hwy 2565, Louisa, KY 41230January 01, 1903Full Service Brick and Mortar
    1220820Blaine BranchMain Street, Blaine, KY 41124June 25, 1973Full Service Brick and Mortar

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