FDIC Certificate #: 16827 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:PBI Bank (#9314) Federal Reserve ID: 716440 Date Established: August 15, 1902 WWW:http://www.pioneerbankonline.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 10882 FDIC's unique #: 10930 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: August 26, 1949 Last Structure Change Effective Date: January 01, 2005 Last Structure Change Process Date: January 10, 2005 Last Data Update: January 10, 2005 Data Source Date: April 05, 2012
Location
Address: Main Street, Canmer, KY 42722 County: Hart Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Elizabethtown Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $67.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
38Total employees (full-time equivalent)
$67,105Total assets
$1,771Cash and due from depository institutions
$105Interest-bearing balances
$5,137Securities
$1,789Federal funds sold & reverse repurchase agreements
$53,283Net loans & leases
$894Loan loss allowance
$0Trading account assets
$1,858Bank premises and fixed assets
$42Other real estate owned
$752Goodwill and other intangibles
$0Life insurance assets
$2,473All other assets
$67,105Total liabilities and capital
$59,761Total liabilities
$56,282Total deposits
$48,142Interest-bearing deposits
$56,282Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,959Other borrowed funds
$0Subordinated debt
$520All other liabilities
$7,344Total equity capital
$7,344Total bank equity capital
$7,344Perpetual preferred stock
$0Common stock
$850Surplus
$5,100Undivided profits
Memoranda
$1,394Noncurrent loans and leases
$3,718Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$740Earning assets
$0Long-term assets (5+ years)
$669Average Assets, year-to-date
$60,314Average Assets, quarterly
$14,776Volatile liabilities
$67,327Insider loans
$67,648FHLB advances
$12,611Loans and leases held for sale
$687Unused loan commitments
$2,959Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,718Total unused commitments
$0Restructured Loans and leases
$632Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$4,267Total interest income
$1,503Total interest expense
$2,764Net interest income
$180Provision for loan and lease losses
$2,051Total noninterest income
$0Fiduciary activities
$503Service charges on deposit accounts
$0Trading account gains & fees
$1,548Additional noninterest income
$3,118Total noninterest expense
$1,403Salaries and employee benefits
$848Premises and equipment expense
$867Additional noninterest expense
$1,517Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,517Income before extraordinary items
$0Extraordinary gains - net
$1,517Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$125Sale, conversion, retirement of capital stock, net
$1,122Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.00%Yield on earning assets
2.47%Cost of funding earning assets
4.54%Net interest margin
3.37%Noninterest income to earning assets
5.12%Noninterest expense to earning assets
2.25%Net operating income to assets
2.25%Return on assets (ROA)
2.25%Pretax return on assets
21.15%Return on equity (ROE)
5.51%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
144.00%Credit loss provision to net charge-offs
13.58%Efficiency ratio
64,756Assets per employee
1.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
73.96%Loss allowance to loans
1.65%Loss allowance to noncurrent loans
120.81%Noncurrent assets plus other real estate owned to assets
1.17%Noncurrent loans to loans
1.37%Net loans and leases to deposits
94.67%Net loans and leases to core deposits
116.67%Equity capital to assets
10.94%Core capital (leverage) ratio
9.76%Tier 1 risk-based capital ratio
12.97%Total risk-based capital ratio
Memoranda
$14Average assets
$67,327Average earning assets
$7,174Average equity
$60,914Average loans
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