Pioneer Bank in Canmer, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2005

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

Pioneer Bank - Overview

  • General
  • 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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