Planters Bank, Inc. in Hopkinsville, Kentucky (KY), TN



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Planters Bank, Inc. routing number info

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Planters Bank, Inc.
GeneralFDIC Certificate #: 34254
Status: Active
Federal Reserve ID: 2497181
Bank Holding Company (Regulatory Top Holder): Planters Financial Group, Inc (RSSDID: 3013225, Location: Clarksville, TN)
Date Established: September 12, 1996
WWW: http://www.plantersbankonline.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Domestic: 9, Interstate: Yes)
FDIC's unique #: 57013
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: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: September 12, 1996
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: 1312 South Main Street, Hopkinsville, KY 42240
County: Christian
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Hopkinsville
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Clarksville-Hopkinsville, TN-KY (#1660)
Core Based Statistical Area (CBSA): Clarksville, TN-KY (#17300)
CBSA Metro Statistical Area: Clarksville, TN-KY (#17300)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $675.5 mil
Equity capital: $73.1 mil
Deposits held in domestic offices: $521.4 mil
Return on assets (ROA): 1.59% ($10.7 mil)
Quarterly return on assets: 1.57% ($10.6 mil)
Return on Equity (ROE): 17.37% ($12.7 mil)
Quarterly return on equity: 14.36% ($10.5 mil)
Net income: $10.0 mil
Quarterly Net income: $2.6 mil
Pretax return on assets: 1.62% ($10,942.3 mil)
Quarterly Pretax return on assets: 1.60% ($10,807.2 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)113
Total assets$675,453
Cash and due from depository institutions$31,658
Interest-bearing balances$22,342
Securities$184,409
Federal funds sold & reverse repurchase agreements$89
Net loans & leases$435,639
Loan loss allowance $7,321
Trading account assets$0
Bank premises and fixed assets$7,171
Other real estate owned$143
Goodwill and other intangibles$0
All other assets$16,344
Life insurance assets$675,453
Total liabilities and capital$602,398
Total liabilities$521,370
Total deposits$457,681
Interest-bearing deposits$521,370
Deposits held in domestic offices$74
% insured (estimated)25578.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$53,196
Other borrowed funds $0
Subordinated debt $2,254
All other liabilities $73,055
Total equity capital$73,055
Total bank equity capital$73,055
Perpetual preferred stock$0
Common stock$1,779
Surplus$62,892
Undivided profits $8,384
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 $3,285
Earning assets $0
Long-term assets (5+ years) $3,493
Average Assets, year-to-date $642,479
Average Assets, quarterly $179,905
Volatile liabilities $628,711
Insider loans $661,843
FHLB advances $461,511
Loans and leases held for sale $659,496
Unused loan commitments $8,832
Tier 1 (core) risk-based capital $5,455
Tier 2 risk-based capital $68,997
Total risk weighted assets $0
Total unused commitments $3,377
Restructured Loans and leases $80,719
Derivatives$23,977
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $28,419
Total interest expense $7,552
Net interest income $20,867
Provision for loan and lease losses $1,195
Total noninterest income $3,486
Fiduciary activities $439
Service charges on deposit accounts $1,678
Trading account gains & fees -$10
Additional noninterest income $1,379
Total noninterest expense $12,947
Salaries and employee benefits $7,617
Premises and equipment expense $1,381
Additional noninterest expense $3,949
Pre-tax net operating income $10,211
Securities gains (losses) $0
Applicable income taxes $221
Income before extraordinary items $9,990
Extraordinary gains - net $0
Net income attributable to bank $9,990
Net charge-offs $0
Cash dividends $9,990
Sale, conversion, retirement of capital stock, net $191
Net operating income $3,963
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.76%
Cost of funding earning assets 1.27%
Net interest margin 3.50%
Noninterest income to earning assets 0.58%
Noninterest expense to earning assets 2.17%
Net operating income to assets 1.59%
Return on assets (ROA) 1.59%
Pretax return on assets 1.62%
Return on equity (ROE) 17.37%
Retained earnings to average equity (YTD only) 10.48%
Net charge-offs to loans 0.04%
Credit loss provision to net charge-offs 625.65%
Efficiency ratio59.72%
Assets per employee$53,164
Cash dividends to net income (YTD only)5.98%
Condition Ratios (%)
Loss allowance to loans 39.67%
Loss allowance to noncurrent loans 1.65%
Noncurrent assets plus other real estate owned to assets 222.86%
Noncurrent loans to loans 0.51%
Net loans and leases to deposits0.74%
Net loans and leases to core deposits 83.56%
Equity capital to assets 119.22%
Core capital (leverage) ratio 10.82%
Tier 1 risk-based capital ratio 10.46%
Total risk-based capital ratio 14.95%
Memoranda
Average assets$16
Average earning assets$628,711
Average equity $57,526
Average loans $596,648
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$92,469
Number of Accounts1
Personal trust and agency accounts$73,724
Employee benefit-defined contribution accounts$28,061
Employee benefit-defined benefit accounts$16
Other retirement accounts$0
Corporate trust and agency accounts$3,307
Investment management agency accounts$0
Other fiduciary accounts$40,733
Fiduciary accounts held in foreign offices$0
Non-managed Assets$1,607
Number of Accounts282
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$3,292
Employee benefit-defined benefit accounts$0
Other retirement accounts$18,745
Corporate trust and agency accounts$6,359
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$12,276
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3 Kentucky Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
057013Planters Bank, Inc.1312 South Main Street, Hopkinsville, KY 42240September 12, 1996Full Service Brick and Mortar
1290505Boulevard Branch4195 Fort Campbell Blvd, Hopkinsville, KY 42240June 07, 1999Full Service Brick and Mortar
2359400Indian Hills Branch3103 Canton Street, Hopkinsville, KY 42240January 12, 2001Full Service Brick and Mortar
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6 Tennessee Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
31580Commerce Street Branch325 Commerce Street, Clarksville, TN 37040January 01, 1890Full Service Brick and Mortar
8429369Hilldale Office Branch1971 Madison Street, Clarksville, TN 37043September 22, 2003Full Service Brick and Mortar
9437253North Clarksville Branch2019 Fort Campbell Boulevard, Clarksville, TN 37042Febuary 09, 2005Full Service Brick and Mortar
10465798St Bethlehem Branch2250 Wilma Rudolph Boulevard, Clarksville, TN 37042May 07, 2007Full Service Brick and Mortar
11474384Highway 76 Branch895 Highway 76, Clarksville, TN 37043Febuary 11, 2008Full Service Brick and Mortar
12521468Rossview Branch495 Dunlop Lane, Clarksville, TN 37040July 12, 2011Full Service Brick and Mortar
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