Planters Bank, Inc. in Hopkinsville, Kentucky (KY), TN
Overview, Financial Summary, Detailed Financial Reports, Branches

Planters Bank, Inc. - Overview

  • General
  • FDIC 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
    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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 113Total employees (full-time equivalent)
  • $675,453Total assets
  • $31,658Cash and due from depository institutions
  • $22,342Interest-bearing balances
  • $184,409Securities
  • $89Federal funds sold & reverse repurchase agreements
  • $435,639Net loans & leases
  • $7,321Loan loss allowance
  • $0Trading account assets
  • $7,171Bank premises and fixed assets
  • $143Other real estate owned
  • $0Goodwill and other intangibles
  • $675,453Life insurance assets
  • $16,344All other assets
  • $602,398Total liabilities and capital
  • $521,370Total liabilities
  • $457,681Total deposits
  • $521,370Interest-bearing deposits
  • $74Deposits held in domestic offices
  • 25578.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $53,196Trading liabilities
  • $0Other borrowed funds
  • $2,254Subordinated debt
  • $73,055All other liabilities
  • $73,055Total equity capital
  • $73,055Total bank equity capital
  • $0Perpetual preferred stock
  • $1,779Common stock
  • $62,892Surplus
  • $8,384Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,285Income earned, not collected on loans
  • $0Earning assets
  • $3,493Long-term assets (5+ years)
  • $642,479Average Assets, year-to-date
  • $179,905Average Assets, quarterly
  • $628,711Volatile liabilities
  • $661,843Insider loans
  • $461,511FHLB advances
  • $659,496Loans and leases held for sale
  • $8,832Unused loan commitments
  • $5,455Tier 1 (core) risk-based capital
  • $68,997Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,377Total unused commitments
  • $80,719Restructured Loans and leases
  • $23,977Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $28,419Total interest income
  • $7,552Total interest expense
  • $20,867Net interest income
  • $1,195Provision for loan and lease losses
  • $3,486Total noninterest income
  • $439Fiduciary activities
  • $1,678Service charges on deposit accounts
  • -$10Trading account gains & fees
  • $1,379Additional noninterest income
  • $12,947Total noninterest expense
  • $7,617Salaries and employee benefits
  • $1,381Premises and equipment expense
  • $3,949Additional noninterest expense
  • $10,211Pre-tax net operating income
  • $0Securities gains (losses)
  • $221Applicable income taxes
  • $9,990Income before extraordinary items
  • $0Extraordinary gains - net
  • $9,990Net income attributable to bank
  • $0Net charge-offs
  • $9,990Cash dividends
  • $191Sale, conversion, retirement of capital stock, net
  • $3,963Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.76%Yield on earning assets
  • 1.27%Cost of funding earning assets
  • 3.50%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 2.17%Noninterest expense to earning assets
  • 1.59%Net operating income to assets
  • 1.59%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 17.37%Return on equity (ROE)
  • 10.48%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 625.65%Credit loss provision to net charge-offs
  • 59.72%Efficiency ratio
  • 53,164Assets per employee
  • 5.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.67%Loss allowance to loans
  • 1.65%Loss allowance to noncurrent loans
  • 222.86%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.74%Net loans and leases to deposits
  • 83.56%Net loans and leases to core deposits
  • 119.22%Equity capital to assets
  • 10.82%Core capital (leverage) ratio
  • 10.46%Tier 1 risk-based capital ratio
  • 14.95%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $628,711Average earning assets
  • $57,526Average equity
  • $596,648Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $92,469Managed Assets
  • 1Number of Accounts
  • $73,724Personal trust and agency accounts
  • $28,061Employee benefit-defined contribution accounts
  • $16Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $3,307Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $40,733Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $1,607Non-managed Assets
  • 282Number of Accounts
  • $0Personal trust and agency accounts
  • $3,292Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $18,745Other retirement accounts
  • $6,359Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $12,276Fiduciary accounts held in foreign offices

List of branches

  • 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
  • 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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