Princeton Federal Bank, fsb in Princeton, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 25, 1999

  • Princeton Federal Bank, fsb in Princeton, Kentucky (KY)
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Princeton Federal Bank, fsb - Overview

  • General
  • FDIC Certificate #: 29394
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Kentucky Bank (#8795)
    Federal Reserve ID: 429478
    Date Established: January 01, 1922
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3384
    FDIC's unique #: 42228
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: August 15, 1935
    Last Structure Change Effective Date: March 25, 1999
    Last Structure Change Process Date: March 31, 1999
    Last Data Update: March 31, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: P O Box 69, Princeton, KY 42445
    County: Caldwell
    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
  • Financial Summary
  • Total assets: $32.0 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 8Total employees (full-time equivalent)
  • $32,017Total assets
  • $749Cash and due from depository institutions
  • $327Interest-bearing balances
  • $4,817Securities
  • $2,870Federal funds sold & reverse repurchase agreements
  • $22,440Net loans & leases
  • $231Loan loss allowance
  • $0Trading account assets
  • $266Bank premises and fixed assets
  • $40Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $835All other assets
  • $32,017Total liabilities and capital
  • $27,584Total liabilities
  • $22,953Total deposits
  • $21,933Interest-bearing deposits
  • $22,953Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,353Other borrowed funds
  • $0Subordinated debt
  • $278All other liabilities
  • $4,433Total equity capital
  • $4,433Total bank equity capital
  • $4,433Perpetual preferred stock
  • $0Common stock
  • $3Surplus
  • $2,881Undivided profits
  • Memoranda
  • $1,549Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $537Earning assets
  • $0Long-term assets (5+ years)
  • $258Average Assets, year-to-date
  • $30,454Average Assets, quarterly
  • $0Volatile liabilities
  • $31,966Insider loans
  • $31,968FHLB advances
  • $5,229Loans and leases held for sale
  • $259Unused loan commitments
  • $4,353Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $431Total unused commitments
  • $0Restructured Loans and leases
  • $19,951Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $2,457Total interest income
  • $1,322Total interest expense
  • $1,135Net interest income
  • $24Provision for loan and lease losses
  • $106Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $106Additional noninterest income
  • $1,145Total noninterest expense
  • $646Salaries and employee benefits
  • $131Premises and equipment expense
  • $368Additional noninterest expense
  • $72Pre-tax net operating income
  • $0Securities gains (losses)
  • $124Applicable income taxes
  • -$52Income before extraordinary items
  • $0Extraordinary gains - net
  • -$52Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $316Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.08%Yield on earning assets
  • 4.35%Cost of funding earning assets
  • 3.73%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 3.76%Noninterest expense to earning assets
  • -0.16%Net operating income to assets
  • -0.16%Return on assets (ROA)
  • 0.23%Pretax return on assets
  • -1.15%Return on equity (ROE)
  • -8.15%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 92,264Assets per employee
  • 4.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -607.69%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 43.02%Noncurrent assets plus other real estate owned to assets
  • 1.80%Noncurrent loans to loans
  • 2.37%Net loans and leases to deposits
  • 97.76%Net loans and leases to core deposits
  • 101.64%Equity capital to assets
  • 13.85%Core capital (leverage) ratio
  • 14.34%Tier 1 risk-based capital ratio
  • 23.14%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $31,966Average earning assets
  • $4,513Average equity
  • $30,420Average loans

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