FDIC Certificate #: 28434 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:PEOPLES BANK, NATIONAL ASSOCIATION (#29576) Federal Reserve ID: 291077 Date Established: January 01, 1914 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1583 FDIC's unique #: 41268 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: October 04, 1937 Last Structure Change Effective Date: January 01, 1999 Last Structure Change Process Date: March 18, 1999 Last Data Update: March 18, 1999 Data Source Date: April 05, 2012
Location
Address: 404 Ferry St, Russell, KY 41169 County: Greenup Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Dallas FDIC Field Office: Lexington Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Huntington-Ashland, WV-KY-OH (#3400) Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580) CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580)
Financial Summary
Total assets: $33.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$33,150Total assets
$614Cash and due from depository institutions
$452Interest-bearing balances
$7,876Securities
$0Federal funds sold & reverse repurchase agreements
$21,783Net loans & leases
$173Loan loss allowance
$0Trading account assets
$247Bank premises and fixed assets
$346Other real estate owned
$1,518Goodwill and other intangibles
$0Life insurance assets
$766All other assets
$33,150Total liabilities and capital
$28,993Total liabilities
$20,438Total deposits
$20,438Interest-bearing deposits
$20,438Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$8,200Other borrowed funds
$0Subordinated debt
$355All other liabilities
$4,157Total equity capital
$4,157Total bank equity capital
$4,157Perpetual preferred stock
$0Common stock
$0Surplus
$9,250Undivided profits
Memoranda
$-5,093Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$109Earning assets
$0Long-term assets (5+ years)
$133Average Assets, year-to-date
$30,111Average Assets, quarterly
$0Volatile liabilities
$33,735Insider loans
$33,509FHLB advances
$10,377Loans and leases held for sale
$291Unused loan commitments
$8,200Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$513Total unused commitments
$0Restructured Loans and leases
$15,184Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,300Total interest income
$1,494Total interest expense
$806Net interest income
$39Provision for loan and lease losses
$56Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$56Additional noninterest income
$689Total noninterest expense
$187Salaries and employee benefits
$52Premises and equipment expense
$450Additional noninterest expense
$134Pre-tax net operating income
$0Securities gains (losses)
$16Applicable income taxes
$118Income before extraordinary items
$0Extraordinary gains - net
$118Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$10Sale, conversion, retirement of capital stock, net
$1,913Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.44%Yield on earning assets
4.83%Cost of funding earning assets
2.61%Net interest margin
0.18%Noninterest income to earning assets
2.23%Noninterest expense to earning assets
0.35%Net operating income to assets
0.35%Return on assets (ROA)
0.40%Pretax return on assets
2.62%Return on equity (ROE)
-39.90%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
390.00%Credit loss provision to net charge-offs
17.30%Efficiency ratio
56,032Assets per employee
5.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
1621.19%Loss allowance to loans
0.79%Loss allowance to noncurrent loans
158.72%Noncurrent assets plus other real estate owned to assets
1.37%Noncurrent loans to loans
0.50%Net loans and leases to deposits
106.58%Net loans and leases to core deposits
119.29%Equity capital to assets
12.54%Core capital (leverage) ratio
8.03%Tier 1 risk-based capital ratio
16.68%Total risk-based capital ratio
Memoranda
$18Average assets
$33,735Average earning assets
$4,499Average equity
$30,913Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Russell Federal Savings Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: