South Central Bank of Monroe County in Tompkinsville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

South Central Bank of Monroe County - Overview

  • General
  • FDIC Certificate #: 8133
    Status: Active
    Federal Reserve ID: 201049
    Bank Holding Company (Regulatory Top Holder): South Central Bancshares Of Kentucky, Inc. (RSSDID: 2810285, Location: Glasgow, KY)
    Date Established: January 01, 1889
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 15562
    FDIC's unique #: 5179
    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: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    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: Fourth And Main Street, Tompkinsville, KY 42167
    County: Monroe
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $114.0 mil
    Equity capital: $14.3 mil
    Deposits held in domestic offices: $92.4 mil
    Return on assets (ROA): 0.79% ($0.9 mil)
    Quarterly return on assets: 0.77% ($0.9 mil)
    Return on Equity (ROE): 6.52% ($0.9 mil)
    Quarterly return on equity: 6.23% ($0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.15% ($1,310.6 mil)
    Quarterly Pretax return on assets: 1.10% ($1,253.6 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
  • 36Total employees (full-time equivalent)
  • $113,966Total assets
  • $16,213Cash and due from depository institutions
  • $15,059Interest-bearing balances
  • $26,132Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $67,482Net loans & leases
  • $1,062Loan loss allowance
  • $0Trading account assets
  • $2,071Bank premises and fixed assets
  • $285Other real estate owned
  • $0Goodwill and other intangibles
  • $113,966Life insurance assets
  • $1,783All other assets
  • $99,710Total liabilities and capital
  • $92,374Total liabilities
  • $80,870Total deposits
  • $92,374Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 33.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,798Trading liabilities
  • $0Other borrowed funds
  • $2,505Subordinated debt
  • $14,256All other liabilities
  • $14,256Total equity capital
  • $14,256Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $3,500Surplus
  • $10,556Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,841Income earned, not collected on loans
  • $0Earning assets
  • $804Long-term assets (5+ years)
  • $108,673Average Assets, year-to-date
  • $35,359Average Assets, quarterly
  • $115,542Volatile liabilities
  • $114,897Insider loans
  • $72,342FHLB advances
  • $113,578Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,894Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,203Restructured Loans and leases
  • $1,121Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,152Total interest income
  • $1,129Total interest expense
  • $4,023Net interest income
  • $0Provision for loan and lease losses
  • $1,132Total noninterest income
  • $0Fiduciary activities
  • $625Service charges on deposit accounts
  • $0Trading account gains & fees
  • $507Additional noninterest income
  • $3,953Total noninterest expense
  • $1,488Salaries and employee benefits
  • $388Premises and equipment expense
  • $2,077Additional noninterest expense
  • $1,202Pre-tax net operating income
  • $127Securities gains (losses)
  • $414Applicable income taxes
  • $915Income before extraordinary items
  • $0Extraordinary gains - net
  • $915Net income attributable to bank
  • $0Net charge-offs
  • $915Cash dividends
  • $11Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.67%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 3.65%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 0.72%Net operating income to assets
  • 0.79%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 6.52%Return on equity (ROE)
  • 3.67%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 109.27%Efficiency ratio
  • 76,683Assets per employee
  • 3.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 43.72%Loss allowance to loans
  • 1.55%Loss allowance to noncurrent loans
  • 37.38%Noncurrent assets plus other real estate owned to assets
  • 2.74%Noncurrent loans to loans
  • 4.14%Net loans and leases to deposits
  • 73.05%Net loans and leases to core deposits
  • 78.47%Equity capital to assets
  • 12.51%Core capital (leverage) ratio
  • 12.23%Tier 1 risk-based capital ratio
  • 19.21%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $115,542Average earning assets
  • $14,033Average equity
  • $110,245Average loans

List of branches

  • 5 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05179South Central Bank Of Monroe CountyFourth And Main Street, Tompkinsville, KY 42167January 01, 1889Full Service Brick and Mortar
    25967Gamaliel BranchMain Street, Gamaliel, KY 42140August 28, 1903Full Service Brick and Mortar
    3219877Fountain Run Branch2 Main Street, Fountain Run, KY 42133April 08, 1943Full Service Brick and Mortar
    4363172Edmonton Road Branch1748 Edmonton Road, Tompkinsville, KY 42167March 04, 2002Full Service Brick and Mortar
    5466109Scottsville Branch414 East Main St, Scottsville, KY 42164April 02, 2007Full Service Brick and Mortar

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