Southern Deposit Bank in Russellville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 02, 2000

  • Southern Deposit Bank in Russellville, Kentucky (KY)
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Southern Deposit Bank - Overview

  • General
  • FDIC Certificate #: 271
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Area Bank (#18478)
    Federal Reserve ID: 178347
    Date Established: January 01, 1916
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 9539
    FDIC's unique #: 217
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 02, 2000
    Last Structure Change Process Date: December 08, 2000
    Last Data Update: December 08, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 West Park Square, Russellville, KY 42276
    County: Logan
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Hopkinsville
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $81.7 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, 1999)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $80,819Total assets
  • $2,783Cash and due from depository institutions
  • $148Interest-bearing balances
  • $19,774Securities
  • $2,325Federal funds sold & reverse repurchase agreements
  • $53,310Net loans & leases
  • $674Loan loss allowance
  • $0Trading account assets
  • $933Bank premises and fixed assets
  • $0Other real estate owned
  • $875Goodwill and other intangibles
  • $0Life insurance assets
  • $819All other assets
  • $80,819Total liabilities and capital
  • $73,800Total liabilities
  • $60,953Total deposits
  • $53,185Interest-bearing deposits
  • $60,953Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,133Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $11,000Other borrowed funds
  • $0Subordinated debt
  • $714All other liabilities
  • $7,019Total equity capital
  • $7,019Total bank equity capital
  • $7,019Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $5,204Undivided profits
  • Memoranda
  • $815Noncurrent loans and leases
  • $11,332Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $15Earning assets
  • $0Long-term assets (5+ years)
  • $446Average Assets, year-to-date
  • $75,557Average Assets, quarterly
  • $17,501Volatile liabilities
  • $74,834Insider loans
  • $76,699FHLB advances
  • $20,777Loans and leases held for sale
  • $1,751Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,332Total unused commitments
  • $0Restructured Loans and leases
  • $674Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $5,491Total interest income
  • $2,378Total interest expense
  • $3,113Net interest income
  • $20Provision for loan and lease losses
  • $591Total noninterest income
  • $0Fiduciary activities
  • $379Service charges on deposit accounts
  • $0Trading account gains & fees
  • $212Additional noninterest income
  • $2,180Total noninterest expense
  • $942Salaries and employee benefits
  • $242Premises and equipment expense
  • $996Additional noninterest expense
  • $1,504Pre-tax net operating income
  • $0Securities gains (losses)
  • $464Applicable income taxes
  • $1,040Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,040Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $79Sale, conversion, retirement of capital stock, net
  • $1,347Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.87%Yield on earning assets
  • 3.41%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.85%Noninterest income to earning assets
  • 3.12%Noninterest expense to earning assets
  • 1.39%Net operating income to assets
  • 1.39%Return on assets (ROA)
  • 2.01%Pretax return on assets
  • 14.62%Return on equity (ROE)
  • -4.32%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 25.32%Credit loss provision to net charge-offs
  • 19.29%Efficiency ratio
  • 50,972Assets per employee
  • 3.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 129.52%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 4493.33%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 87.46%Net loans and leases to core deposits
  • 101.91%Equity capital to assets
  • 8.68%Core capital (leverage) ratio
  • 7.85%Tier 1 risk-based capital ratio
  • 11.35%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $74,834Average earning assets
  • $7,113Average equity
  • $69,787Average loans

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