FDIC Certificate #: 12157 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Whitaker Bank (#32912) Federal Reserve ID: 538240 Date Established: January 01, 1906 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 14778 FDIC's unique #: 7719 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: July 01, 2008 Last Structure Change Process Date: July 07, 2008 Last Data Update: July 07, 2008 Data Source Date: April 05, 2012
Location
Address: 211 South Main Street, Harrodsburg, KY 40330 County: Mercer Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Lexington Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $97.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
37Total employees (full-time equivalent)
$107,039Total assets
$2,433Cash and due from depository institutions
$173Interest-bearing balances
$32,269Securities
$13,410Federal funds sold & reverse repurchase agreements
$50,531Net loans & leases
$1,993Loan loss allowance
$0Trading account assets
$3,993Bank premises and fixed assets
$132Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,271All other assets
$107,039Total liabilities and capital
$96,842Total liabilities
$95,999Total deposits
$83,287Interest-bearing deposits
$95,999Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$843All other liabilities
$10,197Total equity capital
$10,197Total bank equity capital
$10,197Perpetual preferred stock
$0Common stock
$150Surplus
$684Undivided profits
Memoranda
$9,363Noncurrent loans and leases
$3,103Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,021Earning assets
$0Long-term assets (5+ years)
$873Average Assets, year-to-date
$96,383Average Assets, quarterly
$32,727Volatile liabilities
$105,980Insider loans
$105,861FHLB advances
$21,629Loans and leases held for sale
$367Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,103Total unused commitments
$0Restructured Loans and leases
$777Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$6,592Total interest income
$3,191Total interest expense
$3,401Net interest income
$160Provision for loan and lease losses
$894Total noninterest income
$8Fiduciary activities
$609Service charges on deposit accounts
$0Trading account gains & fees
$277Additional noninterest income
$3,997Total noninterest expense
$2,026Salaries and employee benefits
$652Premises and equipment expense
$1,319Additional noninterest expense
$138Pre-tax net operating income
$220Securities gains (losses)
-$41Applicable income taxes
$399Income before extraordinary items
$0Extraordinary gains - net
$399Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$322Sale, conversion, retirement of capital stock, net
$315Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.94%Yield on earning assets
3.36%Cost of funding earning assets
3.58%Net interest margin
0.94%Noninterest income to earning assets
4.21%Noninterest expense to earning assets
0.17%Net operating income to assets
0.38%Return on assets (ROA)
0.34%Pretax return on assets
3.94%Return on equity (ROE)
0.83%Retained earnings to average equity (YTD only)
0.61%Net charge-offs to loans
49.69%Credit loss provision to net charge-offs
0.93%Efficiency ratio
93,062Assets per employee
2.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
78.95%Loss allowance to loans
3.79%Loss allowance to noncurrent loans
49.56%Noncurrent assets plus other real estate owned to assets
3.88%Noncurrent loans to loans
7.66%Net loans and leases to deposits
52.64%Net loans and leases to core deposits
67.95%Equity capital to assets
9.53%Core capital (leverage) ratio
8.56%Tier 1 risk-based capital ratio
14.65%Total risk-based capital ratio
Memoranda
$16Average assets
$105,980Average earning assets
$10,135Average equity
$94,920Average loans
Total Fiduciary and Related Assets (December 31, 2007)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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