The Citizens National Bank of Russellville in Russellville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2005

  • The Citizens National Bank of Russellville in Russellville, Kentucky (KY)
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The Citizens National Bank of Russellville - Overview

  • General
  • FDIC Certificate #: 2768
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Southern National Bank (#2700)
    Federal Reserve ID: 176240
    Date Established: December 19, 1902
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 9644
    FDIC's unique #: 1804
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 01, 2005
    Last Structure Change Process Date: July 12, 2005
    Last Data Update: July 12, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 138 North Main Street, Russellville, KY 42276
    County: Logan
    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: $163.0 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, 2004)

  • Dollar figures in thousands
  • 35Total employees (full-time equivalent)
  • $166,883Total assets
  • $7,388Cash and due from depository institutions
  • $9Interest-bearing balances
  • $46,596Securities
  • $2,925Federal funds sold & reverse repurchase agreements
  • $97,218Net loans & leases
  • $1,135Loan loss allowance
  • $0Trading account assets
  • $2,860Bank premises and fixed assets
  • $0Other real estate owned
  • $7,704Goodwill and other intangibles
  • $0Life insurance assets
  • $2,192All other assets
  • $166,883Total liabilities and capital
  • $148,722Total liabilities
  • $146,908Total deposits
  • $134,026Interest-bearing deposits
  • $146,908Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $135Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,679All other liabilities
  • $18,161Total equity capital
  • $18,161Total bank equity capital
  • $18,161Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $17,706Undivided profits
  • Memoranda
  • $55Noncurrent loans and leases
  • $13,273Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,394Earning assets
  • $0Long-term assets (5+ years)
  • $823Average Assets, year-to-date
  • $146,748Average Assets, quarterly
  • $37,664Volatile liabilities
  • $173,869Insider loans
  • $169,001FHLB advances
  • $39,345Loans and leases held for sale
  • $3,548Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $13,273Total unused commitments
  • $0Restructured Loans and leases
  • $1,135Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $7,581Total interest income
  • $2,678Total interest expense
  • $4,903Net interest income
  • $720Provision for loan and lease losses
  • $924Total noninterest income
  • $0Fiduciary activities
  • $792Service charges on deposit accounts
  • $0Trading account gains & fees
  • $132Additional noninterest income
  • $3,469Total noninterest expense
  • $1,366Salaries and employee benefits
  • $357Premises and equipment expense
  • $1,746Additional noninterest expense
  • $1,638Pre-tax net operating income
  • $7Securities gains (losses)
  • $285Applicable income taxes
  • $1,360Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,360Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $512Sale, conversion, retirement of capital stock, net
  • $1,950Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.88%Yield on earning assets
  • 1.72%Cost of funding earning assets
  • 3.15%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 2.23%Noninterest expense to earning assets
  • 0.78%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 7.88%Return on equity (ROE)
  • -3.42%Retained earnings to average equity (YTD only)
  • 0.64%Net charge-offs to loans
  • 140.63%Credit loss provision to net charge-offs
  • 4.61%Efficiency ratio
  • 59,533Assets per employee
  • 4.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 143.38%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 81.42%Noncurrent assets plus other real estate owned to assets
  • 0.84%Noncurrent loans to loans
  • 1.42%Net loans and leases to deposits
  • 66.18%Net loans and leases to core deposits
  • 90.27%Equity capital to assets
  • 10.88%Core capital (leverage) ratio
  • 6.73%Tier 1 risk-based capital ratio
  • 9.60%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $173,869Average earning assets
  • $17,268Average equity
  • $155,429Average loans

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