The Exchange Bank of Kentucky in Mount Sterling, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1997

  • The Exchange Bank of Kentucky in Mount Sterling, Kentucky (KY)
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The Exchange Bank of Kentucky - Overview

  • General
  • FDIC Certificate #: 14603
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community Trust Bank, Inc. (#2720)
    Federal Reserve ID: 171414
    Date Established: August 10, 1856
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 10698
    FDIC's unique #: 9128
    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: July 28, 1934
    Last Structure Change Effective Date: January 01, 1997
    Last Structure Change Process Date: January 13, 1997
    Last Data Update: January 13, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: High And Maysville Streets, Mount Sterling, KY 40353
    County: Montgomery
    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
    Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
    Core Based Statistical Area (CBSA): Mount Sterling, KY (#34460)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $64.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $27Total assets
  • $64,826Cash and due from depository institutions
  • $4,292Interest-bearing balances
  • $474Securities
  • $14,166Federal funds sold & reverse repurchase agreements
  • $840Net loans & leases
  • $43,377Loan loss allowance
  • $649Trading account assets
  • $0Bank premises and fixed assets
  • $1,196Other real estate owned
  • $24Goodwill and other intangibles
  • $746Life insurance assets
  • $185All other assets
  • $0Total liabilities and capital
  • $64,826Total liabilities
  • $60,325Total deposits
  • $59,535Interest-bearing deposits
  • $50,611Deposits held in domestic offices
  • 59535.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $412Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $378Total equity capital
  • $378Total bank equity capital
  • $4,501Perpetual preferred stock
  • $0Common stock
  • $1,190Surplus
  • $2,000Undivided profits
  • Memoranda
  • $1,311Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $240Income earned, not collected on loans
  • $499Earning assets
  • $58,857Long-term assets (5+ years)
  • $15,599Average Assets, year-to-date
  • $63,494Average Assets, quarterly
  • $64,526Volatile liabilities
  • $6,684Insider loans
  • $823FHLB advances
  • $0Loans and leases held for sale
  • $2,691Unused loan commitments
  • $3,960Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,517Total risk weighted assets
  • $47,054Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,084Total interest expense
  • $2,378Net interest income
  • $2,706Provision for loan and lease losses
  • $327Total noninterest income
  • $1,025Fiduciary activities
  • $0Service charges on deposit accounts
  • $387Trading account gains & fees
  • $0Additional noninterest income
  • $638Total noninterest expense
  • $1,986Salaries and employee benefits
  • $732Premises and equipment expense
  • $282Additional noninterest expense
  • $972Pre-tax net operating income
  • $1,418Securities gains (losses)
  • $0Applicable income taxes
  • $417Income before extraordinary items
  • $1,001Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,001Net charge-offs
  • $150Cash dividends
  • $1,087Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.74%Cost of funding earning assets
  • 4.09%Net interest margin
  • 4.65%Noninterest income to earning assets
  • 1.76%Noninterest expense to earning assets
  • 3.41%Net operating income to assets
  • 1.58%Return on assets (ROA)
  • 1.58%Pretax return on assets
  • 2.23%Return on equity (ROE)
  • 22.17%Retained earnings to average equity (YTD only)
  • -1.91%Net charge-offs to loans
  • 0.36%Credit loss provision to net charge-offs
  • 218.00%Efficiency ratio
  • 52,854Assets per employee
  • 2.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 108.59%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 270.42%Noncurrent assets plus other real estate owned to assets
  • 0.41%Noncurrent loans to loans
  • 0.55%Net loans and leases to deposits
  • 72.86%Net loans and leases to core deposits
  • 81.44%Equity capital to assets
  • 6.94%Core capital (leverage) ratio
  • 6.85%Tier 1 risk-based capital ratio
  • 9.60%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $63,494Average earning assets
  • $4,514Average equity
  • $58,156Average loans

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