The Farmers Bank in Nicholasville, Kentucky (KY)



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The Farmers Bank routing number info

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The Farmers Bank
GeneralFDIC Certificate #: 14894
Status: Active
Federal Reserve ID: 485214
Bank Holding Company (Regulatory Top Holder): Farmers Bancorp Of Nicholasville, Inc. (RSSDID: 1071771, Location: Nicholasville, KY)
Date Established: January 01, 1934
WWW: http://www.myfarmersbank.net
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 13393
FDIC's unique #: 9326
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: Commercial Lending Specialization
Date of Deposit Insurance: November 30, 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
LocationAddress: 200 North Main Street, Nicholasville, KY 40356
County: Jessamine
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
Metropolitan Statistical Area (MSA): Lexington, KY (#4280)
Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
Core Based Statistical Area (CBSA): Lexington-Fayette, KY (#30460)
CBSA Metro Statistical Area: Lexington-Fayette, KY (#30460)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $101.0 mil
Equity capital: $11.1 mil
Deposits held in domestic offices: $87.2 mil
Return on assets (ROA): 0.30% ($0.3 mil)
Quarterly return on assets: 0.55% ($0.6 mil)
Return on Equity (ROE): 2.66% ($0.3 mil)
Quarterly return on equity: 4.94% ($0.5 mil)
Net income: $0.3 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.33% ($333.3 mil)
Quarterly Pretax return on assets: 0.72% ($727.3 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)
Total employees (full-time equivalent)37
Total assets$101,014
Cash and due from depository institutions$1,995
Interest-bearing balances$74
Securities$27,157
Federal funds sold & reverse repurchase agreements$3,810
Net loans & leases$62,477
Loan loss allowance $1,174
Trading account assets$0
Bank premises and fixed assets$3,309
Other real estate owned$920
Goodwill and other intangibles$0
All other assets$1,346
Life insurance assets$101,014
Total liabilities and capital$89,887
Total liabilities$87,195
Total deposits$66,704
Interest-bearing deposits$87,195
Deposits held in domestic offices$89
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$2,237
Other borrowed funds $0
Subordinated debt $455
All other liabilities $11,127
Total equity capital$11,127
Total bank equity capital$11,127
Perpetual preferred stock$0
Common stock$200
Surplus$5,015
Undivided profits $5,912
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $384
Earning assets $0
Long-term assets (5+ years) $435
Average Assets, year-to-date $93,518
Average Assets, quarterly $61,839
Volatile liabilities $95,173
Insider loans $98,760
FHLB advances $61,562
Loans and leases held for sale $102,356
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $10,873
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,049
Derivatives$843
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,391
Total interest expense $620
Net interest income $3,771
Provision for loan and lease losses $180
Total noninterest income $541
Fiduciary activities $0
Service charges on deposit accounts $474
Trading account gains & fees $0
Additional noninterest income $67
Total noninterest expense $3,832
Salaries and employee benefits $1,922
Premises and equipment expense $420
Additional noninterest expense $1,490
Pre-tax net operating income $300
Securities gains (losses) $17
Applicable income taxes $31
Income before extraordinary items $286
Extraordinary gains - net $0
Net income attributable to bank $286
Net charge-offs $0
Cash dividends $286
Sale, conversion, retirement of capital stock, net -$28
Net operating income $64
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.06%
Cost of funding earning assets 0.72%
Net interest margin 4.35%
Noninterest income to earning assets 0.62%
Noninterest expense to earning assets 4.42%
Net operating income to assets 0.28%
Return on assets (ROA) 0.30%
Pretax return on assets 0.33%
Return on equity (ROE) 2.66%
Retained earnings to average equity (YTD only) 2.07%
Net charge-offs to loans -0.05%
Credit loss provision to net charge-offs -642.86%
Efficiency ratio0.00%
Assets per employee$88,868
Cash dividends to net income (YTD only)2.73%
Condition Ratios (%)
Loss allowance to loans 22.38%
Loss allowance to noncurrent loans 1.84%
Noncurrent assets plus other real estate owned to assets 305.73%
Noncurrent loans to loans 1.29%
Net loans and leases to deposits0.60%
Net loans and leases to core deposits 71.65%
Equity capital to assets 73.35%
Core capital (leverage) ratio 11.02%
Tier 1 risk-based capital ratio 10.62%
Total risk-based capital ratio 17.66%
Memoranda
Average assets$19
Average earning assets$95,173
Average equity $10,740
Average loans $86,712
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4 Kentucky Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
09326The Farmers Bank200 North Main Street, Nicholasville, KY 40356January 01, 1934Full Service Brick and Mortar
1232389Wilmore Branch213 East Main Street, Wilmore, KY 40390Febuary 06, 1935Full Service Brick and Mortar
6458811Brannon Crossing Branch110 East Brannon Road, Nicholasville, KY 40356January 10, 2007Full Service Brick and Mortar
7480329Bell Place Branch201 Bellaire Drive, Nicholasville, KY 40356August 14, 2008Full Service Brick and Mortar
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