The Farmers National Bank of Cynthiana in Cynthiana, Kentucky (KY)



Show street view No street view available for this location

The Farmers National Bank of Cynthiana routing number info

Table of contents:
The Farmers National Bank of Cynthiana
GeneralFDIC Certificate #: 2689
Status: Active
Federal Reserve ID: 854418
Bank Holding Company (Regulatory Top Holder): Farmers National Bancorp Of Cynthiana, Inc. (RSSDID: 1071511, Location: Cynthiana, KY)
Date Established: January 01, 1881
WWW: http://www.fnbcynthiana.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 12366
FDIC's unique #: 1735
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 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: Main And Pike Streets, Cynthiana, KY 41031
County: Harrison
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $105.3 mil
Equity capital: $12.2 mil
Deposits held in domestic offices: $81.9 mil
Return on assets (ROA): -3.15% (-$3.3 mil)
Quarterly return on assets: -7.26% (-$7.6 mil)
Return on Equity (ROE): -25.18% (-$3.0 mil)
Quarterly return on equity: -58.84% (-$7.1 mil)
Net income: -$3.5 mil
Quarterly Net income: -$1.9 mil
Pretax return on assets: -3.15% (-$3,316.7 mil)
Quarterly Pretax return on assets: -7.26% (-$7,644.3 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)27
Total assets$105,293
Cash and due from depository institutions$3,208
Interest-bearing balances$2,138
Securities$52,861
Federal funds sold & reverse repurchase agreements$2,065
Net loans & leases$42,931
Loan loss allowance $3,421
Trading account assets$0
Bank premises and fixed assets$1,123
Other real estate owned$825
Goodwill and other intangibles$0
All other assets$2,280
Life insurance assets$105,293
Total liabilities and capital$93,091
Total liabilities$81,875
Total deposits$69,303
Interest-bearing deposits$81,875
Deposits held in domestic offices$84
% insured (estimated)10000.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$128
Other borrowed funds $0
Subordinated debt $1,088
All other liabilities $12,202
Total equity capital$12,202
Total bank equity capital$12,202
Perpetual preferred stock$0
Common stock$250
Surplus$365
Undivided profits $11,587
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 $10,846
Earning assets $239
Long-term assets (5+ years) $699
Average Assets, year-to-date $99,995
Average Assets, quarterly $42,928
Volatile liabilities $111,903
Insider loans $107,268
FHLB advances $54,105
Loans and leases held for sale $108,220
Unused loan commitments $544
Tier 1 (core) risk-based capital $544
Tier 2 risk-based capital $10,361
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $564
Derivatives$569
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,190
Total interest expense $1,308
Net interest income $2,882
Provision for loan and lease losses $3,355
Total noninterest income $571
Fiduciary activities $1
Service charges on deposit accounts $400
Trading account gains & fees $0
Additional noninterest income $170
Total noninterest expense $3,618
Salaries and employee benefits $1,388
Premises and equipment expense $432
Additional noninterest expense $1,798
Pre-tax net operating income -$3,520
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items -$3,520
Extraordinary gains - net $0
Net income attributable to bank -$3,520
Net charge-offs $0
Cash dividends -$3,520
Sale, conversion, retirement of capital stock, net $3,568
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.93%
Cost of funding earning assets 1.23%
Net interest margin 2.71%
Noninterest income to earning assets 0.54%
Noninterest expense to earning assets 3.40%
Net operating income to assets -3.15%
Return on assets (ROA) -3.15%
Pretax return on assets -3.15%
Return on equity (ROE) -25.18%
Retained earnings to average equity (YTD only) -25.18%
Net charge-offs to loans 6.99%
Credit loss provision to net charge-offs 94.03%
Efficiency ratio-0.05%
Assets per employee$104,778
Cash dividends to net income (YTD only)3.90%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 7.38%
Noncurrent assets plus other real estate owned to assets 31.54%
Noncurrent loans to loans 11.08%
Net loans and leases to deposits23.40%
Net loans and leases to core deposits 52.43%
Equity capital to assets 58.41%
Core capital (leverage) ratio 11.59%
Tier 1 risk-based capital ratio 9.57%
Total risk-based capital ratio 19.15%
Memoranda
Average assets$20
Average earning assets$111,903
Average equity $13,979
Average loans $106,522
Back to page top, Back to table top

Total Fiduciary and Related Assets (December 31, 2010)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$4,270
Number of Accounts1
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts1
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$4,270
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Back to page top, Back to table top

6 Kentucky Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
01735The Farmers National Bank Of CynthiaMain And Pike Streets, Cynthiana, KY 41031January 01, 1881Full Service Brick and Mortar
1193845Installment Loan Department Branch41 East Pike Street, Cynthiana, KY 41031January 01, 1955Limited Service Loan Production
2193846Drive-In Branch29 South Main Street, Cynthiana, KY 41031April 05, 1961Limited Service Facility
33998Berry BranchMain Street, Berry, KY 41003July 01, 1919Full Service Brick and Mortar
4193847Southside BranchU.S. 27 South, Cynthiana, KY 41031December 21, 1981Full Service Brick and Mortar
6419558Bourbon Farmers Bank BranchRock Dr, Paris, KY 40361June 10, 2003Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Farmers National Bank of Cynthiana.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.