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

The Farmers National Bank of Danville - Overview

  • General
  • FDIC Certificate #: 2740
    Status: Active
    Federal Reserve ID: 785147
    Bank Holding Company (Regulatory Top Holder): Boyle Bancorp, Inc. (RSSDID: 1119244, Location: Danville, KY)
    Date Established: Febuary 10, 1879
    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: 11 (Domestic: 11, Interstate: No)
    OTS Docket #: 11804
    FDIC's unique #: 1779
    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: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    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
  • Location
  • Address: 304 West Main Street, Danville, KY 40422
    County: Boyle
    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
    Core Based Statistical Area (CBSA): Danville, KY (#19220)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $479.5 mil
    Equity capital: $49.2 mil
    Deposits held in domestic offices: $412.6 mil
    Return on assets (ROA): 0.61% ($2.9 mil)
    Quarterly return on assets: 0.58% ($2.8 mil)
    Return on Equity (ROE): 6.29% ($3.1 mil)
    Quarterly return on equity: 5.66% ($2.8 mil)
    Net income: $3.0 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.75% ($3,596.3 mil)
    Quarterly Pretax return on assets: 0.63% ($3,020.9 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, 2011)

  • Dollar figures in thousands
  • 151Total employees (full-time equivalent)
  • $479,505Total assets
  • $23,201Cash and due from depository institutions
  • $4,896Interest-bearing balances
  • $148,535Securities
  • $10,728Federal funds sold & reverse repurchase agreements
  • $269,854Net loans & leases
  • $7,242Loan loss allowance
  • $0Trading account assets
  • $13,041Bank premises and fixed assets
  • $7,866Other real estate owned
  • $0Goodwill and other intangibles
  • $479,505Life insurance assets
  • $6,280All other assets
  • $430,345Total liabilities and capital
  • $412,589Total liabilities
  • $347,097Total deposits
  • $412,589Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,423Trading liabilities
  • $0Other borrowed funds
  • $2,333Subordinated debt
  • $49,160All other liabilities
  • $49,160Total equity capital
  • $49,160Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $4,540Surplus
  • $44,120Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $246Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,879Income earned, not collected on loans
  • $0Earning assets
  • $2,209Long-term assets (5+ years)
  • $434,013Average Assets, year-to-date
  • $115,034Average Assets, quarterly
  • $492,826Volatile liabilities
  • $486,687Insider loans
  • $281,045FHLB advances
  • $485,188Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $46,106Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $26,045Restructured Loans and leases
  • $4,566Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,822Total interest income
  • $6,275Total interest expense
  • $13,547Net interest income
  • $1,064Provision for loan and lease losses
  • $5,111Total noninterest income
  • $1,145Fiduciary activities
  • $2,410Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,556Additional noninterest income
  • $14,977Total noninterest expense
  • $7,954Salaries and employee benefits
  • $1,574Premises and equipment expense
  • $5,449Additional noninterest expense
  • $2,617Pre-tax net operating income
  • $1,073Securities gains (losses)
  • $680Applicable income taxes
  • $3,010Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,010Net income attributable to bank
  • $0Net charge-offs
  • $3,010Cash dividends
  • $2,461Sale, conversion, retirement of capital stock, net
  • $1,414Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.43%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 3.03%Net interest margin
  • 1.14%Noninterest income to earning assets
  • 3.35%Noninterest expense to earning assets
  • 0.43%Net operating income to assets
  • 0.61%Return on assets (ROA)
  • 0.75%Pretax return on assets
  • 6.29%Return on equity (ROE)
  • 3.33%Retained earnings to average equity (YTD only)
  • 0.83%Net charge-offs to loans
  • 43.23%Credit loss provision to net charge-offs
  • 1.50%Efficiency ratio
  • 80,271Assets per employee
  • 3.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.98%Loss allowance to loans
  • 2.61%Loss allowance to noncurrent loans
  • 48.67%Noncurrent assets plus other real estate owned to assets
  • 4.74%Noncurrent loans to loans
  • 5.37%Net loans and leases to deposits
  • 65.41%Net loans and leases to core deposits
  • 68.54%Equity capital to assets
  • 10.25%Core capital (leverage) ratio
  • 9.50%Tier 1 risk-based capital ratio
  • 16.41%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $492,826Average earning assets
  • $47,872Average equity
  • $447,135Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $275,154Managed Assets
  • 1Number of Accounts
  • $265,031Personal trust and agency accounts
  • $68,841Employee benefit-defined contribution accounts
  • $4,378Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $36,283Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $86,766Other fiduciary accounts
  • $68,763Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 465Number of Accounts
  • $0Personal trust and agency accounts
  • $36,283Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $10,123Other retirement accounts
  • $4,916Corporate trust and agency accounts
  • $2,001Other fiduciary accounts
  • $2,583Fiduciary accounts held in foreign offices

List of branches

  • 11 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01779The Farmers National Bank Of Danvill304 West Main Street, Danville, KY 40422Febuary 10, 1879Full Service Brick and Mortar
    3194038Danville Square Branch1714 Perryville Road, Danville, KY 40422September 12, 1977Limited Service Facility
    4194039Perryville Branch309 East Second Street, Perryville, KY 40468December 15, 1986Full Service Brick and Mortar
    6210Burgin Branch125 E Main Street, Harrodsburg, KY 40330June 03, 1896Full Service Brick and Mortar
    7194041Harrodsburg Branch776 South College Street, Harrodsburg, KY 40330September 18, 1995Full Service Brick and Mortar
    8194042Southtown Express Branch224 Southtown Drive, Danville, KY 40422Febuary 02, 1999Limited Service Facility
    9340665Junction City Branch101 Shelby Junction Lane, Junction City, KY 40440May 22, 2000Limited Service Facility
    10366081Stanford Branch131 Frontier Boulevard, Stanford, KY 40484January 13, 2003Full Service Brick and Mortar
    11419609East Main Branch211 East Main Street, Danville, KY 40422October 28, 2002Limited Service Facility
    12478864Lancaster Branch20 Commerce Drive, Lancaster, KY 40444Febuary 19, 2008Full Service Brick and Mortar
    13478865North Mercer Branch1000 Colton Drive, Harrodsburg, KY 40330May 21, 2008Limited Service Facility

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