The First Commonwealth Bank of Prestonsburg, Inc. in city_name, state_name

The First Commonwealth Bank of Prestonsburg, Inc. in Prestonsburg, Kentucky (KY)
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The First Commonwealth Bank of Prestonsburg, Inc. routing number info

The First Commonwealth Bank of Prestonsburg, Inc. - Overview

General
FDIC Certificate #: 2721
Status: Active
Federal Reserve ID: 511618
Bank Holding Company (Regulatory Top Holder): First Prestonsburg Bancshares, Inc. (RSSDID: 1071043, Location: Prestonsburg, KY)
Date Established: May 12, 1904
WWW: http://www.myfcb.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 13 (Domestic: 13, Interstate: No)
OTS Docket #: 10796
FDIC's unique #: 1763
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: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 22, 2011
Last Structure Change Process Date: May 20, 2011
Last Data Update: May 20, 2011
Data Source Date: April 05, 2012
Location
Address: 311 North Arnold Avenue, Prestonsburg, KY 41653
County: Floyd
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 Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $310.9 mil
Equity capital: $37.8 mil
Deposits held in domestic offices: $226.6 mil
Return on assets (ROA): 1.67% ($5.2 mil)
Quarterly return on assets: 1.89% ($5.9 mil)
Return on Equity (ROE): 14.51% ($5.5 mil)
Quarterly return on equity: 15.73% ($6.0 mil)
Net income: $4.4 mil
Quarterly Net income: $1.5 mil
Pretax return on assets: 1.67% ($5,191.5 mil)
Quarterly Pretax return on assets: 1.89% ($5,875.5 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
101Total employees (full-time equivalent)
$310,871Total assets
$11,819Cash and due from depository institutions
$6,660Interest-bearing balances
$119,409Securities
$0Federal funds sold & reverse repurchase agreements
$160,722Net loans & leases
$1,150Loan loss allowance
$0Trading account assets
$9,891Bank premises and fixed assets
$410Other real estate owned
$3,002Goodwill and other intangibles
$310,871Life insurance assets
$5,618All other assets
$273,080Total liabilities and capital
$226,637Total liabilities
$184,212Total deposits
$226,637Interest-bearing deposits
$97Deposits held in domestic offices
15486.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$27,535Trading liabilities
$0Other borrowed funds
$3,422Subordinated debt
$37,791All other liabilities
$37,791Total equity capital
$37,791Total bank equity capital
$0Perpetual preferred stock
$858Common stock
$18,037Surplus
$18,896Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$534Income earned, not collected on loans
$0Earning assets
$1,338Long-term assets (5+ years)
$286,791Average Assets, year-to-date
$149,321Average Assets, quarterly
$262,597Volatile liabilities
$311,797Insider loans
$188,810FHLB advances
$307,468Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$29,395Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,733Restructured Loans and leases
$1,320Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,594Total interest income
$1,366Total interest expense
$10,228Net interest income
$285Provision for loan and lease losses
$2,235Total noninterest income
$0Fiduciary activities
$1,282Service charges on deposit accounts
$0Trading account gains & fees
$953Additional noninterest income
$8,782Total noninterest expense
$4,350Salaries and employee benefits
$1,316Premises and equipment expense
$3,116Additional noninterest expense
$3,396Pre-tax net operating income
$998Securities gains (losses)
$0Applicable income taxes
$4,394Income before extraordinary items
$0Extraordinary gains - net
$4,394Net income attributable to bank
$0Net charge-offs
$4,394Cash dividends
$143Sale, conversion, retirement of capital stock, net
$3,650Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.79%Yield on earning assets
0.56%Cost of funding earning assets
4.23%Net interest margin
0.92%Noninterest income to earning assets
3.63%Noninterest expense to earning assets
1.29%Net operating income to assets
1.67%Return on assets (ROA)
1.67%Pretax return on assets
14.51%Return on equity (ROE)
2.46%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
199.30%Credit loss provision to net charge-offs
25.74%Efficiency ratio
69,341Assets per employee
3.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
83.07%Loss allowance to loans
0.71%Loss allowance to noncurrent loans
215.36%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.33%Net loans and leases to deposits
70.92%Net loans and leases to core deposits
75.05%Equity capital to assets
12.16%Core capital (leverage) ratio
9.56%Tier 1 risk-based capital ratio
15.57%Total risk-based capital ratio
Memoranda
$16Average assets
$262,597Average earning assets
$30,287Average equity
$241,884Average loans

List of branches

13 Kentucky Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1763	The First Commonwealth Bank Of Prestonsburg, Inc.	311 North Arnold Avenue, Prestonsburg, KY 41653	May 12, 1904	Full Service Brick and Mortar
1	193990	Twin Bridge Branch	Route 80, Martin, KY 41649	December 23, 1961	Full Service Brick and Mortar
2	193991	Betsy Layne Branch	U.S. 23 And 460 North, Betsy Layne, KY 41605	September 17, 1976	Full Service Brick and Mortar
3	193992	Northside Branch	838 North Arnold Avenue, Prestonsburg, KY 41653	September 20, 1976	Full Service Brick and Mortar
6	357485	Pikeville Lending Center	3780 North Mayo Trail, Pikeville, KY 41501	July 24, 2000	Limited Service Loan Production
7	357487	Morehead Lending Center	1390 Flemingsburg Road, Morehead, KY 40351	July 24, 2000	Limited Service Loan Production
8	464513	Pikeville Branch	262 Cassidy Boulevard, Pikeville, KY 41501	June 18, 2007	Full Service Brick and Mortar
9	42555	Family Bank Branch	232 Main Street, Paintsville, KY 41240	June 01, 1936	Full Service Brick and Mortar
10	276929	Inez Branch	87 Main Street, Inez, KY 41224	June 01, 1936	Full Service Brick and Mortar
11	276930	Downtown Salyersville	111 S Church Street, Salyersville, KY 41465	June 01, 1936	Full Service Brick and Mortar
13	441453	Pikeville N Mayo Trail	3822 North Mayo Trail, Pikeville, KY 41501	March 21, 2001	Full Service Brick and Mortar
14	441454	Salyersville Parkway Branch	230 East Mountain Parkway, Salyersville, KY 41465	April 09, 2001	Full Service Brick and Mortar
15	495446	Paintsville Mayo Plaza Branch	601 N Mayo Trail, Paintsville, KY 41240	June 30, 2009	Full Service Brick and Mortar

The First Commonwealth Bank of Prestonsburg, Inc. in Prestonsburg, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

The First Commonwealth Bank of Prestonsburg, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

The First Commonwealth Bank of Prestonsburg, Inc. in Prestonsburg, Kentucky (KY)Overview, Financial Summary, Detailed Financial Reports, Branches

The First Commonwealth Bank of Prestonsburg, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

The First Commonwealth Bank of Prestonsburg, Inc. in Prestonsburg, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches