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

The First National Bank of Grayson - Overview

  • General
  • FDIC Certificate #: 2695
    Status: Active
    Federal Reserve ID: 610913
    Bank Holding Company (Regulatory Top Holder): First Grayson Bancorp, Inc. (RSSDID: 1823747, Location: Grayson, KY)
    Date Established: January 01, 1902
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 9632
    FDIC's unique #: 1740
    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: October 17, 2008
    Last Structure Change Process Date: August 19, 2009
    Last Data Update: August 19, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 South Carol Malone Boulevard, Grayson, KY 41143
    County: Carter
    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): Huntington-Ashland, WV-KY-OH (#3400)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $216.5 mil
    Equity capital: $19.0 mil
    Deposits held in domestic offices: $193.0 mil
    Return on assets (ROA): 1.32% ($2.9 mil)
    Quarterly return on assets: 1.34% ($2.9 mil)
    Return on Equity (ROE): 15.37% ($2.9 mil)
    Quarterly return on equity: 15.03% ($2.9 mil)
    Net income: $2.9 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.97% ($4,265.1 mil)
    Quarterly Pretax return on assets: 2.07% ($4,481.6 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
  • 86Total employees (full-time equivalent)
  • $216,501Total assets
  • $19,546Cash and due from depository institutions
  • $14,177Interest-bearing balances
  • $68,785Securities
  • $7,675Federal funds sold & reverse repurchase agreements
  • $113,686Net loans & leases
  • $1,437Loan loss allowance
  • $0Trading account assets
  • $3,861Bank premises and fixed assets
  • $179Other real estate owned
  • $367Goodwill and other intangibles
  • $216,501Life insurance assets
  • $2,402All other assets
  • $197,494Total liabilities and capital
  • $193,048Total liabilities
  • $156,219Total deposits
  • $193,048Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 2159.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,287Subordinated debt
  • $19,007All other liabilities
  • $19,007Total equity capital
  • $19,007Total bank equity capital
  • $0Perpetual preferred stock
  • $2,000Common stock
  • $3,508Surplus
  • $13,499Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $628Income earned, not collected on loans
  • $0Earning assets
  • $931Long-term assets (5+ years)
  • $204,323Average Assets, year-to-date
  • $22,863Average Assets, quarterly
  • $220,188Volatile liabilities
  • $219,426Insider loans
  • $115,256FHLB advances
  • $217,336Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,475Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,206Restructured Loans and leases
  • $569Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,167Total interest income
  • $1,267Total interest expense
  • $7,900Net interest income
  • $72Provision for loan and lease losses
  • $2,997Total noninterest income
  • $0Fiduciary activities
  • $2,556Service charges on deposit accounts
  • $0Trading account gains & fees
  • $441Additional noninterest income
  • $6,483Total noninterest expense
  • $3,790Salaries and employee benefits
  • $819Premises and equipment expense
  • $1,874Additional noninterest expense
  • $4,342Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,443Applicable income taxes
  • $2,899Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,899Net income attributable to bank
  • $0Net charge-offs
  • $2,899Cash dividends
  • $110Sale, conversion, retirement of capital stock, net
  • $1,754Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.47%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 3.86%Net interest margin
  • 1.46%Noninterest income to earning assets
  • 3.16%Noninterest expense to earning assets
  • 1.32%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 1.97%Pretax return on assets
  • 15.37%Return on equity (ROE)
  • 6.07%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 65.45%Credit loss provision to net charge-offs
  • 40.13%Efficiency ratio
  • 59,374Assets per employee
  • 2.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.50%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 228.82%Noncurrent assets plus other real estate owned to assets
  • 0.37%Noncurrent loans to loans
  • 0.55%Net loans and leases to deposits
  • 58.89%Net loans and leases to core deposits
  • 62.30%Equity capital to assets
  • 8.78%Core capital (leverage) ratio
  • 8.50%Tier 1 risk-based capital ratio
  • 16.03%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $220,188Average earning assets
  • $18,863Average equity
  • $204,927Average loans

List of branches

  • 7 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01740The First National Bank Of Grayson200 South Carol Malone Boulevard, Grayson, KY 41143January 01, 1902Full Service Brick and Mortar
    1193870Willard Branch8752 S St Hwy 1, Willard, KY 41181Febuary 18, 1975Full Service Brick and Mortar
    2193871Rush Branch9844 East Us Hwy 60, Rush, KY 41168May 16, 1977Full Service Brick and Mortar
    3193872Depot Branch168 Railroad St, Olive Hill, KY 41164Febuary 13, 1990Full Service Brick and Mortar
    5358200Sandy Hook BranchKentucky State Route 7 And Kentucky Avenue, Sandy Hook, KY 41171September 14, 2000Full Service Brick and Mortar
    6364678West Liberty Branch400 Prestonsburg Street, West Liberty, KY 41472April 22, 2002Full Service Brick and Mortar
    7275654Grayson Branch380 S. Carol Malone Boulevard, Grayson, KY 41143November 01, 1935Full Service Brick and Mortar

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