The First National Bank of Grayson in Grayson, Kentucky (KY)



Show street view No street view available for this location

The First National Bank of Grayson routing number info

Table of contents:
The First National Bank of Grayson
GeneralFDIC 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
WWW: http://www.fnbgrayson.com
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
LocationAddress: 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 ChangesOffice Purchased
Financial SummaryTotal 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)
Total employees (full-time equivalent)86
Total assets$216,501
Cash and due from depository institutions$19,546
Interest-bearing balances$14,177
Securities$68,785
Federal funds sold & reverse repurchase agreements$7,675
Net loans & leases$113,686
Loan loss allowance $1,437
Trading account assets$0
Bank premises and fixed assets$3,861
Other real estate owned$179
Goodwill and other intangibles$367
All other assets$2,402
Life insurance assets$216,501
Total liabilities and capital$197,494
Total liabilities$193,048
Total deposits$156,219
Interest-bearing deposits$193,048
Deposits held in domestic offices$81
% insured (estimated)2159.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $2,287
All other liabilities $19,007
Total equity capital$19,007
Total bank equity capital$19,007
Perpetual preferred stock$0
Common stock$2,000
Surplus$3,508
Undivided profits $13,499
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 $628
Earning assets $0
Long-term assets (5+ years) $931
Average Assets, year-to-date $204,323
Average Assets, quarterly $22,863
Volatile liabilities $220,188
Insider loans $219,426
FHLB advances $115,256
Loans and leases held for sale $217,336
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $18,475
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $12,206
Derivatives$569
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $9,167
Total interest expense $1,267
Net interest income $7,900
Provision for loan and lease losses $72
Total noninterest income $2,997
Fiduciary activities $0
Service charges on deposit accounts $2,556
Trading account gains & fees $0
Additional noninterest income $441
Total noninterest expense $6,483
Salaries and employee benefits $3,790
Premises and equipment expense $819
Additional noninterest expense $1,874
Pre-tax net operating income $4,342
Securities gains (losses) $0
Applicable income taxes $1,443
Income before extraordinary items $2,899
Extraordinary gains - net $0
Net income attributable to bank $2,899
Net charge-offs $0
Cash dividends $2,899
Sale, conversion, retirement of capital stock, net $110
Net operating income $1,754
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 assets4.47%
Cost of funding earning assets 0.62%
Net interest margin 3.86%
Noninterest income to earning assets 1.46%
Noninterest expense to earning assets 3.16%
Net operating income to assets 1.32%
Return on assets (ROA) 1.32%
Pretax return on assets 1.97%
Return on equity (ROE) 15.37%
Retained earnings to average equity (YTD only) 6.07%
Net charge-offs to loans 0.10%
Credit loss provision to net charge-offs 65.45%
Efficiency ratio40.13%
Assets per employee$59,374
Cash dividends to net income (YTD only)2.52%
Condition Ratios (%)
Loss allowance to loans 60.50%
Loss allowance to noncurrent loans 1.25%
Noncurrent assets plus other real estate owned to assets 228.82%
Noncurrent loans to loans 0.37%
Net loans and leases to deposits0.55%
Net loans and leases to core deposits 58.89%
Equity capital to assets 62.30%
Core capital (leverage) ratio 8.78%
Tier 1 risk-based capital ratio 8.50%
Total risk-based capital ratio 16.03%
Memoranda
Average assets$17
Average earning assets$220,188
Average equity $18,863
Average loans $204,927
Back to page top, Back to table top

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
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 First National Bank of Grayson.
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.