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

The First National Bank of Jackson - Overview

  • General
  • FDIC Certificate #: 2698
    Status: Active
    Federal Reserve ID: 620015
    Bank Holding Company (Regulatory Top Holder): First National Holding Company Of Jackson, The (RSSDID: 1132168, Location: Jackson, KY)
    Date Established: January 01, 1909
    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: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 1743
    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: June 01, 2010
    Last Structure Change Process Date: June 01, 2010
    Last Data Update: June 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1126 Main Street, Jackson, KY 41339
    County: Breathitt
    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
  • Change in Location
  • Financial Summary
  • Total assets: $116.3 mil
    Equity capital: $16.1 mil
    Deposits held in domestic offices: $99.4 mil
    Return on assets (ROA): 0.51% ($0.6 mil)
    Quarterly return on assets: -0.20% (-$0.2 mil)
    Return on Equity (ROE): 3.80% ($0.6 mil)
    Quarterly return on equity: -1.41% (-$0.2 mil)
    Net income: $0.6 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.61% ($709.6 mil)
    Quarterly Pretax return on assets: -0.14% (-$162.9 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
  • 33Total employees (full-time equivalent)
  • $116,325Total assets
  • $14,853Cash and due from depository institutions
  • $12,153Interest-bearing balances
  • $46,792Securities
  • $3,580Federal funds sold & reverse repurchase agreements
  • $47,239Net loans & leases
  • $477Loan loss allowance
  • $0Trading account assets
  • $1,070Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $116,325Life insurance assets
  • $2,791All other assets
  • $100,188Total liabilities and capital
  • $99,445Total liabilities
  • $87,124Total deposits
  • $99,445Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $743Subordinated debt
  • $16,137All other liabilities
  • $16,137Total equity capital
  • $16,137Total bank equity capital
  • $0Perpetual preferred stock
  • $560Common stock
  • $5,200Surplus
  • $10,377Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $326Income earned, not collected on loans
  • $0Earning assets
  • $509Long-term assets (5+ years)
  • $109,764Average Assets, year-to-date
  • $54,792Average Assets, quarterly
  • $115,510Volatile liabilities
  • $116,582Insider loans
  • $52,909FHLB advances
  • $116,231Loans and leases held for sale
  • $736Unused loan commitments
  • $736Tier 1 (core) risk-based capital
  • $15,707Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,339Restructured Loans and leases
  • $398Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,544Total interest income
  • $981Total interest expense
  • $3,563Net interest income
  • $33Provision for loan and lease losses
  • $565Total noninterest income
  • $0Fiduciary activities
  • $454Service charges on deposit accounts
  • $0Trading account gains & fees
  • $111Additional noninterest income
  • $3,297Total noninterest expense
  • $1,787Salaries and employee benefits
  • $531Premises and equipment expense
  • $979Additional noninterest expense
  • $798Pre-tax net operating income
  • $8Securities gains (losses)
  • $118Applicable income taxes
  • $688Income before extraordinary items
  • -$98Extraordinary gains - net
  • $590Net income attributable to bank
  • $0Net charge-offs
  • $590Cash dividends
  • $93Sale, conversion, retirement of capital stock, net
  • $14Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.21%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 3.30%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 3.05%Noninterest expense to earning assets
  • 0.59%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.61%Pretax return on assets
  • 3.80%Return on equity (ROE)
  • 3.71%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 35.48%Credit loss provision to net charge-offs
  • 8.94%Efficiency ratio
  • 79,869Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 2.37%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 146.32%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.68%Net loans and leases to deposits
  • 47.50%Net loans and leases to core deposits
  • 64.30%Equity capital to assets
  • 13.87%Core capital (leverage) ratio
  • 13.51%Tier 1 risk-based capital ratio
  • 29.69%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $115,510Average earning assets
  • $15,518Average equity
  • $107,937Average loans

List of branches

  • 2 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01743The First National Bank Of Jackson1126 Main Street, Jackson, KY 41339January 01, 1909Full Service Brick and Mortar
    1193880Lester Smith Parkway BranchNorth Jackson Plaza Highway 15, Jackson, KY 41339March 01, 1977Full Service Brick and Mortar

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