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

This bank is inactive as of October 02, 2000

  • The New Farmers National Bank of Glasgow in Glasgow, Kentucky (KY)
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The New Farmers National Bank of Glasgow - Overview

  • General
  • FDIC Certificate #: 2746
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: (#14876)
    Federal Reserve ID: 516846
    Date Established: January 01, 1932
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 9838
    FDIC's unique #: 1784
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 02, 2000
    Last Structure Change Process Date: November 15, 2000
    Last Data Update: November 15, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 West Main Street, Glasgow, KY 42141
    County: Barren
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Elizabethtown
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Glasgow, KY (#23980)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merger - Without Assistance
    Office Sold
  • Financial Summary
  • Total assets: $167.4 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 72Total employees (full-time equivalent)
  • $167,897Total assets
  • $5,483Cash and due from depository institutions
  • $69Interest-bearing balances
  • $33,300Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $119,444Net loans & leases
  • $1,705Loan loss allowance
  • $0Trading account assets
  • $7,028Bank premises and fixed assets
  • $0Other real estate owned
  • $563Goodwill and other intangibles
  • $0Life insurance assets
  • $2,079All other assets
  • $167,897Total liabilities and capital
  • $154,533Total liabilities
  • $125,085Total deposits
  • $106,356Interest-bearing deposits
  • $125,085Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $16,235Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,249Other borrowed funds
  • $0Subordinated debt
  • $964All other liabilities
  • $13,364Total equity capital
  • $13,364Total bank equity capital
  • $13,364Perpetual preferred stock
  • $0Common stock
  • $1,059Surplus
  • $11,430Undivided profits
  • Memoranda
  • $875Noncurrent loans and leases
  • $15,931Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $538Earning assets
  • $133Long-term assets (5+ years)
  • $1,308Average Assets, year-to-date
  • $152,813Average Assets, quarterly
  • $26,521Volatile liabilities
  • $164,919Insider loans
  • $167,850FHLB advances
  • $24,353Loans and leases held for sale
  • $6,295Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $68Total risk weighted assets
  • $15,931Total unused commitments
  • $46Restructured Loans and leases
  • $1,681Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $12,278Total interest income
  • $5,616Total interest expense
  • $6,662Net interest income
  • $341Provision for loan and lease losses
  • $1,307Total noninterest income
  • $9Fiduciary activities
  • $904Service charges on deposit accounts
  • $0Trading account gains & fees
  • $394Additional noninterest income
  • $4,819Total noninterest expense
  • $2,444Salaries and employee benefits
  • $713Premises and equipment expense
  • $1,662Additional noninterest expense
  • $2,809Pre-tax net operating income
  • $2Securities gains (losses)
  • $687Applicable income taxes
  • $2,124Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,124Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $219Sale, conversion, retirement of capital stock, net
  • $1,495Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.15%Yield on earning assets
  • 3.73%Cost of funding earning assets
  • 4.42%Net interest margin
  • 0.87%Noninterest income to earning assets
  • 3.20%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.70%Pretax return on assets
  • 16.53%Return on equity (ROE)
  • 4.89%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 155.71%Credit loss provision to net charge-offs
  • 14.38%Efficiency ratio
  • 58,301Assets per employee
  • 2.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.39%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 316.91%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 95.49%Net loans and leases to core deposits
  • 101.17%Equity capital to assets
  • 7.96%Core capital (leverage) ratio
  • 7.70%Tier 1 risk-based capital ratio
  • 9.60%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $164,919Average earning assets
  • $12,851Average equity
  • $150,673Average loans

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