The Salt Lick Deposit Bank in Salt Lick, Kentucky (KY)

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The Salt Lick Deposit Bank routing number info

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The Salt Lick Deposit Bank
GeneralFDIC Certificate #: 8784
Status: Active
Federal Reserve ID: 327015
Bank Holding Company (Regulatory Top Holder): Central Bancshares, Inc. (RSSDID: 2158156, Location: Lexington, KY)
Date Established: October 01, 1901
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 11046
FDIC's unique #: 5593
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: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 113 Main Street, Salt Lick, KY 40371
County: Bath
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
Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
Core Based Statistical Area (CBSA): Mount Sterling, KY (#34460)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $71.8 mil
Equity capital: $8.1 mil
Deposits held in domestic offices: $60.5 mil
Return on assets (ROA): 0.74% ($0.5 mil)
Quarterly return on assets: 1.06% ($0.8 mil)
Return on Equity (ROE): 7.18% ($0.6 mil)
Quarterly return on equity: 9.62% ($0.8 mil)
Net income: $0.6 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.07% ($768.2 mil)
Quarterly Pretax return on assets: 1.54% ($1,105.7 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)17
Total assets$71,797
Cash and due from depository institutions$1,068
Interest-bearing balances$107
Federal funds sold & reverse repurchase agreements$7,393
Net loans & leases$53,949
Loan loss allowance $857
Trading account assets$0
Bank premises and fixed assets$2,981
Other real estate owned$847
Goodwill and other intangibles$691
All other assets$1,570
Life insurance assets$71,797
Total liabilities and capital$63,676
Total liabilities$60,497
Total deposits$53,719
Interest-bearing deposits$60,497
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$2,937
Other borrowed funds $0
Subordinated debt $242
All other liabilities $8,121
Total equity capital$8,121
Total bank equity capital$8,121
Perpetual preferred stock$0
Common stock$25
Undivided profits $1,276
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $71
Income earned, not collected on loans $1,138
Earning assets $0
Long-term assets (5+ years) $194
Average Assets, year-to-date $64,747
Average Assets, quarterly $2,777
Volatile liabilities $75,798
Insider loans $72,768
FHLB advances $53,557
Loans and leases held for sale $71,757
Unused loan commitments $162
Tier 1 (core) risk-based capital $162
Tier 2 risk-based capital $7,430
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,933
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,513
Total interest expense $1,063
Net interest income $2,450
Provision for loan and lease losses $381
Total noninterest income $672
Fiduciary activities $0
Service charges on deposit accounts $505
Trading account gains & fees $0
Additional noninterest income $167
Total noninterest expense $1,933
Salaries and employee benefits $984
Premises and equipment expense $298
Additional noninterest expense $651
Pre-tax net operating income $808
Securities gains (losses) $0
Applicable income taxes $244
Income before extraordinary items $564
Extraordinary gains - net $0
Net income attributable to bank $564
Net charge-offs $0
Cash dividends $564
Sale, conversion, retirement of capital stock, net $278
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.13%
Cost of funding earning assets 1.55%
Net interest margin 3.58%
Noninterest income to earning assets 0.98%
Noninterest expense to earning assets 2.82%
Net operating income to assets 0.74%
Return on assets (ROA) 0.74%
Pretax return on assets 1.07%
Return on equity (ROE) 7.18%
Retained earnings to average equity (YTD only) 7.18%
Net charge-offs to loans 0.48%
Credit loss provision to net charge-offs 137.05%
Efficiency ratio4.28%
Assets per employee$61,915
Cash dividends to net income (YTD only)4.22%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.56%
Noncurrent assets plus other real estate owned to assets 75.31%
Noncurrent loans to loans 2.76%
Net loans and leases to deposits2.08%
Net loans and leases to core deposits 89.18%
Equity capital to assets 97.17%
Core capital (leverage) ratio 11.31%
Tier 1 risk-based capital ratio 10.35%
Total risk-based capital ratio 13.87%
Average assets$15
Average earning assets$75,798
Average equity $7,855
Average loans $68,520
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2 Kentucky Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05593The Salt Lick Deposit Bank113 Main Street, Salt Lick, KY 40371October 01, 1901Full Service Brick and Mortar
2218966Slate Avenue Branch43 Slate Avenue, Owingsville, KY 40360April 15, 1994Full Service Brick and Mortar
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