The Salyersville National Bank in Salyersville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Salyersville National Bank - Overview

  • General
  • FDIC Certificate #: 2723
    Status: Active
    Federal Reserve ID: 472018
    Bank Holding Company (Regulatory Top Holder): Snb Bancorp, Inc. (RSSDID: 2896207, Location: Salyersville, KY)
    Date Established: October 10, 1902
    WWW: http://www.salyersvillebank.com
    Trust Powers Granted: Yes
    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)
    OTS Docket #: 11168
    FDIC's unique #: 1765
    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: 200 E Maple Street, Salyersville, KY 41465
    County: Magoffin
    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: $109.1 mil
    Equity capital: $14.4 mil
    Deposits held in domestic offices: $92.2 mil
    Return on assets (ROA): 0.95% ($1.0 mil)
    Quarterly return on assets: 0.67% ($0.7 mil)
    Return on Equity (ROE): 7.19% ($1.0 mil)
    Quarterly return on equity: 5.04% ($0.7 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.20% ($1,309.2 mil)
    Quarterly Pretax return on assets: 0.89% ($971.0 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
  • 31Total employees (full-time equivalent)
  • $109,103Total assets
  • $11,752Cash and due from depository institutions
  • $10,088Interest-bearing balances
  • $43,159Securities
  • $1,650Federal funds sold & reverse repurchase agreements
  • $49,627Net loans & leases
  • $384Loan loss allowance
  • $0Trading account assets
  • $840Bank premises and fixed assets
  • $389Other real estate owned
  • $0Goodwill and other intangibles
  • $109,103Life insurance assets
  • $1,686All other assets
  • $94,553Total liabilities and capital
  • $92,202Total liabilities
  • $76,682Total deposits
  • $92,202Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,764Trading liabilities
  • $0Other borrowed funds
  • $587Subordinated debt
  • $14,550All other liabilities
  • $14,418Total equity capital
  • $14,418Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $200Surplus
  • $14,118Undivided profits
  • Memoranda
  • $132Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $401Income earned, not collected on loans
  • $0Earning assets
  • $461Long-term assets (5+ years)
  • $104,524Average Assets, year-to-date
  • $27,162Average Assets, quarterly
  • $106,203Volatile liabilities
  • $108,922Insider loans
  • $46,230FHLB advances
  • $108,937Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,098Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,676Restructured Loans and leases
  • $548Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,430Total interest income
  • $709Total interest expense
  • $3,721Net interest income
  • $310Provision for loan and lease losses
  • $411Total noninterest income
  • $0Fiduciary activities
  • $291Service charges on deposit accounts
  • $0Trading account gains & fees
  • $120Additional noninterest income
  • $2,798Total noninterest expense
  • $1,424Salaries and employee benefits
  • $544Premises and equipment expense
  • $830Additional noninterest expense
  • $1,024Pre-tax net operating income
  • $306Securities gains (losses)
  • $269Applicable income taxes
  • $1,061Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,004Net income attributable to bank
  • $57Net charge-offs
  • $1,061Cash dividends
  • $289Sale, conversion, retirement of capital stock, net
  • $600Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.39%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 3.69%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 2.77%Noninterest expense to earning assets
  • 0.77%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 1.20%Pretax return on assets
  • 7.19%Return on equity (ROE)
  • 2.89%Retained earnings to average equity (YTD only)
  • 0.60%Net charge-offs to loans
  • 107.27%Credit loss provision to net charge-offs
  • 4.62%Efficiency ratio
  • 67,715Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.76%Loss allowance to loans
  • 0.77%Loss allowance to noncurrent loans
  • 95.76%Noncurrent assets plus other real estate owned to assets
  • 0.72%Noncurrent loans to loans
  • 0.80%Net loans and leases to deposits
  • 53.82%Net loans and leases to core deposits
  • 65.29%Equity capital to assets
  • 13.22%Core capital (leverage) ratio
  • 12.94%Tier 1 risk-based capital ratio
  • 30.50%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $106,203Average earning assets
  • $13,973Average equity
  • $100,943Average loans

List of branches

  • 2 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01765The Salyersville National Bank200 E Maple Street, Salyersville, KY 41465October 10, 1902Full Service Brick and Mortar
    1193995Route 114 BranchRoute 114, Salyersville, KY 41465April 06, 1977Full Service Brick and Mortar

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