Traditional Bank, Inc. in Mount Sterling, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Traditional Bank, Inc. - Overview

  • General
  • FDIC Certificate #: 2711
    Status: Active
    Federal Reserve ID: 786210
    Bank Holding Company (Regulatory Top Holder): Traditional Bancorporation, Inc. (RSSDID: 1070420, Location: Mount Sterling, KY)
    Date Established: March 17, 1902
    WWW: http://www.traditionalbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Domestic: 12, Interstate: No)
    OTS Docket #: 10648
    FDIC's unique #: 1753
    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: Yes
    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
  • Location
  • Address: 49 W. Main Street, Mount Sterling, KY 40353
    County: Montgomery
    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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $1,078.8 mil
    Equity capital: $101.1 mil
    Deposits held in domestic offices: $872.1 mil
    Return on assets (ROA): 1.11% ($12.0 mil)
    Quarterly return on assets: 1.30% ($14.0 mil)
    Return on Equity (ROE): 12.63% ($12.8 mil)
    Quarterly return on equity: 13.82% ($14.0 mil)
    Net income: $11.8 mil
    Quarterly Net income: $3.4 mil
    Pretax return on assets: 1.11% ($11,974.6 mil)
    Quarterly Pretax return on assets: 1.30% ($14,024.3 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
  • 190Total employees (full-time equivalent)
  • $1,078,796Total assets
  • $14,002Cash and due from depository institutions
  • $1,580Interest-bearing balances
  • $282,816Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $734,840Net loans & leases
  • $12,838Loan loss allowance
  • $0Trading account assets
  • $9,382Bank premises and fixed assets
  • $7,314Other real estate owned
  • $192Goodwill and other intangibles
  • $1,078,796Life insurance assets
  • $30,250All other assets
  • $977,739Total liabilities and capital
  • $872,133Total liabilities
  • $847,783Total deposits
  • $872,133Interest-bearing deposits
  • $78Deposits held in domestic offices
  • 27838.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $70,507Trading liabilities
  • $0Other borrowed funds
  • $7,261Subordinated debt
  • $101,057All other liabilities
  • $101,057Total equity capital
  • $101,057Total bank equity capital
  • $0Perpetual preferred stock
  • $4,000Common stock
  • $9,550Surplus
  • $87,507Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $841Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,383Income earned, not collected on loans
  • $35Earning assets
  • $5,191Long-term assets (5+ years)
  • $1,019,236Average Assets, year-to-date
  • $298,396Average Assets, quarterly
  • $1,061,624Volatile liabilities
  • $1,062,504Insider loans
  • $805,438FHLB advances
  • $1,068,176Loans and leases held for sale
  • $14,475Unused loan commitments
  • $14,475Tier 1 (core) risk-based capital
  • $92,104Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $95,100Restructured Loans and leases
  • $16,065Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $48,230Total interest income
  • $12,463Total interest expense
  • $35,767Net interest income
  • $8,502Provision for loan and lease losses
  • $6,307Total noninterest income
  • $0Fiduciary activities
  • $3,039Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,268Additional noninterest income
  • $22,315Total noninterest expense
  • $11,928Salaries and employee benefits
  • $2,661Premises and equipment expense
  • $7,726Additional noninterest expense
  • $11,257Pre-tax net operating income
  • $555Securities gains (losses)
  • $0Applicable income taxes
  • $11,812Income before extraordinary items
  • $0Extraordinary gains - net
  • $11,812Net income attributable to bank
  • $0Net charge-offs
  • $11,812Cash dividends
  • $8,570Sale, conversion, retirement of capital stock, net
  • $3,345Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.80%Yield on earning assets
  • 1.24%Cost of funding earning assets
  • 3.56%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 2.22%Noninterest expense to earning assets
  • 1.06%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 12.63%Return on equity (ROE)
  • 9.05%Retained earnings to average equity (YTD only)
  • 1.16%Net charge-offs to loans
  • 99.21%Credit loss provision to net charge-offs
  • 2.31%Efficiency ratio
  • 53,038Assets per employee
  • 5.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 28.32%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 123.64%Noncurrent assets plus other real estate owned to assets
  • 1.64%Noncurrent loans to loans
  • 1.39%Net loans and leases to deposits
  • 84.26%Net loans and leases to core deposits
  • 104.67%Equity capital to assets
  • 9.37%Core capital (leverage) ratio
  • 8.62%Tier 1 risk-based capital ratio
  • 11.44%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,061,624Average earning assets
  • $93,553Average equity
  • $1,004,934Average loans

Total Fiduciary and Related Assets (December 31, 2003)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $745Managed Assets
  • 1Number of Accounts
  • $735Personal trust and agency accounts
  • $716Employee benefit-defined contribution accounts
  • $1Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $1Investment management agency accounts
  • $17Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 21Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $10Other retirement accounts
  • $3Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $7Fiduciary accounts held in foreign offices

List of branches

  • 12 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01753Traditional Bank, Inc.49 W. Main Street, Mount Sterling, KY 40353March 17, 1902Full Service Brick and Mortar
    1193937Maysville Road BranchMt. Sterling By-Pass & Maysville Road, Mount Sterling, KY 40353August 08, 1978Full Service Brick and Mortar
    3193941Menifee County Branch100 Walnut Street, Frenchburg, KY 40322November 01, 1962Full Service Brick and Mortar
    5193943Montgomery Square BranchMontgomery Square Shopping Center, Mount Sterling, KY 40353October 09, 1973Full Service Brick and Mortar
    6193944Jeffersonville BranchU.S. Highway 460 South, Jeffersonville, KY 40337December 01, 1983Full Service Brick and Mortar
    7193938Midland Trail Branch7450 Indian Mound Drive, Mount Sterling, KY 40353September 06, 1995Full Service Brick and Mortar
    856296Palomar Centre Branch3720 Palomar Centre Dr., Lexington, KY 40513April 01, 1996Full Service Brick and Mortar
    9290419Short Street Branch163 W. Short St. Suite 100, Lexington, KY 40507April 15, 1998Full Service Brick and Mortar
    10290420Winchester Branch875 Colby Rd., Winchester, KY 40391April 15, 1998Full Service Brick and Mortar
    11446258Paris Branch3333 Lexington Road, Paris, KY 40361November 21, 2005Full Service Brick and Mortar
    12446277Palumbo Branch2801 Palumbo Drive, Lexington, KY 40509January 09, 2006Full Service Brick and Mortar
    13450611Tates Creek Road Branch3353 Tates Creek Road, Lexington, KY 40502April 12, 2006Full Service Brick and Mortar

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