United Bank & Trust Company in Versailles, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


United Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 15608
    Status: Active
    Federal Reserve ID: 479914
    Bank Holding Company (Regulatory Top Holder): Farmers Capital Bank Corporation (RSSDID: 1098732, Location: Frankfort, KY)
    Date Established: March 03, 1880
    WWW: http://www.unitedbankky.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 14044
    FDIC's unique #: 9891
    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: August 22, 2011
    Last Structure Change Process Date: August 22, 2011
    Last Data Update: August 22, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 United Drive, Versailles, KY 40383
    County: Woodford
    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
    Metropolitan Statistical Area (MSA): Lexington, KY (#4280)
    Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
    Core Based Statistical Area (CBSA): Lexington-Fayette, KY (#30460)
    CBSA Metro Statistical Area: Lexington-Fayette, KY (#30460)
  • Financial Summary
  • Total assets: $582.2 mil
    Equity capital: $57.7 mil
    Deposits held in domestic offices: $422.6 mil
    Return on assets (ROA): -1.11% (-$6.5 mil)
    Quarterly return on assets: -0.92% (-$5.4 mil)
    Return on Equity (ROE): -11.42% (-$6.6 mil)
    Quarterly return on equity: -9.18% (-$5.3 mil)
    Net income: -$6.6 mil
    Quarterly Net income: -$1.3 mil
    Pretax return on assets: -1.74% (-$10,129.8 mil)
    Quarterly Pretax return on assets: -1.43% (-$8,325.0 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
  • 140Total employees (full-time equivalent)
  • $582,171Total assets
  • $28,960Cash and due from depository institutions
  • $19,914Interest-bearing balances
  • $179,231Securities
  • $795Federal funds sold & reverse repurchase agreements
  • $320,371Net loans & leases
  • $13,595Loan loss allowance
  • $0Trading account assets
  • $11,964Bank premises and fixed assets
  • $20,238Other real estate owned
  • $1,511Goodwill and other intangibles
  • $582,171Life insurance assets
  • $19,101All other assets
  • $524,518Total liabilities and capital
  • $422,646Total liabilities
  • $346,881Total deposits
  • $422,646Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 81054.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $14,694Trading liabilities
  • $0Other borrowed funds
  • $6,124Subordinated debt
  • $57,653All other liabilities
  • $57,653Total equity capital
  • $57,653Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $82,090Surplus
  • $-25,037Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $594Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $27,402Income earned, not collected on loans
  • $0Earning assets
  • $1,837Long-term assets (5+ years)
  • $520,311Average Assets, year-to-date
  • $220,424Average Assets, quarterly
  • $596,124Volatile liabilities
  • $583,981Insider loans
  • $360,929FHLB advances
  • $577,628Loans and leases held for sale
  • $6,028Unused loan commitments
  • $2,558Tier 1 (core) risk-based capital
  • $48,744Tier 2 risk-based capital
  • $3,470Total risk weighted assets
  • $0Total unused commitments
  • $33,698Restructured Loans and leases
  • $857Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,333Total interest income
  • $7,654Total interest expense
  • $16,679Net interest income
  • $9,644Provision for loan and lease losses
  • $420Total noninterest income
  • $0Fiduciary activities
  • $2,389Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,969Additional noninterest income
  • $18,227Total noninterest expense
  • $7,125Salaries and employee benefits
  • $2,110Premises and equipment expense
  • $8,992Additional noninterest expense
  • -$10,772Pre-tax net operating income
  • $410Securities gains (losses)
  • -$3,720Applicable income taxes
  • -$6,642Income before extraordinary items
  • $0Extraordinary gains - net
  • -$6,642Net income attributable to bank
  • $0Net charge-offs
  • -$6,642Cash dividends
  • $8,318Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.54%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 3.11%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 3.40%Noninterest expense to earning assets
  • -1.16%Net operating income to assets
  • -1.11%Return on assets (ROA)
  • -1.74%Pretax return on assets
  • -11.42%Return on equity (ROE)
  • -11.42%Retained earnings to average equity (YTD only)
  • 2.31%Net charge-offs to loans
  • 115.94%Credit loss provision to net charge-offs
  • -0.14%Efficiency ratio
  • 103,503Assets per employee
  • 4.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.07%Loss allowance to noncurrent loans
  • 49.61%Noncurrent assets plus other real estate owned to assets
  • 8.18%Noncurrent loans to loans
  • 8.21%Net loans and leases to deposits
  • 75.80%Net loans and leases to core deposits
  • 78.52%Equity capital to assets
  • 9.90%Core capital (leverage) ratio
  • 8.44%Tier 1 risk-based capital ratio
  • 13.51%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $596,124Average earning assets
  • $58,174Average equity
  • $536,529Average loans

Total Fiduciary and Related Assets (December 31, 2009)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $3Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 4Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 13 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09891United Bank & Trust Company100 United Drive, Versailles, KY 40383March 03, 1880Full Service Brick and Mortar
    1234657Midway Branch206 North Gratz Street, Midway, KY 40347April 26, 1948Full Service Brick and Mortar
    2234658The Locust Street Branch152 Locust Street, Versailles, KY 40383April 19, 1971Full Service Brick and Mortar
    56487Georgetown Branch206-210 East Main Street, Georgetown, KY 40324January 01, 1850Full Service Brick and Mortar
    6221907Southland Branch100 N Bradford Lane, Georgetown, KY 40324January 19, 1967Full Service Brick and Mortar
    7233957Stamping Ground BranchMain Street, Stamping Ground, KY 40379September 24, 1954Full Service Brick and Mortar
    8221908Georgetown Branch1045 Cynthiana Road, Georgetown, KY 40324November 09, 1988Full Service Brick and Mortar
    10441855Harrodsburg Road Branch3098 Harrodsburg Road, Lexington, KY 40504Febuary 01, 2005Full Service Brick and Mortar
    1156853North Main Street Branch201 North Main Street, Nicholasville, KY 40356July 05, 1996Full Service Brick and Mortar
    12290448Wilmore Branch106 Lexington Avenue, Wilmore, KY 40390May 17, 1999Full Service Brick and Mortar
    13290449Kroger BranchKroger Store, Kimberly Square Shopping Center, Us Hwy 27, Nicholasville, KY 40356Febuary 26, 1999Full Service Retail
    14290451Orchard Branch986 North Main Street, Nicholasville, KY 40356March 16, 1998Full Service Brick and Mortar
    15492415United Bank & Trust Company Branch2509 Sir Barton Way, Lexington, KY 40509August 15, 2008Full Service Brick and Mortar

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