United Citizens Bank of Southern Kentucky in Columbia, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

United Citizens Bank of Southern Kentucky - Overview

  • General
  • FDIC Certificate #: 57867
    Status: Active
    Federal Reserve ID: 3306598
    Bank Holding Company (Regulatory Top Holder): United Citizens Bancorp, Inc. (RSSDID: 3370085, Location: Columbia, KY)
    Date Established: December 06, 2004
    WWW: http://www.ucbsky.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 428531
    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: December 06, 2004
    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: 700 Jamestown Street, Columbia, KY 42728
    County: Adair
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Elizabethtown
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $137.0 mil
    Equity capital: $13.9 mil
    Deposits held in domestic offices: $114.5 mil
    Return on assets (ROA): 0.82% ($1.1 mil)
    Quarterly return on assets: 0.63% ($0.9 mil)
    Return on Equity (ROE): 8.45% ($1.2 mil)
    Quarterly return on equity: 6.27% ($0.9 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.23% ($1,684.7 mil)
    Quarterly Pretax return on assets: 0.96% ($1,314.9 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
  • 45Total employees (full-time equivalent)
  • $136,970Total assets
  • $2,912Cash and due from depository institutions
  • $639Interest-bearing balances
  • $14,479Securities
  • $4,260Federal funds sold & reverse repurchase agreements
  • $108,086Net loans & leases
  • $2,237Loan loss allowance
  • $0Trading account assets
  • $3,709Bank premises and fixed assets
  • $915Other real estate owned
  • $0Goodwill and other intangibles
  • $136,970Life insurance assets
  • $2,609All other assets
  • $123,053Total liabilities and capital
  • $114,477Total liabilities
  • $104,195Total deposits
  • $114,477Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,000Trading liabilities
  • $0Other borrowed funds
  • $576Subordinated debt
  • $13,917All other liabilities
  • $13,917Total equity capital
  • $13,917Total bank equity capital
  • $0Perpetual preferred stock
  • $6,000Common stock
  • $6,000Surplus
  • $1,917Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,829Income earned, not collected on loans
  • $0Earning assets
  • $1,115Long-term assets (5+ years)
  • $127,464Average Assets, year-to-date
  • $20,257Average Assets, quarterly
  • $135,870Volatile liabilities
  • $137,255Insider loans
  • $103,026FHLB advances
  • $137,639Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,766Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,873Restructured Loans and leases
  • $3,038Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,351Total interest income
  • $2,169Total interest expense
  • $5,182Net interest income
  • $240Provision for loan and lease losses
  • $689Total noninterest income
  • $0Fiduciary activities
  • $600Service charges on deposit accounts
  • $0Trading account gains & fees
  • $89Additional noninterest income
  • $3,962Total noninterest expense
  • $1,861Salaries and employee benefits
  • $540Premises and equipment expense
  • $1,561Additional noninterest expense
  • $1,669Pre-tax net operating income
  • $0Securities gains (losses)
  • $549Applicable income taxes
  • $1,120Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,120Net income attributable to bank
  • $0Net charge-offs
  • $1,120Cash dividends
  • $314Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.85%Yield on earning assets
  • 1.73%Cost of funding earning assets
  • 4.12%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 3.15%Noninterest expense to earning assets
  • 0.82%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 8.45%Return on equity (ROE)
  • 8.45%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 76.43%Credit loss provision to net charge-offs
  • 6.08%Efficiency ratio
  • 67,484Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.03%Loss allowance to noncurrent loans
  • 58.42%Noncurrent assets plus other real estate owned to assets
  • 3.46%Noncurrent loans to loans
  • 3.47%Net loans and leases to deposits
  • 94.42%Net loans and leases to core deposits
  • 99.72%Equity capital to assets
  • 10.16%Core capital (leverage) ratio
  • 10.00%Tier 1 risk-based capital ratio
  • 13.36%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $135,870Average earning assets
  • $13,255Average equity
  • $125,684Average loans

List of branches

  • 4 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0428531United Citizens Bank Of Southern Ken700 Jamestown Street, Columbia, KY 42728December 06, 2004Full Service Brick and Mortar
    1460598Columbia Branch1582 Campbellsville Road, Columbia, KY 42728January 08, 2007Full Service Brick and Mortar
    2475476Campbellsville By-Pass Branch294 Campbellsville Bypass, Campbellsville, KY 42718March 17, 2008Full Service Brick and Mortar
    3490047Russell Springs Branch2261 South Highway 127, Russell Springs, KY 42642April 15, 2009Full Service Brick and Mortar

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