United Community Bank in Glasgow, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 31, 2004

  • United Community Bank in Glasgow, Kentucky (KY)
  • Show street view No street view available for this location

United Community Bank - Overview

  • General
  • FDIC Certificate #: 285
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: PBI Bank (#9314)
    Federal Reserve ID: 447744
    Date Established: October 02, 1902
    WWW: http://www.ucbky.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 11183
    FDIC's unique #: 229
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 31, 2004
    Last Structure Change Process Date: August 19, 2004
    Last Data Update: August 19, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 1002 West Main Street, Glasgow, KY 42141
    County: Barren
    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
    Core Based Statistical Area (CBSA): Glasgow, KY (#23980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $34.5 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, 2003)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $38,061Total assets
  • $2,076Cash and due from depository institutions
  • $397Interest-bearing balances
  • $5,138Securities
  • $388Federal funds sold & reverse repurchase agreements
  • $27,083Net loans & leases
  • $952Loan loss allowance
  • $0Trading account assets
  • $2,025Bank premises and fixed assets
  • $11Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,340All other assets
  • $38,061Total liabilities and capital
  • $35,253Total liabilities
  • $32,237Total deposits
  • $26,801Interest-bearing deposits
  • $32,237Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,776Other borrowed funds
  • $0Subordinated debt
  • $140All other liabilities
  • $2,808Total equity capital
  • $2,808Total bank equity capital
  • $2,808Perpetual preferred stock
  • $0Common stock
  • $222Surplus
  • $2,628Undivided profits
  • Memoranda
  • $-42Noncurrent loans and leases
  • $2,619Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $107Earning assets
  • $0Long-term assets (5+ years)
  • $275Average Assets, year-to-date
  • $33,006Average Assets, quarterly
  • $3,437Volatile liabilities
  • $40,271Insider loans
  • $39,287FHLB advances
  • $7,329Loans and leases held for sale
  • $62Unused loan commitments
  • $2,776Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,619Total unused commitments
  • $0Restructured Loans and leases
  • $330Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $2,672Total interest income
  • $774Total interest expense
  • $1,898Net interest income
  • $1,354Provision for loan and lease losses
  • $395Total noninterest income
  • $0Fiduciary activities
  • $241Service charges on deposit accounts
  • $0Trading account gains & fees
  • $154Additional noninterest income
  • $2,140Total noninterest expense
  • $1,063Salaries and employee benefits
  • $416Premises and equipment expense
  • $661Additional noninterest expense
  • -$1,199Pre-tax net operating income
  • $4Securities gains (losses)
  • -$432Applicable income taxes
  • -$763Income before extraordinary items
  • $0Extraordinary gains - net
  • -$763Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $768Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.56%Yield on earning assets
  • 2.19%Cost of funding earning assets
  • 5.37%Net interest margin
  • 1.12%Noninterest income to earning assets
  • 6.06%Noninterest expense to earning assets
  • -1.90%Net operating income to assets
  • -1.89%Return on assets (ROA)
  • -2.97%Pretax return on assets
  • -23.62%Return on equity (ROE)
  • -23.62%Retained earnings to average equity (YTD only)
  • 2.71%Net charge-offs to loans
  • 176.30%Credit loss provision to net charge-offs
  • 0.20%Efficiency ratio
  • 93,328Assets per employee
  • 1.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.40%Loss allowance to noncurrent loans
  • 889.72%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.38%Net loans and leases to deposits
  • 84.01%Net loans and leases to core deposits
  • 108.30%Equity capital to assets
  • 7.38%Core capital (leverage) ratio
  • 6.12%Tier 1 risk-based capital ratio
  • 9.28%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $40,271Average earning assets
  • $3,230Average equity
  • $35,321Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with United Community Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents