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

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