United Community Bank of West Kentucky, Inc. in Morganfield, Kentucky (KY)
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United Community Bank of West Kentucky, Inc. routing number info
Table of contents:
| United Community Bank of West Kentucky, Inc. | |
|---|---|
| General | FDIC Certificate #: 57301 Status: Active Federal Reserve ID: 3070545 Bank Holding Company (Regulatory Top Holder): United Community Bancshares, Inc. (RSSDID: 3260216, Location: Morganfield, KY) Date Established: December 10, 2001 WWW: http://www.ucbwest.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Domestic: 3, Interstate: No) FDIC's unique #: 360799 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: All Other Specialization < 1 Billion Date of Deposit Insurance: December 10, 2001 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: 500 North Morgan Street, Morganfield, KY 42437 County: Union Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Hopkinsville Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast |
| History of Changes | Corrections Change in Trust Powers Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $185.2 mil Equity capital: $17.8 mil Deposits held in domestic offices: $152.8 mil Return on assets (ROA): 1.55% ($2.9 mil) Quarterly return on assets: 1.30% ($2.4 mil) Return on Equity (ROE): 15.95% ($2.9 mil) Quarterly return on equity: 13.40% ($2.4 mil) Net income: $2.6 mil Quarterly Net income: $0.6 mil Pretax return on assets: 2.20% ($4,074.2 mil) Quarterly Pretax return on assets: 1.84% ($3,407.5 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 48 |
| Total assets | $185,190 |
| Cash and due from depository institutions | $7,800 |
| Interest-bearing balances | $2,230 |
| Securities | $48,960 |
| Federal funds sold & reverse repurchase agreements | $3,676 |
| Net loans & leases | $118,901 |
| Loan loss allowance | $1,853 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $2,389 |
| Other real estate owned | $200 |
| Goodwill and other intangibles | $0 |
| All other assets | $3,264 |
| Life insurance assets | $185,190 |
| Total liabilities and capital | $167,407 |
| Total liabilities | $152,824 |
| Total deposits | $123,519 |
| Interest-bearing deposits | $152,824 |
| Deposits held in domestic offices | $89 |
| % insured (estimated) | 1416.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $12,301 |
| Other borrowed funds | $0 |
| Subordinated debt | $866 |
| All other liabilities | $17,783 |
| Total equity capital | $17,783 |
| Total bank equity capital | $17,783 |
| Perpetual preferred stock | $0 |
| Common stock | $1,400 |
| Surplus | $8,600 |
| Undivided profits | $7,783 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $260 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $1,207 |
| Average Assets, year-to-date | $173,767 |
| Average Assets, quarterly | $79,568 |
| Volatile liabilities | $170,057 |
| Insider loans | $182,159 |
| FHLB advances | $121,809 |
| Loans and leases held for sale | $182,828 |
| Unused loan commitments | $1,203 |
| Tier 1 (core) risk-based capital | $1,203 |
| Tier 2 risk-based capital | $16,981 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $18,491 |
| Derivatives | $5,275 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $8,557 |
| Total interest expense | $1,375 |
| Net interest income | $7,182 |
| Provision for loan and lease losses | $440 |
| Total noninterest income | $1,326 |
| Fiduciary activities | $17 |
| Service charges on deposit accounts | $626 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $683 |
| Total noninterest expense | $4,353 |
| Salaries and employee benefits | $2,285 |
| Premises and equipment expense | $331 |
| Additional noninterest expense | $1,737 |
| Pre-tax net operating income | $3,715 |
| Securities gains (losses) | $30 |
| Applicable income taxes | $1,107 |
| Income before extraordinary items | $2,638 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $2,638 |
| Net charge-offs | $0 |
| Cash dividends | $2,638 |
| Sale, conversion, retirement of capital stock, net | $502 |
| Net operating income | $518 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.33% |
| Cost of funding earning assets | 0.86% |
| Net interest margin | 4.48% |
| Noninterest income to earning assets | 0.83% |
| Noninterest expense to earning assets | 2.71% |
| Net operating income to assets | 1.54% |
| Return on assets (ROA) | 1.55% |
| Pretax return on assets | 2.20% |
| Return on equity (ROE) | 15.95% |
| Retained earnings to average equity (YTD only) | 12.81% |
| Net charge-offs to loans | 0.43% |
| Credit loss provision to net charge-offs | 87.65% |
| Efficiency ratio | 8.28% |
| Assets per employee | $51,164 |
| Cash dividends to net income (YTD only) | 3.86% |
| Condition Ratios (%) | |
| Loss allowance to loans | 19.64% |
| Loss allowance to noncurrent loans | 1.53% |
| Noncurrent assets plus other real estate owned to assets | 712.69% |
| Noncurrent loans to loans | 0.25% |
| Net loans and leases to deposits | 0.22% |
| Net loans and leases to core deposits | 77.80% |
| Equity capital to assets | 79.59% |
| Core capital (leverage) ratio | 9.60% |
| Tier 1 risk-based capital ratio | 9.29% |
| Total risk-based capital ratio | 13.94% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $170,057 |
| Average equity | $16,544 |
| Average loans | $160,427 |
| Total Fiduciary and Related Assets (December 31, 2011) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $6,036 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $3,833 |
| Employee benefit-defined contribution accounts | $2,955 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $0 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $878 |
| Number of Accounts | 30 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $2,203 |
| Corporate trust and agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $2,161 |
| 3 Kentucky Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 360799 | United Community Bank Of West Kentucky, Inc. | 500 North Morgan Street, Morganfield, KY 42437 | December 10, 2001 | Full Service Brick and Mortar |  |
| 1 | 364435 | Sturgis Branch | 1406 Main Street, Sturgis, KY 42459 | January 08, 2002 | Full Service Brick and Mortar |  |
| 2 | 442306 | Clay Branch | 54 Hearin St, Clay, KY 42404 | March 04, 2005 | Full Service Brick and Mortar | |
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