Williamsburg National Bank in Williamsburg, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2007

  • Williamsburg National Bank in Williamsburg, Kentucky (KY)
  • Show street view No street view available for this location

Williamsburg National Bank - Overview

  • General
  • FDIC Certificate #: 27547
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FORCHT BANK, NATIONAL ASSOCIATION (#57415)
    Federal Reserve ID: 1392542
    Date Established: July 14, 1989
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 12041
    FDIC's unique #: 40327
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: July 14, 1989
    Last Structure Change Effective Date: December 31, 2007
    Last Structure Change Process Date: January 08, 2008
    Last Data Update: January 08, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: U.S. Highway 25 West And Kentucky Highway 92, Williamsburg, KY 40769
    County: Whitley
    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
    Combined Statistical Area (CSA): Corbin-London, KY (#202)
    Core Based Statistical Area (CBSA): Corbin, KY (#18340)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $69.3 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, 2006)

  • Dollar figures in thousands
  • 31Total employees (full-time equivalent)
  • $66,092Total assets
  • $2,767Cash and due from depository institutions
  • $4Interest-bearing balances
  • $17,122Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $43,707Net loans & leases
  • $970Loan loss allowance
  • $0Trading account assets
  • $1,600Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $896All other assets
  • $66,092Total liabilities and capital
  • $59,804Total liabilities
  • $59,235Total deposits
  • $52,798Interest-bearing deposits
  • $59,235Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $202Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $367All other liabilities
  • $6,288Total equity capital
  • $6,288Total bank equity capital
  • $6,288Perpetual preferred stock
  • $0Common stock
  • $906Surplus
  • $906Undivided profits
  • Memoranda
  • $4,476Noncurrent loans and leases
  • $3,176Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $123Earning assets
  • $0Long-term assets (5+ years)
  • $437Average Assets, year-to-date
  • $60,833Average Assets, quarterly
  • $25,760Volatile liabilities
  • $65,159Insider loans
  • $65,365FHLB advances
  • $1,917Loans and leases held for sale
  • $972Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,176Total unused commitments
  • $0Restructured Loans and leases
  • $497Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $4,641Total interest income
  • $1,641Total interest expense
  • $3,000Net interest income
  • $36Provision for loan and lease losses
  • $622Total noninterest income
  • $0Fiduciary activities
  • $474Service charges on deposit accounts
  • $0Trading account gains & fees
  • $148Additional noninterest income
  • $2,208Total noninterest expense
  • $1,055Salaries and employee benefits
  • $272Premises and equipment expense
  • $881Additional noninterest expense
  • $1,378Pre-tax net operating income
  • $0Securities gains (losses)
  • $454Applicable income taxes
  • $924Income before extraordinary items
  • $0Extraordinary gains - net
  • $924Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $26Sale, conversion, retirement of capital stock, net
  • $835Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.66%Yield on earning assets
  • 2.71%Cost of funding earning assets
  • 4.95%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 3.64%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 2.11%Pretax return on assets
  • 14.98%Return on equity (ROE)
  • 1.44%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 138.46%Credit loss provision to net charge-offs
  • 54.38%Efficiency ratio
  • 60,961Assets per employee
  • 2.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 90.37%Loss allowance to loans
  • 2.17%Loss allowance to noncurrent loans
  • 788.62%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.28%Net loans and leases to deposits
  • 73.79%Net loans and leases to core deposits
  • 75.99%Equity capital to assets
  • 9.51%Core capital (leverage) ratio
  • 9.82%Tier 1 risk-based capital ratio
  • 16.33%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $65,159Average earning assets
  • $6,170Average equity
  • $60,608Average loans

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