Boone National Bank
Burlington, KY — Domestic Branch of a Domestic Bank
Acquired Dec 2007
Vitals
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Total Assets59.6M 20.1 %
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Total Deposits51.3M 16.1 %
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Total Net Loans46.2M 27.0 %
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Net Income
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Book Value5.3M 14.4 %
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Book Value x210.7M 14.4 %
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Book Value x316.0M 14.4 %
Balance Sheet Highlights
Financial Highlights | Boone National Bank | All Insured Commercial Banks in Kentucky |
Balance Sheet $(000) | ||
Total Assets | 59,555 | 168,533 |
Total Net Loans | 46,208 | 114,262 |
Total Deposits | 51,264 | 135,602 |
Total Equity | 5,340 | 18,181 |
Profitability | ||
Net Income | — | 2,003 |
Return on Average Assets | — | 1.209 |
Return on Average Equity | — | 11.124 |
Net Interest Margin | 3.237 | 4.06 |
Efficiency Ratio | 113.674 | 65.924 |
Noninterest Income/Revenue | 12.288 | 11.241 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 90.137 | 82.106 |
Securities/Assets | .091 | .316 |
Total Equity/Total Assets | .09 | .108 |
Tangible Equity/Tangible Assets | .09 | .05 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 5,373 | 17,026 |
Tier 2 Capital | 560 | 1,300 |
Total Capital | 5,933 | 18,327 |
Total Risk Weighted Assets | 48,591 | 117,360 |
Leverage Ratio | 9.34 | 10.893 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.06 | 16.405 |
Total Capital Ratio | 12.21 | 17.524 |
Timeline for Boone National Bank
Forcht Bank, National Association
Boone National Bank was acquired by Forcht Bank, National Association 16 years
View Profile Dec 31 2007Forcht Bancorp, Inc.
Forcht Bancorp, Inc. became a new parent organization for Boone National Bank.
View Profile Jan 01 2007Boone National Bank
Boone National Bank was established 23 years ago and is currently headquartered in Burlington, KY.
Apr 30 2001Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Forcht Bank, National Association | Buyer | 1,009,100 | Pooling of Interests | Discontinued | 12/31/2007 |
Relationships | Role | Relationship Start | Relationship End |
Forcht Bancorp, Inc. | Parent | 1/1/2007 | 12/30/2007 |
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