Madison Bank
Richmond, KY — Domestic Branch of a Domestic Bank
Acquired Jul 2015
Vitals
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Total Assets118.9M -2.8 %
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Total Deposits95.1M -7.1 %
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Total Net Loans79.2M -4.3 %
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Net Income314000.0000 318.7 %
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Book Value12.9M 7.7 %
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Book Value x225.9M 7.7 %
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Book Value x338.8M 7.7 %
Balance Sheet Highlights
Financial Highlights | Madison Bank | All Insured Commercial Banks in Kentucky |
Balance Sheet $(000) | ||
Total Assets | 118,944 | 250,609 |
Total Net Loans | 79,162 | 156,237 |
Total Deposits | 95,138 | 205,722 |
Total Equity | 12,928 | 28,289 |
Profitability | ||
Net Income | 314 | 1,155 |
Return on Average Assets | .516 | .946 |
Return on Average Equity | 4.921 | 8.091 |
Net Interest Margin | 3.632 | 3.805 |
Efficiency Ratio | 81.939 | 71.221 |
Noninterest Income/Revenue | 17.712 | 16.68 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 83.208 | 74.445 |
Securities/Assets | .231 | .24 |
Total Equity/Total Assets | .109 | .113 |
Tangible Equity/Tangible Assets | .109 | .109 |
Capital Adequacy | ||
Tier 1 Common Capital | 13,012 | 27,062 |
Tier 1 Capital | 13,012 | 27,087 |
Tier 2 Capital | 1,050 | 1,938 |
Total Capital | 14,062 | 29,050 |
Total Risk Weighted Assets | 81,975 | 169,091 |
Leverage Ratio | 10.79 | 11.412 |
Common Equity Tier 1 Capital Ratio | 15.87 | 18.031 |
Tier 1 Capital Ratio | 15.87 | 18.031 |
Total Capital Ratio | 17.15 | 19.148 |
Timeline for Madison Bank
Miagency, Inc.
Miagency, Inc. became a new subsidiary organization for Madison Bank.
View Profile Jun 19 2000Financial Insurance Agency, Inc.
Financial Insurance Agency, Inc. became a new subsidiary organization for Madison Bank.
View Profile Feb 24 2000Madison Financial Corporation
Madison Financial Corporation became a new parent organization for Madison Bank.
View Profile Dec 29 1998Bankers Service Corporation
Bankers Service Corporation became a new subsidiary organization for Madison Bank.
View Profile Dec 29 1998Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Kentucky Bank | Buyer | 988,652 | Acquisition | Discontinued | 7/25/2015 |
Relationships | Role | Relationship Start | Relationship End |
Madison Financial Corporation | Parent | 12/29/1998 | 7/24/2015 |
Miagency, Inc. | Subsidary | 6/30/2007 | 7/24/2015 |
Financial Insurance Agency, Inc. | Subsidary | 7/1/2008 | 7/24/2015 |
Miagency, Inc. | Subsidary | 6/19/2000 | 6/29/2007 |
Bankers Service Corporation | Subsidary | 12/29/1998 | 8/31/2001 |
Financial Insurance Agency, Inc. | Subsidary | 2/24/2000 | 8/31/2001 |
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