Morehead Bank
Morehead, KY — Domestic Branch of a Domestic Bank
Acquired Aug 2004
Vitals
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Total Assets50.6M -4.1 %
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Total Deposits35.1M -4.7 %
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Total Net Loans36.7M -1.5 %
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Net Income224000.0000 16.1 %
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Book Value3.5M -2.0 %
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Book Value x27.1M -2.0 %
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Book Value x310.6M -2.0 %
Balance Sheet Highlights
Financial Highlights | Morehead Bank | All Insured Commercial Banks in Kentucky |
Balance Sheet $(000) | ||
Total Assets | 50,569 | 134,475 |
Total Net Loans | 36,656 | 88,620 |
Total Deposits | 35,097 | 108,356 |
Total Equity | 3,527 | 13,358 |
Profitability | ||
Net Income | 224 | 1,415 |
Return on Average Assets | .896 | 1.292 |
Return on Average Equity | 12.801 | 12.917 |
Net Interest Margin | 3.958 | 4.081 |
Efficiency Ratio | 73.846 | 63.432 |
Noninterest Income/Revenue | 17.073 | 13.015 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 104.442 | 79.878 |
Securities/Assets | .156 | .382 |
Total Equity/Total Assets | .07 | .099 |
Tangible Equity/Tangible Assets | .07 | .043 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 3,558 | 13,052 |
Tier 2 Capital | 366 | 1,036 |
Total Capital | 3,924 | 14,091 |
Total Risk Weighted Assets | 28,873 | 89,077 |
Leverage Ratio | 7.12 | 9.832 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 12.32 | 15.556 |
Total Capital Ratio | 13.59 | 16.732 |
Timeline for Morehead Bank
Whitaker Bank Corporation Of Kentucky
Whitaker Bank Corporation Of Kentucky became a new parent organization for Morehead Bank.
View Profile Jan 01 1994Whitaker Bancshares, Inc.
Whitaker Bancshares, Inc. became a new parent organization for Morehead Bank.
View Profile Mar 15 1988Morehead Bank
Morehead Bank was established 39 years ago and is currently headquartered in Morehead, KY.
Nov 19 1984Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Whitaker Bank | Buyer | 1,336,466 | Pooling of Interests | Discontinued | 8/21/2004 |
Relationships | Role | Relationship Start | Relationship End |
Whitaker Bank Corporation Of Kentucky | Parent | 1/1/1994 | 8/20/2004 |
Whitaker Bancshares, Inc. | Parent | 12/12/1992 | 12/31/1993 |
Whitaker Bancshares, Inc. | Parent | 3/15/1988 | 12/11/1992 |
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