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Overview / Commentary
101 East High Street
Lexington, KY 40507

Bank of the Bluegrass and Trust Company is headquartered in Lexington and is the 64th largest bank in the state of Kentucky. It is also the 2,843rd largest bank in the nation. It was established in 1972 and as of December of 2013, it had grown to 56 employees at 2 locations. Bank of the Bluegrass and Trust Company's savings rates are 94% higher than the national average, and it has a B+ health rating.

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New Kasasa Cash and Saver Accounts at Bank of the Bluegrass and Trust Co. - 11/5/2013

Bank of the Bluegrass and Trust Co. has recently started to offer Kasasa accounts with an online application, and they are currently allowing people in any state to apply. The reward checking account ...

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Bank of the Bluegrass and Trust Company had $5.9 million in non-current loans and owned real-estate with $30.54 million in equity and loan loss allowances on hand to cover it. This gives Bank of the Bluegrass and Trust Company a Texas Ratio of 19.32% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for Bank of the Bluegrass and Trust Company decreased slightly from 22.49% as of December 31, 2012 to 19.32% as of December 31, 2013, resulting in a positive change of 14.09%.This indicates that the balance sheet and financial strength for Bank of the Bluegrass and Trust Company has improved slightly in recent periods.

Deposit Growth

GRADE:
A

In the past year, Bank of the Bluegrass and Trust Company has increased its total deposits by $7.39 million, resulting in 4.14% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of the Bluegrass and Trust Company has shown is excellent.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of the Bluegrass and Trust Company has $218.54 million in assets with $30.54 million in equity, resulting in a capitalization level of 13.97%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #21161
Year Established1972
Employees56
Primary RegulatorFDIC
Assets and Liabilities
Assets$218.54 million
Loans$150.03 million
Deposits$185.87 million
Equity Capital$28.50 million
Loan Loss Allowance$2.03 million
Unbacked Noncurrent Loans$4.01 million
Real Estate Owned$1.89 million
Historic Data - December 2012
Assets$212.79 million
Equity Capital$29.65 million
Loan Loss Allowance$3.41 million
Unbacked Noncurrent Loans$4.01 million
Real Estate Owned$333,000
Profit Margin - Quarterly
Net Interest Margin3.86%
Return on Assets1.03%
Return on Equity7.58%
Interest Income$8.88 million
Rates
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Bank of the Bluegrass and Trust Company Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.01%-$10kKasasa Saver
0.01%--Kasasa Saver

Bank of the Bluegrass and Trust Company Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.01%-$15kKasasa Cash
0.01%--Kasasa Cash
Locations


Bank of the Bluegrass and Trust Company Locations
Bank Of The Bluegrass and Trust Company101 East High StreetLexington, KY 40507
Southland Branch215 Southland DriveLexington, KY 40503