Farmers Nat'l Bank of Danville

Farmers Nat'l Bank of Danville Locations

304 West Main Street
Danville, KY 40422
(859) 236-292
www.fnbky.com

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Farmers Nat'l Bank of Danville is headquartered in Danville and is the 24^th largest bank in the state of Kentucky. It is also the 1,368^th largest bank in the nation. It was established in 1879 and as of September of 2011, it had grown to 153 employees at 11 locations. Farmers Nat'l Bank of Danville has a 2-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Farmers Nat'l Bank of Danville Checking Account Rates

Apy	Min	Max	Product
2.02%	-	$25k	Performance+ Checking
0.07%	$25k	-	NOW Plus
0.07%	$25k	-	Lifestyle Plus
0.07%	$25k	-	Lifestyle Perks

Farmers Nat'l Bank of Danville Savings Account Rates

Apy	Min	Max	Product
0.15%	$25k	-	Health Savings Account
0.15%	$100k	-	Statement Savings

Farmers Nat'l Bank of Danville Money Market Rates

Apy	Min	Max	Product
0.15%	$25k	-	Money Market Account
0.15%	$25k	-	Corporate Preferred Money Market Account

Farmers Nat'l Bank of Danville CD Rates

Apy	Min	Max	Product
1.26%	$500	-	60 Month CD
1.00%	$500	-	48 Month CD
0.80%	$500	-	36 Month CD
0.50%	$500	-	24 Month CD
0.40%	$500	-	18 Month CD
0.30%	$500	-	12 Month CD
0.25%	$500	-	7 Month CD
0.20%	$2,500	-	12 Month Advantage Plus CD
0.15%	$500	-	6 Month CD
0.10%	$500	-	3 Month CD

Farmers Nat'l Bank of Danville IRA Rates

Apy	Min	Max	Product
1.26%	$500	-	60 Month IRA
1.26%	$500	-	120 Month IRA
1.26%	$500	-	60 Month Roth IRA
1.26%	$500	-	120 Month Roth IRA
1.26%	$500	-	60 Month SEP IRA
1.26%	$500	-	60 Month CESA
1.26%	$500	-	120 Month SEP IRA
1.26%	$500	-	120 Month CESA
1.00%	$500	-	48 Month IRA
1.00%	$500	-	48 Month Roth IRA
1.00%	$500	-	48 Month SEP IRA
1.00%	$500	-	48 Month CESA
0.80%	$500	-	36 Month IRA
0.80%	$500	-	36 Month Roth IRA
0.80%	$500	-	36 Month SEP IRA
0.80%	$500	-	36 Month CESA
0.50%	$500	-	24 Month IRA
0.50%	$500	-	24 Month Roth IRA
0.50%	$500	-	24 Month SEP IRA
0.50%	$500	-	24 Month CESA
0.40%	$500	-	18 Month IRA
0.40%	$500	-	18 Month Roth IRA
0.40%	$500	-	18 Month SEP IRA
0.40%	$500	-	18 Month CESA
0.30%	$500	-	12 Month IRA
0.30%	$500	-	12 Month Roth IRA
0.30%	$500	-	12 Month SEP IRA
0.30%	$500	-	12 Month CESA
0.20%	$100	-	Variable One Month IRA
0.20%	$100	-	Variable One Month Roth IRA
0.20%	$100	-	Variable One Month SEP IRA
0.20%	$100	-	Variable One Month CESA
0.15%	$500	-	6 Month IRA
0.15%	$500	-	6 Month Roth IRA
0.15%	$500	-	6 Month SEP IRA
0.15%	$500	-	6 Month CESA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

The Farmers National Bank of Danville
FDIC Certificate #	2740
BankRate Report	View
Year Established	1879
Employees	153
Primary Regulator	OCC
Assets and Liabilities
Assets	$493.87 million
Loans	$278.74 million
Deposits	$408.91 million
Equity Capital	$50.30 million
Loan Loss Allowance	$7.72 million
Unbacked Noncurrent Loans	$14.70 million
Real Estate Owned	$8.25 million
Historic Data - September 2010
Assets	$517.41 million
Equity Capital	$46.90 million
Loan Loss Allowance	$8.20 million
Unbacked Noncurrent Loans	$11.74 million
Real Estate Owned	$2.70 million
Profit Margin - Quarterly
Net Interest Margin	3.12%
Return on Assets	0.62%
Return on Equity	6.47%
Interest Income	$15.39 million

Institution Health

Overall Score:

2 out of 5

Texas Ratio
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 September 30, 2011 Farmers Nat'l Bank of Danville had $22.95 million in non-current loans and owned real-estate with $58.02 million in equity and loan loss allowances on hand to cover it. This gives Farmers Nat'l Bank of Danville a Texas Ratio of 39.56% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Farmers Nat'l Bank of Danville increased slightly from 26.21% as of September 30, 2010 to 39.56% as of September 30, 2011, resulting in a negative change of 50.95%. This indicates that the balance sheet and financial strength for Farmers Nat'l Bank of Danville has declined slightly in recent periods.
Deposit Growth
In the past year, Farmers Nat'l Bank of Danville has decreased its total deposits by -$11.32 million, resulting in -2.69% 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 Farmers Nat'l Bank of Danville has shown is below average.
Capitalization
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. Farmers Nat'l Bank of Danville has $493.87 million in assets with $58.02 million in equity, resulting in a capitalization level of 11.75%, which is above average.

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