First United Bank and Trust Co

First United Bank and Trust Co Locations
162 North Main Street
Madisonville, KY 42431
270.821.5555
www.efirstunitedbank.com

FDIC

First United Bank and Trust Co is headquartered in Madisonville and is the 68th largest bank in the state of Kentucky. It is also the 3,027th largest bank in the nation. It was established in 1996 and as of December of 2012, it had grown to 56 employees at 3 locations. First United Bank and Trust Co has a 5-star health rating.

Related Posts

First United Bank KY Lowers Reward Rate For Over $25K (Forum) - 11/21/2011

Change in Terms for First Rate Checking   Thank you for being a First Rate Checking Customer.  We have made some changes in the way we will be paying interest beginning December 20, 2011.  Please read this important information about you

3.75% Reward Checking Account at First United Bank and Trust Co. in Kentucky - Local Only - 7/7/2009

Update 10/24/09: The top rate has fallen to 3.75% APY.First United Bank and Trust Co is offering a reward checking account called First Rate Checking. It has the following rates and features if certain monthly requirements are met:3.75% APY on balances...


Data for Q4 2012


Institution Statistics


First United Bank and Trust Company
FDIC Certificate #34150
BankRate ReportView
Year Established1996
Employees56
Primary RegulatorFDIC

Assets and Liabilities

Assets$205.88 million
Loans$111.95 million
Deposits$165.02 million
Equity Capital$26.13 million
Loan Loss Allowance$2.51 million
Unbacked Noncurrent Loans$882,000
Real Estate Owned$216,000

Historic Data - December 2011

Assets$209.68 million
Equity Capital$24.12 million
Loan Loss Allowance$2.14 million
Unbacked Noncurrent Loans$685,000
Real Estate Owned$192,000

Profit Margin - Quarterly

Net Interest Margin4.3%
Return on Assets1.49%
Return on Equity12.07%
Interest Income$9.03 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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, 2012 First United Bank and Trust Co had $1.1 million in non-current loans and owned real-estate with $28.64 million in equity and loan loss allowances on hand to cover it. This gives First United Bank and Trust Co a Texas Ratio of 3.83% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for First United Bank and Trust Co held steady from 3.34% as of December 31, 2011 to 3.83% as of December 31, 2012, resulting in a negative change of 14.77%. This indicates that the balance sheet and financial strength for First United Bank and Trust Co has held steady in recent periods.
Deposit Growth5
In the past year, First United Bank and Trust Co has increased its total deposits by $18.92 million, resulting in 12.95% 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 First United Bank and Trust Co has shown is excellent.
Capitalization5
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. First United Bank and Trust Co has $205.88 million in assets with $28.64 million in equity, resulting in a capitalization level of 13.91%, which is excellent.
Write Review

No reviews have been left for this bank yet. Be the first to review.


 
Nationwide Savings Accounts
Featured Accounts