South Central Bank of Hardin County, Inc.

South Central Bank of Hardin County, Inc. is headquartered in Elizabethtown and is the 150^th largest bank in the state of Kentucky. It is also the 5,427^th largest bank in the nation. It was established in 1995 and as of March of 2012, it had grown to 16 employees at 2 locations. South Central Bank of Hardin County, Inc. has a 3-star health rating.

Data for Q1 2012

Institution Statistics South Central Bank of Hardin County, Inc. FDIC Certificate # 33977 BankRate Report View Year Established 1995 Employees 16 Primary Regulator FDIC Assets and Liabilities Assets $81.97 million Loans $49.42 million Deposits $67.47 million Equity Capital $8.89 million Loan Loss Allowance $917,000 Unbacked Noncurrent Loans $2.63 million Real Estate Owned $254,000 Historic Data - March 2011 Assets $80.16 million Equity Capital $8.66 million Loan Loss Allowance $937,000 Unbacked Noncurrent Loans $1.63 million Profit Margin - Quarterly Net Interest Margin 3.12% Return on Assets 0.19% Return on Equity 1.67% Interest Income $845,000

Institution Health Overall Score: 3 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 March 31, 2012 South Central Bank of Hardin County, Inc. had $2.89 million in non-current loans and owned real-estate with $9.81 million in equity and loan loss allowances on hand to cover it. This gives South Central Bank of Hardin County, Inc. a Texas Ratio of 29.43% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for South Central Bank of Hardin County, Inc. increased slightly from 23.21% as of March 31, 2011 to 29.43% as of March 31, 2012, resulting in a negative change of 26.80%. This indicates that the balance sheet and financial strength for South Central Bank of Hardin County, Inc. has declined slightly in recent periods. Deposit Growth In the past year, South Central Bank of Hardin County, Inc. has increased its total deposits by $2.78 million, resulting in 4.3% 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 South Central Bank of Hardin County, Inc. has shown is above 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. South Central Bank of Hardin County, Inc. has $81.97 million in assets with $9.81 million in equity, resulting in a capitalization level of 11.96%, which is above average.

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