United Southern Bank

United Southern Bank is headquartered in Hopkinsville and is the 55^th largest bank in the state of Kentucky. It is also the 2,627^th largest bank in the nation. It was established in 1922 and as of March of 2012, it had grown to 78 employees at 8 locations. United Southern Bank has a 4-star health rating.

United Southern Bank Routing Number: 083903580

Data for Q1 2012

Institution Statistics United Southern Bank FDIC Certificate # 9309 BankRate Report View Year Established 1922 Employees 78 Primary Regulator FDIC Assets and Liabilities Assets $244.75 million Loans $182.00 million Deposits $219.25 million Equity Capital $23.97 million Loan Loss Allowance $3.17 million Unbacked Noncurrent Loans $1.33 million Real Estate Owned $2.73 million Historic Data - March 2011 Assets $248.08 million Equity Capital $21.88 million Loan Loss Allowance $2.67 million Unbacked Noncurrent Loans $1.98 million Real Estate Owned $3.02 million Profit Margin - Quarterly Net Interest Margin 4.04% Return on Assets 0.52% Return on Equity 5.43% Interest Income $2.74 million

Institution Health Overall Score: 4 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 United Southern Bank had $4.06 million in non-current loans and owned real-estate with $27.14 million in equity and loan loss allowances on hand to cover it. This gives United Southern Bank a Texas Ratio of 14.94% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for United Southern Bank decreased slightly from 20.47% as of March 31, 2011 to 14.94% as of March 31, 2012, resulting in a positive change of 26.99%.This indicates that the balance sheet and financial strength for United Southern Bank has improved slightly in recent periods. Deposit Growth In the past year, United Southern Bank has decreased its total deposits by -$6.76 million, resulting in -2.99% 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 United Southern Bank 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. United Southern Bank has $244.75 million in assets with $27.14 million in equity, resulting in a capitalization level of 11.09%, which is above average.

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