Forcht Bank

Overview / Commentary

www.forchtbank.com

859-264-2265

2404 Sir Barton Way
Lexington, KY 40509

Forcht Bank is headquartered in LEXINGTON and is the 11^th largest bank in the state of Kentucky. It is also the 718^th largest bank in the nation. It was established in 2002 and as of March of 2024, it had grown to 254 employees at 24 locations. Forcht Bank's money market rates are 3X the national average, and it has a B+ health rating.

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Health

B+

Data as of Q1 2024

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Health Grade Components

Overall
FDIC Certificate #	57415
Year Established	2002
Employees	254
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.41%
Return on Equity - YTD	4.85%
Annual Interest Income	$15.8MM

Assets and Liabilities
Assets	Q1 2024vs Q1 2023	$1.55B$1.51B
Loans	Q1 2024vs Q1 2023	$1.08B$986.1MM
Deposits	Q1 2024vs Q1 2023	$1.32B$1.32B
Equity Capital	Q1 2024vs Q1 2023	$130.8MM$133.1MM
Loan Loss Allowance	Q1 2024vs Q1 2023	$13.2MM$13.3MM
Unbacked Noncurrent Loans	Q1 2024vs Q1 2023	$1.8MM$2.5MM
Real Estate Owned	Q1 2024vs Q1 2023	$0$0

Rates

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Savings
Money Market
Checking
CD

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Always verify rates and promotions with the bank or credit union. We are not Forcht Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Forcht Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%^*	$10k^*	-	Forcht Friend Savings
OTHER TIERS: 0.05% → $0 - $10k
0.05%	$0	-	Simple Savings

Forcht Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.76%^*	$500k^*	-	Platinum Business Money Market
OTHER TIERS: 0.15% → $0 - $100k \| 1.26% → $100k - $250k \| 1.51% → $250k - $500k
1.51%^*	$250k^*	-	Forcht Reserve Money Market
OTHER TIERS: 0.15% → $0 - $50k \| 1.00% → $50k - $100k \| 1.26% → $100k - $250k
0.15%^*	$100k^*	-	Performance Money Market
OTHER TIERS: 0.05% → $0 - $10k \| 0.10% → $10k - $100k

Forcht Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$0	-	Forcht Friend Checking
0.05%	$0	-	55 Advantage Checking
0.05%	$0	-	Everyday Heroes Checking

Forcht Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
5.00%	$1k	-	5 Month Special CD - New Money

Locations

Availability

Lexington Area

Lexington Area bank & credit union details

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