Kentucky Farmers Bank

Overview / Commentary

www.kentuckyfarmersbank.com

606-929-5000

2500 Broadway St
Catlettsburg, KY 41129

Kentucky Farmers Bank is headquartered in CATLETTSBURG and is the 61^st largest bank in the state of Kentucky. It is also the 2,557^th largest bank in the nation. It was established in 1931 and as of June of 2023, it had grown to 62 employees at 4 locations. Kentucky Farmers Bank's money market rates are 3X the national average, and it boasts an A+ health rating.

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Health

A+

Data as of Q2 2023

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Health Grade Components

Overall
FDIC Certificate #	267
Year Established	1931
Employees	62
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	2.57%
Return on Equity - YTD	18.04%
Annual Interest Income	$7.1MM

Assets and Liabilities
Assets	Q2 2023vs Q2 2022	$280.2MM$260.6MM
Loans	Q2 2023vs Q2 2022	$161.4MM$143.6MM
Deposits	Q2 2023vs Q2 2022	$237.9MM$223.9MM
Equity Capital	Q2 2023vs Q2 2022	$41.4MM$35.9MM
Loan Loss Allowance	Q2 2023vs Q2 2022	$1.7MM$938.00K
Unbacked Noncurrent Loans	Q2 2023vs Q2 2022	$529.00K$178.00K
Real Estate Owned	Q2 2023vs Q2 2022	$20.00K$0

Rates

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Savings
Money Market
Checking
CD
IRA

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

Kentucky Farmers Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	$100	-	Statement Savings
0.50%	$250	-	IRA Variable Savings
0.50%	-	-	Student Savings

Kentucky Farmers Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.25%^*	$100k^*	-	Money Market Plus
OTHER TIERS: 0.20% → Up to $25k \| 1.00% → $25k - $100k
1.25%^*	$100k^*	-	Money Market Plus Business
OTHER TIERS: 0.20% → Up to $25k \| 1.00% → $25k - $100k
0.20%	$1k	-	Money Market

Kentucky Farmers Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$10k^*	-	Interest Checking
OTHER TIERS: 0.20% → Up to $10k
0.20%	-	-	Business Plus Interest
0.20%	-	-	Business Analysis

Kentucky Farmers Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%	$1k	-	60 Month CD
2.00%	$1k	-	48 Month CD
1.75%	$1k	-	24 Month CD
1.75%	$1k	-	36 Month CD
1.25%	$1k	-	12 Month CD
1.25%	$1k	-	15 Month CD
1.25%	$1k	-	18 Month CD
0.75%	$1k	-	6 Month CD
0.20%	$1k	-	3 Month CD

Kentucky Farmers Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%	$1k	-	60 Month IRA
2.00%	$1k	-	48 Month IRA
1.75%	$1k	-	24 Month IRA
1.75%	$1k	-	36 Month IRA
1.25%	$1k	-	12 Month IRA
1.25%	$1k	-	18 Month IRA
1.25%	$1k	-	15 Month IRA
0.75%	$1k	-	6 Month IRA
0.20%	$1k	-	3 Month IRA

Locations

Kentucky Farmers Bank Locations
Kentucky Farmers Bank Corporation	2500 Broadway St	Catlettsburg, KY 41129
Ashland Office Branch	835 Carter Avenue	Ashland, KY 41101
Suburban Branch	U.S. Highway 60	Boyd County, KY 41101
Louisa Community Bank Branch	4393 Highway 2565	Louisa, KY 41230

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