Bank of the Bluegrass and Trust Company

Headquarters

101 E High St
Lexington, KY 40507
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Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.80% →
2-Year CD N.A. 4.25% →
5-Year CD N.A. 4.05% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

Bank of the Bluegrass and Trust Company is an FDIC insured institution located in Lexington, KY. It was founded in 1972 and has approximately $0.37 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 21161
Date Established 1972
Assets $ 366.21 million
Loans $ 269.73 million
Deposits $ 310.40 million
Capital $ 29.71 million
 

For a more detailed analysis of Bank of the Bluegrass and Trust Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 10, 2024

Your Current Location: Washington, WA 98109


Loan Rates - December 10, 2024

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Bank of the Bluegrass and Trust Company

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Washington 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Monthly
Payment
Learn More
Basis Lending, LLC
NMLS ID: 2463124
License#: Yes
6.048% 5.875%
0.88 points
$6,000 fees
$1,893 Learn More
Pure Rate Mortgage
NMLS ID: 2578474
6.242% 6.125%
0.88 points
$4,010 fees
$1,945 Learn More
Sammamish Mortgage Company
NMLS ID: 118653
License#: CL-118653
6.340% 6.250%
1.00 points
$3,034 fees
$1,971 Learn More
Infinity Mortgage Group
NMLS ID: 35972
License#: NMLS 35972
6.340% 6.250%
0.63 points
$3,094 fees
$1,971 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Rate
Rate
See Table
Intro APR 9.600 %
After Intro: 9.600 %
$25,000 Learn More
More Info

Note to Bank of the Bluegrass and Trust Company
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Branches

Bank of the Bluegrass and Trust Company branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Bank of the Bluegrass and Trust Company Locations around zip code 98109


BranchDistance Map View Lobby Hours

Southland Branch

2111.97 A View Lobby Hours

Bank Of The Bluegrass And Trust Comp

2112.39 B View Lobby Hours


Climate Policy and Initiatives

Bank of the Bluegrass and Trust Company is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.


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Financial Details

Bank of the Bluegrass and Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of the Bluegrass and Trust Company. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of the Bluegrass and Trust Company U.S. Bank Average
0.29% 4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, Bank of the Bluegrass and Trust Company had $100,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $29,710,000 in equity and $5,036,000 in loans loss reserves. That gives it a Texas Ratio of 0.29%.

Return on Equity
Bank of the Bluegrass and Trust Company U.S. Bank Average
12.28% 10.46%

Bank of the Bluegrass and Trust Company has a Return on Equity of 12.28% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank of the Bluegrass and Trust Company U.S. Bank Average
8.11% 10.84%

Bank of the Bluegrass and Trust Company has a Capitalization of 8.11% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of the Bluegrass and Trust Company Balance Sheet Analysis

As of June 30, 2024, Bank of the Bluegrass and Trust Company had assets of $366,211,000, loans of $269,726,000, and deposits of $310,402,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2024
ASSETS
Cash & Balances due from depository institutions $ 21.81 million
Interest-bearing balances $ 18.07 million
Total securities $ 57.68 million
Federal funds sold and reverse repurchase $ 2.74 million
Net loans and leases $ 269.73 million
Loan loss allowance $ 5.04 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 9.49 million
     Total Assets $ 336.50 million
LIABILITIES
Total deposits $ 310.40 million
      Interest-bearing deposits $ 236.03 million
      Deposits held in domestic offices $ 310.40 million
      % insured (estimated) 71.72%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.79 million
Subordinated debt N.A.
All other liabilities $ 1.64 million
      Total Liabilities $ 336.50 million
      Shareholders’ Equity $ 29.71 million

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
Total Interest Income $ 8.71 million
Total Interest Expense $ 3.52 million
Net interest income $ 5.19 million
Provision for loan and lease losses N.A.
Total non interest income $ 2.49 million
Total non interest expense $ 5.30 million
Pre-tax Net Operating Income $ 3.06 million

Bank Loan Profile?

The top three loan types in Bank of the Bluegrass and Trust Company’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Kentucky, Bank of the Bluegrass and Trust Company has a significantly higher percent of Multifamily Mortgages, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 27.30
Multifamily
Mortgages
8.55
Credit Card Loans 0.00
Consumer Auto Loans 0.02
Small Business Loans 13.75
Construction and Development Loans 7.13
Commercial Real Estate 38.75
Commercial and Industrial Loans 3.16
Farm Loans 0.00

Customer Reviews for Bank of the Bluegrass and Trust Company

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