Central Bank & Trust Co.

300 West Vine Street
Lexington, KY 40507

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 15815
Date Established 1938
Assets $2.60 billion
Loans $2.06 billion
Deposits $2.11 billion
Capital $0.29 billion

Central Bank & Trust Co. is an FDIC insured institution located in Lexington, KY. It was founded in 1938 and has approximately $2.6 billion in assets. Customers can open an account at one of its 26 branches.

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

Bank Loan Profile?

The top three loan types in Central Bank & Trust Co.’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Kentucky, Central Bank & Trust Co. has a significantly higher percent of Credit Card Loans 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 27.40
Multifamily
Mortgages
5.91
Credit Card Loans 0.38
Consumer Auto Loans 4.16
Small Business Loans 6.70
Construction and Development Loans 10.05
Commercial Real Estate 33.07
Commercial and Industrial Loans 11.51
Farm Loans 0.20

Deposit Rates - June 16, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $2,500 $9,999 Learn MoreShow Less
Money Market
0.35% $10,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.35% $10,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.45% $2,500 - Learn MoreShow Less
6 Mo CD
0.70% $1,000 - Learn MoreShow Less
12 Mo CD
1.05% $500 - Learn MoreShow Less
Special: 12 Mo CD
0.85% $2,500 - Learn MoreShow Less
24 Mo CD
1.40% $500 - Learn MoreShow Less
36 Mo CD
1.65% $500 - Learn MoreShow Less
48 Mo CD
2.75% $500 - Learn MoreShow Less
60 Mo CD
3.00% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.05% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
2.40% $100 $9,999,999 Learn MoreShow Less
Var IRA
2.40% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $1 - Learn MoreShow Less

Loan Rates - June 16, 2019

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Central Bank & Trust Co. 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:
Ashburn,Virginia


Central Bank & Trust Co. Locations


Financial Details

Central Bank & Trust Co. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Central Bank & Trust Co.. 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
Central Bank & Trust Co. U.S. Bank Average
4.78% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 December 31, 2018, Central Bank & Trust Co. had $11,730,000 in non-current loans and $3,225,000 in owned real estate. To cover these potential losses it had $292,907,000 in equity and $20,183,000 in loans loss reserves. That gives it a Texas Ratio of 4.78%.

Return on Equity
Central Bank & Trust Co. U.S. Bank Average
10.23% 8.80%

Central Bank & Trust Co. has a Return on Equity of 10.23% versus the BestCashCow average of 8.80%. 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
Central Bank & Trust Co. U.S. Bank Average
11.28% 12.29%

Central Bank & Trust Co. has a Capitalization of 11.28% versus the BestCashCow average of 12.29. 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.

Central Bank & Trust Co. Balance Sheet Analysis

As of December 31, 2018, Central Bank & Trust Co. had assets of $2,597,161,000, loans of $2,060,873,000, and deposits of $2,110,148,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.22 billion
Interest-bearing balances $0.18 billion
Total securities $0.24 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $2.06 billion
Loan loss allowance $0.02 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.01 billion
All other assets $0.03 billion
     Total Assets $2.30 billion
LIABILITIES
Total deposits $2.11 billion
      Interest-bearing deposits $1.52 billion
      Deposits held in domestic offices $2.11 billion
      % insured (estimated) 76.57%
Federal funds purchased and repurchase agreements $0.14 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.03 billion
Subordinated debt $0.00 billion
All other liabilities $0.03 billion
      Total Liabilities $2.30 billion
      Shareholders’ Equity $0.29 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.11 billion
Total Interest Expense $0.01 billion
Net interest income $0.09 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.04 billion
Total non interest expense $0.10 billion
Pre-tax Net Operating Income $0.03 billion

Frequently Asked Questions About Central Bank & Trust Co.

Branches and Savings

Is Central Bank & Trust Co. FDIC insured?

Yes. It is covered under FDIC Certificate #15815.

Why does Central Bank & Trust Co. pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Central Bank & Trust Co. CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Central Bank & Trust Co. a commercial bank?

Yes

Where are Central Bank & Trust Co. locations?

See branch locations nearby.

Is Central Bank & Trust Co. open on Saturdays?

Is Central Bank & Trust Co. open on Sundays?

What time does Central Bank & Trust Co. open?

What time does Central Bank & Trust Co. close?

Are Central Bank & Trust Co. ATMs Open 24/7?

Do Central Bank & Trust Co. ATMs accept cash deposits?

Can Central Bank & Trust Co. customers use other ATMs?

Do Central Bank & Trust Co. branches have notaries?

Will Central Bank & Trust Co. notarize my document?

What address for Central Bank & Trust Co. should I put for incoming ACH transfers?

Will the Central Bank & Trust Co. branch print checks?

Do Central Bank & Trust Co. checks expire?

Does Central Bank & Trust Co. require US citizenship to open account?

Can Central Bank & Trust Co. close my account?

Does Central Bank & Trust Co. Report to credit bureaus?

Does Central Bank & Trust Co. Use Equifax?

What is Central Bank & Trust Co.'s ACH Routing Number?

What is Central Bank & Trust Co.'s SWIFT code?

Products

Does Central Bank & Trust Co. offer mortgages?

Compare mortgage rates here.

Does Central Bank & Trust Co. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Central Bank & Trust Co. offer personal loans?

Compare personal loan rates here.

Does Central Bank & Trust Co. offer student loans?

Will Central Bank & Trust Co. cash a check?

Will Central Bank & Trust Co. redeem a savings bond?

Does Central Bank & Trust Co. cash savings bonds?

Will Central Bank & Trust Co. cash money orders?

Can Central Bank & Trust Co. issue a money order?

Does Central Bank & Trust Co. do currency exchange?

Background on The Bank

Who owns Central Bank & Trust Co.?

How long has Central Bank & Trust Co. been around?

Can Central Bank & Trust Co. transfer to other banks?

Does Central Bank & Trust Co. have quick pay?

Does Central Bank & Trust Co. accept rolled coins?

Will Central Bank & Trust Co. accept loose change?

Where is Central Bank & Trust Co. headquarters?

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