Kentucky Farmers Bank Corporation

2500 Broadway
Catlettsburg, KY 41129

Notable Rates APY Vs.Others
Savings 0.25% 2.20% →
1-Year CD 0.70% 2.25% →
2-Year CD 0.90% 2.30% →
5-Year CD 1.75% 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

Kentucky Farmers Bank Corporation is an FDIC insured institution located in Catlettsburg, KY. It was founded in 1931 and has approximately $0.19 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 267
Date Established 1931
Assets $0.19 billion
Loans $0.09 billion
Deposits $0.14 billion
Capital $0.05 billion
 

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

Deposit Rates - January 19, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $1,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.10% $1,000 - Learn MoreShow Less
6 Mo CD
0.20% $1,000 - Learn MoreShow Less
12 Mo CD
0.70% $1,000 - Learn MoreShow Less
18 Mo CD
0.80% $1,000 - Learn MoreShow Less
24 Mo CD
0.90% $1,000 - Learn MoreShow Less
36 Mo CD
1.15% $1,000 - Learn MoreShow Less
48 Mo CD
1.35% $1,000 - Learn MoreShow Less
60 Mo CD
1.75% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.70% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $250 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 $9,999 Learn MoreShow Less

Loan Rates - January 19, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Kentucky Farmers Bank Corporation

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.668% 4.625% 0.00 $1,250 $1,286 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.517% 3.500% 0.25 $515 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to Kentucky Farmers Bank Corporation
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Kentucky Farmers Bank Corporation 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


Kentucky Farmers Bank Corporation Locations


Financial Details

Kentucky Farmers Bank Corporation Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Kentucky Farmers Bank Corporation. 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
Kentucky Farmers Bank Corporation U.S. Bank Average
3.33% 6.70%

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 September 30, 2019, Kentucky Farmers Bank Corporation had $1,178,000 in non-current loans and $358,000 in owned real estate. To cover these potential losses it had $45,362,000 in equity and $833,000 in loans loss reserves. That gives it a Texas Ratio of 3.33%.

Return on Equity
Kentucky Farmers Bank Corporation U.S. Bank Average
7.32% 9.72%

Kentucky Farmers Bank Corporation has a Return on Equity of 7.32% versus the BestCashCow average of 9.72%. 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
Kentucky Farmers Bank Corporation U.S. Bank Average
24.22% 12.89%

Kentucky Farmers Bank Corporation has a Capitalization of 24.22% versus the BestCashCow average of 12.89. 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.

Kentucky Farmers Bank Corporation Balance Sheet Analysis

As of September 30, 2019, Kentucky Farmers Bank Corporation had assets of $187,310,000, loans of $87,301,000, and deposits of $141,449,000. 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

September 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.08 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.09 billion
Loan loss allowance $0.00 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 $0.00 billion
All other assets $0.00 billion
     Total Assets $0.14 billion
LIABILITIES
Total deposits $0.14 billion
      Interest-bearing deposits $0.10 billion
      Deposits held in domestic offices $0.14 billion
      % insured (estimated) 87.76%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.14 billion
      Shareholders’ Equity $0.05 billion

Summary Income Statement

September 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Kentucky Farmers Bank Corporation’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Kentucky, Kentucky Farmers Bank Corporation has a significantly higher percent of 1-4 Family Residential Loans, Consumer Auto 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 58.85
Multifamily
Mortgages
0.61
Credit Card Loans 0.00
Consumer Auto Loans 7.12
Small Business Loans 0.00
Construction and Development Loans 2.90
Commercial Real Estate 16.07
Commercial and Industrial Loans 8.28
Farm Loans 0.00

Frequently Asked Questions About Kentucky Farmers Bank Corporation

Branches and Savings

Is Kentucky Farmers Bank Corporation FDIC insured?

Yes. It is covered under FDIC Certificate #267.

Why does Kentucky Farmers Bank Corporation pay such low interest on savings accounts?

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

Why are Kentucky Farmers Bank Corporation CD rates not competitive?

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

Is Kentucky Farmers Bank Corporation a commercial bank?

Yes

Where are Kentucky Farmers Bank Corporation locations?

See branch locations nearby.

Is Kentucky Farmers Bank Corporation open on Saturdays?

Is Kentucky Farmers Bank Corporation open on Sundays?

What time does Kentucky Farmers Bank Corporation open?

What time does Kentucky Farmers Bank Corporation close?

Are Kentucky Farmers Bank Corporation ATMs Open 24/7?

Do Kentucky Farmers Bank Corporation ATMs accept cash deposits?

Can Kentucky Farmers Bank Corporation customers use other ATMs?

Do Kentucky Farmers Bank Corporation branches have notaries?

Will Kentucky Farmers Bank Corporation notarize my document?

What address for Kentucky Farmers Bank Corporation should I put for incoming ACH transfers?

Will the Kentucky Farmers Bank Corporation branch print checks?

Do Kentucky Farmers Bank Corporation checks expire?

Does Kentucky Farmers Bank Corporation require US citizenship to open account?

Can Kentucky Farmers Bank Corporation close my account?

Does Kentucky Farmers Bank Corporation Report to credit bureaus?

Does Kentucky Farmers Bank Corporation Use Equifax?

What is Kentucky Farmers Bank Corporation's ACH Routing Number?

What is Kentucky Farmers Bank Corporation's SWIFT code?

Products

Does Kentucky Farmers Bank Corporation offer mortgages?

Compare mortgage rates here.

Does Kentucky Farmers Bank Corporation offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Kentucky Farmers Bank Corporation offer personal loans?

Compare personal loan rates here.

Does Kentucky Farmers Bank Corporation offer student loans?

Will Kentucky Farmers Bank Corporation cash a check?

Will Kentucky Farmers Bank Corporation redeem a savings bond?

Does Kentucky Farmers Bank Corporation cash savings bonds?

Will Kentucky Farmers Bank Corporation cash money orders?

Can Kentucky Farmers Bank Corporation issue a money order?

Does Kentucky Farmers Bank Corporation do currency exchange?

Background on The Bank

Who owns Kentucky Farmers Bank Corporation?

How long has Kentucky Farmers Bank Corporation been around?

Can Kentucky Farmers Bank Corporation transfer to other banks?

Does Kentucky Farmers Bank Corporation have quick pay?

Does Kentucky Farmers Bank Corporation accept rolled coins?

Will Kentucky Farmers Bank Corporation accept loose change?

Where is Kentucky Farmers Bank Corporation headquarters?

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