Morgantown Bank & Trust Company, Incorporated


Morgantown Bank & Trust Company, Incorporated is an FDIC insured institution headquartered at 201 N Main St, Morgantown, KY 42261.
It was founded in 1880 and has approximately $0 billion in assets. Customers can open an account at one of its 6 branches.

Deposit Rates - May 4, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 275
Date Established 1880
Assets $ 324.88 million
Loans $ 235.30 million
Deposits $ 279.63 million
Capital $ 19.09 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 10.69 million
Interest-bearing balances $ 6.25 million
Total securities $ 63.42 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 235.30 million
Loan loss allowance $ 1.55 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 $ 8.92 million
     Total Assets $ 305.80 million

LIABILITIES
Total deposits $ 279.63 million
      Interest-bearing deposits $ 228.21 million
      Deposits held in domestic offices $ 279.63 million
      % insured (estimated) 86.52%
Federal funds purchased and repurchase agreements $ 5.58 million
Trading liabilities N.A.
Other borrowed funds $ 7.50 million
Subordinated debt N.A.
All other liabilities $ 1.98 millionn
      Total Liabilities $ 305.80 million
      Shareholders’ Equity $ 19.09 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 13.47 million
Total Interest Expense $ 5.16 million
Net interest income $ 8.31 million
Provision for loan and lease losses $ 0.15 million
Total non interest income $ 2.01 million
Total non interest expense $ 8.26 million
Pre-tax Net Operating Income $ 1.19 million

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Branches

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Morgantown Bank & Trust Company, Incorporated Locations