Farmers Capital Bank Corporation, through its subsidiaries, provides a range of banking and bank-related services to customers throughout Central and Northern Kentucky. The company’s four bank subsidiaries include Farmers Bank & Capital Trust Company (Farmers Bank), Frankfort, Kentucky; United Bank & Trust Company (United Bank), Versailles, Kentucky; First Citizens Bank (First Citizens), Elizabethtown, Kentucky; and Citizens Bank of Northern Kentucky, Inc. (Citizens Northern), Newport, Kentucky. The company also owns FCB Services, Inc. (FCB Services), a data processing subsidiary located in Frankfort, Kentucky; and FFKT Insurance Services, Inc. (FFKT Insurance), a captive property and casualty insurance company in Frankfort, Kentucky. The company provides a range of financial services at its 34 locations in 21 communities throughout Central and Northern Kentucky to individual, business, agriculture, government, and educational customers. Its primary deposit products are checking, savings, and term certificate accounts. Its primary lending products are residential mortgage, commercial lending, and consumer installment loans. All loans and leases are secured by specific items of collateral, including business assets, consumer assets, and commercial and residential real estate. Other services provided by the company include, but are not limited to, cash management services, issuing letters of credit, safe deposit box rental, and providing funds transfer services. The company has minor amounts of other financial instruments, including deposit accounts in other financial institutions and federal funds sold, neither of which represent a potential concentration of credit risk. Farmers Bank Farmers Bank engages in a range of commercial and personal banking activities, which include accepting savings, time and demand deposits; making secured and unsecured loans to corporations, individuals and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services. Farmers Bank’s lending activities include making commercial, construction, mortgage, and personal loans and lines of credit. Farmers Bank serves as an agent in providing credit card loans. It acts as trustee of personal trusts, as executor of estates, as trustee for employee benefit trusts and as registrar, transfer agent and paying agent for bond issues. Farmers Bank conducts business at its principal office and four branches in Frankfort, the capital of Kentucky, as well as two branches in Anderson County, and one branch in Mercer County. It is the major bank operating in both Franklin and Anderson counties based on total bank deposits. The market served by Farmers Bank includes government, commerce, finance, industry, medicine, education, and agriculture. The bank serves many individuals and corporations throughout Central Kentucky. Farmers Bank had five active direct subsidiaries as of December 31, 2015, such as Farmers Bank Realty Co. (Farmers Realty); Farmers Capital Insurance Corporation (Farmers Insurance); EG Properties, Inc. (EG Properties); Austin Park Apartments, LTD (Austin Park); and Frankfort Apartments II, LTD (Frankfort Apartments). Farmers Realty owns certain real estate used by the company and Farmers Bank in the ordinary course of business. Farmers Insurance engages in insurance activities permitted to the company under federal and state law. Farmers Insurance acts as an agent for an otherwise unrelated title insurance company and offers title insurance coverage on property financed by the company. EG Properties engages in real estate management and liquidation for certain properties repossessed by Farmers Bank. EG Properties holds a 93.4% interest in WCO, LLC, which was formed during 2012 to hold certain real estate repossessed by Farmers Bank and United Bank. Farmers Bank is a limited partner in Austin Park and Frankfort Apartments, two low income housing tax credit partnerships located in Frankfort, Kentucky. United Bank United Bank engages in a general banking business providing full service banking to individ
farmers capital bank corp
202 West Main Street
PO Box 309
Frankfort, KY 40601
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