Central Bank & Trust Co.
Lexington, Kentucky, Fayette County
$4.0B in total assets, the 345th largest of 4,309 US banks and 4th of 120 headquartered in Kentucky.
- FDIC certificate
- 15815
- Established
- 1938
- Owned by
- Central Bancshares Inc
- Primary regulator
- FDIC
- Website
- www.centralbank.com
At a glance
Compared with 15 banks headquartered in Kentucky with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $4.0B | 87% | $1.9B | |
| Loans | $3.0B | 87% | $1.1B | |
| Deposits | $3.1B | 87% | $1.6B | |
| Return on assets | 1.21% | 40% | 1.32% | |
| Net interest margin | 4.05% | 67% | 3.81% | |
| Efficiency ratio | 69.7% | 87% | 54.6% | |
| Equity to assets | 12.53% | 87% | 10.00% | |
| Loans to deposits | 97% | 93% | 80% |
Growth
Total assets grew 2.9% a year over the last 5 years and 6.7% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jun 2017 | Central Bank of Jefferson County Louisville, KY, an affiliate under the same holding company | $177M |
| Jan 2011 | Central Bank, FSB Nicholasville, KY, an affiliate under the same holding company | $192M |
| Aug 1998 | Pioneer Federal Savings Bank Winchester, KY | $72M |
Where they operate
29 branches in 8 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Fayette County, KY | $1.9B | 16.0% | 2 of 31 |
| Boone County, KY | $266M | 6.5% | 7 of 17 |
| Jefferson County, KY | $198M | 0.6% | 14 of 28 |
| Jessamine County, KY | $171M | 17.9% | 2 of 11 |
| Scott County, KY | $166M | 16.6% | 3 of 10 |
| Madison County, KY | $152M | 7.6% | 7 of 17 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 6 branches since 2016 (23 to 29, +26.1%). 3 opened, 3 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 23 | |||
| 2017 | Acquired Central Bank of Jefferson County | 3 | 0 | +3 | 26 |
| 2019 | Opened Louisville and Union | 2 | 0 | +2 | 28 |
| 2026 through Q2 | Opened Richmond | 1 | 0 | +1 | 29 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 37% | 30% | |
| 1-4 family residential | 26% | 33% | |
| Multifamily | 11% | 7% | |
| Business (C&I) | 11% | 9% | |
| Construction and land | 9% | 9% | |
| Consumer | 1% | 5% | |
| Farmland | 1% | 5% | |
| Agricultural | 0% | 1% | |
| Other | 2% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 39% | 56% | |
| Noninterest-bearing | 36% | 21% | |
| Time deposits | 25% | 23% |
Brokered deposits are 2.4% of deposits (peers 2.5%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.21% | 0.30% |
| Net charge-offs, annualized | -0.04% | 0.02% |
| Reserves to loans | 0.97% | 1.19% |
| Leverage ratio | 12.42% | 10.63% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Kentucky
Largest competitors in Fayette County, KY
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/central-bank-trust-lexington-ky