Whitaker Bank
Lexington, Kentucky, Fayette County
$1.9B in total assets, the 636th largest of 4,309 US banks and 10th of 120 headquartered in Kentucky.
- FDIC certificate
- 32912
- Established
- 1990
- Owned by
- Whitaker Bank Corp Of Kentucky
- Primary regulator
- FED
- Website
- www.whitakerbank.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 | $1.9B | 47% | $2.0B | |
| Loans | $1.1B | 40% | $1.2B | |
| Deposits | $1.6B | 47% | $1.7B | |
| Return on assets | 1.32% | 53% | 1.27% | |
| Net interest margin | 4.30% | 80% | 3.81% | |
| Efficiency ratio | 60.8% | 53% | 54.6% | |
| Equity to assets | 11.55% | 60% | 10.00% | |
| Loans to deposits | 68% | 7% | 84% |
Growth
Total assets grew -1.2% a year over the last 5 years and 3.6% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Dec 2020 | Peoples Bank and Trust Company of Madison County Berea, KY, an affiliate under the same holding company | $466M |
| Jul 2008 | State Bank & Trust Company Harrodsburg, KY | $98M |
| Aug 2004 | Mount Sterling Bank Mount Sterling, KY, an affiliate under the same holding company | $101M |
| Aug 2004 | Morehead Bank Morehead, KY, an affiliate under the same holding company | $51M |
| May 2004 | First National Bank and Trust Company Georgetown, KY, an affiliate under the same holding company | $153M |
| May 2004 | The State National Bank of Frankfort Frankfort, KY, an affiliate under the same holding company | $120M |
| Jul 2001 | The Bank of Whitesburg Whitesburg, KY, an affiliate under the same holding company | $152M |
| Sep 2000 | Powell County Bank, National Association Campton, KY, an affiliate under the same holding company | $112M |
| Jul 1997 | The Garrard Bank & Trust Company Lancaster, KY, an affiliate under the same holding company | $47M |
| Jul 1997 | The First National Bank of Carlisle Carlisle, KY, an affiliate under the same holding company | $29M |
| Apr 1990 | Corinth Deposit National Bank Corinth, KY | $9M |
Where they operate
46 branches in 17 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Madison County, KY | $374M | 18.8% | 1 of 17 |
| Fayette County, KY | $226M | 1.9% | 13 of 31 |
| Scott County, KY | $189M | 18.9% | 2 of 10 |
| Powell County, KY | $106M | 55.7% | 1 of 4 |
| Mercer County, KY | $106M | 28.0% | 3 of 4 |
| Letcher County, KY | $103M | 28.3% | 2 of 2 |
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 11 branches since 2016 (35 to 46, +31.4%). 2 opened, 10 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 35 | |||
| 2020 | Acquired Peoples Bank and Trust Company of Madison CountyOpened Danville | 11 | 0 | +11 | 46 |
| 2023 | Closed Lexington | 0 | 1 | −1 | 45 |
| 2025 | Opened Danville | 1 | 0 | +1 | 46 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 40% | 32% | |
| Commercial real estate | 30% | 30% | |
| Construction and land | 14% | 9% | |
| Multifamily | 6% | 7% | |
| Business (C&I) | 4% | 10% | |
| Farmland | 3% | 5% | |
| Consumer | 2% | 5% | |
| Agricultural | 0% | 1% | |
| Other | 0% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 51% | 56% | |
| Noninterest-bearing | 35% | 21% | |
| Time deposits | 14% | 23% |
Brokered deposits are 0.0% of deposits (peers 2.7%).
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 | 0.06% | 0.01% |
| Reserves to loans | 1.50% | 1.18% |
| Leverage ratio | 12.89% | 10.63% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Kentucky
Largest competitors in Madison 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/whitaker