Bank of the Bluegrass and Trust Co.
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Data as of · sourced from FFIEC call reports. How we update
Bank of the Bluegrass and Trust Co. is an FDIC-insured commercial bank headquartered in Lexington, KY, established in 1972 (FDIC certificate 21161), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $407.0M, up 0.9% from Q2 2025, the 51st largest of 120 banks headquartered in Kentucky. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.80% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 21161
- Headquarters
- Lexington, KY
- Established
- 1972
- Total assets, Q2 2026
- $407.0M
- Assets vs Q2 2025
- +0.9%
- Tier 1 leverage ratio, Q2 2026
- 10.80%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 042101271
- Latest call report
- Q2 2026, FFIEC 051 · Bank of the Bluegrass and Trust Co. call report
- Holding company
- BLUEGRASS BANCSHARES, INC.
- Asset rank in state
- 51st of 120 in Kentucky
Bank of the Bluegrass and Trust Co., based in Lexington, Kentucky, reported $407 million in assets at June 30, 2026. It carries problem assets equal to 0.2% of the capital and reserves that would absorb them, a small fraction of the median of 2.6% for the 2,660 banks with $100 million to $1 billion in assets. It also lost 1.5% of its deposits over the year, lower than about three-quarters of banks its size (median 4.0%).
Net income for the quarter rose 14% from a year earlier, to $1.4 million. Over the same year, loans grew 4.7% and deposits shrank 1.5%. Concentration is the risk to watch: it holds commercial real estate loans worth 2.3 times its capital, about double the median of 1.2 times for banks its size.
As of June 30, 2026, Bank of the Bluegrass and Trust Co. reported a return on assets of 1.38%, a nonperforming-loan ratio of 0.03% and a Texas ratio of 0.22%. The figures come from its call report filed with the FFIEC.
Bank of the Bluegrass and Trust Co. ranks as the 51st largest of the 120 banks based in Kentucky, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 2.0% to $407.0M, loans fell 0.7% and deposits fell 1.2%. 1-4 family residential loans made up 40.9% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 18.1%. Its 4 offices in the FDIC Summary of Deposits are in Lexington, KY. Judged on its Q2 2026 call report, Bank of the Bluegrass and Trust Co. meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 101 E High St, Lexington, KY 40507
- County
- Fayette
- Metro Area
- Lexington-Fayette, KY
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 4, Cleveland
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- April 10, 1972
- Former names
- Bank of the Bluegrass and Trust Company (1981)
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 63
- Domestic deposits
- $346.0M
- Allowance for credit losses
- $5.5M
- Net charge-offs (YTD)
- $2K
- Average total assets
- $407.7M
- Average total loans
- $311.2M
- Average interest-bearing deposits
- $271.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- July 16, 1973
- FDIC Cert
- 21161
- Fed RSSD
- 1006513
- Website
- www.bankofthebluegrass.com →
- Parent Holding Company
- BLUEGRASS BANCSHARES, INC. (RSSD 1244801)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Bank of the Bluegrass and Trust Co. reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Bank of the Bluegrass and Trust Co.'s total assets moved between a low of $344.3M (Q3 2023) and a high of $415.2M (Q1 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$407.0M total assets against $403.3M; $369.5M total liabilities against $369.9M.
$303.5M net loans and leases against $290.0M; $346.0M total deposits against $351.1M.
$62.6M securities against $61.5M; $26.9M cash and balances due against $38.1M.
$5.6M total interest income against $5.1M; $1.8M total interest expense against $2.0M.
$3.7M net interest income against $3.2M.
$1.5M total noninterest income against $1.3M; $3.2M total noninterest expense against $2.8M.
$105K provision for credit losses against $0.
$1.4M net income against $1.2M.
1.38% return on assets against 1.22%; 3.69% net interest margin against 3.23%.
10.80% tier 1 leverage ratio against 10.24%.
Inside the full Bank of the Bluegrass and Trust Co. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Bank of the Bluegrass and Trust Co. rankings
Its closest position to the top of a national ranking is 1,561 of 3,611, for ROA; its furthest is 3,143 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.13% (Q3 2025) to 1.60% (Q1 2025) and its net interest margin ran from 3.02% (Q3 2024) to 3.69% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.80% | 1.38% | 0.03% | 0.22% | 3.69% |
| Q1 2026 | 10.55% | 1.31% | 0.03% | 0.23% | 3.53% |
| Q4 2025 | 10.46% | 1.29% | 0.05% | 0.35% | 3.57% |
| Q3 2025 | 10.27% | 1.13% | 0.05% | 0.37% | 3.35% |
| Q2 2025 | 10.24% | 1.22% | 0.03% | 0.24% | 3.23% |
| Q1 2025 | 10.19% | 1.60% | 0.03% | 0.26% | 3.25% |
| Q4 2024 | 10.41% | 1.19% | 0.03% | 0.27% | 3.13% |
| Q3 2024 | 9.96% | 1.37% | 0.05% | 0.38% | 3.02% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Southland Branch | Lexington , KY | 40503 | $182.5M |
| Bank of the Bluegrass and Trust Company | Lexington , KY | 40507 | $124.2M |
| Romany Road Branch | Lexington , KY | 40502 | $29.6M |
| Palomar Springs Branch | Lexington , KY | 40513 | $9.7M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in KY, rank 66 of 152 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $234K approved, $234K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2023 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Bank of the Bluegrass and Trust Co.
What are Bank of the Bluegrass and Trust Co.'s total assets?
As of the Q2 2026 filing, Bank of the Bluegrass and Trust Co. reported total assets of $407.0 million in its FFIEC call report.
Where is Bank of the Bluegrass and Trust Co. headquartered?
It is headquartered in Lexington, KY, United States.
When was Bank of the Bluegrass and Trust Co. founded?
It was established in 1972, per the FDIC institution directory.
Is Bank of the Bluegrass and Trust Co. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #21161). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Bank of the Bluegrass and Trust Co.?
Bank of the Bluegrass and Trust Co.'s primary federal regulator is the FDIC.
How many branches does Bank of the Bluegrass and Trust Co. operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Bank of the Bluegrass and Trust Co.'s Texas Ratio?
Its Texas Ratio is 0.22% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Bank of the Bluegrass and Trust Co. previously called?
The charter now named Bank of the Bluegrass and Trust Co. has also operated as Bank of the Bluegrass and Trust Company (1981), per FDIC structure-change records.
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