Bank One, West Virginia, New Martinsville, National Association in New Martinsville, West Virginia (WV)
Table of contents:
| Bank One, West Virginia, New Martinsville, National Association | |
|---|---|
| General | FDIC Certificate #: 6742 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Bank One, Wheeling-Steubenville, National Association (#13391) Federal Reserve ID: 639624 Date Established: January 01, 1900 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 4523 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 01, 1996 Last Structure Change Process Date: Febuary 08, 1996 Last Data Update: Febuary 08, 1996 Data Source Date: April 05, 2012 |
| Location | Address: 207 Main Street, New Martinsville, WV 26155 County: Wetzel Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Scott Depot Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast |
| Financial Summary | Total assets: $45.8 mil |
| Assets and Liabilities (December 31, 1995) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $19 |
| Cash and due from depository institutions | $45,841 |
| Interest-bearing balances | $2,341 |
| Securities | $0 |
| Federal funds sold & reverse repurchase agreements | $17,742 |
| Net loans & leases | $13,735 |
| Loan loss allowance | $11,330 |
| Trading account assets | $244 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $332 |
| Goodwill and other intangibles | $0 |
| All other assets | $0 |
| Life insurance assets | $361 |
| Total liabilities and capital | $0 |
| Total liabilities | $45,841 |
| Total deposits | $41,203 |
| Interest-bearing deposits | $40,827 |
| Deposits held in domestic offices | $37,724 |
| % insured (estimated) | 40827.00% |
| Federal funds purchased & repurchase agreements | $98 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $376 |
| Total bank equity capital | $376 |
| Perpetual preferred stock | $4,638 |
| Common stock | $0 |
| Surplus | $200 |
| Undivided profits | $400 |
| Memoranda | |
| Noncurrent loans and leases | $4,038 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $23 |
| Earning assets | $45 |
| Long-term assets (5+ years) | $42,807 |
| Average Assets, year-to-date | $13,322 |
| Average Assets, quarterly | $46,390 |
| Volatile liabilities | $46,610 |
| Insider loans | $309 |
| FHLB advances | $247 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $560 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $4,468 |
| Total unused commitments | $18,924 |
| Restructured Loans and leases | $0 |
| Derivatives | $9,794 |
| Income and Expense (December 31, 1995) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $3,043 |
| Net interest income | $1,414 |
| Provision for loan and lease losses | $1,629 |
| Total noninterest income | $0 |
| Fiduciary activities | $138 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $97 |
| Additional noninterest income | $0 |
| Total noninterest expense | $41 |
| Salaries and employee benefits | $1,257 |
| Premises and equipment expense | $456 |
| Additional noninterest expense | $105 |
| Pre-tax net operating income | $696 |
| Securities gains (losses) | $510 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $120 |
| Extraordinary gains - net | $390 |
| Net income attributable to bank | $0 |
| Net charge-offs | $390 |
| Cash dividends | $64 |
| Sale, conversion, retirement of capital stock, net | $786 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1995) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 7.05% |
| Net interest margin | 3.28% |
| Noninterest income to earning assets | 3.78% |
| Noninterest expense to earning assets | 0.32% |
| Net operating income to assets | 2.91% |
| Return on assets (ROA) | 0.84% |
| Pretax return on assets | 0.84% |
| Return on equity (ROE) | 1.10% |
| Retained earnings to average equity (YTD only) | 8.08% |
| Net charge-offs to loans | -8.21% |
| Credit loss provision to net charge-offs | 0.47% |
| Efficiency ratio | 0.00% |
| Assets per employee | $71,138 |
| Cash dividends to net income (YTD only) | 2.41% |
| Condition Ratios (%) | |
| Loss allowance to loans | 201.54% |
| Loss allowance to noncurrent loans | 2.11% |
| Noncurrent assets plus other real estate owned to assets | 1060.87% |
| Noncurrent loans to loans | 0.05% |
| Net loans and leases to deposits | 0.20% |
| Net loans and leases to core deposits | 27.75% |
| Equity capital to assets | 27.96% |
| Core capital (leverage) ratio | 10.12% |
| Tier 1 risk-based capital ratio | 9.52% |
| Total risk-based capital ratio | 23.61% |
| Memoranda | |
| Average assets | $25 |
| Average earning assets | $46,390 |
| Average equity | $4,824 |
| Average loans | $43,146 |
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