United National Bank - Central in Glenville, West Virginia (WV)
Table of contents:
| United National Bank - Central | |
|---|---|
| General | FDIC Certificate #: 6804 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: United Bank (#6784) Federal Reserve ID: 640938 Date Established: September 14, 1932 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Interstate: No) OTS Docket #: 9751 FDIC's unique #: 4576 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, 1993 Last Structure Change Process Date: January 26, 1993 Last Data Update: January 26, 1993 Data Source Date: April 05, 2012 |
| Location | Address: 101 East Main Street, Glenville, WV 26351 County: Gilmer 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: $185.3 mil |
| Assets and Liabilities (December 31, 1992) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $84 |
| Cash and due from depository institutions | $185,303 |
| Interest-bearing balances | $4,911 |
| Securities | $20 |
| Federal funds sold & reverse repurchase agreements | $45,566 |
| Net loans & leases | $37,232 |
| Loan loss allowance | $92,870 |
| Trading account assets | $1,955 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $2,239 |
| Goodwill and other intangibles | $90 |
| All other assets | $0 |
| Life insurance assets | $2,395 |
| Total liabilities and capital | $0 |
| Total liabilities | $185,303 |
| Total deposits | $163,172 |
| Interest-bearing deposits | $153,904 |
| Deposits held in domestic offices | $137,305 |
| % insured (estimated) | 153904.00% |
| Federal funds purchased & repurchase agreements | $97 |
| Trading liabilities | $8,034 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $1,234 |
| Total bank equity capital | $1,234 |
| Perpetual preferred stock | $22,131 |
| Common stock | $0 |
| Surplus | $572 |
| Undivided profits | $7,249 |
| Memoranda | |
| Noncurrent loans and leases | $14,310 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $1,338 |
| Earning assets | $651 |
| Long-term assets (5+ years) | $175,688 |
| Average Assets, year-to-date | $13,815 |
| Average Assets, quarterly | $181,806 |
| Volatile liabilities | $184,939 |
| Insider loans | $11,954 |
| FHLB advances | $350 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $1,995 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $22,131 |
| Total unused commitments | $88,892 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1992) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $14,059 |
| Net interest income | $6,392 |
| Provision for loan and lease losses | $7,667 |
| Total noninterest income | $208 |
| Fiduciary activities | $688 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $304 |
| Additional noninterest income | $0 |
| Total noninterest expense | $384 |
| Salaries and employee benefits | $3,862 |
| Premises and equipment expense | $1,527 |
| Additional noninterest expense | $575 |
| Pre-tax net operating income | $1,760 |
| Securities gains (losses) | $4,285 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $1,322 |
| Extraordinary gains - net | $2,963 |
| Net income attributable to bank | $0 |
| Net charge-offs | $2,963 |
| Cash dividends | $104 |
| Sale, conversion, retirement of capital stock, net | $1,934 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1992) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 8.16% |
| Net interest margin | 3.71% |
| Noninterest income to earning assets | 4.45% |
| Noninterest expense to earning assets | 0.40% |
| Net operating income to assets | 2.24% |
| Return on assets (ROA) | 1.63% |
| Pretax return on assets | 1.63% |
| Return on equity (ROE) | 2.36% |
| Retained earnings to average equity (YTD only) | 13.78% |
| Net charge-offs to loans | 4.78% |
| Credit loss provision to net charge-offs | 0.11% |
| Efficiency ratio | 200.00% |
| Assets per employee | $46,224 |
| Cash dividends to net income (YTD only) | 2.21% |
| Condition Ratios (%) | |
| Loss allowance to loans | 65.27% |
| Loss allowance to noncurrent loans | 2.06% |
| Noncurrent assets plus other real estate owned to assets | 146.11% |
| Noncurrent loans to loans | 0.77% |
| Net loans and leases to deposits | 1.41% |
| Net loans and leases to core deposits | 60.34% |
| Equity capital to assets | 61.92% |
| Core capital (leverage) ratio | 11.94% |
| Tier 1 risk-based capital ratio | 11.95% |
| Total risk-based capital ratio | 24.90% |
| Memoranda | |
| Average assets | $26 |
| Average earning assets | $181,806 |
| Average equity | $21,510 |
| Average loans | $172,271 |
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