United National Bank - South in Beckley, West Virginia (WV)
Table of contents:
| United National Bank - South | |
|---|---|
| General | FDIC Certificate #: 9992 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: United Bank (#6784) Federal Reserve ID: 1006027 Date Established: July 15, 1909 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) FDIC's unique #: 6386 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 27, 1996 Last Structure Change Process Date: Febuary 09, 1996 Last Data Update: Febuary 09, 1996 Data Source Date: April 05, 2012 |
| Location | Address: 129 Main Street, Beckley, WV 25801 County: Raleigh 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 Combined Statistical Area (CSA): Beckley-Oak Hill, WV (#138) Core Based Statistical Area (CBSA): Beckley, WV (#13220) CBSA Micro Statistical Area: Yes |
| Financial Summary | Total assets: $185.0 mil |
| Assets and Liabilities (December 31, 1995) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $73 |
| Cash and due from depository institutions | $185,006 |
| Interest-bearing balances | $5,537 |
| Securities | $0 |
| Federal funds sold & reverse repurchase agreements | $48,399 |
| Net loans & leases | $30,483 |
| Loan loss allowance | $90,088 |
| Trading account assets | $2,715 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $3,258 |
| Goodwill and other intangibles | $251 |
| All other assets | $4,309 |
| Life insurance assets | $2,681 |
| Total liabilities and capital | $0 |
| Total liabilities | $185,006 |
| Total deposits | $160,087 |
| Interest-bearing deposits | $153,819 |
| Deposits held in domestic offices | $131,492 |
| % insured (estimated) | 153819.00% |
| Federal funds purchased & repurchase agreements | $92 |
| Trading liabilities | $2,649 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $3,619 |
| Total bank equity capital | $3,619 |
| Perpetual preferred stock | $24,919 |
| Common stock | $0 |
| Surplus | $1,050 |
| Undivided profits | $20,590 |
| Memoranda | |
| Noncurrent loans and leases | $3,279 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $1,304 |
| Earning assets | $697 |
| Long-term assets (5+ years) | $168,970 |
| Average Assets, year-to-date | $27,161 |
| Average Assets, quarterly | $184,922 |
| Volatile liabilities | $186,587 |
| Insider loans | $15,028 |
| FHLB advances | $5,170 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $18,968 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $20,324 |
| Total unused commitments | $99,761 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1995) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $12,987 |
| Net interest income | $5,115 |
| Provision for loan and lease losses | $7,872 |
| Total noninterest income | $0 |
| Fiduciary activities | $1,175 |
| Service charges on deposit accounts | $162 |
| Trading account gains & fees | $777 |
| Additional noninterest income | $0 |
| Total noninterest expense | $236 |
| Salaries and employee benefits | $4,746 |
| Premises and equipment expense | $1,604 |
| Additional noninterest expense | $647 |
| Pre-tax net operating income | $2,495 |
| Securities gains (losses) | $4,301 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $1,438 |
| Extraordinary gains - net | $2,863 |
| Net income attributable to bank | $0 |
| Net charge-offs | $2,863 |
| Cash dividends | $98 |
| Sale, conversion, retirement of capital stock, net | $1,558 |
| 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 | 7.75% |
| Net interest margin | 3.05% |
| Noninterest income to earning assets | 4.70% |
| Noninterest expense to earning assets | 0.70% |
| Net operating income to assets | 2.83% |
| Return on assets (ROA) | 1.55% |
| Pretax return on assets | 1.55% |
| Return on equity (ROE) | 2.33% |
| Retained earnings to average equity (YTD only) | 11.80% |
| Net charge-offs to loans | 5.38% |
| Credit loss provision to net charge-offs | 0.11% |
| Efficiency ratio | 0.00% |
| Assets per employee | $44,346 |
| Cash dividends to net income (YTD only) | 2.53% |
| Condition Ratios (%) | |
| Loss allowance to loans | 54.42% |
| Loss allowance to noncurrent loans | 2.93% |
| Noncurrent assets plus other real estate owned to assets | 208.21% |
| Noncurrent loans to loans | 0.84% |
| Net loans and leases to deposits | 1.41% |
| Net loans and leases to core deposits | 58.57% |
| Equity capital to assets | 63.69% |
| Core capital (leverage) ratio | 13.47% |
| Tier 1 risk-based capital ratio | 11.24% |
| Total risk-based capital ratio | 20.37% |
| Memoranda | |
| Average assets | $22 |
| Average earning assets | $184,922 |
| Average equity | $24,266 |
| Average loans | $167,583 |
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