BCBank, Inc. in city_name, state_name - Detailed Financial Reports, Location

BCBank, Inc. in Philippi, West Virginia (WV)
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BCBank, Inc. routing number info

BCBank, Inc. - Overview

General
FDIC Certificate #: 20215
Status: Active
Federal Reserve ID: 829032
Bank Holding Company (Regulatory Top Holder): Appalachian Financial Corporation (RSSDID: 1141115, Location: Philippi, WV)
Date Established: June 27, 1970
WWW: http://www.bcbankinc.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 13897
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: June 29, 1970
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 107 Pike Street, Philippi, WV 26416
County: Barbour
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $112.5 mil
Equity capital: $10.5 mil
Deposits held in domestic offices: $100.3 mil
Return on assets (ROA): 0.18% ($0.2 mil)
Quarterly return on assets: -0.15% (-$0.2 mil)
Return on Equity (ROE): 1.85% ($0.2 mil)
Quarterly return on equity: -1.60% (-$0.2 mil)
Net income: $0.2 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.24% ($270.1 mil)
Quarterly Pretax return on assets: -0.13% (-$146.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
34Total employees (full-time equivalent)
$112,545Total assets
$6,503Cash and due from depository institutions
$5,336Interest-bearing balances
$31,211Securities
$0Federal funds sold & reverse repurchase agreements
$60,752Net loans & leases
$1,049Loan loss allowance
$0Trading account assets
$5,816Bank premises and fixed assets
$2,556Other real estate owned
$0Goodwill and other intangibles
$112,545Life insurance assets
$5,707All other assets
$102,010Total liabilities and capital
$100,310Total liabilities
$86,789Total deposits
$100,310Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,700Subordinated debt
$10,535All other liabilities
$10,535Total equity capital
$10,535Total bank equity capital
$0Perpetual preferred stock
$320Common stock
$1,000Surplus
$9,215Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,724Income earned, not collected on loans
$0Earning assets
$317Long-term assets (5+ years)
$97,299Average Assets, year-to-date
$51,019Average Assets, quarterly
$112,189Volatile liabilities
$112,837Insider loans
$77,625FHLB advances
$112,788Loans and leases held for sale
$2,710Unused loan commitments
$2,710Tier 1 (core) risk-based capital
$10,713Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,555Restructured Loans and leases
$1,227Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,494Total interest income
$831Total interest expense
$3,663Net interest income
$320Provision for loan and lease losses
$497Total noninterest income
$0Fiduciary activities
$196Service charges on deposit accounts
$0Trading account gains & fees
$301Additional noninterest income
$3,574Total noninterest expense
$1,607Salaries and employee benefits
$727Premises and equipment expense
$1,240Additional noninterest expense
$266Pre-tax net operating income
$0Securities gains (losses)
$69Applicable income taxes
$197Income before extraordinary items
$0Extraordinary gains - net
$197Net income attributable to bank
$0Net charge-offs
$197Cash dividends
$791Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.64%Yield on earning assets
0.86%Cost of funding earning assets
3.78%Net interest margin
0.51%Noninterest income to earning assets
3.69%Noninterest expense to earning assets
0.18%Net operating income to assets
0.18%Return on assets (ROA)
0.24%Pretax return on assets
1.85%Return on equity (ROE)
1.85%Retained earnings to average equity (YTD only)
1.25%Net charge-offs to loans
40.46%Credit loss provision to net charge-offs
0.74%Efficiency ratio
85,913Assets per employee
3.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
38.51%Noncurrent assets plus other real estate owned to assets
4.69%Noncurrent loans to loans
4.41%Net loans and leases to deposits
60.56%Net loans and leases to core deposits
61.62%Equity capital to assets
9.36%Core capital (leverage) ratio
9.50%Tier 1 risk-based capital ratio
13.80%Total risk-based capital ratio
Memoranda
$15Average assets
$112,189Average earning assets
$10,671Average equity
$96,895Average loans

Total Fiduciary and Related Assets (December 31, 2001)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$559Managed Assets
1Number of Accounts
$559Personal trust and agency accounts
$559Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
16Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

3 West Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	13897	Bcbank, Inc.	107 Pike Street, Philippi, WV 26416	June 27, 1970	Full Service Brick and Mortar
1	419390	Nutter Fort Office	1105 Buckhannon Pike, Nutter Fort, WV 26301	September 10, 2002	Full Service Brick and Mortar
2	467462	Fairmont Branch	936 East Park Avenue, Fairmont, WV 26554	August 06, 2007	Full Service Brick and Mortar

BCBank, Inc. in Philippi, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

BCBank, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2001)

List of branches

Comment about this bank, ask questions, or add new information about it:

BCBank, Inc. in Philippi, West Virginia (WV)Overview, Financial Summary, Detailed Financial Reports, Branches

BCBank, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2001)

List of branches

Comment about this bank, ask questions, or add new information about it:

BCBank, Inc. in Philippi, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches