Bank One, West Virginia, Beckley, National Association in Beckley, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 30, 1994

  • Bank One, West Virginia, Beckley, National Association in Beckley, West Virginia (WV)
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Bank One, West Virginia, Beckley, National Association - Overview

  • General
  • FDIC Certificate #: 25078
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank One, West Virginia, National Association (#6768)
    Federal Reserve ID: 566823
    Date Established: March 01, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    FDIC's unique #: 17358
    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: March 01, 1984
    Last Structure Change Effective Date: September 30, 1994
    Last Structure Change Process Date: October 13, 1994
    Last Data Update: October 13, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 Neville 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: $378.1 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $173Total assets
  • $389,185Cash and due from depository institutions
  • $11,203Interest-bearing balances
  • $0Securities
  • $171,977Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $181,683Loan loss allowance
  • $3,019Trading account assets
  • $0Bank premises and fixed assets
  • $8,120Other real estate owned
  • $32Goodwill and other intangibles
  • $5,035Life insurance assets
  • $11,135All other assets
  • $0Total liabilities and capital
  • $389,185Total liabilities
  • $344,990Total deposits
  • $296,162Interest-bearing deposits
  • $260,912Deposits held in domestic offices
  • 296162.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $43,566Trading liabilities
  • $0Other borrowed funds
  • $3,297Subordinated debt
  • $0All other liabilities
  • $1,965Total equity capital
  • $1,965Total bank equity capital
  • $44,195Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $39,615Undivided profits
  • Memoranda
  • $4,080Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,472Income earned, not collected on loans
  • $832Earning assets
  • $353,660Long-term assets (5+ years)
  • $92,047Average Assets, year-to-date
  • $370,516Average Assets, quarterly
  • $381,048Volatile liabilities
  • $61,456Insider loans
  • $4,956FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $31,591Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $33,060Total risk weighted assets
  • $210,291Total unused commitments
  • $0Restructured Loans and leases
  • $52,200Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $25,929Total interest expense
  • $9,198Net interest income
  • $16,731Provision for loan and lease losses
  • $0Total noninterest income
  • $1,672Fiduciary activities
  • $76Service charges on deposit accounts
  • $1,051Trading account gains & fees
  • $0Additional noninterest income
  • $545Total noninterest expense
  • $11,204Salaries and employee benefits
  • $4,786Premises and equipment expense
  • $1,433Additional noninterest expense
  • $4,985Pre-tax net operating income
  • $7,199Securities gains (losses)
  • $199Applicable income taxes
  • $2,774Income before extraordinary items
  • $4,624Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,624Net charge-offs
  • $671Cash dividends
  • $2,929Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.78%Cost of funding earning assets
  • 2.76%Net interest margin
  • 5.02%Noninterest income to earning assets
  • 0.50%Noninterest expense to earning assets
  • 3.36%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.25%Pretax return on assets
  • 2.00%Return on equity (ROE)
  • 10.62%Retained earnings to average equity (YTD only)
  • 3.89%Net charge-offs to loans
  • 0.41%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 55,860Assets per employee
  • 2.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 63.34%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 122.13%Noncurrent assets plus other real estate owned to assets
  • 0.64%Noncurrent loans to loans
  • 1.34%Net loans and leases to deposits
  • 61.35%Net loans and leases to core deposits
  • 64.53%Equity capital to assets
  • 11.36%Core capital (leverage) ratio
  • 9.13%Tier 1 risk-based capital ratio
  • 15.72%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $370,516Average earning assets
  • $43,548Average equity
  • $333,243Average loans

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