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

This bank is inactive as of September 30, 1994

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

  • General
  • FDIC Certificate #: 6758
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank One, West Virginia, National Association (#6768)
    Federal Reserve ID: 1016222
    Date Established: April 05, 1905
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 4537
    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: 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: Main And Third Streets, Clarksburg, WV 26301
    County: Harrison
    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): Fairmont-Clarksburg, WV (#242)
    Core Based Statistical Area (CBSA): Clarksburg, WV (#17220)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $320.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $154Total assets
  • $316,044Cash and due from depository institutions
  • $11,313Interest-bearing balances
  • $0Securities
  • $158,386Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $135,252Loan loss allowance
  • $1,416Trading account assets
  • $0Bank premises and fixed assets
  • $7,552Other real estate owned
  • $0Goodwill and other intangibles
  • $3,541Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $316,044Total liabilities
  • $286,741Total deposits
  • $232,731Interest-bearing deposits
  • $203,918Deposits held in domestic offices
  • 232731.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $49,052Trading liabilities
  • $0Other borrowed funds
  • $2,861Subordinated debt
  • $0All other liabilities
  • $2,097Total equity capital
  • $2,097Total bank equity capital
  • $29,303Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $4,500Undivided profits
  • Memoranda
  • $21,803Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $969Income earned, not collected on loans
  • $673Earning assets
  • $293,638Long-term assets (5+ years)
  • $91,497Average Assets, year-to-date
  • $287,470Average Assets, quarterly
  • $304,395Volatile liabilities
  • $65,484Insider loans
  • $447FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $35,657Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $29,303Total risk weighted assets
  • $200,063Total unused commitments
  • $0Restructured Loans and leases
  • $135,800Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $20,423Total interest expense
  • $7,250Net interest income
  • $13,173Provision for loan and lease losses
  • $140Total noninterest income
  • $2,459Fiduciary activities
  • $1,329Service charges on deposit accounts
  • $354Trading account gains & fees
  • $0Additional noninterest income
  • $776Total noninterest expense
  • $8,805Salaries and employee benefits
  • $4,955Premises and equipment expense
  • $751Additional noninterest expense
  • $3,099Pre-tax net operating income
  • $6,687Securities gains (losses)
  • $584Applicable income taxes
  • $1,895Income before extraordinary items
  • $5,376Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,376Net charge-offs
  • $392Cash dividends
  • $3,487Sale, 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
  • 7.65%Cost of funding earning assets
  • 2.71%Net interest margin
  • 4.93%Noninterest income to earning assets
  • 0.92%Noninterest expense to earning assets
  • 3.30%Net operating income to assets
  • 1.72%Return on assets (ROA)
  • 1.87%Pretax return on assets
  • 2.53%Return on equity (ROE)
  • 18.76%Retained earnings to average equity (YTD only)
  • 6.59%Net charge-offs to loans
  • 0.32%Credit loss provision to net charge-offs
  • 35.71%Efficiency ratio
  • 56,327Assets per employee
  • 2.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 64.86%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 146.13%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.71%Net loans and leases to deposits
  • 58.12%Net loans and leases to core deposits
  • 61.71%Equity capital to assets
  • 9.27%Core capital (leverage) ratio
  • 9.74%Tier 1 risk-based capital ratio
  • 14.65%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $287,470Average earning assets
  • $28,663Average equity
  • $267,046Average loans

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