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

This bank is inactive as of September 30, 1994

Bank One, West Virginia, Lincoln, National Association in Hamlin, West Virginia (WV)
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Bank One, West Virginia, Lincoln, National Association - Overview

General
FDIC Certificate #: 6765
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank One, West Virginia, National Association (#6768)
Federal Reserve ID: 378428
Date Established: June 06, 1906
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 #: 4543
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: Lynn Avenue And Walnut Street, Hamlin, WV 25523
County: Lincoln
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
Core Based Statistical Area (CBSA): Charleston, WV (#16620)
CBSA Metro Statistical Area: Charleston, WV (#16620)
Financial Summary
Total assets: $71.5 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)
$30Total assets
$69,364Cash and due from depository institutions
$2,628Interest-bearing balances
$0Securities
$40,488Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$24,522Loan loss allowance
$186Trading account assets
$0Bank premises and fixed assets
$869Other real estate owned
$0Goodwill and other intangibles
$857Life insurance assets
$0All other assets
$0Total liabilities and capital
$69,364Total liabilities
$61,907Total deposits
$60,154Interest-bearing deposits
$49,936Deposits held in domestic offices
60154.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$1,000Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$753Total equity capital
$753Total bank equity capital
$7,457Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,000Undivided profits
Memoranda
$5,457Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$298Income earned, not collected on loans
$190Earning assets
$65,010Long-term assets (5+ years)
$16,405Average Assets, year-to-date
$67,961Average Assets, quarterly
$68,972Volatile liabilities
$3,250Insider loans
$2,396FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,203Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,457Total risk weighted assets
$32,452Total unused commitments
$0Restructured Loans and leases
$13,800Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$4,893Total interest expense
$1,658Net interest income
$3,235Provision for loan and lease losses
$50Total noninterest income
$234Fiduciary activities
$0Service charges on deposit accounts
$144Trading account gains & fees
$0Additional noninterest income
$90Total noninterest expense
$1,781Salaries and employee benefits
$908Premises and equipment expense
$162Additional noninterest expense
$711Pre-tax net operating income
$1,638Securities gains (losses)
$2Applicable income taxes
$530Income before extraordinary items
$1,110Extraordinary gains - net
$0Net income attributable to bank
$1,110Net charge-offs
$107Cash dividends
$762Sale, 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
7.63%Cost of funding earning assets
2.59%Net interest margin
5.05%Noninterest income to earning assets
0.37%Noninterest expense to earning assets
2.78%Net operating income to assets
1.63%Return on assets (ROA)
1.63%Pretax return on assets
2.41%Return on equity (ROE)
15.14%Retained earnings to average equity (YTD only)
4.75%Net charge-offs to loans
0.47%Credit loss provision to net charge-offs
46.73%Efficiency ratio
51,340Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.65%Loss allowance to loans
0.75%Loss allowance to noncurrent loans
62.42%Noncurrent assets plus other real estate owned to assets
0.43%Noncurrent loans to loans
1.21%Net loans and leases to deposits
40.77%Net loans and leases to core deposits
42.35%Equity capital to assets
10.75%Core capital (leverage) ratio
10.95%Tier 1 risk-based capital ratio
22.98%Total risk-based capital ratio
Memoranda
$24Average assets
$67,961Average earning assets
$7,333Average equity
$64,095Average loans

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