Bank of Chapmanville in Chapmanville, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 07, 1996

Bank of Chapmanville in Chapmanville, West Virginia (WV)
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Bank of Chapmanville - Overview

General
FDIC Certificate #: 23457
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Logan Bank & Trust Company (#19285)
Federal Reserve ID: 888721
Date Established: June 15, 1981
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 16440
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: June 15, 1981
Last Structure Change Effective Date: October 07, 1996
Last Structure Change Process Date: October 31, 1996
Last Data Update: October 31, 1996
Data Source Date: April 05, 2012
Location
Address: Railroad Avenue And Sixth Street, Chapmanville, WV 25508
County: Logan
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
Financial Summary
Total assets: $36.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$15Total assets
$34,038Cash and due from depository institutions
$1,443Interest-bearing balances
$0Securities
$3,966Federal funds sold & reverse repurchase agreements
$2,510Net loans & leases
$25,417Loan loss allowance
$225Trading account assets
$0Bank premises and fixed assets
$412Other real estate owned
$14Goodwill and other intangibles
$276Life insurance assets
$0All other assets
$0Total liabilities and capital
$34,038Total liabilities
$30,389Total deposits
$30,287Interest-bearing deposits
$26,695Deposits held in domestic offices
30287.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$102Total equity capital
$102Total bank equity capital
$3,649Perpetual preferred stock
$0Common stock
$600Surplus
$600Undivided profits
Memoranda
$2,449Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$945Income earned, not collected on loans
$100Earning assets
$31,893Long-term assets (5+ years)
$9,669Average Assets, year-to-date
$32,826Average Assets, quarterly
$33,473Volatile liabilities
$2,644Insider loans
$375FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,012Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,672Total risk weighted assets
$20,816Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,437Total interest expense
$1,008Net interest income
$1,429Provision for loan and lease losses
$4Total noninterest income
$211Fiduciary activities
$0Service charges on deposit accounts
$164Trading account gains & fees
$0Additional noninterest income
$47Total noninterest expense
$907Salaries and employee benefits
$464Premises and equipment expense
$90Additional noninterest expense
$353Pre-tax net operating income
$729Securities gains (losses)
$0Applicable income taxes
$282Income before extraordinary items
$447Extraordinary gains - net
$0Net income attributable to bank
$447Net charge-offs
$4Cash dividends
$193Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.90%Cost of funding earning assets
3.27%Net interest margin
4.63%Noninterest income to earning assets
0.68%Noninterest expense to earning assets
2.94%Net operating income to assets
1.36%Return on assets (ROA)
1.36%Pretax return on assets
2.22%Return on equity (ROE)
12.68%Retained earnings to average equity (YTD only)
7.21%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
100.00%Efficiency ratio
55,305Assets per employee
2.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
43.18%Loss allowance to loans
0.88%Loss allowance to noncurrent loans
23.81%Noncurrent assets plus other real estate owned to assets
2.82%Noncurrent loans to loans
3.69%Net loans and leases to deposits
83.92%Net loans and leases to core deposits
91.95%Equity capital to assets
10.72%Core capital (leverage) ratio
10.87%Tier 1 risk-based capital ratio
17.64%Total risk-based capital ratio
Memoranda
$19Average assets
$32,826Average earning assets
$3,525Average equity
$30,844Average loans

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