Clay County Bank, Inc. in Clay, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Clay County Bank, Inc. in Clay, West Virginia (WV)
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Clay County Bank, Inc. routing number info

Clay County Bank, Inc. - Overview

  • General
  • FDIC Certificate #: 2444
    Status: Active
    Federal Reserve ID: 832528
    Bank Holding Company (Regulatory Top Holder): First Clay County Banc Corporation (RSSDID: 1427211, Location: Clay, WV)
    Date Established: June 04, 1902
    WWW: http://www.claycountybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 1599
    Numeric code: 21
    Regulator: FDIC
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 28, 2010
    Last Structure Change Process Date: May 28, 2010
    Last Data Update: May 28, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 150 Main Street, Clay, WV 25043
    County: Clay
    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)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $77.8 mil
    Equity capital: $10.1 mil
    Deposits held in domestic offices: $67.0 mil
    Return on assets (ROA): 1.22% ($1.0 mil)
    Quarterly return on assets: 1.14% ($0.9 mil)
    Return on Equity (ROE): 9.33% ($0.9 mil)
    Quarterly return on equity: 8.62% ($0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.73% ($1,346.0 mil)
    Quarterly Pretax return on assets: 1.43% ($1,112.6 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
  • 24Total employees (full-time equivalent)
  • $77,805Total assets
  • $9,741Cash and due from depository institutions
  • $8,051Interest-bearing balances
  • $19,109Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $47,046Net loans & leases
  • $1,012Loan loss allowance
  • $0Trading account assets
  • $1,417Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $77,805Life insurance assets
  • $492All other assets
  • $67,667Total liabilities and capital
  • $67,031Total liabilities
  • $56,296Total deposits
  • $67,031Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $636Subordinated debt
  • $10,138All other liabilities
  • $10,138Total equity capital
  • $10,138Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $1,000Surplus
  • $8,638Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $368Income earned, not collected on loans
  • $0Earning assets
  • $292Long-term assets (5+ years)
  • $74,206Average Assets, year-to-date
  • $37,274Average Assets, quarterly
  • $75,008Volatile liabilities
  • $76,998Insider loans
  • $35,744FHLB advances
  • $77,538Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,630Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $561Restructured Loans and leases
  • $260Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,939Total interest income
  • $905Total interest expense
  • $3,034Net interest income
  • $15Provision for loan and lease losses
  • $639Total noninterest income
  • $0Fiduciary activities
  • $418Service charges on deposit accounts
  • $0Trading account gains & fees
  • $221Additional noninterest income
  • $2,359Total noninterest expense
  • $1,169Salaries and employee benefits
  • $240Premises and equipment expense
  • $950Additional noninterest expense
  • $1,299Pre-tax net operating income
  • $0Securities gains (losses)
  • $386Applicable income taxes
  • $913Income before extraordinary items
  • $0Extraordinary gains - net
  • $913Net income attributable to bank
  • $0Net charge-offs
  • $913Cash dividends
  • $7Sale, conversion, retirement of capital stock, net
  • $319Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.53%Yield on earning assets
  • 1.27%Cost of funding earning assets
  • 4.26%Net interest margin
  • 0.90%Noninterest income to earning assets
  • 3.31%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.73%Pretax return on assets
  • 9.33%Return on equity (ROE)
  • 6.07%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 214.29%Credit loss provision to net charge-offs
  • 187.71%Efficiency ratio
  • 64,225Assets per employee
  • 3.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 34.94%Loss allowance to loans
  • 2.11%Loss allowance to noncurrent loans
  • 275.00%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.77%Net loans and leases to deposits
  • 70.19%Net loans and leases to core deposits
  • 72.53%Equity capital to assets
  • 13.03%Core capital (leverage) ratio
  • 12.42%Tier 1 risk-based capital ratio
  • 26.94%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $75,008Average earning assets
  • $9,788Average equity
  • $71,293Average loans

List of branches

  • 2 West Virginia Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    01599Clay County Bank, Inc.150 Main Street, Clay, WV 25043June 04, 1902Full Service Brick and Mortar
    1192663Clay BranchState Routes 4 And 16, Clay, WV 25043December 13, 1986Limited Service Facility

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