Davis Trust Company in city_name, state_name - Detailed Financial Reports, Location

Davis Trust Company in Elkins, West Virginia (WV)
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Davis Trust Company routing number info

Davis Trust Company - Overview

General
FDIC Certificate #: 2453
Status: Active
Federal Reserve ID: 357526
Bank Holding Company (Regulatory Top Holder): Davis Trust Financial Corporation (RSSDID: 2878294, Location: Elkins, WV)
Date Established: June 17, 1901
WWW: http://www.davistrust.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 1608
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: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: Davis Avenue And Third Street, Elkins, WV 26241
County: Randolph
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $142.0 mil
Equity capital: $17.4 mil
Deposits held in domestic offices: $123.4 mil
Return on assets (ROA): 0.09% ($0.1 mil)
Quarterly return on assets: -0.96% (-$1.4 mil)
Return on Equity (ROE): 0.76% ($0.1 mil)
Quarterly return on equity: -7.72% (-$1.3 mil)
Net income: $0.1 mil
Quarterly Net income: -$0.3 mil
Pretax return on assets: 0.05% ($71.0 mil)
Quarterly Pretax return on assets: -1.55% (-$2,200.7 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
53Total employees (full-time equivalent)
$141,978Total assets
$24,985Cash and due from depository institutions
$12,928Interest-bearing balances
$4,688Securities
$603Federal funds sold & reverse repurchase agreements
$90,560Net loans & leases
$2,422Loan loss allowance
$0Trading account assets
$6,298Bank premises and fixed assets
$3,059Other real estate owned
$0Goodwill and other intangibles
$141,979Life insurance assets
$11,785All other assets
$124,627Total liabilities and capital
$123,416Total liabilities
$84,540Total deposits
$123,416Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,211Subordinated debt
$17,352All other liabilities
$17,352Total equity capital
$17,352Total bank equity capital
$0Perpetual preferred stock
$8,000Common stock
$8,000Surplus
$1,352Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6,036Income earned, not collected on loans
$0Earning assets
$357Long-term assets (5+ years)
$108,779Average Assets, year-to-date
$19,258Average Assets, quarterly
$141,116Volatile liabilities
$140,718Insider loans
$136,464FHLB advances
$139,858Loans and leases held for sale
$5,261Unused loan commitments
$5,261Tier 1 (core) risk-based capital
$18,888Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$11,101Restructured Loans and leases
$2,956Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,508Total interest income
$860Total interest expense
$4,648Net interest income
$785Provision for loan and lease losses
$1,194Total noninterest income
$59Fiduciary activities
$526Service charges on deposit accounts
$0Trading account gains & fees
$609Additional noninterest income
$4,979Total noninterest expense
$2,521Salaries and employee benefits
$492Premises and equipment expense
$1,966Additional noninterest expense
$78Pre-tax net operating income
-$4Securities gains (losses)
-$60Applicable income taxes
$134Income before extraordinary items
$0Extraordinary gains - net
$134Net income attributable to bank
$0Net charge-offs
$134Cash dividends
$220Sale, conversion, retirement of capital stock, net
$540Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.07%Yield on earning assets
0.79%Cost of funding earning assets
4.27%Net interest margin
1.10%Noninterest income to earning assets
4.58%Noninterest expense to earning assets
0.10%Net operating income to assets
0.09%Return on assets (ROA)
0.05%Pretax return on assets
0.76%Return on equity (ROE)
-2.30%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
356.82%Credit loss provision to net charge-offs
3.92%Efficiency ratio
85,228Assets per employee
2.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
402.99%Loss allowance to loans
2.60%Loss allowance to noncurrent loans
40.13%Noncurrent assets plus other real estate owned to assets
6.41%Noncurrent loans to loans
6.49%Net loans and leases to deposits
73.38%Net loans and leases to core deposits
77.13%Equity capital to assets
12.22%Core capital (leverage) ratio
13.51%Tier 1 risk-based capital ratio
13.84%Total risk-based capital ratio
Memoranda
$15Average assets
$141,116Average earning assets
$17,653Average equity
$108,731Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$16,110Managed Assets
1Number of Accounts
$13,568Personal trust and agency accounts
$13,421Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$147Non-managed Assets
62Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$2,542Other retirement accounts
$2,542Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

2 West Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	1608	Davis Trust Company	Davis Avenue And Third Street, Elkins, WV 26241	June 17, 1901	Full Service Brick and Mortar
1	486578	South Branch	950 Beverly Pike, Elkins, WV 26241	July 21, 2008	Full Service Brick and Mortar

Davis Trust Company in Elkins, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

Davis Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Davis Trust Company in Elkins, West Virginia (WV)Overview, Financial Summary, Detailed Financial Reports, Branches

Davis Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Davis Trust Company in Elkins, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches