First Century Bank, Inc. in city_name, state_name - Detailed Financial Reports, Location

First Century Bank, Inc. in Bluefield, West Virginia (WV), VA
Show street view No street view available for this location

First Century Bank, Inc. routing number info

First Century Bank, Inc. - Overview

General
FDIC Certificate #: 6750
Status: Active
Federal Reserve ID: 569422
Bank Holding Company (Regulatory Top Holder): First Century Bankshares, Inc. (RSSDID: 1076365, Location: Bluefield, WV)
Date Established: October 09, 1891
WWW: http://www.firstcentury.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 12 (Domestic: 12, Interstate: Yes)
OTS Docket #: 10126
FDIC's unique #: 4530
Numeric code: 13
Regulator: FED
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: January 21, 2012
Last Structure Change Process Date: January 26, 2012
Last Data Update: January 26, 2012
Data Source Date: April 05, 2012
Location
Address: 500 Federal Street, Bluefield, WV 24701
County: Mercer
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): Bluefield, WV-VA (#14140)
CBSA Micro Statistical Area: Yes
History of Changes
Name Change
Change in Primary Regulatory Agency
Change in Supervisory Agency
Financial Summary
Total assets: $417.5 mil
Equity capital: $39.6 mil
Deposits held in domestic offices: $353.1 mil
Return on assets (ROA): 0.56% ($2.3 mil)
Quarterly return on assets: 0.80% ($3.3 mil)
Return on Equity (ROE): 5.88% ($2.4 mil)
Quarterly return on equity: 8.43% ($3.4 mil)
Net income: $2.3 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 0.78% ($3,256.3 mil)
Quarterly Pretax return on assets: 1.17% ($4,884.4 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
146Total employees (full-time equivalent)
$417,474Total assets
$45,742Cash and due from depository institutions
$34,840Interest-bearing balances
$93,698Securities
$10,000Federal funds sold & reverse repurchase agreements
$243,462Net loans & leases
$4,905Loan loss allowance
$0Trading account assets
$12,503Bank premises and fixed assets
$1,179Other real estate owned
$5,183Goodwill and other intangibles
$417,474Life insurance assets
$5,707All other assets
$377,869Total liabilities and capital
$353,136Total liabilities
$295,246Total deposits
$353,136Interest-bearing deposits
$97Deposits held in domestic offices
20097.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$4,636Subordinated debt
$39,605All other liabilities
$39,605Total equity capital
$39,605Total bank equity capital
$0Perpetual preferred stock
$4,500Common stock
$8,250Surplus
$26,855Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$14,658Income earned, not collected on loans
$0Earning assets
$832Long-term assets (5+ years)
$382,000Average Assets, year-to-date
$116,131Average Assets, quarterly
$415,242Volatile liabilities
$416,669Insider loans
$255,705FHLB advances
$415,567Loans and leases held for sale
$796Unused loan commitments
$796Tier 1 (core) risk-based capital
$38,347Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$36,554Restructured Loans and leases
$19,637Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$15,896Total interest income
$2,418Total interest expense
$13,478Net interest income
$3,241Provision for loan and lease losses
$6,159Total noninterest income
$1,796Fiduciary activities
$1,849Service charges on deposit accounts
$0Trading account gains & fees
$2,514Additional noninterest income
$13,784Total noninterest expense
$6,256Salaries and employee benefits
$2,324Premises and equipment expense
$5,204Additional noninterest expense
$2,612Pre-tax net operating income
$634Securities gains (losses)
$932Applicable income taxes
$2,314Income before extraordinary items
$0Extraordinary gains - net
$2,314Net income attributable to bank
$0Net charge-offs
$2,314Cash dividends
$4,211Sale, conversion, retirement of capital stock, net
$700Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.19%Yield on earning assets
0.64%Cost of funding earning assets
3.56%Net interest margin
1.63%Noninterest income to earning assets
3.64%Noninterest expense to earning assets
0.45%Net operating income to assets
0.56%Return on assets (ROA)
0.78%Pretax return on assets
5.88%Return on equity (ROE)
4.10%Retained earnings to average equity (YTD only)
1.64%Net charge-offs to loans
76.97%Credit loss provision to net charge-offs
1.39%Efficiency ratio
70,194Assets per employee
2.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
30.25%Loss allowance to loans
1.97%Loss allowance to noncurrent loans
33.46%Noncurrent assets plus other real estate owned to assets
3.79%Noncurrent loans to loans
5.90%Net loans and leases to deposits
68.94%Net loans and leases to core deposits
73.39%Equity capital to assets
9.49%Core capital (leverage) ratio
9.23%Tier 1 risk-based capital ratio
15.00%Total risk-based capital ratio
Memoranda
$16Average assets
$415,242Average earning assets
$39,356Average equity
$378,964Average 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
$281,992Managed Assets
1Number of Accounts
$204,041Personal trust and agency accounts
$97,932Employee benefit-defined contribution accounts
$9,757Employee benefit-defined benefit accounts
$7,014Other retirement accounts
$16,655Corporate trust and agency accounts
$4,332Investment management agency accounts
$423Other fiduciary accounts
$67,421Fiduciary accounts held in foreign offices
$507Non-managed Assets
565Number of Accounts
$0Personal trust and agency accounts
$16,655Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$77,951Other retirement accounts
$62,010Corporate trust and agency accounts
$6,438Other fiduciary accounts
$6,075Fiduciary accounts held in foreign offices

List of branches

3 Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
7	263661	Virginia Avenue Branch	108 Spruce Street, Bluefield, VA 24605	June 30, 1987	Full Service Brick and Mortar
9	47074	Wytheville Branch	200 Peppers Ferry Road, Wytheville, VA 24382	May 24, 1991	Full Service Brick and Mortar
10	212907	Fort Chiswell Branch	U.S. 52 And State Route 94, Wytheville, VA 24382	April 02, 1963	Full Service Brick and Mortar

9 West Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	4530	First Century Bank, Inc.	500 Federal Street, Bluefield, WV 24701	October 09, 1891	Full Service Brick and Mortar
2	212092	College Avenue Branch	2020 College Avenue, Bluefield, WV 24701	August 12, 1985	Full Service Brick and Mortar
3	212093	Princeton Branch	1215-A Pine Plaza Shopping Center, Princeton, WV 24740	September 17, 1986	Full Service Brick and Mortar
4	14374	Oceana Branch	Main Street And Route 85, Oceana, WV 24870	September 22, 1972	Full Service Brick and Mortar
5	251714	Pineville Branch	State Route 10, Pineville, WV 24874	July 02, 1984	Full Service Brick and Mortar
6	212094	Century Square Drive-Thru Branch	525 Federal Street, Bluefield, WV 24701	April 07, 1997	Limited Service Facility
11	4544	Hinton Main Branch	321 Temple Street, Hinton, WV 25951	January 01, 1887	Full Service Brick and Mortar
12	364760	Springhaven Branch	145 Springhaven Drive, Princeton, WV 24740	July 30, 2001	Full Service Brick and Mortar
13	448008	Harper Road Branch	1826 Harper Road, Beckley, WV 25801	January 17, 2006	Full Service Brick and Mortar

ArronTsui

⚠

What`s number of swift code ,i need to get it. Thank you! (525 Federal Street Bluefield, WV–Bluefield, USA)

Kunle Olukotun

⚠

Please can you confirm to me whether Payowner opened any account with 525 federal Street, WV Bluefield USA branch of first century bank against the name KUNLE OLUKOTUN

jeremy elliott

⚠

Apr 11, 2022 @ 2:14 pm

i need to regain access to my account name is net droider communications. my account number is 4027512850604 My name is jeremy elliott dob 03/02/1992

First Century Bank, Inc. in Bluefield, West Virginia (WV), VA
Overview, Financial Summary, Detailed Financial Reports, Branches

First Century Bank, Inc. - 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:

First Century Bank, Inc. in Bluefield, West Virginia (WV), VAOverview, Financial Summary, Detailed Financial Reports, Branches

First Century Bank, Inc. - 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:

First Century Bank, Inc. in Bluefield, West Virginia (WV), VA
Overview, Financial Summary, Detailed Financial Reports, Branches