First Neighborhood Bank in city_name, state_name - Detailed Financial Reports, Location

First Neighborhood Bank in Spencer, West Virginia (WV)
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First Neighborhood Bank routing number info

First Neighborhood Bank - Overview

General
FDIC Certificate #: 6800
Status: Active
Federal Reserve ID: 911339
Bank Holding Company (Regulatory Top Holder): West-Central Bancorp, Inc. (RSSDID: 1076169, Location: Spencer, WV)
Date Established: Febuary 08, 1912
WWW: http://www.firstneighborhoodbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 15891
FDIC's unique #: 4572
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: November 01, 2006
Last Structure Change Process Date: November 15, 2006
Last Data Update: November 15, 2006
Data Source Date: April 05, 2012
Location
Address: 216 Market Street, Spencer, WV 25276
County: Roane
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
Name Change
Change in Primary Regulatory Agency
Change in Supervisory Agency
Financial Summary
Total assets: $140.0 mil
Equity capital: $12.7 mil
Deposits held in domestic offices: $125.9 mil
Return on assets (ROA): 0.47% ($0.7 mil)
Quarterly return on assets: 0.52% ($0.7 mil)
Return on Equity (ROE): 5.31% ($0.7 mil)
Quarterly return on equity: 5.78% ($0.8 mil)
Net income: $0.7 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.65% ($909.8 mil)
Quarterly Pretax return on assets: 0.71% ($993.8 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
39Total employees (full-time equivalent)
$139,967Total assets
$5,469Cash and due from depository institutions
$130Interest-bearing balances
$33,090Securities
$8,975Federal funds sold & reverse repurchase agreements
$83,964Net loans & leases
$844Loan loss allowance
$0Trading account assets
$3,307Bank premises and fixed assets
$653Other real estate owned
$0Goodwill and other intangibles
$139,967Life insurance assets
$4,509All other assets
$127,265Total liabilities and capital
$125,933Total liabilities
$98,327Total deposits
$125,933Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$17Trading liabilities
$0Other borrowed funds
$1,315Subordinated debt
$12,702All other liabilities
$12,702Total equity capital
$12,702Total bank equity capital
$0Perpetual preferred stock
$546Common stock
$1,500Surplus
$10,656Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$534Income earned, not collected on loans
$19Earning assets
$413Long-term assets (5+ years)
$126,159Average Assets, year-to-date
$57,761Average Assets, quarterly
$140,047Volatile liabilities
$140,421Insider loans
$80,544FHLB advances
$139,228Loans and leases held for sale
$2,927Unused loan commitments
$1,345Tier 1 (core) risk-based capital
$12,513Tier 2 risk-based capital
$0Total risk weighted assets
$1,582Total unused commitments
$12,205Restructured Loans and leases
$3,022Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,809Total interest income
$1,195Total interest expense
$4,614Net interest income
$180Provision for loan and lease losses
$667Total noninterest income
$0Fiduciary activities
$456Service charges on deposit accounts
$0Trading account gains & fees
$211Additional noninterest income
$4,342Total noninterest expense
$1,998Salaries and employee benefits
$568Premises and equipment expense
$1,776Additional noninterest expense
$759Pre-tax net operating income
$146Securities gains (losses)
$250Applicable income taxes
$655Income before extraordinary items
$0Extraordinary gains - net
$655Net income attributable to bank
$0Net charge-offs
$655Cash dividends
$172Sale, conversion, retirement of capital stock, net
$149Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.62%Yield on earning assets
0.95%Cost of funding earning assets
3.67%Net interest margin
0.53%Noninterest income to earning assets
3.45%Noninterest expense to earning assets
0.39%Net operating income to assets
0.47%Return on assets (ROA)
0.65%Pretax return on assets
5.31%Return on equity (ROE)
4.11%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
104.65%Credit loss provision to net charge-offs
5.46%Efficiency ratio
82,219Assets per employee
3.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
22.75%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
158.05%Noncurrent assets plus other real estate owned to assets
0.85%Noncurrent loans to loans
0.63%Net loans and leases to deposits
66.67%Net loans and leases to core deposits
68.52%Equity capital to assets
9.07%Core capital (leverage) ratio
8.99%Tier 1 risk-based capital ratio
15.54%Total risk-based capital ratio
Memoranda
$17Average assets
$140,047Average earning assets
$12,324Average equity
$125,865Average loans

List of branches

4 West Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	4572	First Neighborhood Bank	216 Market Street, Spencer, WV 25276	Febuary 08, 1912	Full Service Brick and Mortar
1	212207	Drive-In Branch	334 Main Street, Spencer, WV 25276	September 04, 1975	Full Service Brick and Mortar
2	212208	Parkersburg Branch	4416 Emerson Avenue, Parkersburg, WV 26104	June 11, 1998	Full Service Brick and Mortar
3	444026	South Parkersburg Office Branch	500 Division Street, Parkersburg, WV 26103	January 03, 2005	Full Service Brick and Mortar

First Neighborhood Bank in Spencer, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Neighborhood Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Neighborhood Bank in Spencer, West Virginia (WV)Overview, Financial Summary, Detailed Financial Reports, Branches

First Neighborhood Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Neighborhood Bank in Spencer, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches