Huntington Federal Savings Bank in Huntington, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Huntington Federal Savings Bank in Huntington, West Virginia (WV)
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Huntington Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 27884
    Status: Active
    Federal Reserve ID: 609476
    Date Established: January 01, 1929
    WWW: http://www.huntingtonfederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 470
    FDIC's unique #: 40718
    Numeric code: 34
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: November 10, 1934
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1049 5th Avenue, Huntington, WV 25701
    County: Cabell
    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
    Metropolitan Statistical Area (MSA): Huntington-Ashland, WV-KY-OH (#3400)
    Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580)
    CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $520.5 mil
    Equity capital: $64.7 mil
    Deposits held in domestic offices: $453.5 mil
    Return on assets (ROA): 0.24% ($1.2 mil)
    Quarterly return on assets: 0.49% ($2.5 mil)
    Return on Equity (ROE): 1.92% ($1.2 mil)
    Quarterly return on equity: 3.94% ($2.6 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.44% ($2,290.2 mil)
    Quarterly Pretax return on assets: 0.98% ($5,100.8 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
  • 93Total employees (full-time equivalent)
  • $520,489Total assets
  • $35,691Cash and due from depository institutions
  • $18,371Interest-bearing balances
  • $252,042Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $216,792Net loans & leases
  • $2,972Loan loss allowance
  • $0Trading account assets
  • $3,008Bank premises and fixed assets
  • $5,806Other real estate owned
  • $0Goodwill and other intangibles
  • $520,489Life insurance assets
  • $7,150All other assets
  • $455,748Total liabilities and capital
  • $453,499Total liabilities
  • $448,072Total deposits
  • $453,499Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $105Trading liabilities
  • $0Other borrowed funds
  • $2,144Subordinated debt
  • $64,741All other liabilities
  • $64,741Total equity capital
  • $64,741Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $64,741Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,884Income earned, not collected on loans
  • $0Earning assets
  • $1,393Long-term assets (5+ years)
  • $487,205Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $505,251Volatile liabilities
  • $517,013Insider loans
  • $191,968FHLB advances
  • $520,289Loans and leases held for sale
  • $56Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $66,316Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,100Restructured Loans and leases
  • $229Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $21,937Total interest income
  • $7,601Total interest expense
  • $14,336Net interest income
  • $3,050Provision for loan and lease losses
  • -$955Total noninterest income
  • $0Fiduciary activities
  • $180Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,135Additional noninterest income
  • $8,116Total noninterest expense
  • $4,740Salaries and employee benefits
  • $1,175Premises and equipment expense
  • $2,201Additional noninterest expense
  • $2,215Pre-tax net operating income
  • $0Securities gains (losses)
  • $981Applicable income taxes
  • $1,234Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,234Net income attributable to bank
  • $0Net charge-offs
  • $1,234Cash dividends
  • $1,524Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.65%Yield on earning assets
  • 1.61%Cost of funding earning assets
  • 3.04%Net interest margin
  • -0.20%Noninterest income to earning assets
  • 1.72%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 1.92%Return on equity (ROE)
  • 1.92%Retained earnings to average equity (YTD only)
  • 0.68%Net charge-offs to loans
  • 200.13%Credit loss provision to net charge-offs
  • 3.45%Efficiency ratio
  • 60,653Assets per employee
  • 5.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 50.51%Noncurrent assets plus other real estate owned to assets
  • 2.25%Noncurrent loans to loans
  • 2.68%Net loans and leases to deposits
  • 47.80%Net loans and leases to core deposits
  • 49.29%Equity capital to assets
  • 12.44%Core capital (leverage) ratio
  • 12.75%Tier 1 risk-based capital ratio
  • 34.55%Total risk-based capital ratio
  • Memoranda
  • $36Average assets
  • $505,251Average earning assets
  • $64,137Average equity
  • $472,131Average loans

List of branches

  • 5 West Virginia Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    040718Huntington Federal Savings Bank1049 5th Avenue, Huntington, WV 25701January 01, 1929Full Service Brick and Mortar
    1263959Putnam Village Shop Cntr Branch5 Putnam Village Drive, Teays, WV 25569January 01, 1929Full Service Brick and Mortar
    2263960East Hills Mall Branch5175 Us Route 60 East, Huntington, WV 25705January 01, 1929Full Service Brick and Mortar
    100263961Westmoreland Branch500 Camden Road, Huntington, WV 25704January 01, 1929Full Service Brick and Mortar
    101263962Huntington Mall Branch380 Huntington Mall, Barboursville, WV 25504January 01, 1929Full Service Brick and Mortar

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