Huntington National Bank West Virginia in Charleston, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 1997

  • Huntington National Bank West Virginia in Charleston, West Virginia (WV)
  • Show street view No street view available for this location

Huntington National Bank West Virginia - Overview

  • General
  • FDIC Certificate #: 14289
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Huntington National Bank (#6560)
    Federal Reserve ID: 774431
    Date Established: January 01, 1906
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 47 (Interstate: No)
    OTS Docket #: 11926
    FDIC's unique #: 8926
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 30, 1997
    Last Structure Change Process Date: July 22, 1997
    Last Data Update: July 22, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: One Commerce Square, Charleston, WV 25301
    County: Kanawha
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Scott Depot
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Charleston, WV (#1480)
    Core Based Statistical Area (CBSA): Charleston, WV (#16620)
    CBSA Metro Statistical Area: Charleston, WV (#16620)
  • Financial Summary
  • Total assets: $2,175.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $957Total assets
  • $2,157,293Cash and due from depository institutions
  • $56,739Interest-bearing balances
  • $216Securities
  • $745,600Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $1,282,298Loan loss allowance
  • $15,452Trading account assets
  • $0Bank premises and fixed assets
  • $37,472Other real estate owned
  • $4,647Goodwill and other intangibles
  • $22,257Life insurance assets
  • $8,280All other assets
  • $0Total liabilities and capital
  • $2,157,293Total liabilities
  • $1,987,387Total deposits
  • $1,610,694Interest-bearing deposits
  • $1,418,152Deposits held in domestic offices
  • 1610694.00%% insured (estimated)
  • $86Federal funds purchased & repurchase agreements
  • $350,783Trading liabilities
  • $0Other borrowed funds
  • $693Subordinated debt
  • $0All other liabilities
  • $25,217Total equity capital
  • $25,217Total bank equity capital
  • $169,906Perpetual preferred stock
  • $0Common stock
  • $3,289Surplus
  • $68,300Undivided profits
  • Memoranda
  • $98,317Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,367Income earned, not collected on loans
  • $7,429Earning assets
  • $2,028,114Long-term assets (5+ years)
  • $569,012Average Assets, year-to-date
  • $2,178,862Average Assets, quarterly
  • $2,167,579Volatile liabilities
  • $443,731Insider loans
  • $14,523FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $267,458Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $163,100Total risk weighted assets
  • $1,470,005Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $163,470Total interest expense
  • $74,985Net interest income
  • $88,485Provision for loan and lease losses
  • $7,462Total noninterest income
  • $18,057Fiduciary activities
  • $3,850Service charges on deposit accounts
  • $6,687Trading account gains & fees
  • $0Additional noninterest income
  • $7,520Total noninterest expense
  • $57,930Salaries and employee benefits
  • $26,922Premises and equipment expense
  • $7,231Additional noninterest expense
  • $23,777Pre-tax net operating income
  • $41,150Securities gains (losses)
  • $1,955Applicable income taxes
  • $15,218Income before extraordinary items
  • $27,887Extraordinary gains - net
  • $0Net income attributable to bank
  • $27,887Net charge-offs
  • $10,023Cash dividends
  • $52,576Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.00%Cost of funding earning assets
  • 3.67%Net interest margin
  • 4.33%Noninterest income to earning assets
  • 0.88%Noninterest expense to earning assets
  • 2.84%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.28%Pretax return on assets
  • 1.98%Return on equity (ROE)
  • 15.18%Retained earnings to average equity (YTD only)
  • -13.44%Net charge-offs to loans
  • 0.76%Credit loss provision to net charge-offs
  • 74.45%Efficiency ratio
  • 53,154Assets per employee
  • 2.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 188.53%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 184.68%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 79.61%Net loans and leases to core deposits
  • 84.47%Equity capital to assets
  • 7.88%Core capital (leverage) ratio
  • 7.68%Tier 1 risk-based capital ratio
  • 11.10%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $2,178,862Average earning assets
  • $183,757Average equity
  • $2,042,511Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Huntington National Bank West Virginia.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents