One Valley Bank of Mercer County, Inc. in city_name, state_name

One Valley Bank of Mercer County, Inc. in Princeton, West Virginia (WV)
Show street view No street view available for this location

One Valley Bank of Mercer County, Inc. - Overview

General
FDIC Certificate #: 17843
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company (#9846)
Federal Reserve ID: 831932
Date Established: January 30, 1906
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 14209
FDIC's unique #: 11785
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: Febuary 01, 1958
Last Structure Change Effective Date: November 10, 2000
Last Structure Change Process Date: January 11, 2001
Last Data Update: January 11, 2001
Data Source Date: April 05, 2012
Location
Address: 1439 Main Street, Princeton, WV 24740
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
Financial Summary
Total assets: $330.2 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
93Total employees (full-time equivalent)
$328,818Total assets
$16,831Cash and due from depository institutions
$59Interest-bearing balances
$69,975Securities
$17,570Federal funds sold & reverse repurchase agreements
$217,169Net loans & leases
$2,622Loan loss allowance
$0Trading account assets
$2,813Bank premises and fixed assets
$0Other real estate owned
$240Goodwill and other intangibles
$0Life insurance assets
$4,220All other assets
$328,818Total liabilities and capital
$308,516Total liabilities
$290,894Total deposits
$260,951Interest-bearing deposits
$290,894Deposits held in domestic offices
0.00%% insured (estimated)
$5,025Federal funds purchased & repurchase agreements
$0Trading liabilities
$10,000Other borrowed funds
$0Subordinated debt
$2,597All other liabilities
$20,302Total equity capital
$20,302Total bank equity capital
$20,302Perpetual preferred stock
$0Common stock
$500Surplus
$3,436Undivided profits
Memoranda
$16,366Noncurrent loans and leases
$28,013Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$669Earning assets
$0Long-term assets (5+ years)
$1,183Average Assets, year-to-date
$304,773Average Assets, quarterly
$106,349Volatile liabilities
$291,711Insider loans
$327,945FHLB advances
$35,568Loans and leases held for sale
$365Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,000Tier 2 risk-based capital
$0Total risk weighted assets
$28,013Total unused commitments
$0Restructured Loans and leases
$2,430Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$21,822Total interest income
$9,583Total interest expense
$12,239Net interest income
$435Provision for loan and lease losses
$1,981Total noninterest income
$0Fiduciary activities
$1,225Service charges on deposit accounts
$0Trading account gains & fees
$756Additional noninterest income
$6,460Total noninterest expense
$3,181Salaries and employee benefits
$668Premises and equipment expense
$2,611Additional noninterest expense
$7,325Pre-tax net operating income
$0Securities gains (losses)
$2,494Applicable income taxes
$4,831Income before extraordinary items
$0Extraordinary gains - net
$4,831Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$329Sale, conversion, retirement of capital stock, net
$2,925Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.89%Yield on earning assets
3.47%Cost of funding earning assets
4.43%Net interest margin
0.72%Noninterest income to earning assets
2.34%Noninterest expense to earning assets
1.66%Net operating income to assets
1.66%Return on assets (ROA)
2.51%Pretax return on assets
24.96%Return on equity (ROE)
9.85%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
132.22%Credit loss provision to net charge-offs
23.59%Efficiency ratio
44,866Assets per employee
3.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.55%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
391.93%Noncurrent assets plus other real estate owned to assets
0.20%Noncurrent loans to loans
0.30%Net loans and leases to deposits
74.66%Net loans and leases to core deposits
81.84%Equity capital to assets
6.17%Core capital (leverage) ratio
6.21%Tier 1 risk-based capital ratio
10.59%Total risk-based capital ratio
Memoranda
$12Average assets
$291,711Average earning assets
$19,358Average equity
$276,403Average loans

One Valley Bank of Mercer County, Inc. in Princeton, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

One Valley Bank of Mercer County, Inc. - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

One Valley Bank of Mercer County, Inc. in Princeton, West Virginia (WV)Overview, Financial Summary, Detailed Financial Reports, Branches

One Valley Bank of Mercer County, Inc. - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

One Valley Bank of Mercer County, Inc. in Princeton, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches