One Valley Bank of Oak Hill, Inc. in Oak Hill, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 26, 1998

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

One Valley Bank of Oak Hill, Inc. - Overview

General
FDIC Certificate #: 2451
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: One Valley Bank - South, Inc. (#9027)
Federal Reserve ID: 777030
Date Established: August 11, 1904
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 14208
FDIC's unique #: 1606
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 26, 1998
Last Structure Change Process Date: October 29, 1998
Last Data Update: October 29, 1998
Data Source Date: April 05, 2012
Location
Address: 100 Main Street, Oak Hill, WV 25901
County: Fayette
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
Combined Statistical Area (CSA): Beckley-Oak Hill, WV (#138)
Core Based Statistical Area (CBSA): Oak Hill, WV (#36060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $151.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
68Total employees (full-time equivalent)
$148,745Total assets
$5,000Cash and due from depository institutions
$50Interest-bearing balances
$42,467Securities
$0Federal funds sold & reverse repurchase agreements
$97,189Net loans & leases
$1,437Loan loss allowance
$0Trading account assets
$2,102Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,987All other assets
$148,745Total liabilities and capital
$137,860Total liabilities
$124,876Total deposits
$111,399Interest-bearing deposits
$124,876Deposits held in domestic offices
0.00%% insured (estimated)
$11,760Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,224All other liabilities
$10,885Total equity capital
$10,885Total bank equity capital
$10,885Perpetual preferred stock
$0Common stock
$480Surplus
$5,000Undivided profits
Memoranda
$5,405Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$195Earning assets
$0Long-term assets (5+ years)
$520Average Assets, year-to-date
$139,706Average Assets, quarterly
$54,181Volatile liabilities
$151,913Insider loans
$148,648FHLB advances
$21,492Loans and leases held for sale
$1,438Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$171Total risk weighted assets
$5,636Total unused commitments
$0Restructured Loans and leases
$93,951Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$11,926Total interest income
$5,520Total interest expense
$6,406Net interest income
$374Provision for loan and lease losses
$1,248Total noninterest income
$0Fiduciary activities
$882Service charges on deposit accounts
$0Trading account gains & fees
$366Additional noninterest income
$3,505Total noninterest expense
$1,860Salaries and employee benefits
$314Premises and equipment expense
$1,331Additional noninterest expense
$3,775Pre-tax net operating income
$0Securities gains (losses)
$1,332Applicable income taxes
$2,443Income before extraordinary items
$0Extraordinary gains - net
$2,443Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$399Sale, conversion, retirement of capital stock, net
$1,960Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.31%Yield on earning assets
3.85%Cost of funding earning assets
4.46%Net interest margin
0.87%Noninterest income to earning assets
2.44%Noninterest expense to earning assets
1.61%Net operating income to assets
1.61%Return on assets (ROA)
2.48%Pretax return on assets
23.41%Return on equity (ROE)
4.63%Retained earnings to average equity (YTD only)
0.40%Net charge-offs to loans
93.73%Credit loss provision to net charge-offs
10.40%Efficiency ratio
45,793Assets per employee
2.19%Cash dividends to net income (YTD only)
Condition Ratios (%)
80.23%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
736.92%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.20%Net loans and leases to deposits
77.83%Net loans and leases to core deposits
84.41%Equity capital to assets
7.32%Core capital (leverage) ratio
7.29%Tier 1 risk-based capital ratio
11.54%Total risk-based capital ratio
Memoranda
$13Average assets
$151,913Average earning assets
$10,436Average equity
$143,532Average 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 One Valley Bank of Oak Hill, Inc..
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.