The Bank of Cameron, Inc. in Cameron, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 02, 1994

The Bank of Cameron, Inc. in Cameron, West Virginia (WV)
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The Bank of Cameron, Inc. - Overview

General
FDIC Certificate #: 6741
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: One Valley Bank - North, Inc. (#14306)
Federal Reserve ID: 664420
Date Established: November 13, 1901
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 11191
FDIC's unique #: 4522
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: January 01, 1934
Last Structure Change Effective Date: May 02, 1994
Last Structure Change Process Date: May 18, 1994
Last Data Update: May 18, 1994
Data Source Date: April 05, 2012
Location
Address: 21 Main Street, Cameron, WV 26033
County: Marshall
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): Wheeling, WV-OH (#9000)
Core Based Statistical Area (CBSA): Wheeling, WV-OH (#48540)
CBSA Metro Statistical Area: Wheeling, WV-OH (#48540)
Financial Summary
Total assets: $20.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$13Total assets
$19,809Cash and due from depository institutions
$461Interest-bearing balances
$0Securities
$10,926Federal funds sold & reverse repurchase agreements
$1,450Net loans & leases
$5,911Loan loss allowance
$114Trading account assets
$0Bank premises and fixed assets
$321Other real estate owned
$0Goodwill and other intangibles
$306Life insurance assets
$434All other assets
$0Total liabilities and capital
$19,809Total liabilities
$17,155Total deposits
$16,992Interest-bearing deposits
$13,111Deposits held in domestic offices
16992.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$163Total equity capital
$163Total bank equity capital
$2,654Perpetual preferred stock
$0Common stock
$50Surplus
$2,550Undivided profits
Memoranda
$54Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$32Income earned, not collected on loans
$34Earning assets
$18,287Long-term assets (5+ years)
$7,475Average Assets, year-to-date
$19,939Average Assets, quarterly
$19,763Volatile liabilities
$430Insider loans
$89FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,220Total risk weighted assets
$6,970Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,436Total interest expense
$504Net interest income
$932Provision for loan and lease losses
$17Total noninterest income
$49Fiduciary activities
$0Service charges on deposit accounts
$29Trading account gains & fees
$0Additional noninterest income
$20Total noninterest expense
$729Salaries and employee benefits
$259Premises and equipment expense
$61Additional noninterest expense
$409Pre-tax net operating income
$235Securities gains (losses)
$0Applicable income taxes
$50Income before extraordinary items
$185Extraordinary gains - net
$41Net income attributable to bank
$226Net charge-offs
$35Cash dividends
$211Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.78%Cost of funding earning assets
2.73%Net interest margin
5.05%Noninterest income to earning assets
0.27%Noninterest expense to earning assets
3.95%Net operating income to assets
0.93%Return on assets (ROA)
1.13%Pretax return on assets
1.38%Return on equity (ROE)
8.45%Retained earnings to average equity (YTD only)
0.56%Net charge-offs to loans
0.56%Credit loss provision to net charge-offs
48.57%Efficiency ratio
61,468Assets per employee
1.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
93.36%Loss allowance to loans
1.89%Loss allowance to noncurrent loans
356.25%Noncurrent assets plus other real estate owned to assets
0.16%Noncurrent loans to loans
0.53%Net loans and leases to deposits
34.79%Net loans and leases to core deposits
35.69%Equity capital to assets
13.40%Core capital (leverage) ratio
11.31%Tier 1 risk-based capital ratio
31.85%Total risk-based capital ratio
Memoranda
$33Average assets
$19,939Average earning assets
$2,674Average equity
$18,469Average loans

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