The First National Bank of Hinton in Hinton, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 22, 1997

The First National Bank of Hinton in Hinton, West Virginia (WV)
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The First National Bank of Hinton - Overview

General
FDIC Certificate #: 6766
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: City National Bank of West Virginia (#17735)
Federal Reserve ID: 380225
Date Established: January 01, 1887
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
OTS Docket #: 13487
FDIC's unique #: 4544
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 22, 1997
Last Structure Change Process Date: January 07, 1998
Last Data Update: January 07, 1998
Data Source Date: April 05, 2012
Location
Address: 321 Temple Street, Hinton, WV 25951
County: Summers
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
Financial Summary
Total assets: $92.3 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)
$27Total assets
$64,980Cash and due from depository institutions
$1,252Interest-bearing balances
$0Securities
$20,735Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$41,645Loan loss allowance
$411Trading account assets
$0Bank premises and fixed assets
$610Other real estate owned
$0Goodwill and other intangibles
$738Life insurance assets
$0All other assets
$0Total liabilities and capital
$64,980Total liabilities
$59,104Total deposits
$56,149Interest-bearing deposits
$50,934Deposits held in domestic offices
56149.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$1,410Trading liabilities
$0Other borrowed funds
$1,000Subordinated debt
$0All other liabilities
$545Total equity capital
$545Total bank equity capital
$5,876Perpetual preferred stock
$0Common stock
$300Surplus
$1,000Undivided profits
Memoranda
$4,576Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$170Income earned, not collected on loans
$245Earning assets
$62,380Long-term assets (5+ years)
$11,486Average Assets, year-to-date
$76,869Average Assets, quarterly
$68,759Volatile liabilities
$7,547Insider loans
$590FHLB advances
$0Loans and leases held for sale
$6Unused loan commitments
$2,267Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,919Total risk weighted assets
$38,977Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$5,931Total interest expense
$2,961Net interest income
$2,970Provision for loan and lease losses
$40Total noninterest income
$245Fiduciary activities
$0Service charges on deposit accounts
$59Trading account gains & fees
$0Additional noninterest income
$186Total noninterest expense
$1,841Salaries and employee benefits
$1,057Premises and equipment expense
$83Additional noninterest expense
$701Pre-tax net operating income
$1,334Securities gains (losses)
$0Applicable income taxes
$389Income before extraordinary items
$945Extraordinary gains - net
$0Net income attributable to bank
$945Net charge-offs
$34Cash dividends
$0Sale, 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
8.01%Cost of funding earning assets
4.00%Net interest margin
4.01%Noninterest income to earning assets
0.33%Noninterest expense to earning assets
2.49%Net operating income to assets
1.23%Return on assets (ROA)
1.23%Pretax return on assets
1.74%Return on equity (ROE)
17.65%Retained earnings to average equity (YTD only)
17.65%Net charge-offs to loans
0.07%Credit loss provision to net charge-offs
117.65%Efficiency ratio
57,263Assets per employee
2.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.98%Loss allowance to noncurrent loans
241.76%Noncurrent assets plus other real estate owned to assets
0.26%Noncurrent loans to loans
0.40%Net loans and leases to deposits
74.17%Net loans and leases to core deposits
81.64%Equity capital to assets
9.04%Core capital (leverage) ratio
8.20%Tier 1 risk-based capital ratio
15.19%Total risk-based capital ratio
Memoranda
$16Average assets
$76,869Average earning assets
$5,353Average equity
$74,052Average loans

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