The First National Bank of Powhatan Point - Overview
General
FDIC Certificate #: 13567 Status: Active Federal Reserve ID: 138725 Bank Holding Company (Regulatory Top Holder): Powhatan Point Community Bancshares, Inc. (RSSDID: 2183886, Location: Powhatan Point, OH) Date Established: March 09, 1905 Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 14496 FDIC's unique #: 8482 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 06, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 345 Highway 7 North, Powhatan Point, OH 43942 County: Belmont Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Columbus Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central 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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $29.1 mil Equity capital: $3.0 mil Deposits held in domestic offices: $25.9 mil Return on assets (ROA): 0.77% ($0.2 mil) Quarterly return on assets: 0.15% ($0.0 mil) Return on Equity (ROE): 6.68% ($0.2 mil) Quarterly return on equity: 1.29% ($0.0 mil) Net income: $0.2 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.76% ($221.5 mil) Quarterly Pretax return on assets: 0.00% ($0.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2011)
Dollar figures in thousands
9Total employees (full-time equivalent)
$29,143Total assets
$4,861Cash and due from depository institutions
$700Interest-bearing balances
$13,457Securities
$817Federal funds sold & reverse repurchase agreements
$8,712Net loans & leases
$169Loan loss allowance
$0Trading account assets
$523Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$29,143Life insurance assets
$773All other assets
$26,109Total liabilities and capital
$25,925Total liabilities
$18,488Total deposits
$25,925Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$184Subordinated debt
$3,034All other liabilities
$3,034Total equity capital
$3,034Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$200Surplus
$2,634Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$97Long-term assets (5+ years)
$23,686Average Assets, year-to-date
$7,340Average Assets, quarterly
$26,071Volatile liabilities
$27,582Insider loans
$12,373FHLB advances
$27,123Loans and leases held for sale
$501Unused loan commitments
$501Tier 1 (core) risk-based capital
$2,855Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$679Restructured Loans and leases
$1,196Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$900Total interest income
$148Total interest expense
$752Net interest income
$5Provision for loan and lease losses
$117Total noninterest income
$0Fiduciary activities
$43Service charges on deposit accounts
$0Trading account gains & fees
$74Additional noninterest income
$669Total noninterest expense
$317Salaries and employee benefits
$94Premises and equipment expense
$258Additional noninterest expense
$195Pre-tax net operating income
$3Securities gains (losses)
-$4Applicable income taxes
$202Income before extraordinary items
$0Extraordinary gains - net
$202Net income attributable to bank
$0Net charge-offs
$202Cash dividends
$0Sale, conversion, retirement of capital stock, net
$173Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.99%Yield on earning assets
0.66%Cost of funding earning assets
3.34%Net interest margin
0.52%Noninterest income to earning assets
2.97%Noninterest expense to earning assets
0.76%Net operating income to assets
0.77%Return on assets (ROA)
0.76%Pretax return on assets
6.68%Return on equity (ROE)
0.96%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
76,985Assets per employee
3.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.64%Loss allowance to loans
1.90%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
33.60%Net loans and leases to core deposits
34.36%Equity capital to assets
10.41%Core capital (leverage) ratio
10.53%Tier 1 risk-based capital ratio
23.07%Total risk-based capital ratio
Memoranda
$24Average assets
$26,071Average earning assets
$3,023Average equity
$22,536Average loans
List of branches
1 Ohio Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8482
The First National Bank Of Powhatan
345 Highway 7 North, Powhatan Point, OH 43942
March 09, 1905
Full Service Brick and Mortar
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