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

This bank is inactive as of December 22, 1997

The Home National Bank of Sutton in Sutton, West Virginia (WV)
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The Home National Bank of Sutton - Overview

General
FDIC Certificate #: 6801
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: City National Bank of West Virginia (#17735)
Federal Reserve ID: 15134
Date Established: December 09, 1909
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
OTS Docket #: 12028
FDIC's unique #: 4573
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: Second Street And Riverview Drive, Sutton, WV 26601
County: Braxton
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: $75.9 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)
$26Total assets
$63,744Cash and due from depository institutions
$1,612Interest-bearing balances
$0Securities
$14,970Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$44,001Loan loss allowance
$602Trading account assets
$0Bank premises and fixed assets
$2,365Other real estate owned
$94Goodwill and other intangibles
$702Life insurance assets
$0All other assets
$0Total liabilities and capital
$63,744Total liabilities
$58,341Total deposits
$56,491Interest-bearing deposits
$48,827Deposits held in domestic offices
56491.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$288Trading liabilities
$0Other borrowed funds
$1,000Subordinated debt
$0All other liabilities
$562Total equity capital
$562Total bank equity capital
$5,403Perpetual preferred stock
$0Common stock
$1,800Surplus
$1,800Undivided profits
Memoranda
$1,803Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$888Income earned, not collected on loans
$381Earning assets
$58,971Long-term assets (5+ years)
$13,569Average Assets, year-to-date
$67,366Average Assets, quarterly
$67,161Volatile liabilities
$1,936Insider loans
$561FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,338Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,407Total risk weighted assets
$44,646Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$5,499Total interest expense
$2,352Net interest income
$3,147Provision for loan and lease losses
$100Total noninterest income
$146Fiduciary activities
$0Service charges on deposit accounts
$80Trading account gains & fees
$0Additional noninterest income
$66Total noninterest expense
$1,826Salaries and employee benefits
$772Premises and equipment expense
$316Additional noninterest expense
$738Pre-tax net operating income
$1,367Securities gains (losses)
$1Applicable income taxes
$474Income before extraordinary items
$894Extraordinary gains - net
$0Net income attributable to bank
$894Net charge-offs
$40Cash 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
8.83%Cost of funding earning assets
3.78%Net interest margin
5.05%Noninterest income to earning assets
0.23%Noninterest expense to earning assets
2.93%Net operating income to assets
1.33%Return on assets (ROA)
1.33%Pretax return on assets
2.03%Return on equity (ROE)
18.11%Retained earnings to average equity (YTD only)
18.11%Net charge-offs to loans
0.08%Credit loss provision to net charge-offs
250.00%Efficiency ratio
55,451Assets per employee
2.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
67.79%Noncurrent assets plus other real estate owned to assets
1.54%Noncurrent loans to loans
1.99%Net loans and leases to deposits
77.89%Net loans and leases to core deposits
78.79%Equity capital to assets
8.48%Core capital (leverage) ratio
7.68%Tier 1 risk-based capital ratio
12.11%Total risk-based capital ratio
Memoranda
$13Average assets
$67,366Average earning assets
$4,938Average equity
$62,260Average loans

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