The Matewan National Bank in Williamson, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 2000

  • The Matewan National Bank in Williamson, West Virginia (WV)
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The Matewan National Bank - Overview

  • General
  • FDIC Certificate #: 6777
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company (#9846)
    Federal Reserve ID: 947132
    Date Established: May 15, 1913
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 21 (Interstate: No)
    OTS Docket #: 11519
    FDIC's unique #: 4554
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 15, 2000
    Last Structure Change Process Date: July 24, 2000
    Last Data Update: July 24, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 2nd Avenue And Vinson Street, Williamson, WV 25661
    County: Mingo
    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: $733.2 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 281Total employees (full-time equivalent)
  • $783,249Total assets
  • $38,688Cash and due from depository institutions
  • $153Interest-bearing balances
  • $9,881Securities
  • $225,145Federal funds sold & reverse repurchase agreements
  • $381,785Net loans & leases
  • $7,134Loan loss allowance
  • $0Trading account assets
  • $18,998Bank premises and fixed assets
  • $785Other real estate owned
  • $90,749Goodwill and other intangibles
  • $0Life insurance assets
  • $17,218All other assets
  • $783,249Total liabilities and capital
  • $667,713Total liabilities
  • $543,544Total deposits
  • $479,063Interest-bearing deposits
  • $543,544Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $83,010Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $24,903Other borrowed funds
  • $0Subordinated debt
  • $16,256All other liabilities
  • $115,536Total equity capital
  • $115,536Total bank equity capital
  • $115,536Perpetual preferred stock
  • $110Common stock
  • $1Surplus
  • $116,179Undivided profits
  • Memoranda
  • $-754Noncurrent loans and leases
  • $21,625Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $7,900Earning assets
  • $0Long-term assets (5+ years)
  • $2,559Average Assets, year-to-date
  • $616,964Average Assets, quarterly
  • $136,700Volatile liabilities
  • $682,353Insider loans
  • $754,878FHLB advances
  • $238,442Loans and leases held for sale
  • $7,560Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $21,625Total unused commitments
  • $288Restructured Loans and leases
  • $5,219Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $15,702Total interest income
  • $7,983Total interest expense
  • $7,719Net interest income
  • $0Provision for loan and lease losses
  • $1,916Total noninterest income
  • $0Fiduciary activities
  • $1,278Service charges on deposit accounts
  • $0Trading account gains & fees
  • $638Additional noninterest income
  • $9,717Total noninterest expense
  • $3,174Salaries and employee benefits
  • $1,011Premises and equipment expense
  • $5,532Additional noninterest expense
  • -$82Pre-tax net operating income
  • -$13Securities gains (losses)
  • $634Applicable income taxes
  • -$729Income before extraordinary items
  • $0Extraordinary gains - net
  • -$729Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $5,251Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.69%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 1.32%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 1.67%Noninterest expense to earning assets
  • -0.10%Net operating income to assets
  • -0.11%Return on assets (ROA)
  • -0.01%Pretax return on assets
  • -0.90%Return on equity (ROE)
  • -0.90%Retained earnings to average equity (YTD only)
  • 1.32%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • -0.02%Efficiency ratio
  • 80,488Assets per employee
  • 2.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.83%Loss allowance to noncurrent loans
  • 90.30%Noncurrent assets plus other real estate owned to assets
  • 1.11%Noncurrent loans to loans
  • 2.03%Net loans and leases to deposits
  • 70.24%Net loans and leases to core deposits
  • 92.44%Equity capital to assets
  • 14.75%Core capital (leverage) ratio
  • 3.79%Tier 1 risk-based capital ratio
  • 6.10%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $682,353Average earning assets
  • $81,395Average equity
  • $583,582Average loans

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