United National Bank - South in Beckley, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 27, 1996

  • United National Bank - South in Beckley, West Virginia (WV)
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United National Bank - South - Overview

  • General
  • FDIC Certificate #: 9992
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Bank (#6784)
    Federal Reserve ID: 1006027
    Date Established: July 15, 1909
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 6386
    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: January 27, 1996
    Last Structure Change Process Date: Febuary 09, 1996
    Last Data Update: Febuary 09, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 129 Main Street, Beckley, WV 25801
    County: Raleigh
    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
    Combined Statistical Area (CSA): Beckley-Oak Hill, WV (#138)
    Core Based Statistical Area (CBSA): Beckley, WV (#13220)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $185.0 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $73Total assets
  • $185,006Cash and due from depository institutions
  • $5,537Interest-bearing balances
  • $0Securities
  • $48,399Federal funds sold & reverse repurchase agreements
  • $30,483Net loans & leases
  • $90,088Loan loss allowance
  • $2,715Trading account assets
  • $0Bank premises and fixed assets
  • $3,258Other real estate owned
  • $251Goodwill and other intangibles
  • $2,681Life insurance assets
  • $4,309All other assets
  • $0Total liabilities and capital
  • $185,006Total liabilities
  • $160,087Total deposits
  • $153,819Interest-bearing deposits
  • $131,492Deposits held in domestic offices
  • 153819.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $2,649Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $3,619Total equity capital
  • $3,619Total bank equity capital
  • $24,919Perpetual preferred stock
  • $0Common stock
  • $1,050Surplus
  • $20,590Undivided profits
  • Memoranda
  • $3,279Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,304Income earned, not collected on loans
  • $697Earning assets
  • $168,970Long-term assets (5+ years)
  • $27,161Average Assets, year-to-date
  • $184,922Average Assets, quarterly
  • $186,587Volatile liabilities
  • $15,028Insider loans
  • $5,170FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $18,968Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $20,324Total risk weighted assets
  • $99,761Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,987Total interest expense
  • $5,115Net interest income
  • $7,872Provision for loan and lease losses
  • $0Total noninterest income
  • $1,175Fiduciary activities
  • $162Service charges on deposit accounts
  • $777Trading account gains & fees
  • $0Additional noninterest income
  • $236Total noninterest expense
  • $4,746Salaries and employee benefits
  • $1,604Premises and equipment expense
  • $647Additional noninterest expense
  • $2,495Pre-tax net operating income
  • $4,301Securities gains (losses)
  • $0Applicable income taxes
  • $1,438Income before extraordinary items
  • $2,863Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,863Net charge-offs
  • $98Cash dividends
  • $1,558Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.75%Cost of funding earning assets
  • 3.05%Net interest margin
  • 4.70%Noninterest income to earning assets
  • 0.70%Noninterest expense to earning assets
  • 2.83%Net operating income to assets
  • 1.55%Return on assets (ROA)
  • 1.55%Pretax return on assets
  • 2.33%Return on equity (ROE)
  • 11.80%Retained earnings to average equity (YTD only)
  • 5.38%Net charge-offs to loans
  • 0.11%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 44,346Assets per employee
  • 2.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.42%Loss allowance to loans
  • 2.93%Loss allowance to noncurrent loans
  • 208.21%Noncurrent assets plus other real estate owned to assets
  • 0.84%Noncurrent loans to loans
  • 1.41%Net loans and leases to deposits
  • 58.57%Net loans and leases to core deposits
  • 63.69%Equity capital to assets
  • 13.47%Core capital (leverage) ratio
  • 11.24%Tier 1 risk-based capital ratio
  • 20.37%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $184,922Average earning assets
  • $24,266Average equity
  • $167,583Average loans

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