Wesbanco Bank Wellsburg, Inc. in Wellsburg, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 05, 1994

Wesbanco Bank Wellsburg, Inc. in Wellsburg, West Virginia (WV)
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Wesbanco Bank Wellsburg, Inc. - Overview

General
FDIC Certificate #: 14852
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wesbanco Bank, Inc. (#803)
Federal Reserve ID: 643920
Date Established: January 01, 1832
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 9297
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: October 26, 1934
Last Structure Change Effective Date: April 05, 1994
Last Structure Change Process Date: April 18, 1994
Last Data Update: April 18, 1994
Data Source Date: April 05, 2012
Location
Address: 800 Charles, Wellsburg, WV 26070
County: Brooke
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
Metropolitan Statistical Area (MSA): Steubenville-Weirton, OH-WV (#8080)
Core Based Statistical Area (CBSA): Steubenville-Weirton, OH-WV (#44600)
CBSA Metro Statistical Area: Steubenville-Weirton, OH-WV (#44600)
Financial Summary
Total assets: $54.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$20Total assets
$54,740Cash and due from depository institutions
$1,754Interest-bearing balances
$0Securities
$22,963Federal funds sold & reverse repurchase agreements
$96Net loans & leases
$28,380Loan loss allowance
$463Trading account assets
$0Bank premises and fixed assets
$508Other real estate owned
$0Goodwill and other intangibles
$1,039Life insurance assets
$0All other assets
$0Total liabilities and capital
$54,740Total liabilities
$48,303Total deposits
$46,873Interest-bearing deposits
$42,739Deposits held in domestic offices
46873.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$441Trading liabilities
$0Other borrowed funds
$500Subordinated debt
$0All other liabilities
$489Total equity capital
$489Total bank equity capital
$6,437Perpetual preferred stock
$0Common stock
$1,000Surplus
$100Undivided profits
Memoranda
$5,337Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$238Income earned, not collected on loans
$432Earning assets
$51,439Long-term assets (5+ years)
$6,384Average Assets, year-to-date
$54,884Average Assets, quarterly
$55,066Volatile liabilities
$1,849Insider loans
$805FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,039Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,437Total risk weighted assets
$31,664Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$3,929Total interest expense
$1,577Net interest income
$2,352Provision for loan and lease losses
$62Total noninterest income
$212Fiduciary activities
$0Service charges on deposit accounts
$133Trading account gains & fees
$0Additional noninterest income
$79Total noninterest expense
$1,069Salaries and employee benefits
$479Premises and equipment expense
$113Additional noninterest expense
$477Pre-tax net operating income
$1,433Securities gains (losses)
$29Applicable income taxes
$494Income before extraordinary items
$968Extraordinary gains - net
$0Net income attributable to bank
$968Net charge-offs
$21Cash dividends
$400Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.59%Cost of funding earning assets
3.05%Net interest margin
4.54%Noninterest income to earning assets
0.41%Noninterest expense to earning assets
2.06%Net operating income to assets
1.73%Return on assets (ROA)
1.76%Pretax return on assets
2.66%Return on equity (ROE)
15.69%Retained earnings to average equity (YTD only)
9.21%Net charge-offs to loans
0.07%Credit loss provision to net charge-offs
295.24%Efficiency ratio
41,693Assets per employee
2.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.32%Loss allowance to loans
1.61%Loss allowance to noncurrent loans
194.54%Noncurrent assets plus other real estate owned to assets
0.43%Noncurrent loans to loans
0.83%Net loans and leases to deposits
60.55%Net loans and leases to core deposits
61.74%Equity capital to assets
11.76%Core capital (leverage) ratio
11.62%Tier 1 risk-based capital ratio
20.33%Total risk-based capital ratio
Memoranda
$22Average assets
$54,884Average earning assets
$6,168Average equity
$51,771Average loans

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