BCBank, Inc. in Philippi, West Virginia (WV)



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BCBank, Inc. routing number info

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BCBank, Inc.
GeneralFDIC Certificate #: 20215
Status: Active
Federal Reserve ID: 829032
Bank Holding Company (Regulatory Top Holder): Appalachian Financial Corporation (RSSDID: 1141115, Location: Philippi, WV)
Date Established: June 27, 1970
WWW: http://www.bcbankinc.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 13897
Numeric code: 13
Regulator: FED
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: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: June 29, 1970
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
LocationAddress: 107 Pike Street, Philippi, WV 26416
County: Barbour
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $112.5 mil
Equity capital: $10.5 mil
Deposits held in domestic offices: $100.3 mil
Return on assets (ROA): 0.18% ($0.2 mil)
Quarterly return on assets: -0.15% (-$0.2 mil)
Return on Equity (ROE): 1.85% ($0.2 mil)
Quarterly return on equity: -1.60% (-$0.2 mil)
Net income: $0.2 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.24% ($270.1 mil)
Quarterly Pretax return on assets: -0.13% (-$146.3 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)
Total employees (full-time equivalent)34
Total assets$112,545
Cash and due from depository institutions$6,503
Interest-bearing balances$5,336
Securities$31,211
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$60,752
Loan loss allowance $1,049
Trading account assets$0
Bank premises and fixed assets$5,816
Other real estate owned$2,556
Goodwill and other intangibles$0
All other assets$5,707
Life insurance assets$112,545
Total liabilities and capital$102,010
Total liabilities$100,310
Total deposits$86,789
Interest-bearing deposits$100,310
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,700
All other liabilities $10,535
Total equity capital$10,535
Total bank equity capital$10,535
Perpetual preferred stock$0
Common stock$320
Surplus$1,000
Undivided profits $9,215
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $2,724
Earning assets $0
Long-term assets (5+ years) $317
Average Assets, year-to-date $97,299
Average Assets, quarterly $51,019
Volatile liabilities $112,189
Insider loans $112,837
FHLB advances $77,625
Loans and leases held for sale $112,788
Unused loan commitments $2,710
Tier 1 (core) risk-based capital $2,710
Tier 2 risk-based capital $10,713
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $2,555
Derivatives$1,227
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,494
Total interest expense $831
Net interest income $3,663
Provision for loan and lease losses $320
Total noninterest income $497
Fiduciary activities $0
Service charges on deposit accounts $196
Trading account gains & fees $0
Additional noninterest income $301
Total noninterest expense $3,574
Salaries and employee benefits $1,607
Premises and equipment expense $727
Additional noninterest expense $1,240
Pre-tax net operating income $266
Securities gains (losses) $0
Applicable income taxes $69
Income before extraordinary items $197
Extraordinary gains - net $0
Net income attributable to bank $197
Net charge-offs $0
Cash dividends $197
Sale, conversion, retirement of capital stock, net $791
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.64%
Cost of funding earning assets 0.86%
Net interest margin 3.78%
Noninterest income to earning assets 0.51%
Noninterest expense to earning assets 3.69%
Net operating income to assets 0.18%
Return on assets (ROA) 0.18%
Pretax return on assets 0.24%
Return on equity (ROE) 1.85%
Retained earnings to average equity (YTD only) 1.85%
Net charge-offs to loans 1.25%
Credit loss provision to net charge-offs 40.46%
Efficiency ratio0.74%
Assets per employee$85,913
Cash dividends to net income (YTD only)3.31%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.70%
Noncurrent assets plus other real estate owned to assets 38.51%
Noncurrent loans to loans 4.69%
Net loans and leases to deposits4.41%
Net loans and leases to core deposits 60.56%
Equity capital to assets 61.62%
Core capital (leverage) ratio 9.36%
Tier 1 risk-based capital ratio 9.50%
Total risk-based capital ratio 13.80%
Memoranda
Average assets$15
Average earning assets$112,189
Average equity $10,671
Average loans $96,895
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Total Fiduciary and Related Assets (December 31, 2001)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$559
Number of Accounts1
Personal trust and agency accounts$559
Employee benefit-defined contribution accounts$559
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts16
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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3 West Virginia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
013897Bcbank, Inc.107 Pike Street, Philippi, WV 26416June 27, 1970Full Service Brick and Mortar
1419390Nutter Fort Office1105 Buckhannon Pike, Nutter Fort, WV 26301September 10, 2002Full Service Brick and Mortar
2467462Fairmont Branch936 East Park Avenue, Fairmont, WV 26554August 06, 2007Full Service Brick and Mortar
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