Bank One, West Virginia, Boone, National Association in Madison, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 30, 1994

  • Bank One, West Virginia, Boone, National Association in Madison, West Virginia (WV)
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Bank One, West Virginia, Boone, National Association - Overview

  • General
  • FDIC Certificate #: 6773
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank One, West Virginia, National Association (#6768)
    Federal Reserve ID: 168535
    Date Established: January 01, 1902
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 4550
    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: September 30, 1994
    Last Structure Change Process Date: October 13, 1994
    Last Data Update: October 13, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Josephine And State Streets, Madison, WV 25130
    County: Boone
    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
    Core Based Statistical Area (CBSA): Charleston, WV (#16620)
    CBSA Metro Statistical Area: Charleston, WV (#16620)
  • Financial Summary
  • Total assets: $124.0 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)
  • $49Total assets
  • $131,328Cash and due from depository institutions
  • $4,883Interest-bearing balances
  • $0Securities
  • $81,984Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $40,838Loan loss allowance
  • $707Trading account assets
  • $0Bank premises and fixed assets
  • $1,551Other real estate owned
  • $9Goodwill and other intangibles
  • $2,063Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $131,328Total liabilities
  • $119,245Total deposits
  • $108,921Interest-bearing deposits
  • $97,860Deposits held in domestic offices
  • 108921.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $9,815Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $509Total equity capital
  • $509Total bank equity capital
  • $12,083Perpetual preferred stock
  • $0Common stock
  • $1,200Surplus
  • $1,200Undivided profits
  • Memoranda
  • $9,683Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $97Income earned, not collected on loans
  • $165Earning assets
  • $122,822Long-term assets (5+ years)
  • $30,792Average Assets, year-to-date
  • $124,714Average Assets, quarterly
  • $131,142Volatile liabilities
  • $12,638Insider loans
  • $2,239FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,566Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $12,083Total risk weighted assets
  • $55,489Total unused commitments
  • $0Restructured Loans and leases
  • $28,900Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $8,718Total interest expense
  • $3,546Net interest income
  • $5,172Provision for loan and lease losses
  • $144Total noninterest income
  • $312Fiduciary activities
  • $0Service charges on deposit accounts
  • $248Trading account gains & fees
  • $0Additional noninterest income
  • $64Total noninterest expense
  • $2,882Salaries and employee benefits
  • $1,475Premises and equipment expense
  • $222Additional noninterest expense
  • $1,185Pre-tax net operating income
  • $2,458Securities gains (losses)
  • $27Applicable income taxes
  • $778Income before extraordinary items
  • $1,707Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,707Net charge-offs
  • $91Cash dividends
  • $1,119Sale, 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
  • 7.39%Cost of funding earning assets
  • 3.01%Net interest margin
  • 4.38%Noninterest income to earning assets
  • 0.26%Noninterest expense to earning assets
  • 2.44%Net operating income to assets
  • 1.35%Return on assets (ROA)
  • 1.37%Pretax return on assets
  • 1.99%Return on equity (ROE)
  • 14.35%Retained earnings to average equity (YTD only)
  • 4.94%Net charge-offs to loans
  • 0.22%Credit loss provision to net charge-offs
  • 158.24%Efficiency ratio
  • 52,553Assets per employee
  • 2.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.55%Loss allowance to loans
  • 1.70%Loss allowance to noncurrent loans
  • 728.87%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 37.49%Net loans and leases to core deposits
  • 38.49%Equity capital to assets
  • 9.20%Core capital (leverage) ratio
  • 9.27%Tier 1 risk-based capital ratio
  • 21.78%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $124,714Average earning assets
  • $11,896Average equity
  • $117,959Average loans

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