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

This bank is inactive as of September 30, 1994

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

  • General
  • FDIC Certificate #: 13750
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank One, West Virginia, National Association (#6768)
    Federal Reserve ID: 102137
    Date Established: January 22, 1934
    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 #: 8598
    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 24, 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: 755 East Stratton Street, Logan, WV 25601
    County: Logan
    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: $164.0 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)
  • $80Total assets
  • $170,672Cash and due from depository institutions
  • $4,387Interest-bearing balances
  • $0Securities
  • $98,479Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $61,696Loan loss allowance
  • $979Trading account assets
  • $0Bank premises and fixed assets
  • $3,577Other real estate owned
  • $180Goodwill and other intangibles
  • $2,353Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $170,672Total liabilities
  • $154,583Total deposits
  • $139,806Interest-bearing deposits
  • $125,691Deposits held in domestic offices
  • 139806.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $13,100Trading liabilities
  • $0Other borrowed funds
  • $622Subordinated debt
  • $0All other liabilities
  • $1,055Total equity capital
  • $1,055Total bank equity capital
  • $16,089Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,300Undivided profits
  • Memoranda
  • $13,789Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $266Income earned, not collected on loans
  • $266Earning assets
  • $160,175Long-term assets (5+ years)
  • $26,136Average Assets, year-to-date
  • $164,793Average Assets, quarterly
  • $170,225Volatile liabilities
  • $17,550Insider loans
  • $4,438FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,306Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $16,089Total risk weighted assets
  • $75,070Total unused commitments
  • $0Restructured Loans and leases
  • $37,900Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $11,176Total interest expense
  • $4,199Net interest income
  • $6,977Provision for loan and lease losses
  • $130Total noninterest income
  • $665Fiduciary activities
  • $0Service charges on deposit accounts
  • $445Trading account gains & fees
  • $0Additional noninterest income
  • $220Total noninterest expense
  • $4,234Salaries and employee benefits
  • $2,247Premises and equipment expense
  • $409Additional noninterest expense
  • $1,578Pre-tax net operating income
  • $3,278Securities gains (losses)
  • $0Applicable income taxes
  • $1,005Income before extraordinary items
  • $2,273Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,273Net charge-offs
  • $918Cash dividends
  • $848Sale, 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
  • 7.26%Cost of funding earning assets
  • 2.73%Net interest margin
  • 4.53%Noninterest income to earning assets
  • 0.43%Noninterest expense to earning assets
  • 2.75%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 1.99%Return on equity (ROE)
  • 14.61%Retained earnings to average equity (YTD only)
  • 9.16%Net charge-offs to loans
  • 1.46%Credit loss provision to net charge-offs
  • 14.16%Efficiency ratio
  • 55,404Assets per employee
  • 2.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.31%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 368.05%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 44.13%Net loans and leases to core deposits
  • 45.37%Equity capital to assets
  • 9.43%Core capital (leverage) ratio
  • 9.49%Tier 1 risk-based capital ratio
  • 21.43%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $164,793Average earning assets
  • $15,559Average equity
  • $153,936Average loans

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