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

This bank is inactive as of September 30, 1994

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

  • General
  • FDIC Certificate #: 14048
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank One, West Virginia, National Association (#6768)
    Federal Reserve ID: 1013539
    Date Established: March 01, 1934
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 8781
    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: March 09, 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: Main 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
  • Financial Summary
  • Total assets: $65.8 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)
  • $26Total assets
  • $63,787Cash and due from depository institutions
  • $2,512Interest-bearing balances
  • $0Securities
  • $30,957Federal funds sold & reverse repurchase agreements
  • $257Net loans & leases
  • $28,788Loan loss allowance
  • $359Trading account assets
  • $0Bank premises and fixed assets
  • $435Other real estate owned
  • $0Goodwill and other intangibles
  • $838Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $63,787Total liabilities
  • $56,949Total deposits
  • $48,736Interest-bearing deposits
  • $43,496Deposits held in domestic offices
  • 48736.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $7,910Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $303Total equity capital
  • $303Total bank equity capital
  • $6,838Perpetual preferred stock
  • $0Common stock
  • $103Surplus
  • $1,000Undivided profits
  • Memoranda
  • $5,735Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $166Income earned, not collected on loans
  • $206Earning assets
  • $60,002Long-term assets (5+ years)
  • $24,913Average Assets, year-to-date
  • $59,753Average Assets, quarterly
  • $61,156Volatile liabilities
  • $8,210Insider loans
  • $83FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,933Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,838Total risk weighted assets
  • $32,027Total unused commitments
  • $0Restructured Loans and leases
  • $14,700Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,697Total interest expense
  • $1,627Net interest income
  • $3,070Provision for loan and lease losses
  • $22Total noninterest income
  • $154Fiduciary activities
  • $0Service charges on deposit accounts
  • $74Trading account gains & fees
  • $0Additional noninterest income
  • $80Total noninterest expense
  • $1,528Salaries and employee benefits
  • $777Premises and equipment expense
  • $110Additional noninterest expense
  • $641Pre-tax net operating income
  • $1,674Securities gains (losses)
  • $39Applicable income taxes
  • $471Income before extraordinary items
  • $1,242Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,242Net charge-offs
  • $10Cash dividends
  • $779Sale, 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
  • 8.31%Cost of funding earning assets
  • 2.88%Net interest margin
  • 5.43%Noninterest income to earning assets
  • 0.27%Noninterest expense to earning assets
  • 2.70%Net operating income to assets
  • 2.03%Return on assets (ROA)
  • 2.08%Pretax return on assets
  • 2.87%Return on equity (ROE)
  • 18.66%Retained earnings to average equity (YTD only)
  • 6.96%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 220.00%Efficiency ratio
  • 47,395Assets per employee
  • 2.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.72%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 216.27%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.57%Net loans and leases to deposits
  • 59.07%Net loans and leases to core deposits
  • 59.44%Equity capital to assets
  • 10.72%Core capital (leverage) ratio
  • 11.31%Tier 1 risk-based capital ratio
  • 21.35%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $59,753Average earning assets
  • $6,656Average equity
  • $56,527Average loans

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