FDIC Certificate #: 15866 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Community Bank (#13012) Federal Reserve ID: 497020 Date Established: April 12, 1902 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 3 (Interstate: No) FDIC's unique #: 10103 Numeric code: 13 Regulator: FED 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: December 09, 1941 Last Structure Change Effective Date: December 01, 2002 Last Structure Change Process Date: January 16, 2003 Last Data Update: January 16, 2003 Data Source Date: April 05, 2012
Location
Address: Main Street, Greenville, WV 24945 County: Monroe 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: $29.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
20Total employees (full-time equivalent)
$35,156Total assets
$2,002Cash and due from depository institutions
$0Interest-bearing balances
$10,259Securities
$2,019Federal funds sold & reverse repurchase agreements
$19,248Net loans & leases
$518Loan loss allowance
$0Trading account assets
$736Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$892All other assets
$35,156Total liabilities and capital
$33,696Total liabilities
$33,605Total deposits
$29,399Interest-bearing deposits
$33,605Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$91All other liabilities
$1,460Total equity capital
$1,460Total bank equity capital
$1,460Perpetual preferred stock
$0Common stock
$50Surplus
$247Undivided profits
Memoranda
$1,163Noncurrent loans and leases
$689Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$849Earning assets
$346Long-term assets (5+ years)
$443Average Assets, year-to-date
$31,526Average Assets, quarterly
$18,276Volatile liabilities
$34,616Insider loans
$36,101FHLB advances
$2,657Loans and leases held for sale
$630Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$689Total unused commitments
$0Restructured Loans and leases
$240Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$2,586Total interest income
$1,432Total interest expense
$1,154Net interest income
$585Provision for loan and lease losses
$171Total noninterest income
$0Fiduciary activities
$138Service charges on deposit accounts
$0Trading account gains & fees
$33Additional noninterest income
$1,486Total noninterest expense
$660Salaries and employee benefits
$186Premises and equipment expense
$640Additional noninterest expense
-$746Pre-tax net operating income
$0Securities gains (losses)
-$299Applicable income taxes
-$447Income before extraordinary items
$0Extraordinary gains - net
-$447Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$442Sale, conversion, retirement of capital stock, net
$58Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.20%Yield on earning assets
4.54%Cost of funding earning assets
3.66%Net interest margin
0.54%Noninterest income to earning assets
4.71%Noninterest expense to earning assets
-1.29%Net operating income to assets
-1.29%Return on assets (ROA)
-2.16%Pretax return on assets
-25.62%Return on equity (ROE)
-28.94%Retained earnings to average equity (YTD only)
2.11%Net charge-offs to loans
132.35%Credit loss provision to net charge-offs
-0.36%Efficiency ratio
112,151Assets per employee
1.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
-12.98%Loss allowance to loans
2.62%Loss allowance to noncurrent loans
61.01%Noncurrent assets plus other real estate owned to assets
2.41%Noncurrent loans to loans
4.30%Net loans and leases to deposits
57.28%Net loans and leases to core deposits
62.19%Equity capital to assets
4.15%Core capital (leverage) ratio
3.53%Tier 1 risk-based capital ratio
6.80%Total risk-based capital ratio
Memoranda
$8Average assets
$34,616Average earning assets
$1,745Average equity
$31,544Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Greenville.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: