Bank of Marlinton in Marlinton, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 1997

  • Bank of Marlinton in Marlinton, West Virginia (WV)
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Bank of Marlinton - Overview

  • General
  • FDIC Certificate #: 9034
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Citizens Bank & Trust Company (#10003)
    Federal Reserve ID: 107936
    Date Established: March 21, 1899
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 5774
    Numeric code: 21
    Regulator: FDIC
    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: January 01, 1934
    Last Structure Change Effective Date: August 01, 1997
    Last Structure Change Process Date: October 02, 1997
    Last Data Update: October 02, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 201-209 8th Street, Marlinton, WV 24954
    County: Pocahontas
    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: $60.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $24Total assets
  • $60,033Cash and due from depository institutions
  • $1,812Interest-bearing balances
  • $0Securities
  • $19,187Federal funds sold & reverse repurchase agreements
  • $4,650Net loans & leases
  • $28,819Loan loss allowance
  • $661Trading account assets
  • $0Bank premises and fixed assets
  • $759Other real estate owned
  • $0Goodwill and other intangibles
  • $925Life insurance assets
  • $3,881All other assets
  • $0Total liabilities and capital
  • $60,033Total liabilities
  • $50,254Total deposits
  • $49,584Interest-bearing deposits
  • $41,210Deposits held in domestic offices
  • 49584.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $670Total equity capital
  • $670Total bank equity capital
  • $9,779Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $9,553Undivided profits
  • Memoranda
  • $26Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $146Earning assets
  • $52,656Long-term assets (5+ years)
  • $2,017Average Assets, year-to-date
  • $59,807Average Assets, quarterly
  • $60,501Volatile liabilities
  • $1,805Insider loans
  • $95FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,955Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,898Total risk weighted assets
  • $26,817Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,690Total interest expense
  • $1,659Net interest income
  • $2,031Provision for loan and lease losses
  • $120Total noninterest income
  • $134Fiduciary activities
  • $0Service charges on deposit accounts
  • $82Trading account gains & fees
  • $0Additional noninterest income
  • $52Total noninterest expense
  • $1,614Salaries and employee benefits
  • $685Premises and equipment expense
  • $184Additional noninterest expense
  • $745Pre-tax net operating income
  • $431Securities gains (losses)
  • -$200Applicable income taxes
  • $190Income before extraordinary items
  • $41Extraordinary gains - net
  • $0Net income attributable to bank
  • $41Net charge-offs
  • -$104Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.03%Cost of funding earning assets
  • 3.16%Net interest margin
  • 3.87%Noninterest income to earning assets
  • 0.26%Noninterest expense to earning assets
  • 3.08%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.07%Pretax return on assets
  • 0.39%Return on equity (ROE)
  • 0.42%Retained earnings to average equity (YTD only)
  • 0.42%Net charge-offs to loans
  • -0.40%Credit loss provision to net charge-offs
  • -115.38%Efficiency ratio
  • 60,416Assets per employee
  • 2.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.24%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 58.12%Net loans and leases to core deposits
  • 60.32%Equity capital to assets
  • 16.29%Core capital (leverage) ratio
  • 10.29%Tier 1 risk-based capital ratio
  • 21.99%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $59,807Average earning assets
  • $9,720Average equity
  • $52,454Average loans

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