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

This bank is inactive as of December 22, 1997

  • Bank of Ripley, National Association in Ripley, West Virginia (WV)
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Bank of Ripley, National Association - Overview

  • General
  • FDIC Certificate #: 6178
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank of West Virginia (#17735)
    Federal Reserve ID: 907435
    Date Established: August 10, 1891
    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)
    OTS Docket #: 12022
    FDIC's unique #: 4162
    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: December 22, 1997
    Last Structure Change Process Date: January 07, 1998
    Last Data Update: January 07, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 108 North Church Street, Ripley, WV 25271
    County: Jackson
    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: $87.2 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)
  • $25Total assets
  • $65,481Cash and due from depository institutions
  • $1,322Interest-bearing balances
  • $17Securities
  • $16,836Federal funds sold & reverse repurchase agreements
  • $1,950Net loans & leases
  • $43,834Loan loss allowance
  • $443Trading account assets
  • $0Bank premises and fixed assets
  • $746Other real estate owned
  • $95Goodwill and other intangibles
  • $698Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $65,481Total liabilities
  • $59,797Total deposits
  • $59,393Interest-bearing deposits
  • $52,518Deposits held in domestic offices
  • 59393.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $20Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $384Total equity capital
  • $384Total bank equity capital
  • $5,684Perpetual preferred stock
  • $0Common stock
  • $323Surplus
  • $1,000Undivided profits
  • Memoranda
  • $4,361Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $187Income earned, not collected on loans
  • $283Earning assets
  • $62,637Long-term assets (5+ years)
  • $15,388Average Assets, year-to-date
  • $69,625Average Assets, quarterly
  • $65,984Volatile liabilities
  • $4,220Insider loans
  • $1,275FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,394Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,637Total risk weighted assets
  • $40,510Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,973Total interest expense
  • $2,732Net interest income
  • $3,241Provision for loan and lease losses
  • $66Total noninterest income
  • $223Fiduciary activities
  • $0Service charges on deposit accounts
  • $146Trading account gains & fees
  • $0Additional noninterest income
  • $77Total noninterest expense
  • $1,644Salaries and employee benefits
  • $875Premises and equipment expense
  • $168Additional noninterest expense
  • $601Pre-tax net operating income
  • $1,754Securities gains (losses)
  • $4Applicable income taxes
  • $598Income before extraordinary items
  • $1,160Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,160Net charge-offs
  • $35Cash dividends
  • $775Sale, 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
  • 8.95%Cost of funding earning assets
  • 4.10%Net interest margin
  • 4.86%Noninterest income to earning assets
  • 0.33%Noninterest expense to earning assets
  • 2.46%Net operating income to assets
  • 1.66%Return on assets (ROA)
  • 1.67%Pretax return on assets
  • 2.52%Return on equity (ROE)
  • 21.51%Retained earnings to average equity (YTD only)
  • 7.14%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 188.57%Efficiency ratio
  • 47,460Assets per employee
  • 2.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 66.81%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 236.90%Noncurrent assets plus other real estate owned to assets
  • 0.43%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 73.80%Net loans and leases to core deposits
  • 79.42%Equity capital to assets
  • 8.68%Core capital (leverage) ratio
  • 8.09%Tier 1 risk-based capital ratio
  • 13.92%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $69,625Average earning assets
  • $5,394Average equity
  • $66,711Average loans

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