Beckley Federal Savings Bank in Beckley, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 30, 1997

  • Beckley Federal Savings Bank in Beckley, West Virginia (WV)
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Beckley Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 30114
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of Raleigh (#2442)
    Federal Reserve ID: 928672
    Date Established: January 01, 1939
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4773
    FDIC's unique #: 42948
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: May 10, 1940
    Last Structure Change Effective Date: September 30, 1997
    Last Structure Change Process Date: November 06, 1997
    Last Data Update: November 06, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 Main Street, Beckley, WV 25801
    County: Raleigh
    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
    Combined Statistical Area (CSA): Beckley-Oak Hill, WV (#138)
    Core Based Statistical Area (CBSA): Beckley, WV (#13220)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $45.0 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)
  • $14Total assets
  • $45,976Cash and due from depository institutions
  • $1,250Interest-bearing balances
  • $916Securities
  • $23,478Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $20,182Loan loss allowance
  • $303Trading account assets
  • $0Bank premises and fixed assets
  • $551Other real estate owned
  • $0Goodwill and other intangibles
  • $515Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $45,976Total liabilities
  • $37,967Total deposits
  • $32,598Interest-bearing deposits
  • $32,344Deposits held in domestic offices
  • 32598.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $5,163Subordinated debt
  • $0All other liabilities
  • $206Total equity capital
  • $206Total bank equity capital
  • $8,009Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $2,837Undivided profits
  • Memoranda
  • $5,171Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $107Income earned, not collected on loans
  • $117Earning assets
  • $44,576Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $45,036Average Assets, quarterly
  • $45,475Volatile liabilities
  • $9,109Insider loans
  • $289FHLB advances
  • $2,000Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,723Total risk weighted assets
  • $18,790Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,082Total interest expense
  • $1,523Net interest income
  • $1,559Provision for loan and lease losses
  • $52Total noninterest income
  • $76Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $76Total noninterest expense
  • $1,243Salaries and employee benefits
  • $631Premises and equipment expense
  • $192Additional noninterest expense
  • $420Pre-tax net operating income
  • $340Securities gains (losses)
  • $26Applicable income taxes
  • $137Income before extraordinary items
  • $229Extraordinary gains - net
  • $0Net income attributable to bank
  • $229Net charge-offs
  • $4Cash dividends
  • $358Sale, 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
  • 7.06%Cost of funding earning assets
  • 3.49%Net interest margin
  • 3.57%Noninterest income to earning assets
  • 0.17%Noninterest expense to earning assets
  • 2.85%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 0.81%Return on equity (ROE)
  • 2.88%Retained earnings to average equity (YTD only)
  • -1.62%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • 1300.00%Efficiency ratio
  • 76,024Assets per employee
  • 3.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 156.33%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 283.18%Noncurrent assets plus other real estate owned to assets
  • 0.23%Noncurrent loans to loans
  • 0.52%Net loans and leases to deposits
  • 61.91%Net loans and leases to core deposits
  • 70.44%Equity capital to assets
  • 17.42%Core capital (leverage) ratio
  • 16.90%Tier 1 risk-based capital ratio
  • 41.10%Total risk-based capital ratio
  • Memoranda
  • $42Average assets
  • $45,036Average earning assets
  • $7,955Average equity
  • $43,660Average loans

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