Belmont National Bank in Wheeling, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 03, 2005

  • Belmont National Bank in Wheeling, West Virginia (WV)
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Belmont National Bank - Overview

  • General
  • FDIC Certificate #: 14043
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sky Bank (#5982)
    Federal Reserve ID: 101327
    Date Established: January 01, 1846
    WWW: http://www.belmontbank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 10 (Interstate: No)
    OTS Docket #: 10997
    FDIC's unique #: 8779
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: March 07, 1934
    Last Structure Change Effective Date: June 03, 2005
    Last Structure Change Process Date: August 05, 2005
    Last Data Update: August 05, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 980 National Road, Wheeling, WV 26003
    County: Ohio
    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
    Metropolitan Statistical Area (MSA): Wheeling, WV-OH (#9000)
    Core Based Statistical Area (CBSA): Wheeling, WV-OH (#48540)
    CBSA Metro Statistical Area: Wheeling, WV-OH (#48540)
  • Financial Summary
  • Total assets: $291.0 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, 2004)

  • Dollar figures in thousands
  • 135Total employees (full-time equivalent)
  • $299,435Total assets
  • $7,839Cash and due from depository institutions
  • $68Interest-bearing balances
  • $92,227Securities
  • $10,650Federal funds sold & reverse repurchase agreements
  • $172,106Net loans & leases
  • $3,007Loan loss allowance
  • $0Trading account assets
  • $6,944Bank premises and fixed assets
  • $144Other real estate owned
  • $277Goodwill and other intangibles
  • $0Life insurance assets
  • $9,248All other assets
  • $299,435Total liabilities and capital
  • $270,976Total liabilities
  • $233,076Total deposits
  • $196,802Interest-bearing deposits
  • $233,076Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,717Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $35,051Other borrowed funds
  • $0Subordinated debt
  • $1,132All other liabilities
  • $28,459Total equity capital
  • $28,459Total bank equity capital
  • $28,459Perpetual preferred stock
  • $0Common stock
  • $3,120Surplus
  • $14,099Undivided profits
  • Memoranda
  • $11,240Noncurrent loans and leases
  • $22,262Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,359Earning assets
  • $31Long-term assets (5+ years)
  • $1,172Average Assets, year-to-date
  • $275,051Average Assets, quarterly
  • $89,678Volatile liabilities
  • $298,679Insider loans
  • $296,603FHLB advances
  • $12,803Loans and leases held for sale
  • $6,404Unused loan commitments
  • $35,051Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $276Total risk weighted assets
  • $22,262Total unused commitments
  • $0Restructured Loans and leases
  • $2,556Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $14,904Total interest income
  • $4,500Total interest expense
  • $10,404Net interest income
  • -$555Provision for loan and lease losses
  • $2,802Total noninterest income
  • $593Fiduciary activities
  • $1,339Service charges on deposit accounts
  • $0Trading account gains & fees
  • $870Additional noninterest income
  • $9,872Total noninterest expense
  • $5,206Salaries and employee benefits
  • $1,571Premises and equipment expense
  • $3,095Additional noninterest expense
  • $3,889Pre-tax net operating income
  • $123Securities gains (losses)
  • $1,195Applicable income taxes
  • $2,817Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,817Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$262Sale, conversion, retirement of capital stock, net
  • $6,111Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.47%Yield on earning assets
  • 1.65%Cost of funding earning assets
  • 3.82%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 3.62%Noninterest expense to earning assets
  • 0.91%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 9.41%Return on equity (ROE)
  • -11.00%Retained earnings to average equity (YTD only)
  • -0.15%Net charge-offs to loans
  • 211.83%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 74,754Assets per employee
  • 2.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 216.93%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 89.52%Noncurrent assets plus other real estate owned to assets
  • 1.17%Noncurrent loans to loans
  • 1.92%Net loans and leases to deposits
  • 73.84%Net loans and leases to core deposits
  • 77.35%Equity capital to assets
  • 9.50%Core capital (leverage) ratio
  • 8.82%Tier 1 risk-based capital ratio
  • 12.84%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $298,679Average earning assets
  • $29,946Average equity
  • $272,493Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $81,798Managed Assets
  • 1Number of Accounts
  • $79,595Personal trust and agency accounts
  • $63,500Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $5,511Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $10,584Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 251Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,203Other retirement accounts
  • $5Corporate trust and agency accounts
  • $717Other fiduciary accounts
  • $1,270Fiduciary accounts held in foreign offices

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