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)
  • Show street view No street view available for this location

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

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Belmont National Bank.
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.
Table of Contents