City National Bank of West Virginia in Charleston, West Virginia (WV), KY, OH
Overview, Financial Summary, Detailed Financial Reports, Branches


City National Bank of West Virginia - Overview

  • General
  • FDIC Certificate #: 17735
    Status: Active
    Federal Reserve ID: 1011526
    Bank Holding Company (Regulatory Top Holder): City Holding Company (RSSDID: 1076262, Location: Cross Lanes, WV)
    Date Established: April 01, 1957
    WWW: http://www.citynational-bank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 68 (Domestic: 68, Interstate: Yes)
    OTS Docket #: 11051
    FDIC's unique #: 11692
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: April 01, 1957
    Last Structure Change Effective Date: April 01, 2006
    Last Structure Change Process Date: January 10, 2008
    Last Data Update: January 10, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 3601 Maccorkle Ave., Se, Charleston, WV 25304
    County: Kanawha
    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): Charleston, WV (#1480)
    Core Based Statistical Area (CBSA): Charleston, WV (#16620)
    CBSA Metro Statistical Area: Charleston, WV (#16620)
  • History of Changes
  • Corrections
    Change in Location
  • Financial Summary
  • Total assets: $2,753.2 mil
    Equity capital: $265.4 mil
    Deposits held in domestic offices: $2,223.1 mil
    Return on assets (ROA): 1.56% ($42.9 mil)
    Quarterly return on assets: 1.54% ($42.4 mil)
    Return on Equity (ROE): 15.86% ($42.0 mil)
    Quarterly return on equity: 15.72% ($41.7 mil)
    Net income: $41.8 mil
    Quarterly Net income: $10.4 mil
    Pretax return on assets: 2.33% ($64,148.7 mil)
    Quarterly Pretax return on assets: 2.28% ($62,772.2 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, 2011)

  • Dollar figures in thousands
  • 797Total employees (full-time equivalent)
  • $2,753,165Total assets
  • $146,017Cash and due from depository institutions
  • $5,258Interest-bearing balances
  • $367,064Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,952,916Net loans & leases
  • $19,409Loan loss allowance
  • $0Trading account assets
  • $60,345Bank premises and fixed assets
  • $7,948Other real estate owned
  • $56,164Goodwill and other intangibles
  • $2,753,165Life insurance assets
  • $162,711All other assets
  • $2,447,879Total liabilities and capital
  • $2,223,128Total liabilities
  • $1,852,243Total deposits
  • $2,223,128Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 174050.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,000Trading liabilities
  • $0Other borrowed funds
  • $35,701Subordinated debt
  • $305,286All other liabilities
  • $265,386Total equity capital
  • $265,386Total bank equity capital
  • $0Perpetual preferred stock
  • $619Common stock
  • $225,739Surplus
  • $39,028Undivided profits
  • Memoranda
  • $39,900Noncurrent loans and leases
  • $1,957Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $22,117Income earned, not collected on loans
  • $0Earning assets
  • $6,947Long-term assets (5+ years)
  • $2,325,238Average Assets, year-to-date
  • $645,733Average Assets, quarterly
  • $2,678,089Volatile liabilities
  • $2,707,193Insider loans
  • $2,024,314FHLB advances
  • $2,611,503Loans and leases held for sale
  • $86,244Unused loan commitments
  • $72,066Tier 1 (core) risk-based capital
  • $243,442Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $14,178Total unused commitments
  • $359,453Restructured Loans and leases
  • $61,687Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $111,944Total interest income
  • $20,838Total interest expense
  • $91,106Net interest income
  • $4,600Provision for loan and lease losses
  • $52,642Total noninterest income
  • $3,065Fiduciary activities
  • $26,185Service charges on deposit accounts
  • $0Trading account gains & fees
  • $23,392Additional noninterest income
  • $80,949Total noninterest expense
  • $40,559Salaries and employee benefits
  • $12,014Premises and equipment expense
  • $28,376Additional noninterest expense
  • $58,199Pre-tax net operating income
  • $3,401Securities gains (losses)
  • $20,690Applicable income taxes
  • $40,910Income before extraordinary items
  • $0Extraordinary gains - net
  • $41,820Net income attributable to bank
  • -$910Net charge-offs
  • $40,910Cash dividends
  • $3,415Sale, conversion, retirement of capital stock, net
  • $43,500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.81%Yield on earning assets
  • 0.89%Cost of funding earning assets
  • 3.91%Net interest margin
  • 2.26%Noninterest income to earning assets
  • 3.48%Noninterest expense to earning assets
  • 1.44%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 2.33%Pretax return on assets
  • 15.86%Return on equity (ROE)
  • -0.64%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 134.70%Credit loss provision to net charge-offs
  • 18.39%Efficiency ratio
  • 56,029Assets per employee
  • 3.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 104.02%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 87.76%Noncurrent assets plus other real estate owned to assets
  • 1.09%Noncurrent loans to loans
  • 1.12%Net loans and leases to deposits
  • 87.85%Net loans and leases to core deposits
  • 89.99%Equity capital to assets
  • 9.64%Core capital (leverage) ratio
  • 9.32%Tier 1 risk-based capital ratio
  • 12.03%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $2,678,089Average earning assets
  • $263,715Average equity
  • $2,328,504Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $579,964Managed Assets
  • 1Number of Accounts
  • $455,941Personal trust and agency accounts
  • $359,632Employee benefit-defined contribution accounts
  • $51,037Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $32,158Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $13,114Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1196Number of Accounts
  • $0Personal trust and agency accounts
  • $20,431Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $124,023Other retirement accounts
  • $11,933Corporate trust and agency accounts
  • $74,861Other fiduciary accounts
  • $8,687Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2003)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $59,8221-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans

List of branches

  • 8 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    8442718Ashland Branch344 17th St, Ashland, KY 41101January 01, 1910Full Service Brick and Mortar
    85277573Cedar Knoll Branch10700 Us 60 Hwy, Ashland, KY 41102May 11, 1998Full Service Brick and Mortar
    86277574Russell Branch1500 Diederich Boulevard, Russell, KY 41169March 09, 1998Full Service Brick and Mortar
    8745767Grayson Branch575 N.Carol Malone Boulevard, Grayson, KY 41143March 01, 1990Full Service Brick and Mortar
    89193957Suburban Branch603 South Mayo Trail, Paintsville, KY 41240January 18, 1971Full Service Brick and Mortar
    91361549Mayo Branch440 North Mayo Trail, Paintsville, KY 41240March 19, 2001Full Service Brick and Mortar
    92365254Greenup Branch1414 Ashland Road, Greenup, KY 41144March 29, 2002Full Service Brick and Mortar
    96444598Ashland Wal-Mart Branch351 River Hill Road, Ashland, KY 41101August 24, 2005Full Service Brick and Mortar
  • 3 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    75242641Chesapeake Branch1012 Rockwood Avenue, Chesapeake, OH 45619October 19, 1998Full Service Brick and Mortar
    9342302Ironton Branch506 Park Avenue, Ironton, OH 45638June 01, 1935Full Service Brick and Mortar
    94275128Proctorville Branch201 State Street, Proctorville, OH 45669June 01, 1935Full Service Brick and Mortar
  • 57 West Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011692City National Bank Of West Virginia3601 Maccorkle Ave., Se, Charleston, WV 25304April 01, 1957Full Service Brick and Mortar
    2242631Westside Branch120 Kanawha Boulevard, Charleston, WV 25302June 15, 1992Full Service Brick and Mortar
    3242632South Hills Branch1004 Bridge Road, Charleston, WV 25314Febuary 08, 1993Full Service Brick and Mortar
    4242633St. Albans Branch560 4th St., St. Albans, WV 25177July 19, 1993Full Service Brick and Mortar
    514324Cross Lanes Branch308 Goff Mountain Road, Cross Lanes, WV 25313July 05, 1972Full Service Brick and Mortar
    615833Winfield BranchOne Wall Street, Winfield, WV 25213July 17, 1978Full Service Brick and Mortar
    7186117Eleanor Branch946 Roosevelt Boulevard, Eleanor, WV 25070January 09, 1995Full Service Brick and Mortar
    9242634Marmet Branch9005 Maccorkle Avenue, Marmet, WV 25315April 01, 1996Full Service Brick and Mortar
    10242635Teays Valley Branch100 Poplar Fork Road, Scott Depot, WV 25560May 28, 1996Full Service Brick and Mortar
    15242636Dunbar Branch304 Tenth Street, Dunbar, WV 25064September 08, 1997Full Service Brick and Mortar
    174555Montgomery Branch4th Ave. & Washington, Montgomery, WV 25136April 27, 1910Full Service Brick and Mortar
    19212173Glasgow Branch102 Melrose Drive, Glasgow, WV 25086January 02, 1987Full Service Brick and Mortar
    204579Gauley Bridge Branch1 Main Street, Gauley Bridge, WV 25085September 17, 1910Full Service Brick and Mortar
    2147705Raleigh Street Branch420 South Raleigh Street, Martinsburg, WV 25401August 17, 1992Full Service Brick and Mortar
    22289827Aikens Center Branch231 Aikens Center, Martinsburg, WV 25401April 20, 1993Full Service Brick and Mortar
    24285555Berkeley Spring Branch149 N. Washington Street, Berkeley Springs, WV 25411September 17, 1973Full Service Brick and Mortar
    25285558Charles Town Branch1034 South George Street, Charles Town, WV 25414June 30, 1989Full Service Brick and Mortar
    264573Sutton Branch101 Second Street, Sutton, WV 26601December 09, 1909Full Service Brick and Mortar
    27212209Gassaway Branch324 Elk Street, Gassaway, WV 26624May 18, 1987Full Service Brick and Mortar
    28212210Flatwoods Branch1995 Sutton Lane, Sutton, WV 26601July 14, 1997Full Service Brick and Mortar
    30256543Wayne Branch206 Central Avenue, Wayne, WV 25570November 11, 1995Full Service Brick and Mortar
    34186118Bridgeport Branch1216 Johnson Avenue, Bridgeport, WV 26330December 04, 1995Full Service Brick and Mortar
    364162Ripley Branch108 Church Street N, Ripley, WV 25271August 10, 1891Full Service Brick and Mortar
    3814638Rainelle Branch1218 Main Street, Rainelle, WV 25962July 26, 1973Full Service Brick and Mortar
    43252391Beaver Branch212 Airport Road, Beaver, WV 25813January 17, 1995Full Service Brick and Mortar
    44252392Eisenhower Drive902 North Eisenhower Drive, Beckley, WV 25801May 08, 1995Full Service Brick and Mortar
    4513276Point Pleasant2212 Jackson Avenue, Point Pleasant, WV 25550September 01, 1965Full Service Brick and Mortar
    468223New Haven Branch413 Fifth Street, New Haven, WV 25265January 19, 1919Full Service Brick and Mortar
    47228743Mason BranchSecond And Brown Streets, Mason, WV 25260July 06, 1983Full Service Brick and Mortar
    48242638Inwood Branch14 Sader Drive, Inwood, WV 25428Febuary 09, 1998Full Service Brick and Mortar
    514551Marlinton Branch300 Eighth Street, Marlinton, WV 24954January 01, 1933Full Service Brick and Mortar
    524528Lewisburg Branch109 South Jefferson Street, Lewisburg, WV 24901January 01, 1902Full Service Brick and Mortar
    53212089Rupert Branch709 Nicholas Street, Rupert, WV 25984October 18, 1982Full Service Brick and Mortar
    54527Alderson Branch601 Alta Drive, Alderson, WV 24910May 10, 1930Full Service Brick and Mortar
    56212116Super Mny Mkt-Krog Store #765 BranchUs Route 219, #10 Red Oak Shopping Center, Ronceverte, WV 24970March 13, 1991Full Service Brick and Mortar
    57212090North Lewisburg Branch130 Piercy Drive, Lewisburg, WV 24901March 31, 1997Full Service Brick and Mortar
    59212138Hinton Branch515 Stokes Drive, Hinton, WV 25951November 25, 1983Full Service Brick and Mortar
    609623Huntington Branch1900 Third Avenue, Huntington, WV 25703September 11, 1905Full Service Brick and Mortar
    61233606Fifth Avenue Facility1751 5th Avenue, Huntington, WV 25703July 25, 1977Full Service Brick and Mortar
    628090Milton Branch1041 Church Street, Milton, WV 25541September 08, 1904Full Service Brick and Mortar
    64233607Huntington Branch5263 U.S. Route 60 East, Huntington, WV 25705June 26, 1991Full Service Brick and Mortar
    65233608Hamlin Branch8028 Lynn Avenue, Hamlin, WV 25523December 06, 1995Full Service Brick and Mortar
    661597Beckley BranchOne Park Avenue, Beckley, WV 25801May 01, 1899Full Service Brick and Mortar
    67192656Main-Kanawha Branch101 So. Kanawha Street, Beckley, WV 25801November 08, 1976Full Service Brick and Mortar
    6816426Crossroads BranchU.S. Route 19 North, Bradley, WV 25818April 29, 1981Full Service Brick and Mortar
    732786901723 Harper Road Branch1723 Harper Road, Beckley, WV 25801January 01, 1939Full Service Brick and Mortar
    78242644Hamlin Branch6888 Mcclellan Street, West Hamlin, WV 25571April 26, 1999Full Service Brick and Mortar
    82432898Southridge Walmart Center Branch2700 Montaineer Blvd., South Charleston, WV 25309September 22, 2004Full Service Retail
    83441092Sophia Wal-Mart Branch1881 Robert C. Byrd Drive, Beckley, WV 25801May 25, 2005Full Service Retail
    97451401Potomac Market Plaza75 West Virginia Way, Ranson, WV 25438May 01, 2005Full Service Brick and Mortar
    98453751Downtown Charleston Branch10 Hale Street, Charleston, WV 25301March 27, 2006Full Service Brick and Mortar
    99465863Ripley Wal-Mart Branch200 Academy Drive, Ripley, WV 25271March 14, 2007Full Service Retail
    100467795King Street Branch1700 West King Street, Martinsburg, WV 25401July 02, 2007Full Service Brick and Mortar
    101470142Princeton Branch191 Greasy Ridge Road, Princeton, WV 24740November 26, 2007Full Service Brick and Mortar
    102494362Hurricane Branch39 Raymond Peak Way, Hurricane, WV 25526September 26, 2008Full Service Brick and Mortar
    103510943Clarksburg Branch115 West Main Street, Clarksburg, WV 26301January 06, 2010Full Service Brick and Mortar
    104513392South Charleston Branch4110 Maccorkle Avenue, Sw, South Charleston, WV 25309September 01, 2010Full Service Brick and Mortar

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