F & M Bank-West Virginia, Inc. in Ranson, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 16, 2002

  • F & M Bank-West Virginia, Inc. in Ranson, West Virginia (WV)
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F & M Bank-West Virginia, Inc. - Overview

  • General
  • FDIC Certificate #: 16804
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company (#9846)
    Federal Reserve ID: 834531
    Date Established: July 01, 1949
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 9 (Interstate: No)
    OTS Docket #: 12124
    FDIC's unique #: 10911
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1949
    Last Structure Change Effective Date: March 16, 2002
    Last Structure Change Process Date: April 04, 2002
    Last Data Update: April 04, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: North Mildred Street, Ranson, WV 25438
    County: Jefferson
    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): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • Financial Summary
  • Total assets: $224.5 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, 2001)

  • Dollar figures in thousands
  • 95Total employees (full-time equivalent)
  • $224,476Total assets
  • $12,228Cash and due from depository institutions
  • $0Interest-bearing balances
  • $49,762Securities
  • $40,510Federal funds sold & reverse repurchase agreements
  • $112,932Net loans & leases
  • $9,246Loan loss allowance
  • $0Trading account assets
  • $3,204Bank premises and fixed assets
  • $353Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $5,487All other assets
  • $224,476Total liabilities and capital
  • $188,363Total liabilities
  • $186,699Total deposits
  • $175,965Interest-bearing deposits
  • $186,699Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $534Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,130All other liabilities
  • $36,113Total equity capital
  • $36,113Total bank equity capital
  • $36,113Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $9,500Undivided profits
  • Memoranda
  • $26,113Noncurrent loans and leases
  • $29,125Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,881Earning assets
  • $382Long-term assets (5+ years)
  • $1,196Average Assets, year-to-date
  • $203,204Average Assets, quarterly
  • $12,514Volatile liabilities
  • $283,629Insider loans
  • $259,759FHLB advances
  • $15,510Loans and leases held for sale
  • $74Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $29,125Total unused commitments
  • $0Restructured Loans and leases
  • $1,510Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $19,581Total interest income
  • $7,757Total interest expense
  • $11,824Net interest income
  • $9,545Provision for loan and lease losses
  • $8,155Total noninterest income
  • $0Fiduciary activities
  • $1,361Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6,794Additional noninterest income
  • $9,235Total noninterest expense
  • $3,949Salaries and employee benefits
  • $2,177Premises and equipment expense
  • $3,109Additional noninterest expense
  • $1,199Pre-tax net operating income
  • $173Securities gains (losses)
  • $444Applicable income taxes
  • $928Income before extraordinary items
  • $0Extraordinary gains - net
  • $928Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,485Sale, conversion, retirement of capital stock, net
  • $725Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.60%Yield on earning assets
  • 3.01%Cost of funding earning assets
  • 4.59%Net interest margin
  • 3.17%Noninterest income to earning assets
  • 3.58%Noninterest expense to earning assets
  • 0.29%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.48%Pretax return on assets
  • 2.67%Return on equity (ROE)
  • 0.58%Retained earnings to average equity (YTD only)
  • 1.46%Net charge-offs to loans
  • 384.10%Credit loss provision to net charge-offs
  • 4.32%Efficiency ratio
  • 46,224Assets per employee
  • 2.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 78.13%Loss allowance to loans
  • 7.57%Loss allowance to noncurrent loans
  • 238.24%Noncurrent assets plus other real estate owned to assets
  • 1.89%Noncurrent loans to loans
  • 3.18%Net loans and leases to deposits
  • 60.49%Net loans and leases to core deposits
  • 65.76%Equity capital to assets
  • 16.09%Core capital (leverage) ratio
  • 12.96%Tier 1 risk-based capital ratio
  • 31.11%Total risk-based capital ratio
  • Memoranda
  • $32Average assets
  • $283,629Average earning assets
  • $34,771Average equity
  • $257,606Average loans

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