First National Bank in city_name, state_name - Detailed Financial Reports, Location

First National Bank in Ronceverte, West Virginia (WV), VA
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First National Bank - Overview

General
FDIC Certificate #: 6795
Status: Active
Federal Reserve ID: 4437
Bank Holding Company (Regulatory Top Holder): First National Bankshares Corporation (RSSDID: 1142840, Location: Ronceverte, WV)
Date Established: January 01, 1933
WWW: http://www.fnbwvva.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: 6 (Domestic: 6, Interstate: Yes)
OTS Docket #: 13423
FDIC's unique #: 4567
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: January 01, 1934
Last Structure Change Effective Date: June 02, 2010
Last Structure Change Process Date: June 02, 2010
Last Data Update: June 02, 2010
Data Source Date: April 05, 2012
Location
Address: One Cedar Street, Ronceverte, WV 24970
County: Greenbrier
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
History of Changes
Change in Location
Financial Summary
Total assets: $264.5 mil
Equity capital: $26.6 mil
Deposits held in domestic offices: $231.4 mil
Return on assets (ROA): 0.33% ($0.9 mil)
Quarterly return on assets: -0.78% (-$2.1 mil)
Return on Equity (ROE): 3.27% ($0.9 mil)
Quarterly return on equity: -7.55% (-$2.0 mil)
Net income: $0.9 mil
Quarterly Net income: -$0.5 mil
Pretax return on assets: 0.31% ($820.0 mil)
Quarterly Pretax return on assets: -1.41% (-$3,729.6 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
57Total employees (full-time equivalent)
$264,513Total assets
$16,194Cash and due from depository institutions
$9,731Interest-bearing balances
$93,064Securities
$0Federal funds sold & reverse repurchase agreements
$140,439Net loans & leases
$3,216Loan loss allowance
$0Trading account assets
$5,390Bank premises and fixed assets
$1,570Other real estate owned
$0Goodwill and other intangibles
$264,513Life insurance assets
$7,856All other assets
$237,890Total liabilities and capital
$231,422Total liabilities
$204,846Total deposits
$231,422Interest-bearing deposits
$89Deposits held in domestic offices
2172.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,389Trading liabilities
$0Other borrowed funds
$907Subordinated debt
$26,623All other liabilities
$26,623Total equity capital
$26,623Total bank equity capital
$0Perpetual preferred stock
$963Common stock
$3,750Surplus
$21,910Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9,351Income earned, not collected on loans
$0Earning assets
$973Long-term assets (5+ years)
$243,234Average Assets, year-to-date
$62,520Average Assets, quarterly
$262,758Volatile liabilities
$262,985Insider loans
$158,551FHLB advances
$260,581Loans and leases held for sale
$4,081Unused loan commitments
$4,081Tier 1 (core) risk-based capital
$25,126Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$16,218Restructured Loans and leases
$10,871Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,043Total interest income
$2,605Total interest expense
$8,438Net interest income
$2,390Provision for loan and lease losses
$1,195Total noninterest income
$8Fiduciary activities
$622Service charges on deposit accounts
$0Trading account gains & fees
$565Additional noninterest income
$6,698Total noninterest expense
$3,049Salaries and employee benefits
$859Premises and equipment expense
$2,790Additional noninterest expense
$545Pre-tax net operating income
$263Securities gains (losses)
-$54Applicable income taxes
$862Income before extraordinary items
$0Extraordinary gains - net
$862Net income attributable to bank
$0Net charge-offs
$862Cash dividends
$2,529Sale, conversion, retirement of capital stock, net
$559Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.55%Yield on earning assets
1.07%Cost of funding earning assets
3.48%Net interest margin
0.49%Noninterest income to earning assets
2.76%Noninterest expense to earning assets
0.23%Net operating income to assets
0.33%Return on assets (ROA)
0.31%Pretax return on assets
3.27%Return on equity (ROE)
1.15%Retained earnings to average equity (YTD only)
1.69%Net charge-offs to loans
94.50%Credit loss provision to net charge-offs
1.16%Efficiency ratio
69,532Assets per employee
4.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
64.85%Loss allowance to loans
2.24%Loss allowance to noncurrent loans
34.39%Noncurrent assets plus other real estate owned to assets
4.13%Noncurrent loans to loans
6.51%Net loans and leases to deposits
60.69%Net loans and leases to core deposits
64.75%Equity capital to assets
10.06%Core capital (leverage) ratio
9.64%Tier 1 risk-based capital ratio
15.85%Total risk-based capital ratio
Memoranda
$17Average assets
$262,758Average earning assets
$26,355Average equity
$242,597Average 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
$10,202Managed Assets
1Number of Accounts
$3,301Personal trust and agency accounts
$3,063Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$238Non-managed Assets
21Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$6,901Other retirement accounts
$5,979Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

2 Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
3	363093	Covington Branch	141 - 155 N. Court Street, Covington, VA 24426	Febuary 04, 2002	Full Service Brick and Mortar
5	433872	First National Bank Branch	5 Main Street, Hot Springs, VA 24445	December 03, 2004	Full Service Brick and Mortar

4 West Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	4567	First National Bank	One Cedar Street, Ronceverte, WV 24970	January 01, 1933	Full Service Brick and Mortar
1	212203	Lewisburg Branch	799 North Jefferson Street, Lewisburg, WV 24901	March 24, 1986	Full Service Brick and Mortar
6	452493	First National Bank-Wss Branch	901 East Main Street, White Sulphur Springs, WV 24986	May 31, 2006	Full Service Brick and Mortar
7	493045	First National Bank - Downtown Lewis	202 E. Washington Street, Lewisburg, WV 24901	November 15, 2008	Full Service Brick and Mortar

First National Bank in Ronceverte, West Virginia (WV), VA
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

First National Bank in Ronceverte, West Virginia (WV), VAOverview, Financial Summary, Detailed Financial Reports, Branches

First National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

First National Bank in Ronceverte, West Virginia (WV), VA
Overview, Financial Summary, Detailed Financial Reports, Branches