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

This bank is inactive as of April 12, 1999

  • First National Bank in Marlinton in Marlinton, West Virginia (WV)
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First National Bank in Marlinton - Overview

  • General
  • FDIC Certificate #: 6774
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank of West Virginia (#17735)
    Federal Reserve ID: 762139
    Date Established: January 01, 1933
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 4551
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 12, 1999
    Last Structure Change Process Date: May 14, 1999
    Last Data Update: May 14, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 306 Eighth Street, Marlinton, WV 24954
    County: Pocahontas
    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
  • Financial Summary
  • Total assets: $83.4 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 23Total employees (full-time equivalent)
  • $77,921Total assets
  • $2,299Cash and due from depository institutions
  • $0Interest-bearing balances
  • $12,215Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $60,326Net loans & leases
  • $659Loan loss allowance
  • $0Trading account assets
  • $2,052Bank premises and fixed assets
  • $92Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $937All other assets
  • $77,921Total liabilities and capital
  • $70,085Total liabilities
  • $61,059Total deposits
  • $51,121Interest-bearing deposits
  • $61,059Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,739Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,000Other borrowed funds
  • $0Subordinated debt
  • $287All other liabilities
  • $7,836Total equity capital
  • $7,836Total bank equity capital
  • $7,836Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $500Undivided profits
  • Memoranda
  • $6,936Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $431Earning assets
  • $0Long-term assets (5+ years)
  • $422Average Assets, year-to-date
  • $72,541Average Assets, quarterly
  • $10,357Volatile liabilities
  • $75,492Insider loans
  • $77,933FHLB advances
  • $16,731Loans and leases held for sale
  • $864Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,858Total unused commitments
  • $0Restructured Loans and leases
  • $56,496Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $6,071Total interest income
  • $2,829Total interest expense
  • $3,242Net interest income
  • $145Provision for loan and lease losses
  • $448Total noninterest income
  • $0Fiduciary activities
  • $256Service charges on deposit accounts
  • $0Trading account gains & fees
  • $192Additional noninterest income
  • $1,855Total noninterest expense
  • $883Salaries and employee benefits
  • $243Premises and equipment expense
  • $729Additional noninterest expense
  • $1,690Pre-tax net operating income
  • $0Securities gains (losses)
  • $629Applicable income taxes
  • $1,061Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,061Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $151Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.60%Yield on earning assets
  • 4.01%Cost of funding earning assets
  • 4.59%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • 1.41%Net operating income to assets
  • 1.41%Return on assets (ROA)
  • 2.24%Pretax return on assets
  • 14.56%Return on equity (ROE)
  • 14.56%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 96.03%Credit loss provision to net charge-offs
  • 12.15%Efficiency ratio
  • 50,271Assets per employee
  • 3.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 152.90%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 0.71%Net loans and leases to deposits
  • 98.80%Net loans and leases to core deposits
  • 118.13%Equity capital to assets
  • 10.06%Core capital (leverage) ratio
  • 9.90%Tier 1 risk-based capital ratio
  • 13.82%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $75,492Average earning assets
  • $7,289Average equity
  • $70,562Average loans

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