First Peoples Bank, Inc. in city_name, state_name - Detailed Financial Reports, Location

First Peoples Bank, Inc. in Mullens, West Virginia (WV)
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First Peoples Bank, Inc. routing number info

First Peoples Bank, Inc. - Overview

General
FDIC Certificate #: 6173
Status: Active
Federal Reserve ID: 708333
Bank Holding Company (Regulatory Top Holder): Peoples Bankshares, Inc. (RSSDID: 1472211, Location: Mullens, WV)
Date Established: January 12, 1926
WWW: http://www.firstpeoplesbank.org
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 4157
Numeric code: 13
Regulator: FED
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: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 30, 2008
Last Structure Change Process Date: July 02, 2008
Last Data Update: July 02, 2008
Data Source Date: April 05, 2012
Location
Address: 200 First Street, Mullens, WV 25882
County: Wyoming
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
Name Change
Financial Summary
Total assets: $122.9 mil
Equity capital: $18.9 mil
Deposits held in domestic offices: $103.6 mil
Return on assets (ROA): 0.27% ($0.3 mil)
Quarterly return on assets: 0.29% ($0.4 mil)
Return on Equity (ROE): 1.72% ($0.3 mil)
Quarterly return on equity: 1.88% ($0.4 mil)
Net income: $0.3 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.37% ($454.7 mil)
Quarterly Pretax return on assets: 0.46% ($565.3 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
20Total employees (full-time equivalent)
$122,886Total assets
$24,577Cash and due from depository institutions
$20,672Interest-bearing balances
$66,313Securities
$0Federal funds sold & reverse repurchase agreements
$28,897Net loans & leases
$350Loan loss allowance
$0Trading account assets
$1,724Bank premises and fixed assets
$150Other real estate owned
$0Goodwill and other intangibles
$122,886Life insurance assets
$1,225All other assets
$103,946Total liabilities and capital
$103,566Total liabilities
$83,913Total deposits
$103,566Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$380Subordinated debt
$18,940All other liabilities
$18,940Total equity capital
$18,940Total bank equity capital
$0Perpetual preferred stock
$1,200Common stock
$1,200Surplus
$16,540Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$92Income earned, not collected on loans
$0Earning assets
$295Long-term assets (5+ years)
$115,882Average Assets, year-to-date
$22,009Average Assets, quarterly
$123,449Volatile liabilities
$124,446Insider loans
$68,649FHLB advances
$126,526Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$18,747Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,328Restructured Loans and leases
$860Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,728Total interest income
$734Total interest expense
$1,994Net interest income
$0Provision for loan and lease losses
$527Total noninterest income
$3Fiduciary activities
$311Service charges on deposit accounts
$0Trading account gains & fees
$213Additional noninterest income
$2,290Total noninterest expense
$1,047Salaries and employee benefits
$254Premises and equipment expense
$989Additional noninterest expense
$231Pre-tax net operating income
$229Securities gains (losses)
$128Applicable income taxes
$332Income before extraordinary items
$0Extraordinary gains - net
$332Net income attributable to bank
$0Net charge-offs
$332Cash dividends
$7Sale, conversion, retirement of capital stock, net
$442Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
2.34%Yield on earning assets
0.63%Cost of funding earning assets
1.71%Net interest margin
0.45%Noninterest income to earning assets
1.96%Noninterest expense to earning assets
0.14%Net operating income to assets
0.27%Return on assets (ROA)
0.37%Pretax return on assets
1.72%Return on equity (ROE)
-0.57%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
33.00%Efficiency ratio
90,837Assets per employee
6.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
133.13%Loss allowance to loans
1.20%Loss allowance to noncurrent loans
380.43%Noncurrent assets plus other real estate owned to assets
0.20%Noncurrent loans to loans
0.31%Net loans and leases to deposits
27.90%Net loans and leases to core deposits
28.49%Equity capital to assets
15.41%Core capital (leverage) ratio
14.82%Tier 1 risk-based capital ratio
27.31%Total risk-based capital ratio
Memoranda
$28Average assets
$123,449Average earning assets
$19,293Average equity
$116,698Average 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
$6,485Managed Assets
1Number of Accounts
$6,485Personal trust and agency accounts
$6,485Employee 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
$0Non-managed Assets
4Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

3 West Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	4157	First Peoples Bank, Inc.	200 First Street, Mullens, WV 25882	January 12, 1926	Full Service Brick and Mortar
1	208919	Pineville Branch	Williamson Avenue, Pineville, WV 24874	March 01, 1985	Full Service Brick and Mortar
2	492676	Macarthur Branch	123 Bethel Rd, Mac Arthur, WV 25873	December 15, 2008	Full Service Brick and Mortar

First Peoples Bank, Inc. in Mullens, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Peoples Bank, Inc. - 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 Peoples Bank, Inc. in Mullens, West Virginia (WV)Overview, Financial Summary, Detailed Financial Reports, Branches

First Peoples Bank, Inc. - 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 Peoples Bank, Inc. in Mullens, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches