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

First Sentry Bank, Inc. in Huntington, West Virginia (WV)
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First Sentry Bank, Inc. routing number info

First Sentry Bank, Inc. - Overview

General
FDIC Certificate #: 34241
Status: Active
Federal Reserve ID: 2506757
Bank Holding Company (Regulatory Top Holder): First Sentry Bancshares, Inc. (RSSDID: 3065774, Location: Huntington, WV)
Date Established: October 23, 1996
WWW: http://www.firstsentry.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 57000
Numeric code: 21
Regulator: FDIC
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: Commercial Lending Specialization
Date of Deposit Insurance: October 23, 1996
Last Structure Change Effective Date: September 26, 2009
Last Structure Change Process Date: October 09, 2009
Last Data Update: October 09, 2009
Data Source Date: April 05, 2012
Location
Address: 823 Eighth Street, Huntington, WV 25701
County: Cabell
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): Huntington-Ashland, WV-KY-OH (#3400)
Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580)
CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580)
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $496.1 mil
Equity capital: $40.5 mil
Deposits held in domestic offices: $401.8 mil
Return on assets (ROA): 0.66% ($3.3 mil)
Quarterly return on assets: 0.54% ($2.7 mil)
Return on Equity (ROE): 8.18% ($3.4 mil)
Quarterly return on equity: 6.60% ($2.7 mil)
Net income: $3.2 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 0.91% ($4,514.1 mil)
Quarterly Pretax return on assets: 0.72% ($3,571.6 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
77Total employees (full-time equivalent)
$496,053Total assets
$13,870Cash and due from depository institutions
$4,499Interest-bearing balances
$110,821Securities
$255Federal funds sold & reverse repurchase agreements
$351,912Net loans & leases
$5,855Loan loss allowance
$0Trading account assets
$6,417Bank premises and fixed assets
$1,999Other real estate owned
$2,813Goodwill and other intangibles
$496,053Life insurance assets
$7,966All other assets
$455,537Total liabilities and capital
$401,848Total liabilities
$338,451Total deposits
$401,848Interest-bearing deposits
$87Deposits held in domestic offices
21263.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$31,221Trading liabilities
$0Other borrowed funds
$1,205Subordinated debt
$40,516All other liabilities
$40,516Total equity capital
$40,516Total bank equity capital
$0Perpetual preferred stock
$60Common stock
$25,544Surplus
$14,912Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,463Income earned, not collected on loans
$142Earning assets
$2,035Long-term assets (5+ years)
$467,487Average Assets, year-to-date
$146,844Average Assets, quarterly
$491,788Volatile liabilities
$496,969Insider loans
$341,566FHLB advances
$508,170Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$37,379Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$61,284Restructured Loans and leases
$16,747Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$22,084Total interest income
$5,779Total interest expense
$16,305Net interest income
$3,567Provision for loan and lease losses
$1,211Total noninterest income
$0Fiduciary activities
$814Service charges on deposit accounts
$0Trading account gains & fees
$397Additional noninterest income
$9,640Total noninterest expense
$4,357Salaries and employee benefits
$1,079Premises and equipment expense
$4,204Additional noninterest expense
$4,309Pre-tax net operating income
$178Securities gains (losses)
$1,260Applicable income taxes
$3,227Income before extraordinary items
$0Extraordinary gains - net
$3,227Net income attributable to bank
$0Net charge-offs
$3,227Cash dividends
$2,717Sale, conversion, retirement of capital stock, net
$1,366Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.81%Yield on earning assets
1.26%Cost of funding earning assets
3.55%Net interest margin
0.26%Noninterest income to earning assets
2.10%Noninterest expense to earning assets
0.63%Net operating income to assets
0.66%Return on assets (ROA)
0.91%Pretax return on assets
8.18%Return on equity (ROE)
4.72%Retained earnings to average equity (YTD only)
0.76%Net charge-offs to loans
131.28%Credit loss provision to net charge-offs
2.90%Efficiency ratio
55,035Assets per employee
6.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
42.33%Loss allowance to loans
1.64%Loss allowance to noncurrent loans
69.18%Noncurrent assets plus other real estate owned to assets
2.11%Noncurrent loans to loans
2.37%Net loans and leases to deposits
87.57%Net loans and leases to core deposits
116.30%Equity capital to assets
8.17%Core capital (leverage) ratio
7.36%Tier 1 risk-based capital ratio
10.94%Total risk-based capital ratio
Memoranda
$12Average assets
$491,788Average earning assets
$39,461Average equity
$458,945Average loans

List of branches

4 West Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	57000	First Sentry Bank, Inc.	823 Eighth Street, Huntington, WV 25701	October 23, 1996	Full Service Brick and Mortar
1	432078	Mud River Road Branch	6501 Mud River Road, Barboursville, WV 25504	July 07, 2004	Full Service Brick and Mortar
3	334439	U.S. Route 60 East Branch	5604 U.S. Route 60 East, Huntington, WV 25705	April 17, 2000	Full Service Brick and Mortar
4	452945	Hamiln Office Branch	5 Second Street, Hamlin, WV 25523	May 17, 2006	Full Service Brick and Mortar

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

First Sentry Bank, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

First Sentry Bank, Inc. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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