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



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First Sentry Bank, Inc. routing number info

Table of contents:
First Sentry Bank, Inc.
GeneralFDIC 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
LocationAddress: 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 ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal 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)
Total employees (full-time equivalent)77
Total assets$496,053
Cash and due from depository institutions$13,870
Interest-bearing balances$4,499
Securities$110,821
Federal funds sold & reverse repurchase agreements$255
Net loans & leases$351,912
Loan loss allowance $5,855
Trading account assets$0
Bank premises and fixed assets$6,417
Other real estate owned$1,999
Goodwill and other intangibles$2,813
All other assets$7,966
Life insurance assets$496,053
Total liabilities and capital$455,537
Total liabilities$401,848
Total deposits$338,451
Interest-bearing deposits$401,848
Deposits held in domestic offices$87
% insured (estimated)21263.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$31,221
Other borrowed funds $0
Subordinated debt $1,205
All other liabilities $40,516
Total equity capital$40,516
Total bank equity capital$40,516
Perpetual preferred stock$0
Common stock$60
Surplus$25,544
Undivided profits $14,912
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $8,463
Earning assets $142
Long-term assets (5+ years) $2,035
Average Assets, year-to-date $467,487
Average Assets, quarterly $146,844
Volatile liabilities $491,788
Insider loans $496,969
FHLB advances $341,566
Loans and leases held for sale $508,170
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $37,379
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $61,284
Derivatives$16,747
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $22,084
Total interest expense $5,779
Net interest income $16,305
Provision for loan and lease losses $3,567
Total noninterest income $1,211
Fiduciary activities $0
Service charges on deposit accounts $814
Trading account gains & fees $0
Additional noninterest income $397
Total noninterest expense $9,640
Salaries and employee benefits $4,357
Premises and equipment expense $1,079
Additional noninterest expense $4,204
Pre-tax net operating income $4,309
Securities gains (losses) $178
Applicable income taxes $1,260
Income before extraordinary items $3,227
Extraordinary gains - net $0
Net income attributable to bank $3,227
Net charge-offs $0
Cash dividends $3,227
Sale, conversion, retirement of capital stock, net $2,717
Net operating income $1,366
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.81%
Cost of funding earning assets 1.26%
Net interest margin 3.55%
Noninterest income to earning assets 0.26%
Noninterest expense to earning assets 2.10%
Net operating income to assets 0.63%
Return on assets (ROA) 0.66%
Pretax return on assets 0.91%
Return on equity (ROE) 8.18%
Retained earnings to average equity (YTD only) 4.72%
Net charge-offs to loans 0.76%
Credit loss provision to net charge-offs 131.28%
Efficiency ratio2.90%
Assets per employee$55,035
Cash dividends to net income (YTD only)6.44%
Condition Ratios (%)
Loss allowance to loans 42.33%
Loss allowance to noncurrent loans 1.64%
Noncurrent assets plus other real estate owned to assets 69.18%
Noncurrent loans to loans 2.11%
Net loans and leases to deposits2.37%
Net loans and leases to core deposits 87.57%
Equity capital to assets 116.30%
Core capital (leverage) ratio 8.17%
Tier 1 risk-based capital ratio 7.36%
Total risk-based capital ratio 10.94%
Memoranda
Average assets$12
Average earning assets$491,788
Average equity $39,461
Average loans $458,945
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4 West Virginia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
057000First Sentry Bank, Inc.823 Eighth Street, Huntington, WV 25701October 23, 1996Full Service Brick and Mortar
1432078Mud River Road Branch6501 Mud River Road, Barboursville, WV 25504July 07, 2004Full Service Brick and Mortar
3334439U.S. Route 60 East Branch5604 U.S. Route 60 East, Huntington, WV 25705April 17, 2000Full Service Brick and Mortar
4452945Hamiln Office Branch5 Second Street, Hamlin, WV 25523May 17, 2006Full Service Brick and Mortar
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