Guaranty Bank & Trust Company in Huntington, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 26, 2009

  • Guaranty Bank & Trust Company in Huntington, West Virginia (WV)
  • Show street view No street view available for this location

Guaranty Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 34842
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Sentry Bank, Inc. (#34241)
    Federal Reserve ID: 2793883
    Date Established: March 24, 1999
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 61798
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 24, 1999
    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: 517 Ninth 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)
  • Financial Summary
  • Total assets: $138.7 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, 2008)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $142,541Total assets
  • $2,762Cash and due from depository institutions
  • $35Interest-bearing balances
  • $27,789Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $107,469Net loans & leases
  • $1,325Loan loss allowance
  • $0Trading account assets
  • $2,251Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,270All other assets
  • $142,541Total liabilities and capital
  • $130,089Total liabilities
  • $106,731Total deposits
  • $89,350Interest-bearing deposits
  • $106,731Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $11,179Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,000Other borrowed funds
  • $0Subordinated debt
  • $179All other liabilities
  • $12,452Total equity capital
  • $12,452Total bank equity capital
  • $12,452Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $10,614Undivided profits
  • Memoranda
  • $1,438Noncurrent loans and leases
  • $22,082Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $154Earning assets
  • $0Long-term assets (5+ years)
  • $706Average Assets, year-to-date
  • $135,293Average Assets, quarterly
  • $40,183Volatile liabilities
  • $140,717Insider loans
  • $143,704FHLB advances
  • $49,982Loans and leases held for sale
  • $6,645Unused loan commitments
  • $12,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $22,082Total unused commitments
  • $0Restructured Loans and leases
  • $1,325Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $8,437Total interest income
  • $3,806Total interest expense
  • $4,631Net interest income
  • $220Provision for loan and lease losses
  • $394Total noninterest income
  • $0Fiduciary activities
  • $203Service charges on deposit accounts
  • $0Trading account gains & fees
  • $191Additional noninterest income
  • $4,031Total noninterest expense
  • $1,762Salaries and employee benefits
  • $704Premises and equipment expense
  • $1,565Additional noninterest expense
  • $774Pre-tax net operating income
  • -$867Securities gains (losses)
  • -$205Applicable income taxes
  • $112Income before extraordinary items
  • $0Extraordinary gains - net
  • $112Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $137Sale, conversion, retirement of capital stock, net
  • $337Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.35%Yield on earning assets
  • 2.86%Cost of funding earning assets
  • 3.48%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 3.03%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.08%Return on assets (ROA)
  • -0.07%Pretax return on assets
  • 0.88%Return on equity (ROE)
  • -1.77%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 160.58%Credit loss provision to net charge-offs
  • 7.26%Efficiency ratio
  • 80,219Assets per employee
  • 4.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 300.89%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 860.39%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 100.69%Net loans and leases to core deposits
  • 141.54%Equity capital to assets
  • 8.74%Core capital (leverage) ratio
  • 8.71%Tier 1 risk-based capital ratio
  • 10.46%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $140,717Average earning assets
  • $12,689Average equity
  • $132,926Average loans

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