Hancock County Savings Bank, F.S.B. in Chester, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Hancock County Savings Bank, F.S.B. in Chester, West Virginia (WV)
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Hancock County Savings Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 29035
    Status: Active
    Federal Reserve ID: 888271
    Date Established: January 01, 1899
    WWW: http://www.hcsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 2808
    FDIC's unique #: 41869
    Numeric code: 34
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 02, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 351 Carolina Avenue, Chester, WV 26034
    County: Hancock
    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): Steubenville-Weirton, OH-WV (#8080)
    Core Based Statistical Area (CBSA): Steubenville-Weirton, OH-WV (#44600)
    CBSA Metro Statistical Area: Steubenville-Weirton, OH-WV (#44600)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $312.7 mil
    Equity capital: $50.5 mil
    Deposits held in domestic offices: $260.8 mil
    Return on assets (ROA): 0.81% ($2.5 mil)
    Quarterly return on assets: 0.82% ($2.6 mil)
    Return on Equity (ROE): 5.02% ($2.5 mil)
    Quarterly return on equity: 5.10% ($2.5 mil)
    Net income: $2.5 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.32% ($4,127.7 mil)
    Quarterly Pretax return on assets: 1.33% ($4,158.9 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
  • 79Total employees (full-time equivalent)
  • $312,703Total assets
  • $21,590Cash and due from depository institutions
  • $19,550Interest-bearing balances
  • $32,988Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $246,762Net loans & leases
  • $2,505Loan loss allowance
  • $0Trading account assets
  • $5,087Bank premises and fixed assets
  • $55Other real estate owned
  • $139Goodwill and other intangibles
  • $312,703Life insurance assets
  • $6,082All other assets
  • $262,216Total liabilities and capital
  • $260,838Total liabilities
  • $251,111Total deposits
  • $260,838Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,378Subordinated debt
  • $50,487All other liabilities
  • $50,487Total equity capital
  • $50,487Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $50,487Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,360Income earned, not collected on loans
  • $0Earning assets
  • $1,208Long-term assets (5+ years)
  • $299,300Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $306,349Volatile liabilities
  • $311,186Insider loans
  • $162,643FHLB advances
  • $312,634Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $50,418Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,050Restructured Loans and leases
  • $965Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,515Total interest income
  • $2,681Total interest expense
  • $11,834Net interest income
  • $1,048Provision for loan and lease losses
  • $1,207Total noninterest income
  • $0Fiduciary activities
  • $1,102Service charges on deposit accounts
  • $0Trading account gains & fees
  • $105Additional noninterest income
  • $7,947Total noninterest expense
  • $4,469Salaries and employee benefits
  • $1,759Premises and equipment expense
  • $1,719Additional noninterest expense
  • $4,046Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,572Applicable income taxes
  • $2,474Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,474Net income attributable to bank
  • $0Net charge-offs
  • $2,474Cash dividends
  • $979Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 4.03%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 1.32%Pretax return on assets
  • 5.02%Return on equity (ROE)
  • 5.02%Retained earnings to average equity (YTD only)
  • 0.39%Net charge-offs to loans
  • 107.05%Credit loss provision to net charge-offs
  • 5.20%Efficiency ratio
  • 60,747Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 106.14%Noncurrent assets plus other real estate owned to assets
  • 0.77%Noncurrent loans to loans
  • 0.95%Net loans and leases to deposits
  • 94.60%Net loans and leases to core deposits
  • 97.10%Equity capital to assets
  • 16.15%Core capital (leverage) ratio
  • 16.13%Tier 1 risk-based capital ratio
  • 31.00%Total risk-based capital ratio
  • Memoranda
  • $32Average assets
  • $306,349Average earning assets
  • $49,242Average equity
  • $293,807Average loans

List of branches

  • 3 West Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041869Hancock County Savings Bank, F.S.b.351 Carolina Avenue, Chester, WV 26034January 01, 1899Full Service Brick and Mortar
    1272480375 Three Springs Drive Branch375 Three Springs Drive, Weirton, WV 26062January 01, 1899Full Service Brick and Mortar
    100272481Ridge Ave Branch1200 Ridge Avenue, New Cumberland, WV 26047January 01, 1899Full Service Brick and Mortar

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