MCNB Bank and Trust Co. in Welch, West Virginia (WV), VA
Overview, Financial Summary, Detailed Financial Reports, Branches

MCNB Bank and Trust Co. - Overview

  • General
  • FDIC Certificate #: 6803
    Status: Active
    Federal Reserve ID: 20633
    Bank Holding Company (Regulatory Top Holder): Mcnb Banks, Inc. (RSSDID: 2913083, Location: Welch, WV)
    Date Established: July 01, 1900
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: Yes)
    FDIC's unique #: 4575
    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: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 75 Wyoming Street, Welch, WV 24801
    County: Mcdowell
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $320.0 mil
    Equity capital: $27.7 mil
    Deposits held in domestic offices: $284.1 mil
    Return on assets (ROA): 0.47% ($1.5 mil)
    Quarterly return on assets: 0.53% ($1.7 mil)
    Return on Equity (ROE): 5.82% ($1.6 mil)
    Quarterly return on equity: 6.28% ($1.8 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.66% ($2,112.1 mil)
    Quarterly Pretax return on assets: 0.78% ($2,496.2 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
  • 85Total employees (full-time equivalent)
  • $320,020Total assets
  • $8,104Cash and due from depository institutions
  • $894Interest-bearing balances
  • $79,813Securities
  • $4,115Federal funds sold & reverse repurchase agreements
  • $208,349Net loans & leases
  • $2,775Loan loss allowance
  • $0Trading account assets
  • $5,861Bank premises and fixed assets
  • $3,221Other real estate owned
  • $0Goodwill and other intangibles
  • $320,020Life insurance assets
  • $10,557All other assets
  • $292,358Total liabilities and capital
  • $284,073Total liabilities
  • $244,439Total deposits
  • $284,073Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,000Trading liabilities
  • $0Other borrowed funds
  • $2,285Subordinated debt
  • $27,662All other liabilities
  • $27,662Total equity capital
  • $27,662Total bank equity capital
  • $0Perpetual preferred stock
  • $1,106Common stock
  • $1,394Surplus
  • $25,162Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,999Income earned, not collected on loans
  • $0Earning assets
  • $946Long-term assets (5+ years)
  • $293,171Average Assets, year-to-date
  • $88,191Average Assets, quarterly
  • $327,093Volatile liabilities
  • $326,628Insider loans
  • $234,011FHLB advances
  • $325,600Loans and leases held for sale
  • $6,566Unused loan commitments
  • $6,566Tier 1 (core) risk-based capital
  • $27,516Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,367Restructured Loans and leases
  • $5,187Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,868Total interest income
  • $4,970Total interest expense
  • $9,898Net interest income
  • $521Provision for loan and lease losses
  • $1,965Total noninterest income
  • $509Fiduciary activities
  • $419Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,037Additional noninterest income
  • $9,314Total noninterest expense
  • $4,674Salaries and employee benefits
  • $1,410Premises and equipment expense
  • $3,230Additional noninterest expense
  • $2,028Pre-tax net operating income
  • $142Securities gains (losses)
  • $641Applicable income taxes
  • $1,529Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,529Net income attributable to bank
  • $0Net charge-offs
  • $1,529Cash dividends
  • $521Sale, conversion, retirement of capital stock, net
  • $383Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 1.64%Cost of funding earning assets
  • 3.27%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • 0.44%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 5.82%Return on equity (ROE)
  • 4.36%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 4.89%Efficiency ratio
  • 78,513Assets per employee
  • 3.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 25.05%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 138.82%Noncurrent assets plus other real estate owned to assets
  • 1.63%Noncurrent loans to loans
  • 0.95%Net loans and leases to deposits
  • 73.34%Net loans and leases to core deposits
  • 75.80%Equity capital to assets
  • 8.64%Core capital (leverage) ratio
  • 8.45%Tier 1 risk-based capital ratio
  • 11.76%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $327,093Average earning assets
  • $26,258Average equity
  • $302,307Average 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
  • $105,944Managed Assets
  • 1Number of Accounts
  • $102,961Personal trust and agency accounts
  • $26,904Employee benefit-defined contribution accounts
  • $710Employee benefit-defined benefit accounts
  • $990Other retirement accounts
  • $18,438Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $55,919Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 793Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,983Other retirement accounts
  • $2,905Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $78Fiduciary accounts held in foreign offices

List of branches

  • 1 Virginia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    8429549Cedar Bluff Branch1051 Claypool Mall Road, Cedar Bluff, VA 24609June 01, 2004Limited Service Loan Production
  • 6 West Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04575Mcnb Bank And Trust Co.75 Wyoming Street, Welch, WV 24801July 01, 1900Full Service Brick and Mortar
    1212213Drive-In Facility94 Howard Street, Welch, WV 24801March 10, 1975Limited Service Facility
    4362808E. Cumberland Branch3152 E. Cumberland Road, Bluefield, WV 24701November 06, 2001Full Service Brick and Mortar
    6418542South Walker Street Branch322 South Walker Street, Princeton, WV 24740Febuary 25, 2003Full Service Brick and Mortar
    9456461Mccullough Drive Branch85 Jerome Van Meter Drive, Beckley, WV 25801November 14, 2006Full Service Brick and Mortar
    10456462Ritter Drive Branch1122 Ritter Drive, Daniels, WV 25832November 14, 2006Full Service Brick and Mortar

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