Mountain Valley Bank, N.A. in Elkins, West Virginia (WV)

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Mountain Valley Bank, N.A. routing number info

Table of contents:
Mountain Valley Bank, N.A.
GeneralFDIC Certificate #: 6786
Status: Active
Federal Reserve ID: 1011432
Bank Holding Company (Regulatory Top Holder): Mountain-Valley Bancshares, Inc. (RSSDID: 1404641, Location: Elkins, WV)
Date Established: January 01, 1909
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 11246
FDIC's unique #: 4560
Numeric code: 3
Regulator: OCC
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: No
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
LocationAddress: 317 Davis Avenue, Elkins, WV 26241
County: Randolph
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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $118.5 mil
Equity capital: $15.1 mil
Deposits held in domestic offices: $100.6 mil
Return on assets (ROA): 0.74% ($0.9 mil)
Quarterly return on assets: 0.75% ($0.9 mil)
Return on Equity (ROE): 5.65% ($0.8 mil)
Quarterly return on equity: 5.80% ($0.9 mil)
Net income: $0.9 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.04% ($1,232.8 mil)
Quarterly Pretax return on assets: 1.07% ($1,268.3 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)43
Total assets$118,535
Cash and due from depository institutions$5,138
Interest-bearing balances$87
Federal funds sold & reverse repurchase agreements$1,700
Net loans & leases$80,344
Loan loss allowance $1,238
Trading account assets$0
Bank premises and fixed assets$1,411
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,983
Life insurance assets$118,535
Total liabilities and capital$103,460
Total liabilities$100,633
Total deposits$74,300
Interest-bearing deposits$100,633
Deposits held in domestic offices$96
% insured (estimated)1387.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,440
All other liabilities $15,075
Total equity capital$15,075
Total bank equity capital$15,075
Perpetual preferred stock$0
Common stock$600
Undivided profits $13,866
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 $380
Earning assets $0
Long-term assets (5+ years) $376
Average Assets, year-to-date $110,090
Average Assets, quarterly $57,513
Volatile liabilities $115,298
Insider loans $117,279
FHLB advances $71,529
Loans and leases held for sale $116,353
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $15,662
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $11,421
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,388
Total interest expense $604
Net interest income $4,784
Provision for loan and lease losses $545
Total noninterest income $794
Fiduciary activities $0
Service charges on deposit accounts $437
Trading account gains & fees $0
Additional noninterest income $357
Total noninterest expense $3,830
Salaries and employee benefits $2,114
Premises and equipment expense $329
Additional noninterest expense $1,387
Pre-tax net operating income $1,203
Securities gains (losses) $1
Applicable income taxes $352
Income before extraordinary items $852
Extraordinary gains - net $0
Net income attributable to bank $852
Net charge-offs $0
Cash dividends $852
Sale, conversion, retirement of capital stock, net $612
Net operating income $355
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.03%
Cost of funding earning assets 0.56%
Net interest margin 4.46%
Noninterest income to earning assets 0.74%
Noninterest expense to earning assets 3.57%
Net operating income to assets 0.74%
Return on assets (ROA) 0.74%
Pretax return on assets 1.04%
Return on equity (ROE) 5.65%
Retained earnings to average equity (YTD only) 3.30%
Net charge-offs to loans 0.76%
Credit loss provision to net charge-offs 89.05%
Efficiency ratio2.86%
Assets per employee$68,663
Cash dividends to net income (YTD only)2.76%
Condition Ratios (%)
Loss allowance to loans 41.67%
Loss allowance to noncurrent loans 1.52%
Noncurrent assets plus other real estate owned to assets 325.79%
Noncurrent loans to loans 0.32%
Net loans and leases to deposits0.47%
Net loans and leases to core deposits 79.84%
Equity capital to assets 82.26%
Core capital (leverage) ratio 12.72%
Tier 1 risk-based capital ratio 13.46%
Total risk-based capital ratio 21.90%
Average assets$23
Average earning assets$115,298
Average equity $15,073
Average loans $107,155
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4 West Virginia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
04560Mountain Valley Bank, N.A.317 Davis Avenue, Elkins, WV 26241January 01, 1909Full Service Brick and Mortar
2231595Mill Creek BranchConrad Street And Route 219 South, Mill Creek, WV 26280September 04, 1984Full Service Brick and Mortar
3231596Elkins BranchChenoweth Creek Rd & Route 219 South, Elkins, WV 26241Febuary 12, 1985Full Service Brick and Mortar
4212190Parsons Branch401 First Street, Parsons, WV 26287October 01, 1992Full Service Brick and Mortar
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