Mountain Valley Bank, N.A. in Elkins, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mountain Valley Bank, N.A. - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 43Total employees (full-time equivalent)
  • $118,535Total assets
  • $5,138Cash and due from depository institutions
  • $87Interest-bearing balances
  • $27,959Securities
  • $1,700Federal funds sold & reverse repurchase agreements
  • $80,344Net loans & leases
  • $1,238Loan loss allowance
  • $0Trading account assets
  • $1,411Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $118,535Life insurance assets
  • $1,983All other assets
  • $103,460Total liabilities and capital
  • $100,633Total liabilities
  • $74,300Total deposits
  • $100,633Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 1387.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,440Subordinated debt
  • $15,075All other liabilities
  • $15,075Total equity capital
  • $15,075Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $609Surplus
  • $13,866Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $380Income earned, not collected on loans
  • $0Earning assets
  • $376Long-term assets (5+ years)
  • $110,090Average Assets, year-to-date
  • $57,513Average Assets, quarterly
  • $115,298Volatile liabilities
  • $117,279Insider loans
  • $71,529FHLB advances
  • $116,353Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,662Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,421Restructured Loans and leases
  • $593Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,388Total interest income
  • $604Total interest expense
  • $4,784Net interest income
  • $545Provision for loan and lease losses
  • $794Total noninterest income
  • $0Fiduciary activities
  • $437Service charges on deposit accounts
  • $0Trading account gains & fees
  • $357Additional noninterest income
  • $3,830Total noninterest expense
  • $2,114Salaries and employee benefits
  • $329Premises and equipment expense
  • $1,387Additional noninterest expense
  • $1,203Pre-tax net operating income
  • $1Securities gains (losses)
  • $352Applicable income taxes
  • $852Income before extraordinary items
  • $0Extraordinary gains - net
  • $852Net income attributable to bank
  • $0Net charge-offs
  • $852Cash dividends
  • $612Sale, conversion, retirement of capital stock, net
  • $355Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.03%Yield on earning assets
  • 0.56%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.74%Noninterest income to earning assets
  • 3.57%Noninterest expense to earning assets
  • 0.74%Net operating income to assets
  • 0.74%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 5.65%Return on equity (ROE)
  • 3.30%Retained earnings to average equity (YTD only)
  • 0.76%Net charge-offs to loans
  • 89.05%Credit loss provision to net charge-offs
  • 2.86%Efficiency ratio
  • 68,663Assets per employee
  • 2.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.67%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 325.79%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.47%Net loans and leases to deposits
  • 79.84%Net loans and leases to core deposits
  • 82.26%Equity capital to assets
  • 12.72%Core capital (leverage) ratio
  • 13.46%Tier 1 risk-based capital ratio
  • 21.90%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $115,298Average earning assets
  • $15,073Average equity
  • $107,155Average loans

List of branches

  • 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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