One Valley Bank - South, Inc. in Summersville, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 10, 2000

  • One Valley Bank - South, Inc. in Summersville, West Virginia (WV)
  • Show street view No street view available for this location

One Valley Bank - South, Inc. - Overview

  • General
  • FDIC Certificate #: 9027
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company (#9846)
    Federal Reserve ID: 727138
    Date Established: January 03, 1910
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 11 (Interstate: No)
    OTS Docket #: 14206
    FDIC's unique #: 5768
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 10, 2000
    Last Structure Change Process Date: January 16, 2001
    Last Data Update: January 16, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 811 Main Street, Summersville, WV 26651
    County: Nicholas
    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
  • Financial Summary
  • Total assets: $462.0 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 148Total employees (full-time equivalent)
  • $470,902Total assets
  • $18,422Cash and due from depository institutions
  • $485Interest-bearing balances
  • $124,691Securities
  • $12,042Federal funds sold & reverse repurchase agreements
  • $303,352Net loans & leases
  • $3,861Loan loss allowance
  • $0Trading account assets
  • $4,576Bank premises and fixed assets
  • $314Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $7,505All other assets
  • $470,902Total liabilities and capital
  • $439,340Total liabilities
  • $376,935Total deposits
  • $334,715Interest-bearing deposits
  • $376,935Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $43,787Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $16,000Other borrowed funds
  • $0Subordinated debt
  • $2,618All other liabilities
  • $31,562Total equity capital
  • $31,562Total bank equity capital
  • $31,562Perpetual preferred stock
  • $0Common stock
  • $620Surplus
  • $9,340Undivided profits
  • Memoranda
  • $21,602Noncurrent loans and leases
  • $30,436Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $890Earning assets
  • $0Long-term assets (5+ years)
  • $1,715Average Assets, year-to-date
  • $440,570Average Assets, quarterly
  • $190,135Volatile liabilities
  • $449,261Insider loans
  • $474,975FHLB advances
  • $87,900Loans and leases held for sale
  • $20,160Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,000Tier 2 risk-based capital
  • $118Total risk weighted assets
  • $30,436Total unused commitments
  • $0Restructured Loans and leases
  • $3,534Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $34,386Total interest income
  • $15,196Total interest expense
  • $19,190Net interest income
  • $321Provision for loan and lease losses
  • $3,324Total noninterest income
  • $0Fiduciary activities
  • $1,859Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,465Additional noninterest income
  • $9,177Total noninterest expense
  • $4,658Salaries and employee benefits
  • $1,095Premises and equipment expense
  • $3,424Additional noninterest expense
  • $13,016Pre-tax net operating income
  • $0Securities gains (losses)
  • $4,440Applicable income taxes
  • $8,576Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,576Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $578Sale, conversion, retirement of capital stock, net
  • $5,950Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.04%Yield on earning assets
  • 3.55%Cost of funding earning assets
  • 4.49%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 2.15%Noninterest expense to earning assets
  • 1.91%Net operating income to assets
  • 1.91%Return on assets (ROA)
  • 2.90%Pretax return on assets
  • 27.95%Return on equity (ROE)
  • 8.56%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 55.54%Credit loss provision to net charge-offs
  • 23.07%Efficiency ratio
  • 40,761Assets per employee
  • 3.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.38%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 433.82%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.29%Net loans and leases to deposits
  • 80.48%Net loans and leases to core deposits
  • 89.01%Equity capital to assets
  • 6.70%Core capital (leverage) ratio
  • 6.91%Tier 1 risk-based capital ratio
  • 11.77%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $449,261Average earning assets
  • $30,681Average equity
  • $427,553Average loans

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with One Valley Bank - South, Inc..
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents