One Valley Bank of Marion County, National Association in Fairmont, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 07, 1995

  • One Valley Bank of Marion County, National Association in Fairmont, West Virginia (WV)
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One Valley Bank of Marion County, National Association - Overview

  • General
  • FDIC Certificate #: 15711
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: One Valley Bank, Inc. (#12658)
    Federal Reserve ID: 482129
    Date Established: December 26, 1939
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 9251
    FDIC's unique #: 9975
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 26, 1939
    Last Structure Change Effective Date: October 07, 1995
    Last Structure Change Process Date: October 24, 1995
    Last Data Update: October 24, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 Fairmont Avenue, Fairmont, WV 26554
    County: Marion
    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
    Combined Statistical Area (CSA): Fairmont-Clarksburg, WV (#242)
    Core Based Statistical Area (CBSA): Fairmont, WV (#21900)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $154.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $93Total assets
  • $160,634Cash and due from depository institutions
  • $6,434Interest-bearing balances
  • $41Securities
  • $69,411Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $78,631Loan loss allowance
  • $1,431Trading account assets
  • $0Bank premises and fixed assets
  • $2,206Other real estate owned
  • $0Goodwill and other intangibles
  • $3,952Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $160,634Total liabilities
  • $149,264Total deposits
  • $128,971Interest-bearing deposits
  • $115,461Deposits held in domestic offices
  • 128971.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $3,440Trading liabilities
  • $0Other borrowed funds
  • $15,124Subordinated debt
  • $0All other liabilities
  • $1,729Total equity capital
  • $1,729Total bank equity capital
  • $11,370Perpetual preferred stock
  • $0Common stock
  • $1,563Surplus
  • $2,498Undivided profits
  • Memoranda
  • $7,309Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $721Income earned, not collected on loans
  • $353Earning assets
  • $148,083Long-term assets (5+ years)
  • $60,844Average Assets, year-to-date
  • $157,450Average Assets, quarterly
  • $159,946Volatile liabilities
  • $18,148Insider loans
  • $843FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,442Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $12,567Total risk weighted assets
  • $84,997Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,726Total interest expense
  • $3,710Net interest income
  • $7,016Provision for loan and lease losses
  • $45Total noninterest income
  • $843Fiduciary activities
  • $28Service charges on deposit accounts
  • $276Trading account gains & fees
  • $0Additional noninterest income
  • $539Total noninterest expense
  • $4,770Salaries and employee benefits
  • $2,284Premises and equipment expense
  • $722Additional noninterest expense
  • $1,764Pre-tax net operating income
  • $3,044Securities gains (losses)
  • $3Applicable income taxes
  • $868Income before extraordinary items
  • $2,179Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,179Net charge-offs
  • $73Cash dividends
  • $2,005Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.37%Cost of funding earning assets
  • 2.55%Net interest margin
  • 4.82%Noninterest income to earning assets
  • 0.58%Noninterest expense to earning assets
  • 3.28%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 1.94%Return on equity (ROE)
  • 18.45%Retained earnings to average equity (YTD only)
  • 1.47%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 61.64%Efficiency ratio
  • 60,695Assets per employee
  • 1.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 92.01%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 198.47%Noncurrent assets plus other real estate owned to assets
  • 0.45%Noncurrent loans to loans
  • 0.90%Net loans and leases to deposits
  • 60.97%Net loans and leases to core deposits
  • 62.46%Equity capital to assets
  • 7.08%Core capital (leverage) ratio
  • 7.93%Tier 1 risk-based capital ratio
  • 14.79%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $157,450Average earning assets
  • $11,811Average equity
  • $145,602Average loans

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