One Valley Bank of Mercer County, Inc. in Princeton, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 10, 2000

  • One Valley Bank of Mercer County, Inc. in Princeton, West Virginia (WV)
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One Valley Bank of Mercer County, Inc. - Overview

  • General
  • FDIC Certificate #: 17843
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Branch Banking and Trust Company (#9846)
    Federal Reserve ID: 831932
    Date Established: January 30, 1906
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 14209
    FDIC's unique #: 11785
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 01, 1958
    Last Structure Change Effective Date: November 10, 2000
    Last Structure Change Process Date: January 11, 2001
    Last Data Update: January 11, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 1439 Main Street, Princeton, WV 24740
    County: Mercer
    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
    Core Based Statistical Area (CBSA): Bluefield, WV-VA (#14140)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $330.2 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
  • 93Total employees (full-time equivalent)
  • $328,818Total assets
  • $16,831Cash and due from depository institutions
  • $59Interest-bearing balances
  • $69,975Securities
  • $17,570Federal funds sold & reverse repurchase agreements
  • $217,169Net loans & leases
  • $2,622Loan loss allowance
  • $0Trading account assets
  • $2,813Bank premises and fixed assets
  • $0Other real estate owned
  • $240Goodwill and other intangibles
  • $0Life insurance assets
  • $4,220All other assets
  • $328,818Total liabilities and capital
  • $308,516Total liabilities
  • $290,894Total deposits
  • $260,951Interest-bearing deposits
  • $290,894Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $5,025Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $10,000Other borrowed funds
  • $0Subordinated debt
  • $2,597All other liabilities
  • $20,302Total equity capital
  • $20,302Total bank equity capital
  • $20,302Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $3,436Undivided profits
  • Memoranda
  • $16,366Noncurrent loans and leases
  • $28,013Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $669Earning assets
  • $0Long-term assets (5+ years)
  • $1,183Average Assets, year-to-date
  • $304,773Average Assets, quarterly
  • $106,349Volatile liabilities
  • $291,711Insider loans
  • $327,945FHLB advances
  • $35,568Loans and leases held for sale
  • $365Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $28,013Total unused commitments
  • $0Restructured Loans and leases
  • $2,430Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $21,822Total interest income
  • $9,583Total interest expense
  • $12,239Net interest income
  • $435Provision for loan and lease losses
  • $1,981Total noninterest income
  • $0Fiduciary activities
  • $1,225Service charges on deposit accounts
  • $0Trading account gains & fees
  • $756Additional noninterest income
  • $6,460Total noninterest expense
  • $3,181Salaries and employee benefits
  • $668Premises and equipment expense
  • $2,611Additional noninterest expense
  • $7,325Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,494Applicable income taxes
  • $4,831Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,831Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $329Sale, conversion, retirement of capital stock, net
  • $2,925Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.89%Yield on earning assets
  • 3.47%Cost of funding earning assets
  • 4.43%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 2.34%Noninterest expense to earning assets
  • 1.66%Net operating income to assets
  • 1.66%Return on assets (ROA)
  • 2.51%Pretax return on assets
  • 24.96%Return on equity (ROE)
  • 9.85%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 132.22%Credit loss provision to net charge-offs
  • 23.59%Efficiency ratio
  • 44,866Assets per employee
  • 3.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.55%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 391.93%Noncurrent assets plus other real estate owned to assets
  • 0.20%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 74.66%Net loans and leases to core deposits
  • 81.84%Equity capital to assets
  • 6.17%Core capital (leverage) ratio
  • 6.21%Tier 1 risk-based capital ratio
  • 10.59%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $291,711Average earning assets
  • $19,358Average equity
  • $276,403Average loans

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