Pendleton Community Bank, Inc. in Franklin, West Virginia (WV), VA
Overview, Financial Summary, Detailed Financial Reports, Branches

Pendleton Community Bank, Inc. - Overview

  • General
  • FDIC Certificate #: 6176
    Status: Active
    Federal Reserve ID: 370020
    Bank Holding Company (Regulatory Top Holder): Allegheny Bancshares, Inc. (RSSDID: 3137082, Location: Franklin, WV)
    Date Established: October 05, 1925
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: Yes)
    FDIC's unique #: 4160
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 02, 2010
    Last Structure Change Process Date: June 02, 2010
    Last Data Update: June 02, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 North Main Street, Franklin, WV 26807
    County: Pendleton
    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
  • Change in Location
  • Financial Summary
  • Total assets: $253.5 mil
    Equity capital: $29.1 mil
    Deposits held in domestic offices: $218.5 mil
    Return on assets (ROA): 0.89% ($2.3 mil)
    Quarterly return on assets: 0.87% ($2.2 mil)
    Return on Equity (ROE): 7.78% ($2.3 mil)
    Quarterly return on equity: 7.53% ($2.2 mil)
    Net income: $2.3 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.23% ($3,117.6 mil)
    Quarterly Pretax return on assets: 1.18% ($2,990.9 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
  • 75Total employees (full-time equivalent)
  • $253,464Total assets
  • $14,410Cash and due from depository institutions
  • $10,319Interest-bearing balances
  • $31,538Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $189,979Net loans & leases
  • $4,271Loan loss allowance
  • $0Trading account assets
  • $5,891Bank premises and fixed assets
  • $2,354Other real estate owned
  • $1,288Goodwill and other intangibles
  • $253,464Life insurance assets
  • $8,004All other assets
  • $224,386Total liabilities and capital
  • $218,466Total liabilities
  • $186,302Total deposits
  • $218,466Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 1647.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,296Trading liabilities
  • $0Other borrowed funds
  • $977Subordinated debt
  • $29,078All other liabilities
  • $29,078Total equity capital
  • $29,078Total bank equity capital
  • $0Perpetual preferred stock
  • $900Common stock
  • $900Surplus
  • $27,278Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,551Income earned, not collected on loans
  • $0Earning assets
  • $1,289Long-term assets (5+ years)
  • $231,836Average Assets, year-to-date
  • $124,616Average Assets, quarterly
  • $254,199Volatile liabilities
  • $257,050Insider loans
  • $179,688FHLB advances
  • $255,437Loans and leases held for sale
  • $4,186Unused loan commitments
  • $3,043Tier 1 (core) risk-based capital
  • $26,936Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,143Total unused commitments
  • $23,171Restructured Loans and leases
  • $1,787Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,807Total interest income
  • $2,997Total interest expense
  • $9,810Net interest income
  • $1,750Provision for loan and lease losses
  • $1,931Total noninterest income
  • $0Fiduciary activities
  • $1,166Service charges on deposit accounts
  • $0Trading account gains & fees
  • $765Additional noninterest income
  • $6,915Total noninterest expense
  • $3,668Salaries and employee benefits
  • $772Premises and equipment expense
  • $2,475Additional noninterest expense
  • $3,076Pre-tax net operating income
  • $51Securities gains (losses)
  • $872Applicable income taxes
  • $2,255Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,255Net income attributable to bank
  • $0Net charge-offs
  • $2,255Cash dividends
  • $467Sale, conversion, retirement of capital stock, net
  • $1,665Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.49%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 4.20%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 2.96%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • 0.89%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 7.78%Return on equity (ROE)
  • 2.04%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 374.73%Credit loss provision to net charge-offs
  • 10.33%Efficiency ratio
  • 58,607Assets per employee
  • 3.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 73.84%Loss allowance to loans
  • 2.20%Loss allowance to noncurrent loans
  • 56.56%Noncurrent assets plus other real estate owned to assets
  • 3.91%Noncurrent loans to loans
  • 3.89%Net loans and leases to deposits
  • 86.96%Net loans and leases to core deposits
  • 90.26%Equity capital to assets
  • 11.47%Core capital (leverage) ratio
  • 10.55%Tier 1 risk-based capital ratio
  • 14.99%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $254,199Average earning assets
  • $28,967Average equity
  • $233,467Average loans

List of branches

  • 1 Virginia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    3453048Harrisonburg Branch41 Monte Vista Dr, Harrisonburg, VA 22802July 19, 2006Full Service Brick and Mortar
  • 4 West Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04160Pendleton Community Bank, Inc.300 North Main Street, Franklin, WV 26807October 05, 1925Full Service Brick and Mortar
    1208926Moorefield Branch402 South Main Street, Moorefield, WV 26836July 26, 1999Full Service Brick and Mortar
    2364804Marlinton BranchPo Box 87 900 North Seneca Trail, Marlinton, WV 24954November 26, 2001Full Service Brick and Mortar
    4285557Petersburg Branch102 Virginia Avenue, Petersburg, WV 26847September 17, 1973Full Service Brick and Mortar

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