Peoples Bank of Bluewell in Bluewell, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 03, 1995

  • Peoples Bank of Bluewell in Bluewell, West Virginia (WV)
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Peoples Bank of Bluewell - Overview

  • General
  • FDIC Certificate #: 19443
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Community Bank (#13012)
    Federal Reserve ID: 813723
    Date Established: June 07, 1965
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 11310
    FDIC's unique #: 13244
    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: June 07, 1965
    Last Structure Change Effective Date: January 03, 1995
    Last Structure Change Process Date: Febuary 24, 1995
    Last Data Update: Febuary 24, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Bluewell, WV 24701
    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: $44.6 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)
  • $17Total assets
  • $44,571Cash and due from depository institutions
  • $1,548Interest-bearing balances
  • $41Securities
  • $22,116Federal funds sold & reverse repurchase agreements
  • $93Net loans & leases
  • $19,630Loan loss allowance
  • $337Trading account assets
  • $0Bank premises and fixed assets
  • $336Other real estate owned
  • $7Goodwill and other intangibles
  • $841Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $44,571Total liabilities
  • $40,182Total deposits
  • $39,829Interest-bearing deposits
  • $34,241Deposits held in domestic offices
  • 39829.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $353Total equity capital
  • $353Total bank equity capital
  • $4,389Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $300Undivided profits
  • Memoranda
  • $3,789Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $171Income earned, not collected on loans
  • $171Earning assets
  • $41,880Long-term assets (5+ years)
  • $13,403Average Assets, year-to-date
  • $44,485Average Assets, quarterly
  • $44,792Volatile liabilities
  • $1,850Insider loans
  • $530FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $914Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,417Total risk weighted assets
  • $19,578Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,371Total interest expense
  • $1,150Net interest income
  • $2,221Provision for loan and lease losses
  • $120Total noninterest income
  • $216Fiduciary activities
  • $0Service charges on deposit accounts
  • $167Trading account gains & fees
  • $0Additional noninterest income
  • $49Total noninterest expense
  • $1,169Salaries and employee benefits
  • $472Premises and equipment expense
  • $134Additional noninterest expense
  • $563Pre-tax net operating income
  • $1,148Securities gains (losses)
  • $0Applicable income taxes
  • $355Income before extraordinary items
  • $793Extraordinary gains - net
  • $0Net income attributable to bank
  • $793Net charge-offs
  • $110Cash dividends
  • $400Sale, 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
  • 8.04%Cost of funding earning assets
  • 2.74%Net interest margin
  • 5.29%Noninterest income to earning assets
  • 0.51%Noninterest expense to earning assets
  • 2.79%Net operating income to assets
  • 1.78%Return on assets (ROA)
  • 1.78%Pretax return on assets
  • 2.58%Return on equity (ROE)
  • 18.78%Retained earnings to average equity (YTD only)
  • 9.31%Net charge-offs to loans
  • 0.56%Credit loss provision to net charge-offs
  • 109.09%Efficiency ratio
  • 47,969Assets per employee
  • 2.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.44%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 197.08%Noncurrent assets plus other real estate owned to assets
  • 0.40%Noncurrent loans to loans
  • 0.86%Net loans and leases to deposits
  • 49.29%Net loans and leases to core deposits
  • 51.69%Equity capital to assets
  • 9.85%Core capital (leverage) ratio
  • 9.77%Tier 1 risk-based capital ratio
  • 22.56%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $44,485Average earning assets
  • $4,223Average equity
  • $41,948Average loans

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