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

This bank is inactive as of March 27, 1993

  • Peoples Bank of Richwood, Inc. in Richwood, West Virginia (WV)
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Peoples Bank of Richwood, Inc. - Overview

  • General
  • FDIC Certificate #: 19761
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Community Bank (#13012)
    Federal Reserve ID: 2330
    Date Established: October 30, 1967
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 13555
    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: October 30, 1967
    Last Structure Change Effective Date: March 27, 1993
    Last Structure Change Process Date: May 11, 1993
    Last Data Update: May 11, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 10-14 West Main Street, Richwood, WV 26261
    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: $29.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $20Total assets
  • $29,848Cash and due from depository institutions
  • $2,088Interest-bearing balances
  • $666Securities
  • $10,753Federal funds sold & reverse repurchase agreements
  • $825Net loans & leases
  • $13,306Loan loss allowance
  • $439Trading account assets
  • $0Bank premises and fixed assets
  • $889Other real estate owned
  • $1,630Goodwill and other intangibles
  • $357Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $29,848Total liabilities
  • $29,189Total deposits
  • $29,050Interest-bearing deposits
  • $25,342Deposits held in domestic offices
  • 29050.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $139Total equity capital
  • $139Total bank equity capital
  • $659Perpetual preferred stock
  • $0Common stock
  • $181Surplus
  • $1,100Undivided profits
  • Memoranda
  • $-622Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $204Income earned, not collected on loans
  • $105Earning assets
  • $25,550Long-term assets (5+ years)
  • $581Average Assets, year-to-date
  • $32,700Average Assets, quarterly
  • $30,986Volatile liabilities
  • $1,071Insider loans
  • $5FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,011Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $659Total risk weighted assets
  • $15,027Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,532Total interest expense
  • $1,364Net interest income
  • $1,168Provision for loan and lease losses
  • $400Total noninterest income
  • $175Fiduciary activities
  • $0Service charges on deposit accounts
  • $71Trading account gains & fees
  • $0Additional noninterest income
  • $104Total noninterest expense
  • $1,675Salaries and employee benefits
  • $405Premises and equipment expense
  • $150Additional noninterest expense
  • $1,120Pre-tax net operating income
  • -$732Securities gains (losses)
  • $125Applicable income taxes
  • $0Income before extraordinary items
  • -$607Extraordinary gains - net
  • $0Net income attributable to bank
  • -$607Net charge-offs
  • $1,331Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.02%Cost of funding earning assets
  • 4.86%Net interest margin
  • 4.16%Noninterest income to earning assets
  • 0.62%Noninterest expense to earning assets
  • 5.97%Net operating income to assets
  • -2.24%Return on assets (ROA)
  • -1.86%Pretax return on assets
  • -1.86%Return on equity (ROE)
  • -62.68%Retained earnings to average equity (YTD only)
  • -62.68%Net charge-offs to loans
  • 8.17%Credit loss provision to net charge-offs
  • 30.05%Efficiency ratio
  • 124,721Assets per employee
  • 1.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.19%Loss allowance to noncurrent loans
  • 215.20%Noncurrent assets plus other real estate owned to assets
  • 6.14%Noncurrent loans to loans
  • 1.48%Net loans and leases to deposits
  • 45.80%Net loans and leases to core deposits
  • 47.56%Equity capital to assets
  • 2.21%Core capital (leverage) ratio
  • 2.12%Tier 1 risk-based capital ratio
  • 4.39%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $32,700Average earning assets
  • $968Average equity
  • $28,080Average loans

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