Rock Branch Community Bank, Inc. in Nitro, West Virginia (WV)



Show street view No street view available for this location

Rock Branch Community Bank, Inc. routing number info

Table of contents:
Rock Branch Community Bank, Inc.
GeneralFDIC Certificate #: 34245
Status: Active
Federal Reserve ID: 2506056
Date Established: October 21, 1996
WWW: http://www.rbcb.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 15892
FDIC's unique #: 57004
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: Mortgage Lending Specialization
Date of Deposit Insurance: October 21, 1996
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 4650 First Avenue, Nitro, WV 25143
County: Putnam
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
Metropolitan Statistical Area (MSA): Charleston, WV (#1480)
Core Based Statistical Area (CBSA): Charleston, WV (#16620)
CBSA Metro Statistical Area: Charleston, WV (#16620)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $75.9 mil
Equity capital: $6.7 mil
Deposits held in domestic offices: $67.0 mil
Return on assets (ROA): 0.47% ($0.4 mil)
Quarterly return on assets: 0.04% ($0.0 mil)
Return on Equity (ROE): 5.44% ($0.4 mil)
Quarterly return on equity: 0.42% ($0.0 mil)
Net income: $0.3 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.57% ($432.6 mil)
Quarterly Pretax return on assets: -0.32% (-$242.9 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)
Total employees (full-time equivalent)19
Total assets$75,895
Cash and due from depository institutions$1,923
Interest-bearing balances$284
Securities$17,720
Federal funds sold & reverse repurchase agreements$3,910
Net loans & leases$50,003
Loan loss allowance $535
Trading account assets$0
Bank premises and fixed assets$1,012
Other real estate owned$8
Goodwill and other intangibles$0
All other assets$1,319
Life insurance assets$75,895
Total liabilities and capital$69,185
Total liabilities$66,987
Total deposits$59,618
Interest-bearing deposits$66,987
Deposits held in domestic offices$95
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$2,000
Other borrowed funds $0
Subordinated debt $198
All other liabilities $6,710
Total equity capital$6,710
Total bank equity capital$6,710
Perpetual preferred stock$0
Common stock$1,379
Surplus$2,269
Undivided profits $3,062
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,250
Earning assets $0
Long-term assets (5+ years) $291
Average Assets, year-to-date $71,917
Average Assets, quarterly $45,184
Volatile liabilities $75,267
Insider loans $76,151
FHLB advances $40,360
Loans and leases held for sale $76,295
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $6,416
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4,261
Derivatives$763
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,602
Total interest expense $811
Net interest income $2,791
Provision for loan and lease losses $247
Total noninterest income $293
Fiduciary activities $0
Service charges on deposit accounts $171
Trading account gains & fees $0
Additional noninterest income $122
Total noninterest expense $2,408
Salaries and employee benefits $820
Premises and equipment expense $281
Additional noninterest expense $1,307
Pre-tax net operating income $429
Securities gains (losses) $0
Applicable income taxes $79
Income before extraordinary items $350
Extraordinary gains - net $0
Net income attributable to bank $350
Net charge-offs $0
Cash dividends $350
Sale, conversion, retirement of capital stock, net $271
Net operating income $62
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.05%
Cost of funding earning assets 1.14%
Net interest margin 3.91%
Noninterest income to earning assets 0.41%
Noninterest expense to earning assets 3.38%
Net operating income to assets 0.47%
Return on assets (ROA) 0.47%
Pretax return on assets 0.57%
Return on equity (ROE) 5.44%
Retained earnings to average equity (YTD only) 4.48%
Net charge-offs to loans 0.53%
Credit loss provision to net charge-offs 91.14%
Efficiency ratio2.49%
Assets per employee$78,080
Cash dividends to net income (YTD only)3.99%
Condition Ratios (%)
Loss allowance to loans 17.71%
Loss allowance to noncurrent loans 1.06%
Noncurrent assets plus other real estate owned to assets 42.80%
Noncurrent loans to loans 1.66%
Net loans and leases to deposits2.47%
Net loans and leases to core deposits 74.65%
Equity capital to assets 100.37%
Core capital (leverage) ratio 8.84%
Tier 1 risk-based capital ratio 8.41%
Total risk-based capital ratio 15.90%
Memoranda
Average assets$17
Average earning assets$75,267
Average equity $6,434
Average loans $71,325
Back to page top, Back to table top

1 West Virginia Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
057004Rock Branch Community Bank, Inc.4650 First Avenue, Nitro, WV 25143October 21, 1996Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Rock Branch Community Bank, Inc..
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.