Rock Branch Community Bank, Inc. in Nitro, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

Rock Branch Community Bank, Inc. - Overview

  • General
  • FDIC Certificate #: 34245
    Status: Active
    Federal Reserve ID: 2506056
    Date Established: October 21, 1996
    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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 19Total employees (full-time equivalent)
  • $75,895Total assets
  • $1,923Cash and due from depository institutions
  • $284Interest-bearing balances
  • $17,720Securities
  • $3,910Federal funds sold & reverse repurchase agreements
  • $50,003Net loans & leases
  • $535Loan loss allowance
  • $0Trading account assets
  • $1,012Bank premises and fixed assets
  • $8Other real estate owned
  • $0Goodwill and other intangibles
  • $75,895Life insurance assets
  • $1,319All other assets
  • $69,185Total liabilities and capital
  • $66,987Total liabilities
  • $59,618Total deposits
  • $66,987Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $198Subordinated debt
  • $6,710All other liabilities
  • $6,710Total equity capital
  • $6,710Total bank equity capital
  • $0Perpetual preferred stock
  • $1,379Common stock
  • $2,269Surplus
  • $3,062Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,250Income earned, not collected on loans
  • $0Earning assets
  • $291Long-term assets (5+ years)
  • $71,917Average Assets, year-to-date
  • $45,184Average Assets, quarterly
  • $75,267Volatile liabilities
  • $76,151Insider loans
  • $40,360FHLB advances
  • $76,295Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,416Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,261Restructured Loans and leases
  • $763Derivatives

Income and Expense (December 31, 2011)

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

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.05%Yield on earning assets
  • 1.14%Cost of funding earning assets
  • 3.91%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 3.38%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.57%Pretax return on assets
  • 5.44%Return on equity (ROE)
  • 4.48%Retained earnings to average equity (YTD only)
  • 0.53%Net charge-offs to loans
  • 91.14%Credit loss provision to net charge-offs
  • 2.49%Efficiency ratio
  • 78,080Assets per employee
  • 3.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.71%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 42.80%Noncurrent assets plus other real estate owned to assets
  • 1.66%Noncurrent loans to loans
  • 2.47%Net loans and leases to deposits
  • 74.65%Net loans and leases to core deposits
  • 100.37%Equity capital to assets
  • 8.84%Core capital (leverage) ratio
  • 8.41%Tier 1 risk-based capital ratio
  • 15.90%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $75,267Average earning assets
  • $6,434Average equity
  • $71,325Average loans

List of branches

  • 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

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