The First National Bank of Hinton in Hinton, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 22, 1997

  • The First National Bank of Hinton in Hinton, West Virginia (WV)
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The First National Bank of Hinton - Overview

  • General
  • FDIC Certificate #: 6766
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank of West Virginia (#17735)
    Federal Reserve ID: 380225
    Date Established: January 01, 1887
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 13487
    FDIC's unique #: 4544
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 22, 1997
    Last Structure Change Process Date: January 07, 1998
    Last Data Update: January 07, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 321 Temple Street, Hinton, WV 25951
    County: Summers
    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: $92.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $27Total assets
  • $64,980Cash and due from depository institutions
  • $1,252Interest-bearing balances
  • $0Securities
  • $20,735Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $41,645Loan loss allowance
  • $411Trading account assets
  • $0Bank premises and fixed assets
  • $610Other real estate owned
  • $0Goodwill and other intangibles
  • $738Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $64,980Total liabilities
  • $59,104Total deposits
  • $56,149Interest-bearing deposits
  • $50,934Deposits held in domestic offices
  • 56149.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $1,410Trading liabilities
  • $0Other borrowed funds
  • $1,000Subordinated debt
  • $0All other liabilities
  • $545Total equity capital
  • $545Total bank equity capital
  • $5,876Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $1,000Undivided profits
  • Memoranda
  • $4,576Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $170Income earned, not collected on loans
  • $245Earning assets
  • $62,380Long-term assets (5+ years)
  • $11,486Average Assets, year-to-date
  • $76,869Average Assets, quarterly
  • $68,759Volatile liabilities
  • $7,547Insider loans
  • $590FHLB advances
  • $0Loans and leases held for sale
  • $6Unused loan commitments
  • $2,267Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,919Total risk weighted assets
  • $38,977Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,931Total interest expense
  • $2,961Net interest income
  • $2,970Provision for loan and lease losses
  • $40Total noninterest income
  • $245Fiduciary activities
  • $0Service charges on deposit accounts
  • $59Trading account gains & fees
  • $0Additional noninterest income
  • $186Total noninterest expense
  • $1,841Salaries and employee benefits
  • $1,057Premises and equipment expense
  • $83Additional noninterest expense
  • $701Pre-tax net operating income
  • $1,334Securities gains (losses)
  • $0Applicable income taxes
  • $389Income before extraordinary items
  • $945Extraordinary gains - net
  • $0Net income attributable to bank
  • $945Net charge-offs
  • $34Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.01%Cost of funding earning assets
  • 4.00%Net interest margin
  • 4.01%Noninterest income to earning assets
  • 0.33%Noninterest expense to earning assets
  • 2.49%Net operating income to assets
  • 1.23%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 1.74%Return on equity (ROE)
  • 17.65%Retained earnings to average equity (YTD only)
  • 17.65%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 117.65%Efficiency ratio
  • 57,263Assets per employee
  • 2.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 241.76%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 74.17%Net loans and leases to core deposits
  • 81.64%Equity capital to assets
  • 9.04%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 15.19%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $76,869Average earning assets
  • $5,353Average equity
  • $74,052Average loans

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