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

This bank is inactive as of December 22, 1997

  • The Home National Bank of Sutton in Sutton, West Virginia (WV)
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The Home National Bank of Sutton - Overview

  • General
  • FDIC Certificate #: 6801
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank of West Virginia (#17735)
    Federal Reserve ID: 15134
    Date Established: December 09, 1909
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 12028
    FDIC's unique #: 4573
    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: Second Street And Riverview Drive, Sutton, WV 26601
    County: Braxton
    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: $75.9 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)
  • $26Total assets
  • $63,744Cash and due from depository institutions
  • $1,612Interest-bearing balances
  • $0Securities
  • $14,970Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $44,001Loan loss allowance
  • $602Trading account assets
  • $0Bank premises and fixed assets
  • $2,365Other real estate owned
  • $94Goodwill and other intangibles
  • $702Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $63,744Total liabilities
  • $58,341Total deposits
  • $56,491Interest-bearing deposits
  • $48,827Deposits held in domestic offices
  • 56491.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $288Trading liabilities
  • $0Other borrowed funds
  • $1,000Subordinated debt
  • $0All other liabilities
  • $562Total equity capital
  • $562Total bank equity capital
  • $5,403Perpetual preferred stock
  • $0Common stock
  • $1,800Surplus
  • $1,800Undivided profits
  • Memoranda
  • $1,803Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $888Income earned, not collected on loans
  • $381Earning assets
  • $58,971Long-term assets (5+ years)
  • $13,569Average Assets, year-to-date
  • $67,366Average Assets, quarterly
  • $67,161Volatile liabilities
  • $1,936Insider loans
  • $561FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,338Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,407Total risk weighted assets
  • $44,646Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,499Total interest expense
  • $2,352Net interest income
  • $3,147Provision for loan and lease losses
  • $100Total noninterest income
  • $146Fiduciary activities
  • $0Service charges on deposit accounts
  • $80Trading account gains & fees
  • $0Additional noninterest income
  • $66Total noninterest expense
  • $1,826Salaries and employee benefits
  • $772Premises and equipment expense
  • $316Additional noninterest expense
  • $738Pre-tax net operating income
  • $1,367Securities gains (losses)
  • $1Applicable income taxes
  • $474Income before extraordinary items
  • $894Extraordinary gains - net
  • $0Net income attributable to bank
  • $894Net charge-offs
  • $40Cash 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
  • 8.83%Cost of funding earning assets
  • 3.78%Net interest margin
  • 5.05%Noninterest income to earning assets
  • 0.23%Noninterest expense to earning assets
  • 2.93%Net operating income to assets
  • 1.33%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 2.03%Return on equity (ROE)
  • 18.11%Retained earnings to average equity (YTD only)
  • 18.11%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 250.00%Efficiency ratio
  • 55,451Assets per employee
  • 2.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 67.79%Noncurrent assets plus other real estate owned to assets
  • 1.54%Noncurrent loans to loans
  • 1.99%Net loans and leases to deposits
  • 77.89%Net loans and leases to core deposits
  • 78.79%Equity capital to assets
  • 8.48%Core capital (leverage) ratio
  • 7.68%Tier 1 risk-based capital ratio
  • 12.11%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $67,366Average earning assets
  • $4,938Average equity
  • $62,260Average loans

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