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

This bank is inactive as of April 26, 1999

  • The National Bank of Summers of Hinton in Hinton, West Virginia (WV)
  • Show street view No street view available for this location

The National Bank of Summers of Hinton - Overview

  • General
  • FDIC Certificate #: 6767
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank of West Virginia (#17735)
    Federal Reserve ID: 502522
    Date Established: June 03, 1895
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 4545
    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: April 26, 1999
    Last Structure Change Process Date: May 18, 1999
    Last Data Update: May 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 123 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: $78.6 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $78,723Total assets
  • $1,187Cash and due from depository institutions
  • $0Interest-bearing balances
  • $17,923Securities
  • $2,380Federal funds sold & reverse repurchase agreements
  • $54,758Net loans & leases
  • $351Loan loss allowance
  • $0Trading account assets
  • $945Bank premises and fixed assets
  • $43Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,487All other assets
  • $78,723Total liabilities and capital
  • $67,542Total liabilities
  • $65,976Total deposits
  • $58,150Interest-bearing deposits
  • $65,976Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $653Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $913All other liabilities
  • $11,181Total equity capital
  • $11,181Total bank equity capital
  • $11,181Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $2,023Undivided profits
  • Memoranda
  • $8,658Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $893Earning assets
  • $7Long-term assets (5+ years)
  • $531Average Assets, year-to-date
  • $75,061Average Assets, quarterly
  • $11,603Volatile liabilities
  • $77,789Insider loans
  • $78,728FHLB advances
  • $8,450Loans and leases held for sale
  • $1,430Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,674Total unused commitments
  • $0Restructured Loans and leases
  • $49,889Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $5,981Total interest income
  • $2,483Total interest expense
  • $3,498Net interest income
  • $310Provision for loan and lease losses
  • $408Total noninterest income
  • $0Fiduciary activities
  • $174Service charges on deposit accounts
  • $0Trading account gains & fees
  • $234Additional noninterest income
  • $2,025Total noninterest expense
  • $972Salaries and employee benefits
  • $203Premises and equipment expense
  • $850Additional noninterest expense
  • $1,571Pre-tax net operating income
  • $0Securities gains (losses)
  • $478Applicable income taxes
  • $1,093Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,093Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $686Sale, conversion, retirement of capital stock, net
  • $1,780Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.10%Yield on earning assets
  • 3.36%Cost of funding earning assets
  • 4.74%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 1.41%Net operating income to assets
  • 1.41%Return on assets (ROA)
  • 2.02%Pretax return on assets
  • 9.63%Return on equity (ROE)
  • -6.05%Retained earnings to average equity (YTD only)
  • 1.26%Net charge-offs to loans
  • 45.19%Credit loss provision to net charge-offs
  • 2.74%Efficiency ratio
  • 51,843Assets per employee
  • 2.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 162.85%Loss allowance to loans
  • 0.64%Loss allowance to noncurrent loans
  • 39.31%Noncurrent assets plus other real estate owned to assets
  • 1.19%Noncurrent loans to loans
  • 1.62%Net loans and leases to deposits
  • 83.00%Net loans and leases to core deposits
  • 94.12%Equity capital to assets
  • 14.20%Core capital (leverage) ratio
  • 14.09%Tier 1 risk-based capital ratio
  • 22.27%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $77,789Average earning assets
  • $11,347Average equity
  • $73,827Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The National Bank of Summers of Hinton.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents