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

This bank is inactive as of December 22, 1997

  • The Old National Bank of Huntington in Huntington, West Virginia (WV)
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The Old National Bank of Huntington - Overview

  • General
  • FDIC Certificate #: 23586
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank of West Virginia (#17735)
    Federal Reserve ID: 293222
    Date Established: October 19, 1981
    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)
    FDIC's unique #: 16518
    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: October 19, 1981
    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: 999 4th Avenue, Huntington, WV 25701
    County: Cabell
    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): Huntington-Ashland, WV-KY-OH (#3400)
    Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580)
    CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580)
  • Financial Summary
  • Total assets: $54.9 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
  • $49,087Cash and due from depository institutions
  • $2,320Interest-bearing balances
  • $0Securities
  • $13,195Federal funds sold & reverse repurchase agreements
  • $5,715Net loans & leases
  • $26,214Loan loss allowance
  • $200Trading account assets
  • $0Bank premises and fixed assets
  • $1,141Other real estate owned
  • $0Goodwill and other intangibles
  • $502Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $49,087Total liabilities
  • $45,383Total deposits
  • $44,715Interest-bearing deposits
  • $37,033Deposits held in domestic offices
  • 44715.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $466Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $202Total equity capital
  • $202Total bank equity capital
  • $3,704Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $750Undivided profits
  • Memoranda
  • $2,204Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $462Income earned, not collected on loans
  • $138Earning assets
  • $45,124Long-term assets (5+ years)
  • $5,252Average Assets, year-to-date
  • $46,284Average Assets, quarterly
  • $51,463Volatile liabilities
  • $7,091Insider loans
  • $1,129FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $485Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,685Total risk weighted assets
  • $26,145Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,513Total interest expense
  • $1,665Net interest income
  • $1,848Provision for loan and lease losses
  • $509Total noninterest income
  • $192Fiduciary activities
  • $0Service charges on deposit accounts
  • $100Trading account gains & fees
  • $0Additional noninterest income
  • $92Total noninterest expense
  • $1,589Salaries and employee benefits
  • $721Premises and equipment expense
  • $280Additional noninterest expense
  • $588Pre-tax net operating income
  • -$58Securities gains (losses)
  • $0Applicable income taxes
  • $65Income before extraordinary items
  • -$123Extraordinary gains - net
  • $0Net income attributable to bank
  • -$123Net charge-offs
  • $405Cash dividends
  • $101Sale, 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
  • 8.36%Cost of funding earning assets
  • 3.96%Net interest margin
  • 4.40%Noninterest income to earning assets
  • 0.46%Noninterest expense to earning assets
  • 3.78%Net operating income to assets
  • -0.27%Return on assets (ROA)
  • -0.27%Pretax return on assets
  • -0.13%Return on equity (ROE)
  • -3.10%Retained earnings to average equity (YTD only)
  • -5.64%Net charge-offs to loans
  • 1.75%Credit loss provision to net charge-offs
  • 125.68%Efficiency ratio
  • 77,892Assets per employee
  • 1.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -82.11%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 43.29%Noncurrent assets plus other real estate owned to assets
  • 0.94%Noncurrent loans to loans
  • 1.75%Net loans and leases to deposits
  • 58.62%Net loans and leases to core deposits
  • 68.82%Equity capital to assets
  • 7.55%Core capital (leverage) ratio
  • 7.41%Tier 1 risk-based capital ratio
  • 14.09%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $46,284Average earning assets
  • $3,973Average equity
  • $42,042Average loans

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