The Sunshine Bank of Wheeling, Inc. in Wheeling, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 02, 1994

  • The Sunshine Bank of Wheeling, Inc. in Wheeling, West Virginia (WV)
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The Sunshine Bank of Wheeling, Inc. - Overview

  • General
  • FDIC Certificate #: 19400
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: One Valley Bank - North, Inc. (#14306)
    Federal Reserve ID: 643528
    Date Established: April 05, 1965
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 13205
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 05, 1965
    Last Structure Change Effective Date: May 02, 1994
    Last Structure Change Process Date: May 18, 1994
    Last Data Update: May 18, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 12th And Main Streets, Wheeling, WV 26003
    County: Ohio
    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): Wheeling, WV-OH (#9000)
    Core Based Statistical Area (CBSA): Wheeling, WV-OH (#48540)
    CBSA Metro Statistical Area: Wheeling, WV-OH (#48540)
  • Financial Summary
  • Total assets: $63.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $27Total assets
  • $64,174Cash and due from depository institutions
  • $1,875Interest-bearing balances
  • $99Securities
  • $11,640Federal funds sold & reverse repurchase agreements
  • $1,350Net loans & leases
  • $47,722Loan loss allowance
  • $848Trading account assets
  • $0Bank premises and fixed assets
  • $922Other real estate owned
  • $0Goodwill and other intangibles
  • $665Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $64,174Total liabilities
  • $58,894Total deposits
  • $51,192Interest-bearing deposits
  • $43,414Deposits held in domestic offices
  • 51192.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $3,899Trading liabilities
  • $0Other borrowed funds
  • $3,593Subordinated debt
  • $0All other liabilities
  • $210Total equity capital
  • $210Total bank equity capital
  • $5,280Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $844Undivided profits
  • Memoranda
  • $4,136Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $414Income earned, not collected on loans
  • $189Earning assets
  • $60,811Long-term assets (5+ years)
  • $3,270Average Assets, year-to-date
  • $63,822Average Assets, quarterly
  • $63,981Volatile liabilities
  • $10,079Insider loans
  • $3,146FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,605Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,280Total risk weighted assets
  • $51,193Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,800Total interest expense
  • $1,886Net interest income
  • $2,914Provision for loan and lease losses
  • $290Total noninterest income
  • $255Fiduciary activities
  • $0Service charges on deposit accounts
  • $189Trading account gains & fees
  • $0Additional noninterest income
  • $66Total noninterest expense
  • $1,760Salaries and employee benefits
  • $841Premises and equipment expense
  • $216Additional noninterest expense
  • $703Pre-tax net operating income
  • $1,119Securities gains (losses)
  • $0Applicable income taxes
  • $408Income before extraordinary items
  • $711Extraordinary gains - net
  • -$2Net income attributable to bank
  • $709Net charge-offs
  • $42Cash dividends
  • $90Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.94%Cost of funding earning assets
  • 3.12%Net interest margin
  • 4.82%Noninterest income to earning assets
  • 0.42%Noninterest expense to earning assets
  • 2.91%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 1.75%Return on equity (ROE)
  • 14.18%Retained earnings to average equity (YTD only)
  • 12.38%Net charge-offs to loans
  • 0.09%Credit loss provision to net charge-offs
  • 690.48%Efficiency ratio
  • 55,538Assets per employee
  • 2.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.69%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 204.83%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 93.22%Net loans and leases to core deposits
  • 98.18%Equity capital to assets
  • 8.23%Core capital (leverage) ratio
  • 8.39%Tier 1 risk-based capital ratio
  • 10.31%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $63,822Average earning assets
  • $5,000Average equity
  • $60,478Average loans

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