Wesbanco Bank Bridgeport, Inc. in Bridgeport, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 29, 1995

  • Wesbanco Bank Bridgeport, Inc. in Bridgeport, West Virginia (WV)
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Wesbanco Bank Bridgeport, Inc. - Overview

  • General
  • FDIC Certificate #: 18264
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wesbanco Bank Fairmont, Inc. (#6761)
    Federal Reserve ID: 946724
    Date Established: January 01, 1902
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    FDIC's unique #: 12180
    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: June 15, 1960
    Last Structure Change Effective Date: April 29, 1995
    Last Structure Change Process Date: May 22, 1995
    Last Data Update: May 22, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 139 Main Street, Bridgeport, WV 26330
    County: Harrison
    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
    Combined Statistical Area (CSA): Fairmont-Clarksburg, WV (#242)
    Core Based Statistical Area (CBSA): Clarksburg, WV (#17220)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $117.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $66Total assets
  • $120,193Cash and due from depository institutions
  • $6,613Interest-bearing balances
  • $0Securities
  • $40,432Federal funds sold & reverse repurchase agreements
  • $1,310Net loans & leases
  • $67,096Loan loss allowance
  • $1,108Trading account assets
  • $0Bank premises and fixed assets
  • $3,103Other real estate owned
  • $90Goodwill and other intangibles
  • $1,534Life insurance assets
  • $15All other assets
  • $0Total liabilities and capital
  • $120,193Total liabilities
  • $107,308Total deposits
  • $103,142Interest-bearing deposits
  • $85,250Deposits held in domestic offices
  • 103142.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $3,203Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $963Total equity capital
  • $963Total bank equity capital
  • $12,885Perpetual preferred stock
  • $0Common stock
  • $3,600Surplus
  • $4,503Undivided profits
  • Memoranda
  • $4,782Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $436Income earned, not collected on loans
  • $305Earning assets
  • $108,838Long-term assets (5+ years)
  • $19,606Average Assets, year-to-date
  • $121,729Average Assets, quarterly
  • $119,999Volatile liabilities
  • $7,086Insider loans
  • $3,102FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,312Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $13,225Total risk weighted assets
  • $61,496Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $8,345Total interest expense
  • $2,755Net interest income
  • $5,590Provision for loan and lease losses
  • $75Total noninterest income
  • $605Fiduciary activities
  • $0Service charges on deposit accounts
  • $515Trading account gains & fees
  • $0Additional noninterest income
  • $90Total noninterest expense
  • $4,069Salaries and employee benefits
  • $2,072Premises and equipment expense
  • $770Additional noninterest expense
  • $1,227Pre-tax net operating income
  • $2,051Securities gains (losses)
  • $2Applicable income taxes
  • $726Income before extraordinary items
  • $1,327Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,327Net charge-offs
  • $109Cash dividends
  • $758Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.54%Cost of funding earning assets
  • 2.49%Net interest margin
  • 5.05%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 3.68%Net operating income to assets
  • 1.09%Return on assets (ROA)
  • 1.09%Pretax return on assets
  • 1.69%Return on equity (ROE)
  • 10.67%Retained earnings to average equity (YTD only)
  • 4.58%Net charge-offs to loans
  • 0.16%Credit loss provision to net charge-offs
  • 68.81%Efficiency ratio
  • 65,440Assets per employee
  • 1.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.12%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 254.13%Noncurrent assets plus other real estate owned to assets
  • 0.44%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 65.05%Net loans and leases to core deposits
  • 67.60%Equity capital to assets
  • 10.72%Core capital (leverage) ratio
  • 10.79%Tier 1 risk-based capital ratio
  • 21.51%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $121,729Average earning assets
  • $12,436Average equity
  • $110,656Average loans

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