Wesbanco Bank Elizabeth in Elizabeth, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 18, 1995

Wesbanco Bank Elizabeth in Elizabeth, West Virginia (WV)
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Wesbanco Bank Elizabeth - Overview

General
FDIC Certificate #: 15500
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wesbanco Bank Parkersburg (#18582)
Federal Reserve ID: 477723
Date Established: January 01, 1900
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 9800
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 07, 1937
Last Structure Change Effective Date: November 18, 1995
Last Structure Change Process Date: January 04, 1996
Last Data Update: January 04, 1996
Data Source Date: April 05, 2012
Location
Address: Court Street, Elizabeth, WV 26143
County: Wirt
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
Core Based Statistical Area (CBSA): Parkersburg-Marietta-Vienna, WV-OH (#37620)
CBSA Metro Statistical Area: Parkersburg-Marietta-Vienna, WV-OH (#37620)
Financial Summary
Total assets: $28.3 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)
$12Total assets
$25,039Cash and due from depository institutions
$681Interest-bearing balances
$0Securities
$3,361Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$20,254Loan loss allowance
$329Trading account assets
$0Bank premises and fixed assets
$279Other real estate owned
$40Goodwill and other intangibles
$424Life insurance assets
$0All other assets
$0Total liabilities and capital
$25,039Total liabilities
$22,100Total deposits
$22,017Interest-bearing deposits
$19,698Deposits held in domestic offices
22017.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$83Total equity capital
$83Total bank equity capital
$2,939Perpetual preferred stock
$0Common stock
$200Surplus
$1,000Undivided profits
Memoranda
$1,739Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$35Income earned, not collected on loans
$151Earning assets
$23,615Long-term assets (5+ years)
$1,714Average Assets, year-to-date
$24,940Average Assets, quarterly
$25,202Volatile liabilities
$1,769Insider loans
$47FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,984Total risk weighted assets
$17,373Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,191Total interest expense
$690Net interest income
$1,501Provision for loan and lease losses
$97Total noninterest income
$148Fiduciary activities
$0Service charges on deposit accounts
$70Trading account gains & fees
$0Additional noninterest income
$78Total noninterest expense
$674Salaries and employee benefits
$291Premises and equipment expense
$87Additional noninterest expense
$296Pre-tax net operating income
$878Securities gains (losses)
$16Applicable income taxes
$306Income before extraordinary items
$588Extraordinary gains - net
$0Net income attributable to bank
$588Net charge-offs
$36Cash dividends
$1,070Sale, 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
9.31%Cost of funding earning assets
2.93%Net interest margin
6.37%Noninterest income to earning assets
0.63%Noninterest expense to earning assets
2.86%Net operating income to assets
2.32%Return on assets (ROA)
2.36%Pretax return on assets
3.58%Return on equity (ROE)
18.99%Retained earnings to average equity (YTD only)
-15.57%Net charge-offs to loans
0.19%Credit loss provision to net charge-offs
269.44%Efficiency ratio
40,873Assets per employee
2.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
181.97%Loss allowance to loans
1.60%Loss allowance to noncurrent loans
940.00%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.17%Net loans and leases to deposits
91.99%Net loans and leases to core deposits
100.03%Equity capital to assets
11.74%Core capital (leverage) ratio
11.79%Tier 1 risk-based capital ratio
17.18%Total risk-based capital ratio
Memoranda
$18Average assets
$24,940Average earning assets
$3,097Average equity
$23,546Average loans

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