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

This bank is inactive as of September 27, 1993

Wesbanco Bank New Martinsville in New Martinsville, West Virginia (WV)
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Wesbanco Bank New Martinsville - Overview

General
FDIC Certificate #: 15459
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wesbanco Bank, Inc. (#803)
Federal Reserve ID: 640929
Date Established: January 01, 1897
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Interstate: No)
FDIC's unique #: 9767
Numeric code: 13
Regulator: FED
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: Febuary 08, 1937
Last Structure Change Effective Date: September 27, 1993
Last Structure Change Process Date: October 26, 1993
Last Data Update: October 26, 1993
Data Source Date: April 05, 2012
Location
Address: Main Street, New Martinsville, WV 26155
County: Wetzel
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: $36.0 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$18Total assets
$34,616Cash and due from depository institutions
$2,116Interest-bearing balances
$0Securities
$8,989Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$22,505Loan loss allowance
$348Trading account assets
$0Bank premises and fixed assets
$497Other real estate owned
$0Goodwill and other intangibles
$509Life insurance assets
$0All other assets
$0Total liabilities and capital
$34,616Total liabilities
$31,197Total deposits
$30,747Interest-bearing deposits
$27,384Deposits held in domestic offices
30747.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$181Subordinated debt
$0All other liabilities
$269Total equity capital
$269Total bank equity capital
$3,419Perpetual preferred stock
$0Common stock
$150Surplus
$350Undivided profits
Memoranda
$2,919Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$155Income earned, not collected on loans
$128Earning assets
$31,494Long-term assets (5+ years)
$12,119Average Assets, year-to-date
$33,949Average Assets, quarterly
$34,615Volatile liabilities
$1,943Insider loans
$5FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$686Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,419Total risk weighted assets
$19,951Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$2,770Total interest expense
$1,361Net interest income
$1,409Provision for loan and lease losses
$113Total noninterest income
$193Fiduciary activities
$0Service charges on deposit accounts
$140Trading account gains & fees
$0Additional noninterest income
$53Total noninterest expense
$938Salaries and employee benefits
$432Premises and equipment expense
$87Additional noninterest expense
$419Pre-tax net operating income
$551Securities gains (losses)
$3Applicable income taxes
$159Income before extraordinary items
$395Extraordinary gains - net
-$9Net income attributable to bank
$386Net charge-offs
$39Cash dividends
$40Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.87%Cost of funding earning assets
4.36%Net interest margin
4.51%Noninterest income to earning assets
0.62%Noninterest expense to earning assets
3.00%Net operating income to assets
1.16%Return on assets (ROA)
1.14%Pretax return on assets
1.61%Return on equity (ROE)
11.91%Retained earnings to average equity (YTD only)
10.67%Net charge-offs to loans
0.18%Credit loss provision to net charge-offs
289.74%Efficiency ratio
58,552Assets per employee
1.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
10.36%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
224.52%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
0.68%Net loans and leases to deposits
73.19%Net loans and leases to core deposits
77.64%Equity capital to assets
9.88%Core capital (leverage) ratio
9.91%Tier 1 risk-based capital ratio
17.14%Total risk-based capital ratio
Memoranda
$18Average assets
$33,949Average earning assets
$3,242Average equity
$31,241Average loans

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