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

This bank is inactive as of April 05, 1994

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

  • General
  • FDIC Certificate #: 14852
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wesbanco Bank, Inc. (#803)
    Federal Reserve ID: 643920
    Date Established: January 01, 1832
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 9297
    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: October 26, 1934
    Last Structure Change Effective Date: April 05, 1994
    Last Structure Change Process Date: April 18, 1994
    Last Data Update: April 18, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 800 Charles, Wellsburg, WV 26070
    County: Brooke
    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): Steubenville-Weirton, OH-WV (#8080)
    Core Based Statistical Area (CBSA): Steubenville-Weirton, OH-WV (#44600)
    CBSA Metro Statistical Area: Steubenville-Weirton, OH-WV (#44600)
  • Financial Summary
  • Total assets: $54.8 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)
  • $20Total assets
  • $54,740Cash and due from depository institutions
  • $1,754Interest-bearing balances
  • $0Securities
  • $22,963Federal funds sold & reverse repurchase agreements
  • $96Net loans & leases
  • $28,380Loan loss allowance
  • $463Trading account assets
  • $0Bank premises and fixed assets
  • $508Other real estate owned
  • $0Goodwill and other intangibles
  • $1,039Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $54,740Total liabilities
  • $48,303Total deposits
  • $46,873Interest-bearing deposits
  • $42,739Deposits held in domestic offices
  • 46873.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $441Trading liabilities
  • $0Other borrowed funds
  • $500Subordinated debt
  • $0All other liabilities
  • $489Total equity capital
  • $489Total bank equity capital
  • $6,437Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $100Undivided profits
  • Memoranda
  • $5,337Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $238Income earned, not collected on loans
  • $432Earning assets
  • $51,439Long-term assets (5+ years)
  • $6,384Average Assets, year-to-date
  • $54,884Average Assets, quarterly
  • $55,066Volatile liabilities
  • $1,849Insider loans
  • $805FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,039Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,437Total risk weighted assets
  • $31,664Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,929Total interest expense
  • $1,577Net interest income
  • $2,352Provision for loan and lease losses
  • $62Total noninterest income
  • $212Fiduciary activities
  • $0Service charges on deposit accounts
  • $133Trading account gains & fees
  • $0Additional noninterest income
  • $79Total noninterest expense
  • $1,069Salaries and employee benefits
  • $479Premises and equipment expense
  • $113Additional noninterest expense
  • $477Pre-tax net operating income
  • $1,433Securities gains (losses)
  • $29Applicable income taxes
  • $494Income before extraordinary items
  • $968Extraordinary gains - net
  • $0Net income attributable to bank
  • $968Net charge-offs
  • $21Cash dividends
  • $400Sale, 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
  • 7.59%Cost of funding earning assets
  • 3.05%Net interest margin
  • 4.54%Noninterest income to earning assets
  • 0.41%Noninterest expense to earning assets
  • 2.06%Net operating income to assets
  • 1.73%Return on assets (ROA)
  • 1.76%Pretax return on assets
  • 2.66%Return on equity (ROE)
  • 15.69%Retained earnings to average equity (YTD only)
  • 9.21%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 295.24%Efficiency ratio
  • 41,693Assets per employee
  • 2.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.32%Loss allowance to loans
  • 1.61%Loss allowance to noncurrent loans
  • 194.54%Noncurrent assets plus other real estate owned to assets
  • 0.43%Noncurrent loans to loans
  • 0.83%Net loans and leases to deposits
  • 60.55%Net loans and leases to core deposits
  • 61.74%Equity capital to assets
  • 11.76%Core capital (leverage) ratio
  • 11.62%Tier 1 risk-based capital ratio
  • 20.33%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $54,884Average earning assets
  • $6,168Average equity
  • $51,771Average loans

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