FDIC Certificate #: 19730 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Wesbanco Bank, Inc. (#803) Federal Reserve ID: 676021 Date Established: July 03, 1967 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 22 (Interstate: No) OTS Docket #: 12222 FDIC's unique #: 13526 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: No Date of Deposit Insurance: July 03, 1967 Last Structure Change Effective Date: March 01, 2002 Last Structure Change Process Date: April 11, 2002 Last Data Update: April 11, 2002 Data Source Date: April 05, 2012
Location
Address: 135 West Main Street, St. Clairsville, OH 43950 County: Belmont Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Atlanta FDIC Field Office: Columbus Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central 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: $688.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2001)
Dollar figures in thousands
166Total employees (full-time equivalent)
$688,158Total assets
$13,801Cash and due from depository institutions
$134Interest-bearing balances
$277,647Securities
$2,509Federal funds sold & reverse repurchase agreements
$355,647Net loans & leases
$3,673Loan loss allowance
$0Trading account assets
$10,087Bank premises and fixed assets
$601Other real estate owned
$800Goodwill and other intangibles
$0Life insurance assets
$27,066All other assets
$688,158Total liabilities and capital
$635,655Total liabilities
$475,887Total deposits
$430,757Interest-bearing deposits
$475,887Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$155,266Other borrowed funds
$0Subordinated debt
$4,502All other liabilities
$52,503Total equity capital
$52,503Total bank equity capital
$52,503Perpetual preferred stock
$0Common stock
$2,479Surplus
$11,040Undivided profits
Memoranda
$38,984Noncurrent loans and leases
$60,623Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,189Earning assets
$385Long-term assets (5+ years)
$4,270Average Assets, year-to-date
$635,937Average Assets, quarterly
$294,179Volatile liabilities
$690,899Insider loans
$689,085FHLB advances
$82,279Loans and leases held for sale
$2,464Unused loan commitments
$155,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$60,623Total unused commitments
$173Restructured Loans and leases
$3,673Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$46,575Total interest income
$30,089Total interest expense
$16,486Net interest income
$1,460Provision for loan and lease losses
$1,999Total noninterest income
$0Fiduciary activities
$951Service charges on deposit accounts
$0Trading account gains & fees
$1,048Additional noninterest income
$13,215Total noninterest expense
$5,227Salaries and employee benefits
$2,093Premises and equipment expense
$5,895Additional noninterest expense
$3,810Pre-tax net operating income
$475Securities gains (losses)
$152Applicable income taxes
$4,133Income before extraordinary items
$0Extraordinary gains - net
$4,133Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,039Sale, conversion, retirement of capital stock, net
$2,700Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.24%Yield on earning assets
4.68%Cost of funding earning assets
2.56%Net interest margin
0.31%Noninterest income to earning assets
2.06%Noninterest expense to earning assets
0.53%Net operating income to assets
0.60%Return on assets (ROA)
0.62%Pretax return on assets
7.84%Return on equity (ROE)
2.72%Retained earnings to average equity (YTD only)
0.28%Net charge-offs to loans
140.52%Credit loss provision to net charge-offs
5.07%Efficiency ratio
69,916Assets per employee
4.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
65.33%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
87.68%Noncurrent assets plus other real estate owned to assets
0.70%Noncurrent loans to loans
1.17%Net loans and leases to deposits
74.73%Net loans and leases to core deposits
89.16%Equity capital to assets
7.63%Core capital (leverage) ratio
7.55%Tier 1 risk-based capital ratio
13.10%Total risk-based capital ratio
Memoranda
$14Average assets
$690,899Average earning assets
$52,746Average equity
$642,997Average loans
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