Vitals
  • Total Assets
    178.4M 3.7 %
  • Total Deposits
    160.1M 4.0 %
  • Total Net Loans
    95.1M 0.4 %
  • Net Income
    235000.0000 -13.6 %
  • Book Value
    17.6M 3.0 %
  • Book Value x2
    35.2M 3.0 %
  • Book Value x3
    52.8M 3.0 %
ROAA

.563

ROAE

5.369

Efficiency Ratio

79.889

Net Interest Margin

3.991

Balance Sheet Highlights
Financial Highlights Bank Of Gassaway All Insured Commercial Banks in West Virginia
Balance Sheet $(000)
Total Assets 178,425 311,833
Total Net Loans 95,063 202,472
Total Deposits 160,106 261,751
Total Equity 17,616 33,313
Profitability
Net Income 235 713
Return on Average Assets .563 .724
Return on Average Equity 5.369 6.696
Net Interest Margin 3.991 3.767
Efficiency Ratio 79.889 70.581
Noninterest Income/Revenue 12.839 17.56
Balance Sheet Ratios
Loan-to-Deposit 59.375 71.35
Securities/Assets .217 .205
Total Equity/Total Assets .099 .107
Tangible Equity/Tangible Assets .099 .096
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 17,327 31,185
Tier 2 Capital 1,101 2,180
Total Capital 18,428 33,364
Total Risk Weighted Assets 87,802 200,380
Leverage Ratio 10.37 10.747
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 19.73 18.417
Total Capital Ratio 20.99 19.588

Timeline for Bank Of Gassaway

Premier Bank, Inc.

Bank Of Gassaway was acquired by Premier Bank, Inc. 10 years

View Profile Apr 05 2014

Gassaway Bancshares, Inc.

Gassaway Bancshares, Inc. became a new parent organization for Bank Of Gassaway.

View Profile Jan 27 1986

Community Investment Company, Inc.

Community Investment Company, Inc. became a new parent organization for Bank Of Gassaway.

View Profile Dec 31 1970

Bank Of Gassaway

Bank Of Gassaway was established 119 years ago and is currently headquartered in Gassaway, WV.

Jan 01 1905
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Premier Bank, Inc. Buyer 1,093,655 Acquisition Discontinued 4/5/2014
Relationships Role Relationship Start Relationship End
Gassaway Bancshares, Inc. Parent 1/27/1986 4/4/2014
Community Investment Company, Inc. Parent 12/31/1970 12/31/1977
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