Clear Mountain Bank
Bruceton Mills, WV — State Member Bank
Active
Vitals
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Total Assets556.1M 5.4 %
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Total Deposits487.0M 4.7 %
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Total Net Loans434.0M 6.9 %
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Net Income4.6M -11.7 %
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Book Value60.0M 6.6 %
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Book Value x2120.1M 6.6 %
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Book Value x3180.1M 6.6 %
Balance Sheet Highlights
| Financial Highlights | Clear Mountain Bank | All Insured Commercial Banks in West Virginia |
| Balance Sheet $(000) | ||
| Total Assets | 556,146 | 360,672 |
| Total Net Loans | 434,023 | 251,469 |
| Total Deposits | 487,022 | 299,214 |
| Total Equity | 60,042 | 38,258 |
| Profitability | ||
| Net Income | 4,624 | 3,285 |
| Return on Average Assets | .856 | .706 |
| Return on Average Equity | 7.911 | 6.418 |
| Net Interest Margin | 4.044 | 3.744 |
| Efficiency Ratio | 68.796 | 72.606 |
| Noninterest Income/Revenue | 21.981 | 20.548 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 89.118 | 76.49 |
| Securities/Assets | .124 | .175 |
| Total Equity/Total Assets | .108 | .106 |
| Tangible Equity/Tangible Assets | .108 | .096 |
| Capital Adequacy | ||
| Tier 1 Common Capital | 60,965 | 35,874 |
| Tier 1 Capital | 60,965 | 36,036 |
| Tier 2 Capital | 5,304 | 2,393 |
| Total Capital | 66,269 | 38,423 |
| Total Risk Weighted Assets | 422,785 | 244,928 |
| Leverage Ratio | 11.05 | 10.924 |
| Common Equity Tier 1 Capital Ratio | 14.42 | 18.341 |
| Tier 1 Capital Ratio | 14.42 | 18.347 |
| Total Capital Ratio | 15.67 | 19.449 |
Timeline for Clear Mountain Bank
The Terra Alta Bank
Acquisition: Clear Mountain Bank acquired a new subsidiary, The Terra Alta Bank, 18 years
View Profile Oct 11 2005
State Bancorp, Inc.
State Bancorp, Inc. became a new parent organization for Clear Mountain Bank.
View Profile Sep 08 1983
Clear Mountain Bank
Clear Mountain Bank was established 93 years ago and is currently headquartered in Bruceton Mills, WV.
Jan 01 1931| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| The Terra Alta Bank | Seller | 75,171 | Pooling of Interests | Discontinued | 10/11/2005 |
| Relationships | Role | Relationship Start | Relationship End |
| State Bancorp, Inc. | Parent | 2/25/1985 | |
| State Bancorp, Inc. | Parent | 9/8/1983 | 2/24/1985 |
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