Progressive Bank, National Association-Buckhannon
Buckhannon, WV — National Bank
Acquired Jun 2003
Vitals
-
Total Assets40.8M
-
Total Deposits36.8M
-
Total Net Loans23.9M
-
Net Income87000.0000
-
Book Value3.5M
-
Book Value x27.1M
-
Book Value x310.6M
Balance Sheet Highlights
Financial Highlights | Progressive Bank, National Association-Buckhannon | All Insured Commercial Banks in West Virginia |
Balance Sheet $(000) | ||
Total Assets | 40,765 | 165,601 |
Total Net Loans | 23,928 | 96,547 |
Total Deposits | 36,844 | 138,158 |
Total Equity | 3,527 | 15,621 |
Profitability | ||
Net Income | 87 | 631 |
Return on Average Assets | .866 | 1.013 |
Return on Average Equity | 9.937 | 9.859 |
Net Interest Margin | 3.826 | 4.202 |
Efficiency Ratio | 60.721 | 65.004 |
Noninterest Income/Revenue | 4.37 | 13.691 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 64.944 | 70.203 |
Securities/Assets | .298 | .451 |
Total Equity/Total Assets | .087 | .094 |
Tangible Equity/Tangible Assets | .087 | .028 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 3,334 | 14,630 |
Tier 2 Capital | 307 | 1,107 |
Total Capital | 3,641 | 15,734 |
Total Risk Weighted Assets | 24,482 | 96,249 |
Leverage Ratio | 8.32 | 9.743 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 13.62 | 16.374 |
Total Capital Ratio | 14.87 | 17.525 |
Timeline for Progressive Bank, National Association-Buckhannon
Progressive Bank, National Association
Progressive Bank, National Association-Buckhannon was acquired by Progressive Bank, National Association 20 years
View Profile Jun 28 2003Progressive Bank, National Association-Buckhannon
Progressive Bank, National Association-Buckhannon was established 37 years ago and is currently headquartered in Buckhannon, WV.
Aug 11 1986First West Virginia Bancorp, Inc.
First West Virginia Bancorp, Inc. became a new parent organization for Progressive Bank, National Association-Buckhannon.
View Profile Aug 11 1986Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Progressive Bank, National Association | Buyer | 340,907 | Pooling of Interests | Discontinued | 6/28/2003 |
Relationships | Role | Relationship Start | Relationship End |
First West Virginia Bancorp, Inc. | Parent | 8/11/1986 | 6/27/2003 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Gladewater National Bank
|
Gladewater | TX | 40.8M |
Kress National Bank
|
Kress | TX | 40.8M |
The First National Bank Of Paducah
|
Paducah | TX | 39.7M |
First National Bank In Frankfort
|
Frankfort | KS | 41.3M |
Progressive National Bank
|
Mansfield | LA | 43.9M |
The First National Bank Of Dozier
|
Dozier | AL | 37.6M |
The First National Bank Of Sandoval
|
Sandoval | IL | 45.0M |
Community National Bank In Monmouth
|
Monmouth | IL | 42.0M |
First National Bank In Hominy
|
Hominy | OK | 42.4M |
The Santa Anna National Bank
|
Santa Anna | TX | 45.6M |