Bank of Charles Town

Bank of Charles Town is headquartered in Charles Town and is the 16^st largest bank in the state of West Virginia. It is also the 2,212^st largest bank in the nation. It was established in 1870 and as of September of 2011, it had grown to 88 employees at 5 locations. Bank of Charles Town has a 3-star health rating.

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Data for Q3 2011

Institution Statistics Bank of Charles Town FDIC Certificate # 9023 BankRate Report View Year Established 1870 Employees 88 Primary Regulator FDIC Assets and Liabilities Assets $292.78 million Loans $202.11 million Deposits $257.71 million Equity Capital $24.74 million Loan Loss Allowance $5.26 million Unbacked Noncurrent Loans $3.27 million Real Estate Owned $6.15 million Historic Data - September 2010 Assets $298.33 million Equity Capital $25.96 million Loan Loss Allowance $4.87 million Unbacked Noncurrent Loans $2.23 million Real Estate Owned $6.36 million Profit Margin - Quarterly Net Interest Margin 3.57% Return on Assets -0.58% Return on Equity -6.79% Interest Income $9.52 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Bank of Charles Town had $9.43 million in non-current loans and owned real-estate with $30 million in equity and loan loss allowances on hand to cover it. This gives Bank of Charles Town a Texas Ratio of 31.41% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of Charles Town held steady from 27.88% as of September 30, 2010 to 31.41% as of September 30, 2011, resulting in a negative change of 12.67%. This indicates that the balance sheet and financial strength for Bank of Charles Town has held steady in recent periods. Deposit Growth In the past year, Bank of Charles Town has decreased its total deposits by $-950,000, resulting in -0.37% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Charles Town has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Charles Town has $292.78 million in assets with $30 million in equity, resulting in a capitalization level of 10.25%, which is above average.

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