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Overview / Commentary
107 Pike Street
Philippi, WV 26416

BCBank, Inc. is headquartered in Philippi and is the 47th largest bank in the state of West Virginia. It is also the 4,491st largest bank in the nation. It was established in 1970 and as of March of 2014, it had grown to 32 employees at 3 locations. BCBank, Inc. has a B health rating.

Reviews (1)

Community Bank

Excellent customer service. Nice to still have community owned and operated banks in existence.



Health

Data for Q1 2014

Institution Health

B

Texas Ratio

GRADE:
C+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 BCBank, Inc. had $3.35 million in non-current loans and owned real-estate with $12.34 million in equity and loan loss allowances on hand to cover it. This gives BCBank, Inc. a Texas Ratio of 27.19% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for BCBank, Inc. decreased slightly from 31.72% as of March 31, 2013 to 27.19% as of March 31, 2014, resulting in a positive change of 14.31%.This indicates that the balance sheet and financial strength for BCBank, Inc. has improved slightly in recent periods.

Deposit Growth

GRADE:
C+

In the past year, BCBank, Inc. has decreased its total deposits by $-587,000, resulting in -0.6% 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 BCBank, Inc. has shown is average.

Capitalization

GRADE:
A

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. BCBank, Inc. has $110.01 million in assets with $12.34 million in equity, resulting in a capitalization level of 11.21%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #20215
Year Established1970
Employees32
Primary RegulatorFED
Assets and Liabilities
Assets$110.01 million
Loans$61.03 million
Deposits$96.57 million
Equity Capital$11.41 million
Loan Loss Allowance$925,000
Unbacked Noncurrent Loans$870,000
Real Estate Owned$2.48 million
Historic Data - March 2013
Assets$109.98 million
Equity Capital$11.08 million
Loan Loss Allowance$901,000
Unbacked Noncurrent Loans$870,000
Real Estate Owned$2.71 million
Profit Margin - Quarterly
Net Interest Margin3.58%
Return on Assets0.58%
Return on Equity5.58%
Interest Income$956,000
Rates

Sorry, we do not have rate data for BCBank, Inc.

Locations


BCBank, Inc. Locations
Bcbank, Inc.107 Pike StreetPhilippi, WV 26416
Nutter Fort Office1105 Buckhannon PikeNutter Fort, WV 26301
Fairmont Branch936 East Park AvenueFairmont, WV 26554