City National Bank of West Virginia

City National Bank of West Virginia is headquartered in Charleston and is the 3^rd largest bank in the state of West Virginia. It is also the 259^th largest bank in the nation. It was established in 1957 and as of March of 2012, it had grown to 799 employees at 68 locations. City National Bank of West Virginia has a 4-star health rating.

City National Bank of West Virginia Routing Number: 051904524

Data for Q1 2012

Institution Statistics City National Bank of West Virginia FDIC Certificate # 17735 BankRate Report View Year Established 1957 Employees 799 Primary Regulator OCC Assets and Liabilities Assets $2.76 billion Loans $1.95 billion Deposits $2.30 billion Equity Capital $269.99 million Loan Loss Allowance $18.63 million Unbacked Noncurrent Loans $20.98 million Real Estate Owned $8.25 million Historic Data - March 2011 Assets $2.67 billion Equity Capital $261.90 million Loan Loss Allowance $18.41 million Unbacked Noncurrent Loans $25.52 million Real Estate Owned $7.24 million Profit Margin - Quarterly Net Interest Margin 3.92% Return on Assets 1.48% Return on Equity 15.25% Interest Income $27.21 million

Institution Health Overall Score: 4 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 March 31, 2012 City National Bank of West Virginia had $29.23 million in non-current loans and owned real-estate with $288.62 million in equity and loan loss allowances on hand to cover it. This gives City National Bank of West Virginia a Texas Ratio of 10.13% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for City National Bank of West Virginia held steady from 11.69% as of March 31, 2011 to 10.13% as of March 31, 2012, resulting in a positive change of 13.36%.This indicates that the balance sheet and financial strength for City National Bank of West Virginia has held steady in recent periods. Deposit Growth In the past year, City National Bank of West Virginia has increased its total deposits by $72.69 million, resulting in 3.26% 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 City National Bank of West Virginia has shown is above 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. City National Bank of West Virginia has $2.76 billion in assets with $288.62 million in equity, resulting in a capitalization level of 10.47%, which is above average.

No reviews have been left for this bank yet. Be the first to review.