Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

City National Bank of West Virginia

City National Bank of West Virginia
Overview / Commentary
3601 Maccorkle Ave., Se
Charleston, WV 25304

City National Bank of West Virginia is headquartered in Charleston and is the 3rd largest bank in the state of West Virginia. It is also the 236th largest bank in the nation. It was established in 1957 and as of March of 2014, it had grown to 929 employees at 83 locations. City National Bank of West Virginia has a B+ health rating.

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



Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
A

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 City National Bank of West Virginia had $33.23 million in non-current loans and owned real-estate with $356.66 million in equity and loan loss allowances on hand to cover it. This gives City National Bank of West Virginia a Texas Ratio of 9.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for City National Bank of West Virginia decreased slightly from 12.88% as of March 31, 2013 to 9.32% as of March 31, 2014, resulting in a positive change of 27.65%.This indicates that the balance sheet and financial strength for City National Bank of West Virginia has improved slightly in recent periods.

Deposit Growth

GRADE:
C

In the past year, City National Bank of West Virginia has decreased its total deposits by -$35.71 million, resulting in -1.24% 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 average.

Capitalization

GRADE:
B+

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 $3.38 billion in assets with $356.66 million in equity, resulting in a capitalization level of 10.56%, which is above average.

Institution Statistics

Overall
FDIC Certificate #17735
Year Established1957
Employees929
Primary RegulatorOCC
Assets and Liabilities
Assets$3.38 billion
Loans$2.53 billion
Deposits$2.85 billion
Equity Capital$335.61 million
Loan Loss Allowance$21.04 million
Unbacked Noncurrent Loans$23.69 million
Real Estate Owned$9.54 million
Historic Data - March 2013
Assets$3.41 billion
Equity Capital$326.12 million
Loan Loss Allowance$19.72 million
Unbacked Noncurrent Loans$23.69 million
Real Estate Owned$10.51 million
Profit Margin - Quarterly
Net Interest Margin4.01%
Return on Assets1.6%
Return on Equity16.38%
Interest Income$32.90 million
Rates

Sorry, we do not have rate data for City National Bank of West Virginia

Locations

City National Bank of West Virginia has 83 locations. Click to view all City National Bank of West Virginia locations.