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304-485-7991
631 Juliana Street
Parkersburg, WV 26101

Community Bank of Parkersburg is headquartered in Parkersburg and is the 24th largest bank in the state of West Virginia. It is also the 2,596th largest bank in the nation. It was established in 1967 and as of March of 2014, it had grown to 61 employees at 4 locations. Community Bank of Parkersburg has a B+ health rating.

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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 Community Bank of Parkersburg had $1.6 million in non-current loans and owned real-estate with $26.79 million in equity and loan loss allowances on hand to cover it. This gives Community Bank of Parkersburg a Texas Ratio of 5.98% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Community Bank of Parkersburg experienced no significant changes from 5.57% as of March 31, 2013 to 5.98% as of March 31, 2014, resulting in a negative change of 7.27%. This indicates that the balance sheet and financial strength for Community Bank of Parkersburg has had no significant changes in recent periods.

Deposit Growth

GRADE:
C+

In the past year, Community Bank of Parkersburg has decreased its total deposits by $-280,000, resulting in -0.17% 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 Community Bank of Parkersburg 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. Community Bank of Parkersburg has $245.99 million in assets with $26.79 million in equity, resulting in a capitalization level of 10.89%, which is above average.

Institution Statistics

Overall
FDIC Certificate #19681
Year Established1967
Employees61
Primary RegulatorFDIC
Assets and Liabilities
Assets$245.99 million
Loans$172.32 million
Deposits$163.49 million
Equity Capital$25.21 million
Loan Loss Allowance$1.59 million
Unbacked Noncurrent Loans$1.33 million
Real Estate Owned$270,000
Historic Data - March 2013
Assets$240.27 million
Equity Capital$23.28 million
Loan Loss Allowance$1.65 million
Unbacked Noncurrent Loans$1.33 million
Real Estate Owned$254,000
Profit Margin - Quarterly
Net Interest Margin3.9%
Return on Assets1.55%
Return on Equity15.38%
Interest Income$2.52 million
Rates

Sorry, we do not have rate data for Community Bank of Parkersburg

Locations


Community Bank of Parkersburg Locations
South Parkersburg Branch1620 Blizzard DriveParkersburg, WV 26101
Vienna Branch2400 Grand Central AvenueVienna, WV 26105
Emerson Avenue Branch3906 Emerson AvenueParkersburg, WV 26104
Community Bank Of Parkersburg631 Juliana StreetParkersburg, WV 26101