Community Bank of Parkersburg

Community Bank of Parkersburg is headquartered in Parkersburg and is the 27^th largest bank in the state of West Virginia. It is also the 2,687^th largest bank in the nation. It was established in 1967 and as of March of 2012, it had grown to 58 employees at 4 locations. Community Bank of Parkersburg has a 4-star health rating.

Related Posts

Data for Q1 2012

Institution Statistics Community Bank of Parkersburg FDIC Certificate # 19681 BankRate Report View Year Established 1967 Employees 58 Primary Regulator FDIC Assets and Liabilities Assets $239.16 million Loans $151.75 million Deposits $164.93 million Equity Capital $23.01 million Loan Loss Allowance $1.65 million Unbacked Noncurrent Loans $1.76 million Real Estate Owned $240,000 Historic Data - March 2011 Assets $231.57 million Equity Capital $22.29 million Loan Loss Allowance $1.51 million Unbacked Noncurrent Loans $1.54 million Real Estate Owned $98,000 Profit Margin - Quarterly Net Interest Margin 3.74% Return on Assets 1.48% Return on Equity 15.27% Interest Income $2.69 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 Community Bank of Parkersburg had $2 million in non-current loans and owned real-estate with $24.66 million in equity and loan loss allowances on hand to cover it. This gives Community Bank of Parkersburg a Texas Ratio of 8.10% 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 Community Bank of Parkersburg held steady from 6.87% as of March 31, 2011 to 8.10% as of March 31, 2012, resulting in a negative change of 17.91%. This indicates that the balance sheet and financial strength for Community Bank of Parkersburg has held steady in recent periods. Deposit Growth In the past year, Community Bank of Parkersburg has increased its total deposits by $5.42 million, resulting in 3.4% 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 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. Community Bank of Parkersburg has $239.16 million in assets with $24.66 million in equity, resulting in a capitalization level of 10.31%, which is above average.

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