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 2,701^st largest bank in the nation. It was established in 1967 and as of September of 2011, it had grown to 58 employees at 4 locations. Community Bank of Parkersburg has a 5-star health rating.

Related Posts

Data for Q3 2011

Institution Statistics Community Bank of Parkersburg FDIC Certificate # 19681 BankRate Report View Year Established 1967 Employees 58 Primary Regulator FDIC Assets and Liabilities Assets $236.29 million Loans $152.01 million Deposits $161.36 million Equity Capital $23.61 million Loan Loss Allowance $1.64 million Unbacked Noncurrent Loans $1.79 million Real Estate Owned $121,000 Historic Data - September 2010 Assets $222.08 million Equity Capital $22.54 million Loan Loss Allowance $1.38 million Unbacked Noncurrent Loans $59,000 Real Estate Owned $100,000 Profit Margin - Quarterly Net Interest Margin 3.9% Return on Assets 1.61% Return on Equity 16.36% Interest Income $8.47 million

Institution Health Overall Score: 5 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 September 30, 2011 Community Bank of Parkersburg had $1.91 million in non-current loans and owned real-estate with $25.25 million in equity and loan loss allowances on hand to cover it. This gives Community Bank of Parkersburg a Texas Ratio of 7.57% which is excellent. 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 increased slightly from 0.66% as of September 30, 2010 to 7.57% as of September 30, 2011, resulting in a negative change of 1,038.30%. This indicates that the balance sheet and financial strength for Community Bank of Parkersburg has declined slightly in recent periods. Deposit Growth In the past year, Community Bank of Parkersburg has increased its total deposits by $12 million, resulting in 8.04% 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 excellent. 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 $236.29 million in assets with $25.25 million in equity, resulting in a capitalization level of 10.69%, which is above average.

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