Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
227 Davis Avenue
Elkins, WV 26241

Davis Trust Company is headquartered in Elkins and is the 38th largest bank in the state of West Virginia. It is also the 3,784th largest bank in the nation. It was established in 1901 and as of March of 2014, it had grown to 53 employees at 2 locations. Davis Trust Company has a C+ health rating.

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


Data for Q1 2014

Institution Health


Texas Ratio


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 Davis Trust Company had $7.13 million in non-current loans and owned real-estate with $18.96 million in equity and loan loss allowances on hand to cover it. This gives Davis Trust Company a Texas Ratio of 37.59% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Davis Trust Company decreased slightly from 49.22% as of March 31, 2013 to 37.59% as of March 31, 2014, resulting in a positive change of 23.63%.This indicates that the balance sheet and financial strength for Davis Trust Company has improved slightly in recent periods.

Deposit Growth


In the past year, Davis Trust Company has decreased its total deposits by -$5.17 million, resulting in -3.92% 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 Davis Trust Company has shown is below average.



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. Davis Trust Company has $145.86 million in assets with $18.96 million in equity, resulting in a capitalization level of 13.00%, which is excellent.

Institution Statistics

FDIC Certificate #2453
Year Established1901
Primary RegulatorFDIC
Assets and Liabilities
Assets$145.86 million
Loans$79.98 million
Deposits$126.80 million
Equity Capital$17.75 million
Loan Loss Allowance$1.21 million
Unbacked Noncurrent Loans$3.59 million
Real Estate Owned$3.54 million
Historic Data - March 2013
Assets$149.44 million
Equity Capital$16.21 million
Loan Loss Allowance$1.62 million
Unbacked Noncurrent Loans$3.59 million
Real Estate Owned$2.16 million
Profit Margin - Quarterly
Net Interest Margin4.09%
Return on Assets0.57%
Return on Equity4.68%
Interest Income$1.23 million

Always verify rates and promotions with the bank or credit union. We are not Davis Trust Company, we are a rate comparison website and can not provide official rates or promotions.

Davis Trust Company Savings Account Rates

0.10%$100-Passbook Savings Account

Davis Trust Company Money Market Rates

0.12%$1k-Money Market (Hi-Fi) Account

Davis Trust Company Checking Account Rates

0.07%$1k-Checking Plus Account

Davis Trust Company CD Rates

1.15%$500-60 Month Certificate
0.60%$500-36 Month Certificate
0.55%$1k-30 Month Certificate
0.45%$10k-25 Month Certificate
0.40%$1k-24 Month Certificate
0.35%$1k-18 Month Certificate
0.30%$1k-12 Month Certificate
0.30%$10k-13 Month Certificate
0.20%$500-7 Month Certificate
0.17%$1k-182 Day Certificate
0.12%$1k-91 Day Certificate
0.10%$2,500-15-31 Day Certificate

Davis Trust Company IRA Rates

0.60%$500-12 Month Maturity IRA Certificate

Davis Trust Company Locations
South Branch950 Beverly PikeElkins, WV 26241
Davis Trust CompanyDavis Avenue and Third StreetElkins, WV 26241