First Bank of Charleston, Inc.

First Bank of Charleston, Inc. is headquartered in Charleston and is the 31^st largest bank in the state of West Virginia. It is also the 3,312^st largest bank in the nation. It was established in 2003 and as of March of 2012, it had grown to 24 employees at 1 location. First Bank of Charleston, Inc. has a 4-star health rating.

Data for Q1 2012

Institution Statistics First Bank of Charleston, Inc. FDIC Certificate # 57514 BankRate Report View Year Established 2003 Employees 24 Primary Regulator FDIC Assets and Liabilities Assets $185.12 million Loans $129.05 million Deposits $147.88 million Equity Capital $20.13 million Loan Loss Allowance $1.84 million Unbacked Noncurrent Loans $2.28 million Real Estate Owned $84,000 Historic Data - March 2011 Assets $171.31 million Equity Capital $18.35 million Loan Loss Allowance $1.92 million Unbacked Noncurrent Loans $2.48 million Real Estate Owned $46,000 Profit Margin - Quarterly Net Interest Margin 4.05% Return on Assets 1.09% Return on Equity 10.08% Interest Income $2.22 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 First Bank of Charleston, Inc. had $2.37 million in non-current loans and owned real-estate with $21.97 million in equity and loan loss allowances on hand to cover it. This gives First Bank of Charleston, Inc. a Texas Ratio of 10.76% 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 First Bank of Charleston, Inc. held steady from 12.47% as of March 31, 2011 to 10.76% as of March 31, 2012, resulting in a positive change of 13.71%.This indicates that the balance sheet and financial strength for First Bank of Charleston, Inc. has held steady in recent periods. Deposit Growth In the past year, First Bank of Charleston, Inc. has increased its total deposits by $18.34 million, resulting in 14.16% 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 First Bank of Charleston, Inc. 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. First Bank of Charleston, Inc. has $185.12 million in assets with $21.97 million in equity, resulting in a capitalization level of 11.87%, which is above average.

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