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5229 Coal Heritage Road
Iaeger, WV 24844

Pioneer Community Bank, Inc. is headquartered in Iaeger and is the 46th largest bank in the state of West Virginia. It is also the 4,295th largest bank in the nation. It was established in 1931 and as of March of 2014, it had grown to 46 employees at 4 locations. Pioneer Community Bank, Inc. has a B health rating.

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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 Pioneer Community Bank, Inc. had $2.81 million in non-current loans and owned real-estate with $16.15 million in equity and loan loss allowances on hand to cover it. This gives Pioneer Community Bank, Inc. a Texas Ratio of 17.42% 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 Pioneer Community Bank, Inc. experienced no significant changes from 13.55% as of March 31, 2013 to 17.42% as of March 31, 2014, resulting in a negative change of 28.56%. This indicates that the balance sheet and financial strength for Pioneer Community Bank, Inc. has had no significant changes in recent periods.

Deposit Growth


In the past year, Pioneer Community Bank, Inc. has decreased its total deposits by -$7.1 million, resulting in -6.39% 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 Pioneer Community Bank, Inc. 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. Pioneer Community Bank, Inc. has $119.73 million in assets with $16.15 million in equity, resulting in a capitalization level of 13.49%, which is excellent.

Institution Statistics

FDIC Certificate #2448
Year Established1931
Primary RegulatorFDIC
Assets and Liabilities
Assets$119.73 million
Loans$89.71 million
Deposits$104.04 million
Equity Capital$15.06 million
Loan Loss Allowance$1.09 million
Unbacked Noncurrent Loans$2.43 million
Real Estate Owned$380,000
Historic Data - March 2013
Assets$126.28 million
Equity Capital$13.89 million
Loan Loss Allowance$1.07 million
Unbacked Noncurrent Loans$2.43 million
Real Estate Owned$633,000
Profit Margin - Quarterly
Net Interest Margin4.92%
Return on Assets0.97%
Return on Equity7.77%
Interest Income$1.37 million

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Pioneer Community Bank, Inc. Locations
Welch Branch681 Riverside DriveWelch, WV 24801
Sophia Branch822 Robert C. Byrd DriveSophia, WV 25921
Bradshaw Branch83 Buchanan StreetBradshaw, WV 24817
Pioneer Community Bank, Inc.Center StreetIaeger, WV 24844
Northfork BranchMain StreetNorthfork, WV 24868
War BranchMain StreetWar, WV 24892