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The Fayette County National Bank of Fayetteville

The Fayette County National Bank of Fayetteville
Overview / Commentary
101 N. Court St
Fayetteville, WV 25840

The Fayette County National Bank of Fayetteville is headquartered in Fayetteville and is the 51st largest bank in the state of West Virginia. It is also the 4,936th largest bank in the nation. It was established in 1900 and as of March of 2014, it had grown to 39 employees at 4 locations. The Fayette County National Bank of Fayetteville has a C+ health rating.

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Health

Data for Q1 2014

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. The Fayette County National Bank of Fayetteville has a relatively low asset base.

Texas Ratio

GRADE:
B+

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 The Fayette County National Bank of Fayetteville had $1.39 million in non-current loans and owned real-estate with $11.01 million in equity and loan loss allowances on hand to cover it. This gives The Fayette County National Bank of Fayetteville a Texas Ratio of 12.65% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for The Fayette County National Bank of Fayetteville increased slightly from 6.83% as of March 31, 2013 to 12.65% as of March 31, 2014, resulting in a negative change of 85.34%. This indicates that the balance sheet and financial strength for The Fayette County National Bank of Fayetteville has declined slightly in recent periods.

Deposit Growth

GRADE:
D

In the past year, The Fayette County National Bank of Fayetteville has decreased its total deposits by -$5.36 million, resulting in -6.58% 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 The Fayette County National Bank of Fayetteville has shown is below average.

Capitalization

GRADE:
A+

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. The Fayette County National Bank of Fayetteville has $91.51 million in assets with $11.01 million in equity, resulting in a capitalization level of 12.03%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #6762
Year Established1900
Employees39
Primary RegulatorOCC
Assets and Liabilities
Assets$91.51 million
Loans$57.29 million
Deposits$76.16 million
Equity Capital$10.27 million
Loan Loss Allowance$738,000
Unbacked Noncurrent Loans$1.16 million
Real Estate Owned$236,000
Historic Data - March 2013
Assets$92.61 million
Equity Capital$10.57 million
Loan Loss Allowance$699,000
Unbacked Noncurrent Loans$1.16 million
Real Estate Owned$299,000
Profit Margin - Quarterly
Net Interest Margin4.06%
Return on Assets0.78%
Return on Equity6.88%
Interest Income$916,000
Rates

Sorry, we do not have rate data for The Fayette County National Bank of Fayetteville

Locations


The Fayette County National Bank of Fayetteville Locations
The Fayette County National Bank Of Fayetteville101 N. Court StFayetteville, WV 25840
Ansted Branch137 East Main StreetAnsted, WV 25812
Oak Hill Branch1554 East Main StreetOak Hill, WV 25901
Express Bank Branch314 North Court StreetFayetteville, WV 25840