Institution Statistics
| United Bank | | FDIC Certificate # | 6784 | | BankRate Report | View | | Year Established | 1839 | | Employees | 856 | | Primary Regulator | FED |
Assets and Liabilities | | Assets | $3.64 billion | | Loans | $2.71 billion | | Deposits | $3.01 billion | | Equity Capital | $293.48 million | | Loan Loss Allowance | $35.91 million | | Unbacked Noncurrent Loans | $30.36 million | | Real Estate Owned | $21.67 million |
Historic Data - September 2010 | | Assets | $3.73 billion | | Equity Capital | $280.37 million | | Loan Loss Allowance | $35.72 million | | Unbacked Noncurrent Loans | $31.02 million | | Real Estate Owned | $26.64 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.04% | | Return on Assets | 1.35% | | Return on Equity | 16.39% | | Interest Income | $112.12 million |
|
|
Institution Health
Overall Score:
3 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 United Bank (WV) had $52.03 million in non-current loans and owned real-estate with $329.38 million in equity and loan loss allowances on hand to cover it. This gives United Bank (WV) a Texas Ratio of 15.80% 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 United Bank (WV) held steady from 18.27% as of September 30, 2010 to 15.80% as of September 30, 2011, resulting in a positive change of 13.56%.This indicates that the balance sheet and financial strength for United Bank (WV) has held steady in recent periods. | | Deposit Growth |  | | In the past year, United Bank (WV) has increased its total deposits by $115.39 million, resulting in 3.98% 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 United Bank (WV) has shown is above average. | | 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. United Bank (WV) has $3.64 billion in assets with $329.38 million in equity, resulting in a capitalization level of 9.04%, which is average. |
|
Average User Rating:
Lack Of Confidentiality Regarding Your Finances
What ever happened to the adage that says banking is confidential. If you do not want other people to know your business do not do any banking with the united Bank in Parkersburg on Market Street. I own a small business And in the course of getting a line of credit I gave United some financial information. The commercial loan officer who knew one of the MINORITY stock holders informed them about company business and shared the financials and discussed other items to which that shareholder was not entitled to know about. I was about to merge all three of our branches account business there as we at present only have the account for one branch at united. I cannot be assured that my account information will be kept confidential so now because if this unethical breech I am closing the existing account and merging all three elsewhere. This is the second occurrence with the same bank officer with that shareholder. Shame on him!