Overview / Commentary
The Bank of Romney is headquartered in Romney and is the 18th largest bank in the state of West Virginia. It is also the 2,247th largest bank in the nation. It was established in 1888 and as of December of 2019, it had grown to 74 employees at 7 locations. The Bank of Romney has a B+ health rating.
Health
B+
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 845 |
| Year Established | 1888 |
| Employees | 74 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.08% |
| Return on Equity - YTD | 10.23% |
| Annual Interest Income | $13.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $294.0MM$286.5MM |
| Loans | Q4 2019vs Q4 2018 | $218.5MM$209.2MM |
| Deposits | Q4 2019vs Q4 2018 | $207.4MM$209.6MM |
| Equity Capital | Q4 2019vs Q4 2018 | $33.0MM$28.5MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $1.8MM$1.7MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $3.7MM$4.4MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $213.00K$451.00K |