Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 12.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Other Rating Factors:
A current level of 17.6 percent of nonperforming loans to core capital combined with 4.2 percent from a year earlier contributes to the Fair asset quality (4.3). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.9 has resulted in Fair (3.7) profitability.
Asset Mix:
Comm re (37%), securities (22%), home mtgs (22%), cash (2%), comm loans (2%), home eq lns (1%), consumer loans (1%), other (15%)
States with Branches:
VA, WV
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
MCNB Banks, Inc.
Investment Rating
Address
75 Wyoming Street
Welch, WV 24801
Welch, WV 24801
Phone Number
(304) 436-4112
Year Founded
1900
FDIC Number
Website
Largest Affiliates
There are no affiliate to display.