PackageTrendsPeer
Letter portraitLegal landscape

Boone County Bank, Inc.

Madison, WV · Cert 34837

FDIC · 31 branches

Q2 2021

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2021, the quarter ended June 30, 2021, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Boone County Bank, Inc.

Madison, WV · Cert 34837

FDIC · 31 branches

Q2 2021

$1.4BAssets
$937.9MLoans
$1.2BDeposits
$179.2MEquity
Loan mix
79%RE $529.7M19%C&I $129.2M2%Consumer $10.7MQ2 2020Q2 2021
Deposit mix
67%Interest-bearing $788.6M33%Noninterest $388.1MQ2 2020Q2 2021

NIM

4.59%Q2 ’194.18%Q2 ’203.58%Q2 ’21-8%-9%

Non-interest income vs. expense

2.26%Q2 ’192.13%Q2 ’201.94%Q2 ’21-3%-6%

Market Position · Charleston, WV · 2021 SOD (annual) · 4.5% share · #7 of 17 inst. · $0.3B of $7.5B

64.3% Braxton
20.9% Greenbrier
50.4% Boone
0.1% District Of Columbia

Executive Summary

  • Earnings: ROA of 1.31%, down 12 bps year over year; NIM at 3.56%.
  • Asset quality: problem loans at 1.29% of loans (-15 bps YoY), with net charge-offs at 0.27%.
  • Capital: tier 1 leverage ratio of 10.29%, down 68 bps from a year ago.
  • Funding: loans stand at 79.70% of deposits as of Q2 2021.

Financial Results

Return on Assets (YTD, annualized)

1.31%-12 bps YoY

Net Interest Margin (YTD, annualized)

3.56%-34 bps YoY

Efficiency Ratio (YTD, annualized)

50.65%+67 bps YoY

Tier 1 Leverage Ratio

10.29%-68 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2020Q3 2020Q4 2020Q1 2021Q2 2021YoY ΔTrend
Earnings
Return on Assets1.44%1.42%1.44%1.51%1.31%-12 bps
Return on Equity10.11%10.06%10.31%11.54%10.18%+7 bps
Net Interest Margin3.90%3.84%3.89%3.71%3.56%-34 bps
Efficiency Ratio49.98%50.30%49.47%48.63%50.65%+67 bps
Non-Interest Burden1.78%1.76%1.74%1.63%1.68%-10 bps
Growth
Asset Growth (YoY)8.11%6.79%10.49%16.57%6.86%-125 bps
Loan Growth (YoY)7.04%9.04%3.01%8.45%0.09%-695 bps
Deposit Growth (YoY)9.10%8.19%12.08%17.56%4.97%-413 bps
Asset Quality
Nonperforming Loans / Loans1.43%0.97%1.09%1.25%1.29%-15 bps
Net Charge-Offs / Loans0.14%0.42%0.37%0.05%0.27%+13 bps
Allowance / Loans1.27%1.08%1.20%1.19%1.14%-13 bps
Allowance Coverage of NPLs0.9x1.1x1.1x1.0x0.9x0.0x
Capital
Tier 1 Leverage Ratio10.97%10.79%10.71%10.67%10.29%-68 bps
Total Risk-Based Capital10.97%10.79%10.71%10.67%10.29%-68 bps
Equity / Assets13.57%13.75%13.29%12.81%12.63%-93 bps
Liquidity & Funding
Loans / Deposits83.59%85.09%78.99%81.05%79.70%-388 bps
Liquid Assets / Assets7.32%3.94%10.03%7.00%8.24%+92 bps
CRE / Total Capitaln/an/an/an/an/an/an/a