PackageTrendsPeer
Letter portraitLegal landscape

First National Bank

Ronceverte, WV · Cert 6795

FDIC · 6 branches

Q4 2015

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: Q4 2015, the quarter ended December 31, 2015, 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

First National Bank

Ronceverte, WV · Cert 6795

FDIC · 6 branches

Q4 2015

$238.8MAssets
$136.9MLoans
$204.5MDeposits
$25.0MEquity
Loan mix
81%RE $97.2M16%C&I $19.4M3%Consumer $3.0MQ4 2014Q4 2015
Deposit mix
89%Interest-bearing $182.3M11%Noninterest $22.3MQ4 2014Q4 2015

NIM

3.57%Q4 ’133.41%Q4 ’143.41%Q4 ’15-2%+3%

Non-interest income vs. expense

2.99%Q4 ’132.77%Q4 ’142.77%Q4 ’15-15%-2%

Executive Summary

  • Earnings: ROA of 0.80%, up 10 bps year over year; NIM at 2.95%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.14%.
  • Capital: tier 1 leverage ratio of 9.98%.
  • Funding: loans stand at 66.91% of deposits as of Q4 2015.

Financial Results

Return on Assets (YTD, annualized)

0.80%+10 bps YoY

Net Interest Margin (YTD, annualized)

2.95%+9 bps YoY

Efficiency Ratio (YTD, annualized)

74.77%-270 bps YoY

Tier 1 Leverage Ratio

9.98%

Year to date, annualized, through each quarter.

MetricQ4 2014Q1 2015Q2 2015Q3 2015Q4 2015YoY ΔTrend
Earnings
Return on Assets0.70%0.78%0.90%0.83%0.80%+10 bps
Return on Equity6.36%6.98%7.95%7.25%7.10%+74 bps
Net Interest Margin2.86%2.87%2.69%2.86%2.95%+9 bps
Efficiency Ratio77.47%72.66%70.78%71.82%74.77%-270 bps
Non-Interest Burden2.05%1.88%1.69%1.84%2.01%-5 bps
Growth
Asset Growth (YoY)4.63%10.42%-0.02%-3.46%-4.51%-914 bps
Loan Growth (YoY)3.32%4.64%5.96%7.60%4.89%+157 bps
Deposit Growth (YoY)4.31%10.66%-0.53%-4.32%-5.28%-959 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.05%-0.05%-0.14%-0.09%-0.14%-19 bps
Allowance / Loans1.54%1.55%1.44%1.44%1.38%-17 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/a11.32%10.62%11.40%9.98%n/a
Total Risk-Based Capital18.29%18.76%18.59%18.56%16.07%-222 bps
Equity / Assets11.27%11.06%11.59%12.00%10.45%-82 bps
Liquidity & Funding
Loans / Deposits60.42%58.56%63.75%65.04%66.91%+649 bps
Liquid Assets / Assets6.76%11.01%5.62%4.23%4.19%-257 bps
CRE / Total Capitaln/an/an/an/an/an/an/a