United Bank (Parkersburg, WV) (merged into United Bank)
United Bank (Parkersburg, WV) reported total assets of $6.3 bn at Q3 2017, its last Call Report before it merged into United Bank. The CET1 capital ratio at United Bank (Parkersburg, WV) was 12.94%, and the uninsured share of United Bank (Parkersburg, WV) was 26.90%. Source: FDIC Call Reports.
What sets United Bank (Parkersburg, WV) apart
Nothing in the latest data sets United Bank (Parkersburg, WV) apart from banks of its size: no ratio in the top or bottom tenth of its size group, no large rank move or year change, and no acquisition in the FDIC history since 2016. This page is kept out of search results until that changes.
How large is United Bank (Parkersburg, WV)?
The balance sheet of United Bank (Parkersburg, WV) at : assets $6.3 bn, deposits $4.9 bn, net loans $4.8 bn (loans equal to 97.71% of deposits). Securities make up 6.3% of total assets at United Bank (Parkersburg, WV). Since , when United Bank (Parkersburg, WV) held $5.5 bn, its assets grew 15.5%. In the year to , deposits at United Bank (Parkersburg, WV) rose 6.9% while its total assets rose 4.2%. At , United Bank (Parkersburg, WV) employed 901 full-time equivalent staff across 58 offices, about $7.0 mn of assets per employee and $85.3 mn of deposits per office.
How much funding at United Bank (Parkersburg, WV) is uninsured?
At United Bank (Parkersburg, WV), uninsured deposits (above the FDIC limit) made up 26.90% of domestic deposits at (-0.86 pp on a year earlier). In dollars, United Bank (Parkersburg, WV) estimated $1.3 bn of uninsured deposits.
Key facts, Q3 2017
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $4.9 bn | $4.6 bn (Q3 2016) | |
| Net loans and leases | $4.8 bn | $4.9 bn (Q3 2016) | |
| Loan-to-deposit ratio | 97.71% | 106.91% (Q3 2016) | |
| Tier 1 leverage ratio | 10.90% | 9.64% (Q3 2016) | |
| Total risk-based capital ratio | 13.96% | 11.79% (Q3 2016) | |
| Net interest margin | 3.25% | 3.36% (Q3 2016) | |
| Return on assets (ROA) | 0.94% | 1.00% (Q3 2016) | |
| Efficiency ratio | 50.62% | 52.53% (Q3 2016) | |
| Unrealized gain/loss on held-to-maturity securities | Loss of $109,000 | Narrowed by $2.1 mn | |
| Unrealized gain/loss on available-for-sale securities | Gain of $1.2 mn | Fell by $2.2 mn | |
| Noncurrent loans to total loans | 2.57% | 1.47% (Q3 2016) | |
| Net charge-offs to average loans | 0.43% | 0.37% (Q3 2016) |
US rank of United Bank (Parkersburg, WV): 1 = highest unless marked 1 = lowest.
Balance sheet
United Bank (Parkersburg, WV): assets, deposits and loans
- Total assets $6.3bn
- Deposits $4.9bn
- Net loans $4.8bn
Capital and securities
The CET1 ratio of United Bank (Parkersburg, WV) stood at 12.94% in , +2.06 pp year on year. Low and high at United Bank (Parkersburg, WV) since : 10.72% () to 12.94% (). Equity capital of United Bank (Parkersburg, WV) at : $715.7 mn, or 11.3% of total assets. United Bank (Parkersburg, WV) also reported a total capital ratio of 13.96% for , and a tier 1 leverage ratio of 10.90%.
On held-to-maturity securities, United Bank (Parkersburg, WV) carried an unrealized loss of $109,000 at , equal to 0.0% of equity capital. The loss narrowed by $2.1 mn over the year. Its deepest point: $2.9 mn in . The available-for-sale portfolio of United Bank (Parkersburg, WV) showed an unrealized gain of $1.2 mn at ; the gain fell by $2.2 mn over the year.
United Bank (Parkersburg, WV): capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 11%
United Bank (Parkersburg, WV): unrealized securities gains and losses
- Available for sale $1mn
- Held to maturity -$109,000
Profitability and loan quality
For the year to , United Bank (Parkersburg, WV) earned a return on equity of 8.38%; return on assets: 0.94%. Net interest margin at United Bank (Parkersburg, WV): 3.25%, -0.11 pp in a year. United Bank (Parkersburg, WV) net income: $43.4 mn, up 1.0% year on year. The efficiency ratio of United Bank (Parkersburg, WV) was 50.62%: about 51 cents cost per revenue dollar, against 56 cents at the median peer.
At , noncurrent loans were 2.57% of total loans at United Bank (Parkersburg, WV); net charge-offs: 0.43% of average loans. Gross loans and leases at United Bank (Parkersburg, WV): $4.9 bn at , against $5.0 bn at .
United Bank (Parkersburg, WV): profitability
- Return on equity 8.4%
- Net interest margin 3.2%
- Return on assets 0.9%
Peer group of United Bank (Parkersburg, WV)
The peer group of United Bank (Parkersburg, WV) is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of United Bank (Parkersburg, WV) (state member bank) and 0 have head offices in West Virginia. Against them, United Bank (Parkersburg, WV) shows CET1 ratio 12.94% against a peer median of 13.16%, return on equity 8.38% against a peer median of 8.45% and uninsured deposit share 26.90% against a peer median of 22.68%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Emigrant Bank | State-chartered stock savings bank | NY | $6.5 bn | 18.85% | 4.65% | 11.53% | |
| Pacific Premier Bank | National bank | CA | $6.5 bn | 11.80% | 8.54% | 21.49% | |
| Dime Community Bank | State nonmember bank | NY | $6.4 bn | 11.47% | 8.85% | 12.12% | |
| United Bank | State member bank | WV | $6.3 bn | 12.94% | 8.38% | 26.90% | |
| Flushing Bank | State nonmember bank | NY | $6.3 bn | 14.04% | 8.37% | 23.88% | |
| Oriental Bank | State nonmember bank | PR | $6.3 bn | 19.11% | 5.01% | 35.26% | |
| First United Bank and Trust Company | State member bank | OK | $6.2 bn | 12.28% | 13.00% | 29.88% | |
. FDIC Call Reports.
Last eight quarters
Two years at United Bank (Parkersburg, WV), to : assets $5.5 bn to $6.3 bn, deposits $4.5 bn to $4.9 bn, equity $606.7 mn to $715.7 mn. Staff 947 to 901; offices 62 to 58.
| Metric | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 |
|---|---|---|---|---|---|---|---|
| Total assets | $5.5 bn | $6.1 bn | $6.1 bn | $6.0 bn | $6.2 bn | $6.1 bn | $6.3 bn |
| Total deposits | $4.5 bn | $4.4 bn | $4.6 bn | $4.8 bn | $5.0 bn | $4.9 bn | $4.9 bn |
| Bank equity capital | $606.7 mn | $615.7 mn | $631.3 mn | $643.1 mn | $696.1 mn | $706.8 mn | $715.7 mn |
| CET1 ratio | 11.64% | 10.72% | 10.88% | 11.28% | 12.27% | 12.54% | 12.94% |
| Return on equity (ROE) | 8.88% | 8.73% | 9.33% | 9.61% | 8.91% | 8.68% | 8.38% |
| Uninsured share of domestic deposits | 27.13% | 27.14% | 27.76% | 27.08% | 26.09% | 26.12% | 26.90% |
| Full-time equivalent employees | 947 | 962 | 907 | 907 | 915 | 899 | 901 |
| Number of offices | 62 | 58 | 58 | 58 | 58 | 58 | 58 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of United Bank (Parkersburg, WV), oldest first; figures before and after each event are not like for like.
- . Merged into United Bank (FDIC certificate 22858).
Questions and identifiers
What were the total assets of United Bank (Parkersburg, WV)?
United Bank (Parkersburg, WV) reported $6.3 bn at in its Call Report.
Is United Bank (Parkersburg, WV) the same as its holding company?
No. This page covers United Bank (Parkersburg, WV), FDIC certificate 6784; UNITED BANKSHARES INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is United Bank (Parkersburg, WV) profitable?
United Bank (Parkersburg, WV) reported net income of $43.4 mn for the year to ; annualized return on equity: 8.38%. So yes: United Bank (Parkersburg, WV) made a profit over these months.
When is data for United Bank (Parkersburg, WV) next updated?
United Bank (Parkersburg, WV) no longer files Call Reports; its data ends at .
Where can I check the figures for United Bank (Parkersburg, WV)?
In the FDIC BankFind Suite record for certificate 6784, and in the Call Reports of United Bank (Parkersburg, WV) (RSSD ID 1010930) at the FFIEC Central Data Repository.