City National Bank of West Virginia

3601 Maccorkle Ave., Se
Charleston, WV 25304

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17735
Date Established 1957
Assets $4.84 billion
Loans $3.57 billion
Deposits $3.99 billion
Capital $0.53 billion

City National Bank of West Virginia is an FDIC insured institution located in Charleston, WV. It was founded in 1957 and has approximately $4.84 billion in assets. Customers can open an account at one of its 86 branches.

For a more detailed analysis of City National Bank of West Virginia's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in City National Bank of West Virginia’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, City National Bank of West Virginia’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 52.98
Multifamily
Mortgages
5.76
Credit Card Loans 0.00
Consumer Auto Loans 0.97
Small Business Loans 6.16
Construction and Development Loans 1.67
Commercial Real Estate 28.96
Commercial and Industrial Loans 8.29
Farm Loans 0.26

Deposit Rates - June 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $1 $14,999 Learn MoreShow Less
Money Market
0.65% $25,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.55% $500 - Learn MoreShow Less
6 Mo CD
0.75% $500 - Learn MoreShow Less
Special: 11 Mo CD
2.10% $5,000 - Learn MoreShow Less
12 Mo CD
1.10% $500 - Learn MoreShow Less
18 Mo CD
1.20% $500 - Learn MoreShow Less
18 Mo CD
1.30% $500 - Learn MoreShow Less
24 Mo CD
1.35% $500 - Learn MoreShow Less
24 Mo CD
1.50% $500 - Learn MoreShow Less
Special: 25 Mo CD
2.15% $5,000 - Learn MoreShow Less
36 Mo CD
1.60% $500 - Learn MoreShow Less
36 Mo CD
1.75% $500 - Learn MoreShow Less
Special: 42 Mo CD
2.20% $5,000 - Learn MoreShow Less
48 Mo CD
1.70% $500 - Learn MoreShow Less
48 Mo CD
1.95% $500 - Learn MoreShow Less
60 Mo CD
2.00% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.10% $500 - Learn MoreShow Less
Special: 11 Mo FIRA
2.10% $5,000 - Learn MoreShow Less
Special: 25 Mo FIRA
2.15% $5,000 - Learn MoreShow Less
Special: 42 Mo FIRA
2.20% $5,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 - Learn MoreShow Less
Var IRA
0.15% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - June 24, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for City National Bank of West Virginia

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to City National Bank of West Virginia
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

City National Bank of West Virginia branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


City National Bank of West Virginia Locations


Financial Details

City National Bank of West Virginia Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of City National Bank of West Virginia. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
City National Bank of West Virginia U.S. Bank Average
3.5% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2018, City National Bank of West Virginia had $14,808,000 in non-current loans and $4,438,000 in owned real estate. To cover these potential losses it had $534,002,000 in equity and $15,966,000 in loans loss reserves. That gives it a Texas Ratio of 3.5%.

Return on Equity
City National Bank of West Virginia U.S. Bank Average
16.05% 8.80%

City National Bank of West Virginia has a Return on Equity of 16.05% versus the BestCashCow average of 8.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
City National Bank of West Virginia U.S. Bank Average
11.04% 12.29%

City National Bank of West Virginia has a Capitalization of 11.04% versus the BestCashCow average of 12.29. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

City National Bank of West Virginia Balance Sheet Analysis

As of December 31, 2018, City National Bank of West Virginia had assets of $4,837,769,000, loans of $3,569,343,000, and deposits of $3,993,339,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.11 billion
Interest-bearing balances $0.05 billion
Total securities $0.74 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $3.57 billion
Loan loss allowance $0.02 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.13 billion
All other assets $0.21 billion
     Total Assets $4.30 billion
LIABILITIES
Total deposits $3.99 billion
      Interest-bearing deposits $3.18 billion
      Deposits held in domestic offices $3.99 billion
      % insured (estimated) 94.80%
Federal funds purchased and repurchase agreements $0.22 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.04 billion
Subordinated debt $0.00 billion
All other liabilities $0.05 billion
      Total Liabilities $4.30 billion
      Shareholders’ Equity $0.53 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.16 billion
Total Interest Expense $0.02 billion
Net interest income $0.14 billion
Provision for loan and lease losses $-0.00 billion
Total non interest income $0.06 billion
Total non interest expense $0.11 billion
Pre-tax Net Operating Income $0.09 billion

Frequently Asked Questions About City National Bank Of West Virginia

Branches and Savings

Is City National Bank Of West Virginia FDIC insured?

Yes. It is covered under FDIC Certificate #17735.

Why does City National Bank Of West Virginia pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are City National Bank Of West Virginia CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is City National Bank Of West Virginia a commercial bank?

Yes

Where are City National Bank Of West Virginia locations?

See branch locations nearby.

Is City National Bank Of West Virginia open on Saturdays?

Is City National Bank Of West Virginia open on Sundays?

What time does City National Bank Of West Virginia open?

What time does City National Bank Of West Virginia close?

Are City National Bank Of West Virginia ATMs Open 24/7?

Do City National Bank Of West Virginia ATMs accept cash deposits?

Can City National Bank Of West Virginia customers use other ATMs?

Do City National Bank Of West Virginia branches have notaries?

Will City National Bank Of West Virginia notarize my document?

What address for City National Bank Of West Virginia should I put for incoming ACH transfers?

Will the City National Bank Of West Virginia branch print checks?

Do City National Bank Of West Virginia checks expire?

Does City National Bank Of West Virginia require US citizenship to open account?

Can City National Bank Of West Virginia close my account?

Does City National Bank Of West Virginia Report to credit bureaus?

Does City National Bank Of West Virginia Use Equifax?

What is City National Bank Of West Virginia's ACH Routing Number?

What is City National Bank Of West Virginia's SWIFT code?

Products

Does City National Bank Of West Virginia offer mortgages?

Compare mortgage rates here.

Does City National Bank Of West Virginia offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does City National Bank Of West Virginia offer personal loans?

Compare personal loan rates here.

Does City National Bank Of West Virginia offer student loans?

Will City National Bank Of West Virginia cash a check?

Will City National Bank Of West Virginia redeem a savings bond?

Does City National Bank Of West Virginia cash savings bonds?

Will City National Bank Of West Virginia cash money orders?

Can City National Bank Of West Virginia issue a money order?

Does City National Bank Of West Virginia do currency exchange?

Background on The Bank

Who owns City National Bank Of West Virginia?

How long has City National Bank Of West Virginia been around?

Can City National Bank Of West Virginia transfer to other banks?

Does City National Bank Of West Virginia have quick pay?

Does City National Bank Of West Virginia accept rolled coins?

Will City National Bank Of West Virginia accept loose change?

Where is City National Bank Of West Virginia headquarters?

Customer Reviews for City National Bank of West Virginia

There are currently no comments for City National Bank of West Virginia. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →