First Sentry Bank, Inc.

Headquarters

823 Eighth Street
Huntington, WV 25701
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First Sentry Bank, Inc. is an FDIC insured institution located in Huntington, WV. It was founded in 1996 and has approximately $0.71 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 34241
Date Established 1996
Assets $ 666.41 million
Loans $ 459.52 million
Deposits $ 577.44 million
Capital $ 63.09 million
 

For a more detailed analysis of First Sentry Bank, Inc.'s financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Sentry Bank, Inc.

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
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AimLoan.com
NMLS ID: 2890
License#: 13256
2.569% 2.500% 0.88 $2,258 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.240 %
$0 Learn More
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Note to First Sentry Bank, Inc.
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Branches

First Sentry Bank, Inc. 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:
Fairfield,Connecticut


First Sentry Bank, Inc. Locations


Financial Details

First Sentry Bank, Inc. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Sentry Bank, Inc.. 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
First Sentry Bank, Inc. U.S. Bank Average
3.28% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, First Sentry Bank, Inc. had $1,292,000 in non-current loans and $980,000 in owned real estate. To cover these potential losses it had $63,087,000 in equity and $6,167,000 in loans loss reserves. That gives it a Texas Ratio of 3.28%.

Return on Equity
First Sentry Bank, Inc. U.S. Bank Average
10.73% 7.80%

First Sentry Bank, Inc. has a Return on Equity of 10.73% versus the BestCashCow average of 7.80%. 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
First Sentry Bank, Inc. U.S. Bank Average
9.47% 12.68%

First Sentry Bank, Inc. has a Capitalization of 9.47% versus the BestCashCow average of 12.68. 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.

First Sentry Bank, Inc. Balance Sheet Analysis

As of March 31, 2018, First Sentry Bank, Inc. had assets of $705,050,000, loans of $459,515,000, and deposits of $577,436,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 82.23 million
Interest-bearing balances $ 70.57 million
Total securities $ 143.36 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 459.52 million
Loan loss allowance $ 6.17 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.98 million
Goodwill and other intangibles $ 2.76 million
All other assets $ 9.74 million
     Total Assets $ 641.96 million
LIABILITIES
Total deposits $ 577.44 million
      Interest-bearing deposits $ 468.60 million
      Deposits held in domestic offices $ 577.44 million
      % insured (estimated) 84.94%
Federal funds purchased and repurchase agreements $ 9.80 million
Trading liabilities N.A.
Other borrowed funds $ 53.22 million
Subordinated debt N.A.
All other liabilities $ 1.50 million
      Total Liabilities $ 641.96 million
      Shareholders’ Equity $ 24.44 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 7.07 million
Total Interest Expense $ 1.60 million
Net interest income $ 5.46 million
Provision for loan and lease losses $ 0.24 million
Total non interest income $ 0.47 million
Total non interest expense $ 3.16 million
Pre-tax Net Operating Income $ 2.54 million

Bank Loan Profile?

The top three loan types in First Sentry Bank, Inc.’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in West Virginia, First Sentry Bank, Inc. has a significantly higher percent of Multifamily Mortgages, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 32.31
Multifamily
Mortgages
10.49
Credit Card Loans 0.00
Consumer Auto Loans 1.38
Small Business Loans 0.00
Construction and Development Loans 5.13
Commercial Real Estate 30.32
Commercial and Industrial Loans 18.96
Farm Loans 0.00

Frequently Asked Questions About First Sentry Bank, Inc.

Branches and Savings

Is First Sentry Bank, Inc. FDIC insured?

Yes. It is covered under FDIC Certificate #34241.

Why does First Sentry Bank, Inc. pay such low interest on savings accounts?

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

Why are First Sentry Bank, Inc. CD rates not competitive?

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

Is First Sentry Bank, Inc. a commercial bank?

Yes

Where are First Sentry Bank, Inc. locations?

See branch locations nearby.

Is First Sentry Bank, Inc. open on Saturdays?

Is First Sentry Bank, Inc. open on Sundays?

What time does First Sentry Bank, Inc. open?

What time does First Sentry Bank, Inc. close?

Are First Sentry Bank, Inc. ATMs Open 24/7?

Do First Sentry Bank, Inc. ATMs accept cash deposits?

Can First Sentry Bank, Inc. customers use other ATMs?

Do First Sentry Bank, Inc. branches have notaries?

Will First Sentry Bank, Inc. notarize my document?

What address for First Sentry Bank, Inc. should I put for incoming ACH transfers?

Will the First Sentry Bank, Inc. branch print checks?

Do First Sentry Bank, Inc. checks expire?

Does First Sentry Bank, Inc. require US citizenship to open account?

Can First Sentry Bank, Inc. close my account?

Does First Sentry Bank, Inc. Report to credit bureaus?

Does First Sentry Bank, Inc. Use Equifax?

What is First Sentry Bank, Inc.'s ACH Routing Number?

What is First Sentry Bank, Inc.'s SWIFT code?

Products

Does First Sentry Bank, Inc. offer mortgages?

Compare mortgage rates here.

Does First Sentry Bank, Inc. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Sentry Bank, Inc. offer personal loans?

Compare personal loan rates here.

Does First Sentry Bank, Inc. offer student loans?

Will First Sentry Bank, Inc. cash a check?

Will First Sentry Bank, Inc. redeem a savings bond?

Does First Sentry Bank, Inc. cash savings bonds?

Will First Sentry Bank, Inc. cash money orders?

Can First Sentry Bank, Inc. issue a money order?

Does First Sentry Bank, Inc. do currency exchange?

Background on The Bank

Who owns First Sentry Bank, Inc.?

How long has First Sentry Bank, Inc. been around?

Can First Sentry Bank, Inc. transfer to other banks?

Does First Sentry Bank, Inc. have quick pay?

Does First Sentry Bank, Inc. accept rolled coins?

Will First Sentry Bank, Inc. accept loose change?

Where is First Sentry Bank, Inc. headquarters?

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