Citizens Bank of West Virginia, Inc.
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Data as of · sourced from FFIEC call reports. How we update
Citizens Bank of West Virginia, Inc. is an FDIC-insured commercial bank headquartered in Elkins, WV, supervised by the FDIC, with $772.5M in total assets at Q2 2026, up 13.2% from Q2 2025, the 8th largest of 40 banks headquartered in West Virginia. It was established in 1924 and holds FDIC certificate 6760. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.00% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 6760
- Headquarters
- Elkins, WV
- Established
- 1924
- Total assets, Q2 2026
- $772.5M
- Assets vs Q2 2025
- +13.2%
- Tier 1 leverage ratio, Q2 2026
- 10.00%
- Domestic offices
- 9 · Citizens Bank of West Virginia, Inc. branches FDIC institution directory, current count
- Routing number
- 051501150
- Safety and soundness
- Is Citizens Bank of West Virginia, Inc. safe?
- Latest call report
- Q2 2026, FFIEC 051 · Citizens Bank of West Virginia, Inc. Q3 2026 call report, filed October 19, 2026 (preliminary)
- Holding company
- CITIZENS FINANCIAL CORP.
- Asset rank in state
- 8th of 40 in West Virginia
Citizens Bank of West Virginia, Inc. runs leaner than most banks of its size. Based in Elkins, West Virginia, it had $772 million in assets at June 30, 2026, up 13.2% from a year earlier. It spends about 43 cents to bring in each dollar of revenue, lower than about 9 in 10 of the 2,627 banks with $100 million to $1 billion in assets (median 61 cents). It also grew deposits 12.8% over the year, about triple the median of 4.1% for banks its size.
Earnings jumped: net income for the quarter was $3.7 million, 34% above the same quarter a year earlier. Problem loans, meaning loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.58% of loans from 0.34% a year earlier.
As of June 30, 2026, Citizens Bank of West Virginia, Inc. reported a return on assets of 1.91%, a nonperforming-loan ratio of 0.58% and a Texas ratio of 4.76%. The figures come from its call report filed with the FFIEC.
Of the 40 banks headquartered in West Virginia, Citizens Bank of West Virginia, Inc. is the 8th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 0.3% to $772.5M, loans rose 4.7% and deposits fell 1.4%. Auto loans made up 42.1% of its total loans on June 30, 2026, its largest category; next came 1-4 family residential loans at 17.0%. The FDIC Summary of Deposits lists 9 offices for it, in 9 cities across 2 states; its Elkins office books 41% of its branch deposits. By the capital ratios in its Q2 2026 call report, Citizens Bank of West Virginia, Inc. meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 211 3rd St, Elkins, WV 26241
- County
- Randolph
- Metro Area
- Elkins, WV
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 22, 1924
- Domestic offices
- 9 FDIC institution directory, current count
- Employees (FTE)
- 112
- Domestic deposits
- $678.7M
- Allowance for credit losses
- $6.3M
- Net charge-offs (YTD)
- $1.1M
- Average total assets
- $767.7M
- Average total loans
- $589.6M
- Average interest-bearing deposits
- $534.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 6760
- Fed RSSD
- 481627
- Website
- www.citizenswv.com →
- Parent Holding Company
- CITIZENS FINANCIAL CORP. (RSSD 1142970)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Citizens Bank of West Virginia, Inc. reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Citizens Bank of West Virginia, Inc.'s total assets moved between a low of $621.7M (Q3 2023) and a high of $775.1M (Q1 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$772.5M total assets against $682.5M; $693.5M total liabilities against $613.3M.
$604.5M net loans and leases against $534.9M; $678.7M total deposits against $601.8M.
$101.1M securities against $72.8M; $26.4M cash and balances due against $38.5M.
$11.1M total interest income against $9.7M; $2.9M total interest expense against $3.1M.
$8.1M net interest income against $6.6M.
$1.4M total noninterest income against $1.1M; $4.3M total noninterest expense against $3.7M.
$500K provision for credit losses against $450K.
$3.7M net income against $2.7M.
1.91% return on assets against 1.61%; 4.52% net interest margin against 4.14%.
10.00% tier 1 leverage ratio against 10.13%.
Inside the full Citizens Bank of West Virginia, Inc. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeCitizens Bank of West Virginia, Inc. rankings
Its closest position to the top of a national ranking is 327 of 3,606, for efficiency ratio; its furthest is 1,406 of 3,640, for Texas Ratio.
Banks merged into Citizens Bank of West Virginia, Inc.
- Miners & Merchants Bank, effective March 21, 2026
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.26% (Q3 2024) to 2.05% (Q1 2026) and its net interest margin ran from 3.62% (Q3 2024) to 4.52% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.00% | 1.91% | 0.58% | 4.76% | 4.52% |
| Q1 2026 | 10.32% | 2.05% | 0.49% | 4.40% | 4.40% |
| Q4 2025 | 10.33% | 1.57% | 0.42% | 3.69% | 4.52% |
| Q3 2025 | 10.48% | 1.64% | 0.34% | 3.70% | 4.36% |
| Q2 2025 | 10.13% | 1.61% | 0.34% | 3.81% | 4.14% |
| Q1 2025 | 9.81% | 1.54% | 0.32% | 3.74% | 4.04% |
| Q4 2024 | 9.35% | 1.52% | 0.35% | 4.45% | 3.88% |
| Q3 2024 | 9.28% | 1.26% | 0.36% | 4.63% | 3.62% |
Swipe the table sideways to see every column.
Branch Network
View all 9 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Citizens Bank of West Virginia, Inc. (main office) | Elkins , WV | 26241 | $275.8M |
| Buckhannon Office Branch | Buckhannon , WV | 26201 | $173.1M |
| Tucker County Branch | Parsons , WV | 26287 | $56.1M |
| New Martinsville Branch | New Martinsville , WV | 26155 | $54.4M |
| Miners & Merchants Bank Branch | Thomas , WV | 26292 | $35.9M |
| Snowshoe Branch | Slatyfork , WV | 26291 | $34.1M |
| Tygart Valley Branch | Beverly , WV | 26253 | $25.4M |
| Oakland Maryland Branch | Oakland , MD | 21550 | $14.3M |
| Front Street Branch | Bayard , WV | 26707 | $9.7M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| March 21, 2026 | Structure Change | Acquired Miners & Merchants Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 20, 2026 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 3, 1984 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 3, 1984 | Structure Change | Acquired The Tucker County Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 1.4% of deposits in WV, rank 12 of 65 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 5 loans, $788K approved, $158K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Citizens Bank of West Virginia, Inc.
What are Citizens Bank of West Virginia, Inc.'s total assets?
As of the Q2 2026 filing, Citizens Bank of West Virginia, Inc. reported total assets of $772.5 million in its FFIEC call report.
Where is Citizens Bank of West Virginia, Inc. headquartered?
It is headquartered in Elkins, WV, United States.
When was Citizens Bank of West Virginia, Inc. founded?
It was established in 1924, per the FDIC institution directory.
Is Citizens Bank of West Virginia, Inc. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #6760). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Citizens Bank of West Virginia, Inc.?
Citizens Bank of West Virginia, Inc.'s primary federal regulator is the FDIC.
How many branches does Citizens Bank of West Virginia, Inc. operate?
It operates 9 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Citizens Bank of West Virginia, Inc.'s Texas Ratio?
Its Texas Ratio is 4.76% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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